Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-01-27
NoTIcT OF SALE OF BONDS.

Sealed proposals will be received at
the Office of the clerk of the incorpor-
ated Village of Perrysburg, State of
Ohio, until IL o'clock noon. Standard
Time, of Wednesday, March 1st, 1905.
Tor the purchase of bonds of said vii
large, in the aggregate sum of five
thousand, two hundred and ninety
three dollars and sixty four cents
($5293.6D. Said bonds shall be num-
bered from l to inclusive. Said
bonds from number l to 4 inclusive
shall be in denominations of one
thousand dollars ($1000.00) each, and
number of said bonds shall be in
the denomination of one thousand,
two hundred and ninety-three dollars
and sixty-tour cents ($1293.64) Said
bonds shall be dated March lst 1905,
and shall run for a period of fifteen
(15) years; and be made payable at
the Fourth National Bank in the City
| OF New York, state of New York, with
interest from the date thereof, at the
rate of five (5) per cent per annum
payable semi-annually, on the first
| day of September and March of each
! year, at the same place, issued for
| the purpose of paying said village S
| share of the cost and expense of grad
, ing, draining, curbing and macadamiZ-
| ing Front street from the East line OF
Hickory street to the West line OF
| West Boundary street, and under and
| by authority conferred by Section SO
! of an act of the General Assembly of
the State of Ohio. entitled can act to
| provide for the organization of cities
apd incorporated villages and to re-
strict their powers of taxation, as
| sessment, borrowing money, contract
ing debts, and loaning their credit so
as to prevent the abuse of such pow
ers, as required by the statutes of
Ohio, and to repeal all sections of the
Revised Statutes inconsistent here
with" passed October 22d, 1902, and
under and in accordance with GER
| tain ordinance of said Village entitled
"An ordinance to provide for the issue
of general street improvement bonds
of the incorporated village of Perrys'
burg, Ohio, to pay said corporation 3
part of the cost and expense of grad
ing, draining, curbing and macadamiz
ing Front street from the East line
of Hickory street to the West line OF
y
| er 18th, 1904.
Said bonds will be sold to the high
est and best bidder for not less than
par and accrued interest.
All bidders will be required to state
in addition to par and accrued inter
est, such premium as they may offer
the amount of said premium to be
specified plainly in writing. They will
oil I. b t,ytf a,
bid an amount of money or certified
check drawn without condition as to
payment" on the Citizens Banking
Company, of Perrysburg, Ohio, pay
able to the Treasurer of said village
equal to at least five (5) per cent OF
the par value of the bonds. as a guar
antee of good faith. and that If the
bid is accepted the bidder will re
ceive and pay for such bonds as may
be issued as above set forth within
ten (10) days from the time of such
award. No bid will be considered il
not accompanied by money or check
as aforesaid. When the bids have
been examined and the award made
according to law, all moneys or checks
deposited as guaranty shall be return
ed to the depositors, except that o.
the successful bidder which shall bt
considered and accepted as part pay
ment for the bonds SO awarded OF
sold; and said guaranty shall accord
ingly be Immediately paid into the
treasury of the Village of Perrysburt
by the Clerk; and should there bl
any reputation of the contract OF
agreement, or refusal to accept or pa,
for the bonds so sold. then in tina
ase the deposit shall be forfeited t.
the village of Perrysburg and shall
become the property of the said Vii
lage of Perrysburg in compensation
or the loss and expense attending tn,
sale of said bonds, not by way of pen
atty, but as damages for the repudia
ton of the bid
The Council of the incorporated VII
lage of Perrysburg reserves the righ
to reject any and all bids.
Bids should be sealed and endorsed
Bids for $....... General Stree
Improvement Bonds"
T nj ITR NEV