The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-03-28
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 $4,000 to
pay the cost and expense OF con-
structlng a ditch from the Marion
cemetery to the Vine Street storm
water ditch. These bonds shall be
dated November 1, 1907 and shall be
of the denomination of $500. They
shall be numbered from one to four
consecutiyely, and shall mature as
follows: One bond March /, 1910,
one March /, 1911, one March /, 1912,
and one March /, 1913 They shall
bear interest at the rate of four
per cent per annum, payable semi
ANNUALLY. Those bonds are issued un-
der authority Of an act of the Cen
Ieral Assembly of Ohio entitled IAN
act to amend Section 2S35, 1886 and
2S37 and 20 repeal 2S37A Of the Re-
vised Statutes passed April 20, 1902,
and all amendments thereto. and in
accordance with resolution of the
lefty council of Marion, Ohio, passed
September 16, 1907. Each bid must
be accompanied by certified check
lof 800 as guarantee of good faith
land must be marked "Bid for sewer
bonds"
An issue of $3.50 to pay the city's
lportion of the cost of certain street
/ improvements. These bonds shall be
dated May /, 1908, and shall be OF
the denomination of $500. They shall
he numbered from one to five and
! shall mature as follows: One bond
September /, 1908. one March /,
1909, one September /, 1909, one
March l., 1910, and one September /,
1910. They shall bear interest at
the rate of four per cent. per an
mum, payable semi-annually These
bonds are issued under the author
Iity of an act of the General AS
lsembly of Ohio, cited above, and in
accordance with resolution of the
city council, passed March 2, 1908
Each bid must be accompanied by a
certified check for 500 and must be
marked, "Bid for City's Portion
Bonds"
One issue for $24.5OO TO take W
notes held against the city of Ma
lrion for various street improvements.
These bonds shall be dated March !
1908, and shall be OF the denomina
ton of $500. They shall mature a!
follows: Three bonds September /
1908, three bonds March /, 1909, three
bonds September l, 1909, three bonds
March T. 1910, four bonds September
l. 1910, four bonds March 1, 1911
four September /, 1911, four Marcl
/, 1912, five September /, 1912, hv,
March 1, 1913, two September /, 1913
two March !, 1914, one September |
1914, and one bond on March / an,
September of each year from 191
to 1917, both inclusive. They shal
bear interest at the rate of four pc
cent. per annum, payable semi-annu
ally. These bonds are issued unde
authority of Section 96, Ohio Munici
! pal Code, and in accordance with a
ordinance of the city council of Ma
rion, Ohio, passed March 16, 1908
Each bid must be accompanied by
certified check for $1,000 and must b
marked, "Bid for refunding bonds.
Each issue will be sold TO the higt
4 est and best bidder for not less tina
n par and accrued interest, All bond
N and interest are payable at the offiC
: of the city treasurer Marion, Ohio
q Marion, Ohio, March 2S, 1908.
HARRY s. ELIlOTT,
3-2S-itsat City Auditor