The Chronicle-star combined with the Moss Point advertiser., 1948-08-20
NOTICE OF BOND SALE

NOTICE OF BOND SALE
5000 SCHOLL BONDS OF ST. MAR
TIN CONSOLIDATED SCHOOL DIS
TRIcT OF JACKSON COUNTY,
Sealed proposals will be received by
the Board of Supervisors of Jackson
County. Mississippi. at the office of
said Board in the Courthouse. In the
City of P~ascagoula, Mississippi. until
the hour of ten o'clock. a. m. on Tues
day. the oath day of August, lo4S, at
which time said bids will be publicly
oDened for the purchase. at not less
than par and accrued interest, Of Six
Thousand Dollars Csc. 000) School Bonds
of st. Martin Consolidated School Dis
trict of said County.
The said bonds bear date Of Sep
TENDER |, 1913, are to be for the
following denominations. six f6) bonds
for the sum of 81 900 each, and shall
bear interest at a rate or rates to be
determined pursuant to sale of said
bonds, payable March |. 1919, and
semi-annually thereafter upon Sep
TENDER 1. 1919. and March I in each
year, both principal and interest on
said bonds will be PAYABLE at the
County depository of Jackson Coun-
ty. Mississippi. IN the City of Pasca-
goula. and said bonds shall mature
without option or prior payment, on
September / Of each of the years and
III ~ aitAOAlAho w -
September |, 1949.-s1 600
September 1. 1950-s1. 900
September /. 1881 900
September 1, 1921 900
September /. 1953-s1. 900
September 1, 1851. 900
Bidders are requested to designate
in their bids the price they will pay
for bonds bearing interest at a rate
or rates likewise TO be designated in
their bids; provided. however, that all
bonds to be the same maturity shall
bear interest at the same rate, which
shall be an ever multiple of one
eighth of one per cent q -8th Of 1ml. 1t
is the intention of the Board of Sup
ervisors to determine which Of the
bids submitted is the highest bid
upon the basis of the lowest total
interest eost over the life of the issue
fled in the bids, less the premium Of
fered, II any
Proposals should be addressed to
the Board of Supervisors. should be
MAINLY marked Proposal FOR
BONDS" and should be filed with the
or prior to the date n hour here
|inabove named. Each bid must be
accompanied by a cashiers check. Ger.
titled check or exchange, payable to
the Board of Supervisors of Jackson
County. Mississippi in the amount of
' ne IfAftl1Fh1 ana THY ana HO~iVf
Dollars fsf5000). issued or certified
bv a bank located in the State of
Mississinni as a guarantee that the
bidder will carry out his contract and
nurchase the bonds If his hid is ac-
cepted. If the successful bidder fails
to purchase the bonds pursuant 70
his bid and contract. the amount of
such good faith check shall be re-
tanned by the Board of Supervisors as
~lionidated damages for such failure.
The Board of Supervisors reserves
the riPht TO reject any and all bids.
and then to sell the bonds at private
sale within sixty f60) DAYS at a price
not less than the highest bid received.
determined as aforesaid:
Said bonds 10 be validated by the
chsncery Court as Is provided hv
statute and the St Martin CONSOLE
dated School District to nav for the
printing of said bonds. and the cost of
valuation thereof
Delivery Of said bonds viii be made
~ the purchaser on OF before tortv-
five f45l days after September I. 1919,
in the City of ~Pascagoula. Mississippi.
without cost 70 the purchaser; de-
livery elsewhere will be made at the
xpense of the purchaser.
BY order IF the Board Of Supervis-
ors of Jackson County. Mississippi.
this Ord day Of August. 1913,
~ c. EVERETT,
Clerk. Board Of Supervisors
st-s-s e. %