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City of Decatur to Sell $1,050,000 Gas Revenue Bonds
Public auction set for September 15 1950 at city hall at 2 PM CST for 1 050 000 principal amount of First Mortgage Natural Gas Revenue Bonds dated September 1 1950. Bonds priced to yield lowest interest cost not exceeding 4 percent with semiannual interest and redemption options after 1955. bidders must deposit 21000 as earnest money. Bonds secured by gas system revenues and first mortgage. optional parity bonds up to 450 000 may be issued for extensions. Delivery after sale in bankable funds with opinion of Birmingham firm. zoning amendments and public notices follow.
MENTIONED IN THIS ARTICLE
Department of Finance
State of
Alabama
Decatur
New York City
Orieson
Messrs
White, Bradley, Arant & All
Birmingham
City of
West Vine Street
Block 163
Washington Street
Block 1
King Estate Addition
Block 20
Courtland Road
Sth Street
4Th Avenue East