OCR Text |
Show CENTRAL TRUST CO BUYS BINGHAM TOWN BONDS The Central Trust company announces the purchase of an issue of $22,000 refunding bonds of the town of Bingham. The issue was sold to obtain funds to retire an old issue of bonds, a substantial saving being made to the town in its interest charges, since the previous issue bore interest at the rate of 6 per cent, while the new bonds bear 5 to per cent. The issue, which will be offered to the public in the near future, will mature $1,000 in 1927, $1,000 in 1928 and $2,000 in each of the years 1929 to 1938, inclusive. Mr. W. S. Evans the representative repre-sentative of the above company who successfully arranged for these bonds is receiving the congratulations con-gratulations of his friends as the bonds are eargerly sought after by bonding companies throughout the country. |