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JUNE 9, ,191l~ .....
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<br />gmmeil Oh~bers, E~gene, Oregon, June 9, 191%.
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<br /> Council met_at W o'elo'ck P. M. pursuant to adJourEuent of June 8th, and
<br />was~ called to orde~ by. liayor Yoran. Present Councilmen Hempy, Bell, Devereaux,
<br />Beytien and Goodpast~u~e; .ab~sent Johnson, HcLiurp~ley ,and Bog~e.
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<br /> The Finance Committee by Ct~airman Devereaux reported that they had ex~ned
<br />tt~e bids fo~ the pure_base o~ ~,000.00 Armory Bo~s, and recommended that the
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<br />bid of R. H. Ora~ &iCc. be accepted.
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<br />Ifv. R. S. B~yson, gity Recorder,
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<br />Said bid being as follows:
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<br /> ~Chicago, Illinois,
<br /> June 3, 1 9 1W .
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<br />Eugene, Oregon.
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<br />Dea~ Si~-: .
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<br /> I,'or the lh~tent¥-~ive ~l~ousand Dollars ($25,000) legally issued
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<br />AR.~O[~ BONDS, of tile 0ttM off Ek~gene, Oregon, offered fo~ sale on June
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<br />1911;, said bonds to bear date of July 1st, 191t~, and to beoo:ae due and payable
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<br />July 1st, .1921~, without option of PriOr payment, to bea~ interest at tt~e rate
<br />of Five per cent (5~) pe~ annun,, payable semi-annually, if possible; otherwise,
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<br />amuually, both principal and interest to bemade payable in gold coin in
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<br />New York 0ity, denomination of one ~ousand Dollars each, we will pay you
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<br />For the bonds delivered to us in Chicago or New York, pa~, accrued interest
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<br />to day oF delivery, a~xd a prenittm of
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<br />~F~¥EI~i~' DOI~bARS
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<br />This bid is subJec~'to the legality and regularity of the issue
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<br />being approved by our attorneys, you agreeing to fk~nish certified copies
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<br />of all.pape~s~ictl may be necessary in thei~ opinion to establish said'
<br />legality and regularity.
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<br /> You fk!.~ti~er agree to pass s~kV reasonable resolutions which
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<br />be necessa~'y in order to complete the record of proceedings.
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<br /> We :encloSe her~vith our certified check for ~ive ~Hundred Dollars
<br />($500.) payable to the orde~ of City of Eugene, wi~ich is to be held by you
<br />pending compliance With the conditions o~ this bid, anti.only to be used in
<br />pa~t paymen~ Fo~ the above bonds when approved and delivered to us; oti~erwise,
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<br />to be i~-~ediately ~eturned.
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<br />Yours truly,
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<br /> R, M. GRANT & 00.
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