Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1963-01-03
Legal Advertisement

| Legal Advertisement
$15,74o,OOO
MONTGOMERY COUNTY,
MARYLAND
General Obligation Bonds
$12,100,OO0 SCHOOL BONDS,
SERIES o
$3,500,000 GENERAL
IMPROVEMENT BONDS,
SERIES
$4,000 ROCKVILLE
FIRE AREA BONDS
SEALED BIDS will be re.
ceived by the County Council
for Montgomery County, Mary.
land, at the County Office
Building 9th floor in Rock
vile, Maryland, until
11:O0 O'CLOCK Am. (E.S.T.) on
TUESDAY, JANUARY Is, 1858
at which time said bids will be
opened for the purchase of the
above bonds, being three sep
arate series, all dated February
1, 1868, all maturing on Febru.
airy l in the years and amounts
below stated, and all bearing
interest payable seni-annually
on the first days of August and
February until maturity, divid-
ed as follows:
$12,1OO,OOO SCHOOL BONDS,
SERIES o
These bonds are issued under
the provisions of Chapter 9,
Laws of Montgomery County
(1955), Chapter 8, Laws of
Montgomery County (1960) and
Chapter 4, Laws of Montgom.
cry County q96D, and mature
in the principal amount of
$485, 900 in each of the years
1864 to 1885, inclusive, $3.50, 1000
in each of the years 1886 and
1887, and $4,000 in the year
1888. The proceeds of the sale
of these bonds will be used for
the purpose of financing school
improvements in the County.
$S,5OO,OOO GENERAL
IMPROVEMENT BONDS,
SERIES 1
These bonds are issued under
the provisions of Chapter 8 of
the Laws of Montgomery Coun-
ty (1955), Chapter 5 of the
Laws of Montgomery County
(1958), Chapter 10 of the Laws
of Montgomery County 1850,
Chapter II of the Laws of Mont
gomery County (1960) and
Chapter 3 of the Laws of
Montgomery County 1882,
and mature in the principal
amount of $4,000 in each of
the years 1864 to 1888, inclusive.
The proceeds of the sale of
these bonds will be used for the
purpose of financing the con-
struction of road improve
ments, public buildings and an
incinerator in the County.
$4,000 ROCKVILLE
FIRE AREA BONDS
These bonds are issued under
the provisions of Chapter 9,
Laws of Montgomery County
(1955) and Chapter II, Laws of
Montgomery County 1882, and
mature in the principal amount
of $1,000 in each of the years
1864 to 1885, inclusive, and
$4,000 in each of the years
1886 to 1888, inclusive. The pro-
ceedS of the sale of these bonds
will be used for the purpose of
financing certain fire-fighting
facility Improvements in the
Rockville Fire Area in the
County.
The principal and interest of
these bonds will be payable in
lawful money of the United
States of America at the time
of payment at the principal
trust office in the Borough of
Manhattan, City and State of
New York, of The Chase Man.
haitian Bank, or, at the option of
the holder, at the banking Of
flee of Suburban Trust Com
pany at Silver Spring, Mary
land.
The bonds will be issued in
coupon form in the denomina-
ton of $1,000 each; provided,
however, that the successful
bidder for the bonds may speci-
fly, in a designation delivered to
the Director of Finance at or
prior to HOO O'Clock Am.
(E.S.T) on January 16, 1868,
that the principal amounts of
all of the bonds shall be of the
denomination of $1,000 each. In
the event of timely receipt of
such designation from the sue
cessful bidder, all of the above
decribed bonds will be of the
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