| OCR Text |
Show NOTICE OF SALE OF BONDS BY the town of Bingham Canyon. Utah Notice Is hereby given that the town of Hlngham Canvon Utah, proposes to issue and sell bonds of the face value of ten thousand dollars ($10,000) to establish a water system for said town, and that bids therefor are asked Said bonds shall bear Interest at a rate not to exceed six (6) per cent, per annum. Which interest shall be payable seml-an-nuallv, said bonds shall become due and payable at the end of ten (10) years from the date of Issue, with the option reserved re-served to the town to pav or refund tho same at any time after the expiration of ttve (5) years after tho date of Issue, and shall be of such denomination or denominations de-nominations as the town boarel of trustees trus-tees may hereafter determine and the not iryonuo fr- tn said water system, or so much thereof ax may be necessary shall be set apart for and shall be a sinking fund for the payment of ald bonds and interest thereon. Bach and every bid upon said bonds shall be accompanied by a duly certified check or draft In the sum of live hundred dollars ($500) payable to the treasurer of said town of Bingham Canyon, as a guaranteo of good faUh on the part of the bidder and to reimburse said town for Its loss and expense in this behalf In case the bidder should not perform his bid after acceptance thereof by the town All bids shall be well sealed and shall be placed In the hnnds of tho town clerk of Bingham Canyon on or before 7 30 o'clock p m., on the 22nd day of May. 1906, anel tho same shall be opened at said hour. No bids for less than the face 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 toyvn. Dated May 8, 1905. A V ANDERSON President of Said Town. FRANCIS v Ql inn (Qeal ) Clerk of Said Town |
