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144
<br />BIDDER
<br />INTEREST RATE
<br />AMOUNT
<br />CHASE NATIONAL
<br />BANK – SUCCESSFUL
<br />BIDDER
<br />LETTER RE:
<br />PURCHASE OF BONDS
<br />CHASE NATIONAL BANK
<br />—' - o s -
<br />TRUST COMPANY OF GEORGIA
<br />COURTS CO.
<br />BRANCH, CABELL & CO.
<br />BANKERS TRUST COMPANY,
<br />NEW YORK, N. Y.
<br />SALOMON BROS. L HUTZLER,
<br />NEW YORK, N. Y.
<br />SCOTT & STRINGFELLOW
<br />R i CH MO ND, VA.
<br />INTEREST RATE
<br />FIRST FIVE MAT. 4%
<br />NEXT FIFTEEN MAT. 1�b
<br />FIRST FIVE MAT. 4.750
<br />NEXT FIFTEEN MAT. 1.40%
<br />THE CHASE NATIONAL BANK FIRST FIVE MAT. 5%
<br />THE CITY OF NEW YORK, N.Y. NEXT FIFTEEN MAT. 1.25%
<br />SCOTT, HORNER AND MASON, I NC. F 1 RST FIVE MAT. 5,
<br />SHIELDS AND COMPANY NEXT FIFTEEN MAT. leo
<br />COFFIN AND BURR, INC.
<br />THE FIRST BOSTON CORP. FIRST FIVE MAT. 5c"
<br />THE PEOPLES NATIONAL BANK NEXT FIFTEEN MAT. 1jo
<br />OF CHARLOTTESVILLE
<br />STRADER, TAYLOR L CO., INC.
<br />GOLDMAN, SACHS & CO.
<br />STROUD & COMPANY, INC.
<br />CROUSE & COMPANY
<br />GOODWYN &- OLDS
<br />HALSEY, STUART & CO., INC.
<br />FIRST OF to I CH I GAN CORP.
<br />W. H. MORTON & CO. , INC.
<br />FIRST FIVE MAT. 5%
<br />NEXT FIFTEEN MAT. 1.50%
<br />1. 60*
<br />HARRIS TRUST AND SAVGINS BANK 1.70*
<br />KIDDER PEABODY & COMPANY
<br />'X' BID ON ENTIRE ISSUE
<br />$651,091. 35
<br />653,914.95
<br />650,13 6. 50
<br />660, 679.50
<br />6579416.50 ,
<br />654,201.50
<br />652, 645.50
<br />655,323.50
<br />AFTER CONSIDERATION OF SAID BIDS IT 'V'JAS DETERMINED THAT THE
<br />BID OF THE CHASE NATIONAL BANK OF THE CITY OF NEW YORK, AS LISTED
<br />BELOW WAS THE HIGHEST BID RECEIVED. A MOTION BY MR, HAMMY SECONDED
<br />BY MR. HA'DEN, THAT THIS BID BE ACCEPTED SUBJECT TO CONFIRMATION BY
<br />THE.000NCIL, WAS UNANIMOUSLY ADOPTED.
<br />APRIL 20, 1949
<br />THE F I NANCE COMMA TTEE OF THE
<br />CITY OF CHARLOTTESVILLE
<br />CHARLOTTESVILLE, VIRGINIA
<br />DEAR SIRS:
<br />FOR THE 650,000.00 CITY OF CHARLOTTESVILLE, VIRGINIA,
<br />WATER IMPROVEMENT BONDS SERIES OF 1949 DESCRIBED IN THE
<br />ATTACHED NOTICE OF BOND SALE, WHICH IS HEREBY MADE A PART
<br />OF THE o1D, WE SUBMIT THE FOLLOWING OFFER:
<br />FOR THE FIRST FIVE MATURITIES (41509000.00) BEARING
<br />INTEREST AT THE RATE OF FIVE 5%) PERCENT PER ANNUM AND THE
<br />REMAINING FIFTEEN MATURITIES $500,000.00) SEARING INTEREST AT
<br />THE RATE OF 1.25% PER ANNUM.
<br />AVE WILL PAY Six HUNDRED F 1 FTY THOUSAND ONE HUNDRED THIRTY–
<br />SIX
<br />H1RTY–
<br />SIX DOLLARS AND FIFTY CENTS, (,6,16509136.50), PLUS ACCRUED
<br />INTEREST FROM THE DATE OF THE BONDS TO THE DATE OF DELIVERY.
<br />WE ENCLOSE HEREWITH A DULY CERTIFIED OR CASHIER'S CHECK
<br />PAYABLE TO THE ORDER OF THE CITY TREASURER, CHARLOTTESVILLE,
<br />VIRGINIA, IN THE AMOUNT OF TWO �2%) PER CENTUM OF THE FACE
<br />AMOUNT OF THE SAID BONDS (VIZ: w13,000.00) WHICH CHECK IS TO
<br />BE RETURNED TO US IF THIS BID IS NOT ACCEPTED, OTHERWISE TO BE
<br />DEPOSITED BY SAID CITY TREASURER AND, WHEN THE BONDS ARE
<br />DELIVERED AND PAID FOR UNDER THE TERMS OF THIS BID, TO BE
<br />CONSIDERED AS PART PAYMENT THEREFOR, OR TO BE RETAINED AS AND FOR
<br />LIQUIDATED DAMAGES -IN CASE WE FAIL TO TAKE UP AND PAY FOR THE
<br />BONDS.
<br />(SIGNED) THE CHASE NATIONAL BANK
<br />TIRE C I TY OF NE WN YORK,
<br />NEW YORK, N', Y.
<br />BY: THE PEOPLES NAT,ioNAL BANK
<br />OF CHARLOTTESVILLE
<br />CHAR OTTESVILLE. VIRGINIA
<br />BY: R. S. ADAMS,; _OR.
<br />As-SISTANT CASHIER
<br />ON MOTION THE MEETING ADJOURNED.
<br />Al. M1. PENCE ,(S,lQ N E D�_ H. A. HADEN _(„SIGNED)
<br />SECRETARY CHAIRMAN
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