Evening star. [volume] (Washington, D.C.) 1854-1972, 1960-03-11
PROPOSALS
(coNIlNuEo)

SEQ, 600. 0O.-COUNTY COMMITS
sIoNERs OF CHARLES COUNTY,
MARYLAND. HOSPITAL FAcILI-
TIES BONDS OF CHARLES
COUNTY OF 196O.-sealed bids
will be received BY the County
Commissioners Of Charles County
in their ofiees in the Court House,
LaPlata. Maryland, until 11:OO
O'Clock am, Eastern Standard
1860, for the purchase Of $500
900 90 aggregate par value serial
maturity general obligation cou-
pom bonds Of said County Com
miSsioners Of Charles County,
dated April i. 1860. and al bear
ing interest payable semi-Annual-
ly on the LIST days Of April and
october in each year until the
maturity thereof. The bids will
be opened in said ofhces imme-
diately after said time and the
sward will be made in said ofAceS
on the same day: The bonds will
each and will mature in numeri-
cal order in each year on April
as follows: $4,000 in each OF
the years 1891 to 1870. inclusive;
$50, 900 in each Of the years 1871
to 1875, inclusive: and will bear
interest at such rate or rates not
exceeding AZ per annum as are
specified IN the successful bid.
Both the principal Of and inter-
est on the bonds will be payable
- the principal once Of Merean-
tiles Deposit and Trust Com
pam Baltimore. Maryland, in
United states Of America which,
at the respective dates Of pay
ment thereof, is legal tender for
the payment Of public and pri-
vate debts. The bonds win be
issued subject TO registration as
tn principal only by said Mercan-
tile-Safe Deposit and Trust Com
pany as REGISTRAR. None Of the
bonds may be redeemed prior to
maturity, The proceeds Of the
bonds will be used to purchase
property and erect thereon addi-
tional hospital facilities in Charles
present hospital site. Bidders are
requested to name the interest
rate or rates to be borne by the
bonds. not exceeding az per an
mum, in multipies Of 18th or
1i10th Of 1qe, and each bidder
must .peeify in his bid the inter-
est rate for the bonds Of each
maturity. Bidders may specify
more than one interest rate to be
borne by the bonds, but may not
specify more than one interest
rate for the bonds Of any one
maturity. The bonds win be
Fdad "a eha ktAAar aRartAS e.
purchase the bonds at the lowest
interest cost to the County, such
cost to be determined by deduct
ing the total amount OF the pre-
MUM paid, II any, from the
aggregate amount Of interest upon
all Of the bonds until their re-
spective maturities. No bid Of less
than par and accrued interest to
the date Of delivery will be enter
tanned. No bid for less than all
OF the S400,O00.00 OF bonds now
offered will be accepted. II two
or more responsible bidders have
highest ct the lowest interest cost |
then such bonds may be awarded |
in ratable proportion among
such responsible bidders, but III
this should prove unacceptable,
the County Commissioner OF
Charles County may determ. le To-
which Of said bidders said ''onds |
will be awarded. Bids mus be
for cash upon delivery. and must
be enclosed in q sealed envelope,
addressed TO the County Commits |
slon-rs Of Charles County, and
there must be indicated on the
GHtsfs Of ne saysloOe Ronss id foT
Charles County Of 196O".-Each
bid must be accompanied by oil
certified check upon. or treasurer's
or cashiers check Of, q respon-
sible banking institution, drawn
to the order of the Treasurer Of
Charles County, Maryland. In the
amount Of $4,000, as q guaran-
tee Of good faith. to be forfeited
as liQuidated damages by the sue
eessful bidder should he fail to
take up and pay for the bonds
y when ready Cheeks Cheeks deposited BY
turned to them when the bonds
bidder. No interest will be al
lowed on the amount OF the above |
required deposit. The bonds will
be issued pursuant to the author |
ity Of Chapter Sl3 OF the Laws OF !
1857 Of Maryland, and pursuant TO |
the initial resolution Of the Board
Of County Commissioners Of Charles
County and q final resolution OF
said Board awarding the bonds
and fixing the rate or rates Of
interest: No conditional bid viii
&c waived by the bidder to the
satisfaction OF the Board OF conn-
ty Commissioners Of Charles
County before opening Of the
bids. A bid conditioned upon
approval Of the bidder or OF
counsel, whether named or un-
named. will be regarded as q con-
ditional bid. The full faith and
credit Of the County Commits |
sioners Of Charles County has
been irrevocably pledged to the
payment Of the principal Of and
the interest on said bonds. The
vaiorem taxes upon ali property
subject to assessment for un-
limited taxation within the Coun-
ty sufficient In rate and amount |
to nav the principal OF and the
interest on the bonds as they re-
spectively become due and pay
abe. Under existing Law. these
bonds are exempt from State,
County and Municipal taxation in
The State Of Maryland. and in
the opinion of Bond Counsel, on
the basis OF existing legislation.
teSe.s thsre ono VIII 1inf 5: ' ss.mpt
from Federal income taxes. The
bonds will be delivered to the
time after the sale thereof. At
the once OF the County Commits
sioners Of Charles County. La
Plata, Maryland, or at any in
corporated bank or trust COM
pany in the City Of Baltimore.
Maryland, without expense to the
purchaser; II the. purchaser shall
specify any other place Of deliv-
cry, such delivery will be made
The County Commissioners Of
to reject any and all bids. The
legality Ct this issue will be APP
proved by Messrs. Piper & Mar
bury. Baltimore, Maryland, Bond
Counsel and Louis p. jenkins,
ESQUIRE, Counsel to the County
Commissioners OF Charles County.
LaPlata, Maryland, and the APP
proving legal opinion Of said
attorneys, accompanied by the
usual closing papers. will be de-
liyered TO the purchaser without
concerning the finances Of Charles
data will be furnished Upon re-
quest By NJ. C. Blackmon. Clerk |
to the Board OF County Commits
sioners Of Charles County, Court
House. LaPlata, Maryland. JOHN
L. SULLIVAN, Chairman: W. Ed
WARD BERRY. JOHN 8. COOK.
SEY. County Commissioners OF
Charles County. mh9.11
WASHINGTON SUBURBAN SAM
TARY COMMISSION, CONTRACT
NO 9589-W&S. WATER MAIN
AND SEWER CONSTRUCTION
Sealed proposals for constructing
in Evelyn Drive, Wilmart Street
and Mark lane In Montrose and
Montrose Road to Rockville Pike,
MONTGOMERY County, Maryland,
approximately 800 feet Of 3-inch,
800 feet II 6-inch and 1880
feet of 6-inch and 1910 feet Of
S-inch plain concrete or yitrified
pipe sewers and a,O3O feet Of
sewer house connections, will be
received at the once Of the Sec
rotary OF the Washinston Sub
urban Sanitary Commission. 4017I
Hamilton Street, Hyattsville, Mary
land. until Monday, March 81,
1850, at / PM, Eastern Stand
ard Time, at which place and
time they will be publicly opened
and read. Plans and speciflca-
tons for this contract may be-
obtained from the once Of the
Chief Engineer Of the Commits