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Show NOTICE OF SALE OF BONDS BY ihc town of Bingham Canyon, 1 tab Nntlco is hcrohy jjlv-ii Hint 111" town of Bingii uii Canyon, rtah, proposes to Issue and sell bonds of th- face value of t-n thousand dollars (flO.OOO) lo establish a water .-'stom for said town, and that bids therofor ar asked Said bonds shall boar Interest nt a rate not to exceed six ifii per cent, per annum, which Interest shall be payable semi-annually, said bonds Hhall become due and payable at tho end of ten iioi years from ' the date, of issue, with the option re- served to tho town to pay or refund the same at nny time after the expiration ..r flv.' (5) years after the date Of Issue, and shall be of such denomination or de- I nominations as the town hoard of trustees trus-tees may hereafter determine, and the net revenue, from said water system, or so much thereof ns may be necessary, shall be set apart for and shall be a slnklnc fund for the payment of aid bonds and Inter. -st thereon. Each and every bid upon said bonds shall be arrompanled hy a duly certified Check or draft In the sum of flve hundred j dollars ($.VK). payable to the treasurer of said town of Bingham Canyon, as a guarantee of good faith on the part of tin- l.ldd'-r and to reimburse (,,v.r-. for Us loss and expense In this behalf In case tho bidder should not perform his bid after acceptance thereof by tbr town ! All bids shall ho well se;ilerl and shall be placed In th hands of the town clerk of Bingham Canyon on or before 7 ;Jfj o'clock p m . on the 22nd day of May 1903, and the same shall be opened at said hour No hlds for less than the fare value of said bonds will be considered. The town of Bingham Canyon reserves the right to reject any and all bids and to accept any bid advantageous to the town Dated Mav 8, 1905. A. V AN'DKRSON, President of Said Town. FRANCIS W. QUINN, (Seal ) Clerk of Said Town. |
