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<br />NOTICE OF SALE OF' BONDS <br /> <br />pursua.nt to a resolution of the Oounoil of the City of Red- <br />wood City, in the Oounty of Sa.n Ma.teo, state of California, passed <br />and adopted on the 19th day of May, 1930, not1oe is hereby given <br />that said Oounoil w111 sell a.t priva.te sale, a.t the meeting room <br />of said Oounoil in the City Hall of sa.id City, a.t the hour of 8:00 <br />'o'olook P.M. of tha 2nd. da.y of June, 1930" to the highest b1dder, <br />at not loss than tho1r par value, -for gold ooin of the United state. <br />of Amerioa, the Munioipal Improvement Bonds of 1930, of said Oity, <br />dated. May lsth~ 1930, in the amount of F1fiy-f'1ve Thou.sand. ($55,000) <br />Dollars, being the whole of the bond$ of said Oity authorized to be <br />issued for oertain munic1pal improvements at a. epeoiaJ. eleotion held. <br />in said 01 t y on the 14th day of April. 1930. <br />There are eighty bonds, forty of said bonds being of tho <br />denom1na:t1on Of' G 1,000.00 eaoh., twenty of sa1d. bonds being of the <br />denomination of $500.00 eaOh, and twenty of sald bondsbelng of <br />the denoraina;t1onot $ 250.00 eaoh. prinoipal and interest of sa.id <br />bondS is pa.yablo ln gold oo1n of the United states of Amer1o&j sa.id <br />bonds are da.ted the 19th day of May, 1930, and bear interest at the <br />rate of f1ve and one-half (5"%) per oent per a.nnum, interest pa.ya.ble <br />semi-annuall y on the 19th da.y of May and the 19th day of November <br />of eaoh yeu on preeenta:t1on of the pl'opor ooupons at the City <br />~rea.sury of said 01ty. Said bonds are negotiabl.e in form, and one- <br />twentieth part of the pr1no1pal, being ",wo $1,000.00 bondS, one $500.00 <br />bond, and one $ 250.00 bond, mature eaoh and every year. beg1n~1ng <br />on the 19th day of Hay, lS31. until the entire issue of said bonds <br />1s matu:t'ed. The pr1Xlo1palla pe.yable at the same plaoe as the <br />interest. <br />Said "bonds are 1ssued by the Counoil of the 01 ty of Redwood <br />Oity in a.ooordanoe with the provisions and by the a.uthority of an <br />Aot of the Legislature of the state of California entitled · An Aot <br /> <br />1. <br />