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purchase of street and fire equipment. All of said certificates of indebtedness will be dated January 2, 1953, and will be in the denomination of $1,000.00 each and will bear intereat at the rate or rates integral multiples of i of 1/10 of 1% designated by the successfUl bidder, payable January 2, 1954 and semi-annually thereafter on July 1st and January 2nd of each ye ar. All of said certificates of indebtedness shall be without option of prior payment, principal, and interest will be made payable at any suitable bank or trust company designated by the succeccsful bidder. Said certificates of indebtedness shall mature serially on January 2nd in the years and am unts as follows: $ 5,000.00 in the years 1954, 1955, and 1956, 10,000.00 in the year 1957 13,000.00 in the year 1958 The village will furnish printed certificates of indebtedness and the unqualified appro~ legal opinion of Messrs. Briegs, Gilbert, Morton, Kyle, and McCartney of' Saint Paul, Minnesota, both without cost to the purchaser. All bids must be in writing enclosed in a sealed envelope, be unconditional except as to legality which may be conditioDedupon the above described opinion. All bids must be for the entire issue. Bids will be preferred according to the lowest net interest cost for the principal sum of $38,000.00. Sealed bids marked Bid for $38,00.00 Fire and Street Equipment Certificate of Indebtedness," may be mailed or otherwise delivered to the undersigned and must be received by him prior to the time of said meeting. Bids must be accompanied by a cashier's or certified check or band draft in the amount of $760.00, payable to the order of the Village, to be forfeited as liquidated damages in case the 1 id is accepted and the bidder shall fail to comply therewith. The certific'1tes of indebtedness will be delive~ed without cost to the purchaser at Saint Paul, Minnesota, or Minneapolis, l'1innesota, wIlthin forty-five days after date of sale. No oral bid and no bid of less than par and accrued interest will be eonsidered and the village reservesfue right to reject any and all bids to waive any tnformality in any bid. Mayor Attest: Clerk