The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-04-04
Sale Of Bonds

Sealed proposals will be received
at the office of the auditor of the
/, city Of Marion, Ohio, until ~
O'Clock noon, Wednesday, April 20,
1908, for the purchase of three is
sues OF bonds of the said city. The
bonds are described as follows:
One issue in the sum of 81 900 to
pay the cost and expense OF con-
structing a ditch from the Marion
cemetery to the Vine Street storm
water ditch. These bonds shall be
dated November /, 1907 and shall be
OF the denomination of $500. NThey
shall be numbered from one to four
consecutively, and shall mature as
follows: One bond March 1, 1910.
one March /, 1911, one March /, 1912.
and one March /, 1918. They shall
bear interest at the rate of four
per cent per annum, payable semi
annually These bonds are issued un-
der authority of an act OF the GEN
eral Assembly of Ohio, entitled IAN
act TO amend Section 1885. 1886 and
2S37 and 60 repeal 2S37A of the Re-
Vised Statutes, passed April 30, 1902,
and all amendments thereto, and in
accordance with resolution OF the
city council Of Marion, Ohio, passed
September lG, 1907. Each bid must
be accompanied by certified check
of 500 as a guarantee OF good faith
and must be marked IBID for sewer
bonds"
J An issue of $3.50 TO pay the city's
portion of the cost Of certain street
improvements. These bonds shall be
dated May /, 1908. and shall be OF
the denomination of $3.50. They shall
be numbered from one to five and
shall mature as follows: One bond
September 1, 1908, one March /.
1909, one September /, 1909, one
March ], 1910, and one September l.
1910. They shall bear interest at
the rate OF four per cent. per an
mum, payable seml-annually. These
bonds are issued under the author
ity of an act of the General AS
sembly of Ohio, cited above, and in
accordance with a resolution of the
city council passed March 2, 1908.
Each bid must be accompanied by n
certified check for 500 and must be
marked, bid for Citys Portion
Bonds"
One issue for $4,000 to take I'D
notes held against the city of Ma
rion for various street improvements.
These bonds shall be dated March /,
1908, and shall be of the denomina-
ton OF $500, They shall mature as
follows: Three bonds September |.
Il9OS, three bonds March /, 1909, three
bonds September 1, 1909, three bonds
March |, 1910, four bonds September
|, 1910, four bonds March /, 1911.
four September /. 1911, four March
u, 1912, five September /, 1912, five
March /, 1913, two September |, 1913.
two March |, 1914, one September /,
1914, and one bond on March | and
September ] OF each year from 1915
TO 1917 both inclusive. They shall
bear interest at the rate of four per
cent. per annum, payable seml-annu-
ally, These bonds are issued under
authority of Section 90, Ohio Munici-
pal Code, and in accordance with an
ordinance of the city council of Ma
ritn, Ohio, passed March 16, 1908.
Each bid must be accompanied by a
certified check for $1,000 and must be
marked, fBid for refundlng bonds ("
Each issue viii be sold to the high
est and best bidder for not less than
par and accrued interest. All bonds
and interest are payable at the office
OF the city treasurer Marion. Ohio.
Marion Ohio, March 2S. 1908. ~
HARRY s ELIIOTT,
S-2s-4tsat City Auditor.
Ne-> ~A