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Section 1. That the interest rates to be paid <br />on said $1,500,000.00 of bonds are hereby fixed and <br />determined as follows: bonds numbered i to 300, inclusive, <br />shall bear interest at the rate of two per cent (2~) per <br />annum, payable semiannually; bonds numbered 301 to 1500, <br />inclusive, shall bear interest at the rate of one and one- <br />quarter per cent (1-1/4~) per annum, payable semiannually. <br /> <br /> Section 2. That the bid of Halsey, Stuart & Co., <br />Inc., First National Bank of Chicago, Braun, Bosworth & <br />Co., Incorporated, C. F. Childs and Company, incorporated, <br />The Milwaukee Company, and Thomas Kemp & Company for said <br />$1,500,000 of bonds, bearing interest at the rates above <br />stated, be and the eame is hereby accepted and said bonds <br />are hereby awarded and sold to Halsey, Stuart & Co., Inc., <br />First National Bank of Chicago, Braun, Bosworth & Co., <br />Incorporated, C. F. Childs and Company, Incorporated, <br /> <br />The Milwaukee Company, and Thomas Kemp & Company in accordance <br />with the terms of said bid, at the price of par, accrued <br />interest to date of delivery, and a premium of $81V.50, and <br />the Treasurer of the C[.ty of Santa Aha is hereby authorized <br /> <br />and directed to deliver said bonds to said purchasers <br />the payment of said purchase price. <br /> <br /> ADOPTED, SIGNED AND APPROVED this 20th day of <br /> <br />~iay, 1946. <br /> <br />ATTEST: <br />Cler~e Cit'y of <br />Santa Aha, California. <br /> <br />upon <br /> <br />May-or ah~estdent of the Board" <br />of Truste~'s and City Council of <br />the City of Santa Aha, Cal~fornia. <br /> <br /> <br />