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Bids
<br />
<br />· % Oernsey
<br />
<br />W. ~tle St
<br />
<br />sold April 16, 1~25 at ?:50 p.m.; we bid PA~, accrue.d intellect
<br />to the date of ~eliver~, and a prendum thereover of $?50 t.
<br />
<br /> Enoloe6d is ou~ Cashier's check for $5,500, as evidence
<br />of good faith, same to be retained on aonotmt of purchase
<br />prise in case this bid is accepted, or returned at once in
<br />case this bid is ~eJected.
<br />
<br /> This bid is made subject to immediate acceptance, and to
<br />the further conditien that you will fu~nishds with a certi-
<br />fied abst~et of the prooeedingsauthoriaing said bonds,
<br />satisfactorily evidencing their legality to our attolmeys.
<br />
<br />Respectfully submitted,
<br />
<br />(~ TIZENS NATIONAL BANK, LOS ANGELES, OAL,
<br />
<br />BF J. Burbaw
<br /> Assistant Cashier.
<br />
<br /> "For the $150,000 water workd bonds dated May let, 1923,
<br />denomination $1,000, maturin~ $6,000 each year May 1, 1924 to
<br />
<br />1948 both incluei~
<br />
<br /> For $25,000 Electric Fire Ala~ra
<br />1923, denomination $1,000, maturing
<br />1924-48.
<br />
<br />$~stem Bonds dated May 1
<br /> ,000 each year May 1,
<br />
<br /> For $1~,500 Bast Fire Engine House Bonds dated Ma~ 1,192;
<br />denomination $500, due $500 each, ~aY~l, 1924-48
<br />
<br /> For $12,500 West Fire. Engine House Bonds dated Ma~ 1,
<br />denomination $1,000, due $500 each year May 1, 1924-48
<br />
<br /> For $50,000 Street Work Bonds dated May 1,1925, denomi-
<br />nation $1,000, due $1,000 each yeap May 1, 1924-55
<br />
<br /> For $25,000 Fi~ Apparatus Bonda. dated. May ~0 1925,
<br />nation $1,000, due ~1,000 each year May 1, 19~4-88
<br />
<br />all of the above bonds bearing interest at the ~ate of 5%
<br />annum payable semi-annually May 1 and November 1, principal
<br />and interest i~21ble at the office of the T~easu~er, City of
<br />Santa Ana~ we will ~ay you $255,000, being the par value
<br />thereof plus accrued interest to the date of deliver.; and a
<br />premium of $350.00.
<br /> This bid is~ade for prompt acceptance and for p~ompt
<br />detivel~F of bonds, you agreeing to fulmieh us pr~or to
<br />deliver, certified papers satisfactorily evidencing to our
<br />attorneys the legalit~ of saidbonda,.and~that all taxable
<br />property in ~ou~ city is subject ~ the ~evFing of sufflcient
<br />taxes to pay ~aid bonds and the ink, at thereon when due.
<br />
<br /> As an evidmoe of good fait~, we attach he,ets, certified
<br />ohe~k fo~ $5~50.00 upon the underltanding that if said bonds
<br />are awarded and delivered, to ua in accordance with this bid,
<br />
<br />said cheek may be applied as part payment, otherwise, same to
<br />be promptlFreturned to u~.
<br />
<br />Respectfully submitted
<br />
<br />THE NATIONAL CITY'CONPANY
<br />
<br />~i~IPAL DEPARTMENT
<br />
<br />BF R. B. Hollouon"
<br />
<br />After due consideration the Board of T~ustees ~eJeeted all
<br />
<br />bids and authorized the Cler~ to ~etu~n the. certified oheok~
<br />
<br />accompanying each bid to the person entitled thereto.
<br />
<br />This being the time and place fixed for the opening of bids
<br />or proposals for the work ordered done and improvement o~de~-
<br />ed made upon and along portions of those certain public
<br />streets in the city of ~ta Ana co,only known as ~outh Gain-
<br />
<br />sey Street and West Myrtle Street, briefly described in
<br />Resolution of Intention No. 959and ox~lered done in Re
<br />
<br />No. 9V4; and the Be~d of T~ultees being duly convened in
<br />
<br />session proceeded to and did publicly open, exmine and de-
<br />
<br />
<br />
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