The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1952-08-28
NOTICE OF SALE OF SCHOOL
DISTRICT BONDS

NOTICE Is HEREBY GIVEN,
by the Board of Trustees of
School District No. 17-H of Big
Horn County, State of Mon
tana, that said board of trust
ees will on the 22nd day of
September, 1852, at the hour of
800 o'clock P. M. at the super
intendent's office in the grade
school building of said school
district in Hardin, Montana,
sell to the highest and best bid
der for cash, either amortiza-
ton or serial bonds of said
school district in the total a.
mount of One Hundred Twen-
ty-four Thousand and No/100
,($124, OO0. O0) Dollars, for the
purpose of the construction of
an addition to the elementary
school building of said school
district, which is located on
Block Fourteen Ga of the Sec
ond Addition and Block Eleven
CID of the First Addition to
the Original Town, (now City,
of Hardin, Montana, or separ-
ate building thereon, which ad-
dition or separate building shall
consist of the addition of six
co. additional classrooms, the
construction of a Superintend-
ent'S office, teachers room, a
health room, toilets, Washrooms
and shower rooms combined,
janitor'S room and storage
rooms, and for the further pur-
pose of eqiuping all of said
rooms with the necessary school
furniture, fixtures and apparat-
us, consisting of desks, chairs.
and all other necessary school
equipment.
Amortization bonds will be
first choice and serial bonds
will be the second choice of the
said school district.
If amortization bonds are
sold and issued, the entire is
sue may be put into one single
bond or divided into several
bonds, as the said board of
trustees may determine upon
at the time of sale, both prin-
cipal and interest to be pay
able in semi-annual install
mentS during a period of twen-
ty COO years from the date of
issue.
If serial bonds are issued and
sold they will be in denomina-
tons of One Thousand and NO.
100 ($1,000.00) Dollars and Two
and No/100 ,($200O0)
Dollars; the sum of Six Thou
sand Two Hundred and No/100
($6,200.00) Dollars of the said
serial bonds will become pay
able on the 1st day of August,
1858, and the sum of Six Thou
sand Two Hundred and No/100
($6,200!00) Dollars will become
payable on the same day of
each year thereafter until all
OF such bonds are paid.
The said bonds, whether am
ortization or serial bonds, will
bear date of August 1, 1852,
and will bear interest at arate
not exceeding six per centum
per annum, payable semi
annually on the LIST day of
and on the 1st day of
August in each year, and will
be redeemable in full ten years
from the date of issue and on
any interest due date there
after prior to maturity.
All bonds shall be redeemable
when one-half (R) of the term
for which they were issued has
expired and on any interest
due date thereafter prior to
their maturity.
The said bonds will be sold
for not less than their par VAL
ue with accrued interest, and
all bidders must state the low
est rate of interest at which
they will purchase the bonds at
par. The board of trustees re-
the right to reject any
and all bids and to sell said
bonds at private sale.
All bids other than by or on
behalf of the state board of
land commissioners must be
accompanied by a certified