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JANUARY 12, 1911~. :.. Ree0rder be authorized to si~-~.n the contract in behalf o£ the City. seconded and carried. }~{ot i on Bids for the purchase of ti~ee issues of City of E~ene Improv~.~ent Bonds were opened ~nd read, and Cotmcil~nan Bean moved that tiie Council now finds determines tt~t the bids of the Lumbermens Trust & Savi~s B~nk of Portland, Oregon, which bids are as follows: For 6~ I~nprove~ent Bonds of the City of k\w~ene issued under the Bmteroft Act, dated February 1, 1911~, in denomin~tion of ~500. each, excepting one bond for ti~e odd m~ount of the series, due In ten years and optional after one, with interest pay~ble se:ni-mmumlly, we will offer 100.-/6 and accrued interest to d.'_~te of delivery for The above bid is ]:~ade subject to the approval of our attorneys as to ~the legality of the issue, we to be furnished with a certified transcript of all prooeedir~;<s in ti~e event our bid is accepted. As a _glmrantee of good f~itiz we enclose herewiti~ ~ashier's check for $168 pending delivery of tize bonds if our bid is accepted, otherwise to be returned i~m~.edi~t ely. ~ ~¥ill you kindly ~<ive us n~es of the bidders and the ~o~mt of tizeir bids. Yours very t~ly, H. 4. Boyd, \ Assistant 0ashier. ~' For 6~ I.~nprovement Bonds of the City of kk~gene issued under the Banes-oft Act, dated February l, 1911.,~, in denomination of ,~500. each, excepting one bond for the odd ~o~u~t of the series, due in ten years ~d optional after one, with interest payable se~i-mmu~lly, we will offer 100.76 ~nd accrued i~erest to date of delivery for $17,~0. The above bid is made subject to the approvml of our ~ttorneys as to legality of the issue, we to be furnished with a certified transcript of ~ll proceedings in tt~e event, our bid is accepte~i. As a f~uarantee of good f~ith we enclose herewith Ce~shier's check for $3[~8. pending' delivery of ti~e bonds if our bid is ao(~.epted, otherwise to be 'returned Yours very truly, H. D. Boyd, Assistant Cashier.