Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-03
LEGAL NOTICES
NOTICE OF SALE OF BONDS VI PARK
DISTRICT OF THE CITY OF
mn


DISTRICT OF THE CITY OF
INDIANAPOLIS. IND.
Sealed bids will be received by the
city controller Of the city of Indianapolis.
Indiana, until l. O'Clock m. on the 18th
day Of December, 1924. for the whole or
any part of thirty-eight thousand (S3S, OOO)
dollars Of bonds Of the park district of the
city OF Indianapolis, Indiana, which sald
bonds are designated Park District Bonds
OF 1921, Issue No. - and will be dated as
Of Dec 1s. 1921. said bonds Will be thirty
eight 1851 in number and will be for one
thousand Isl, 00Ob dollars each with inter
est coupons attached. Said bonds VIII bear
interest at the rate OF nve and one-halI
(5h Ccl per cent per annum, payable semi
fHnually on the first day of January and
Esly Of each year The first coupon on each
eAnd will become due and payable on the
Crst day Of July, 1928. and Will be for the
interest on said bond from date OF issue 70
said date This issue OF bonds VIII con-
sist Of twenty (2G) series, series one % TO
eighteen C1S), inclusive, will consist OF
two 90 bonds each Series nineteen (1sl
and twenty 600 viii consist of one bond
each. Both principal and interest are pay
able at the Office Of the treasurer OF the
city of Indianapolis, Indiana. and consu-
tute an obligation OF the park district Of
the city of Indianapolis. Indiana
Bids for the purchase OF said bonds
. shall be Endorsed Bid for Park District
Bonds of 1921. Issue No. - directed TO
the city controller. indianapolis Indiana.
Bidders may bid for all or any part Of
said bonds.
Proposals will be opened by the city
controller at his office Tire 18th day of
December, 1921. between the hours of Il
m ana o'clock p m and said controller
will thereupOn award said bonds. or II he
shall see At. a part thereof. TO the highest
and best bidder therefor. but the said con-
troller shall have the right to reject any
or all bids or proposals or any part thereof
and shall have the right TO accept part
~ any bid, and to award upon any bid
the whole or any less number OF bonds
covered by each bid. excepting only that
no bonds shall be sold for less than par.
He may also. in his judgment ard discre-
tion. award part OF said bonds to one
bidder and part to another
Each bid shall be accompanied by GER
titled check upon some responsible bank
OF the city of India ma polls Indiana. paya-
bic to the order OF Ralph a. Lemckc. city
treasurer for a sum OF money equal &c
two and one-haf (2lzq 60 per cent OF the
face or par value Of the bonds d for.
The bonds awarded VIII be delivered al
the Office Of the city treasurer of Indian
apolis. Indiana, on the 18th day OF Decent
her. 1921. or at such time or times as may,
on the day bids are opened and award IS
made. be agreed upon. all such deliveries.
however. 10 be made within thirty tSO)
days from the date of such award. and the
successful bidder or bidders shall take
and pay for the bonds awarded to him or
them and his or their omission. neglect or
refusal to do shall be a breach of the
contract OF his bid or proposal on &C
count of which damages shall be retained
or recovered as iquidated.
said bonds are offered for sale under
and by virtue OF the provisions OF an act
OF the General Assembly of the State Of
Indiana. approved March i. 1919. entitled
AN Act concerning the department OF
public parks in cities o. the first class,
defining its powers and duties. creating a
taxing district for park purposes in each
city OF the first class. repeating cOnfiiCtin z
laws. and declaring an emergency" and all
acts amendatory thereof applicable
thereto, and pursuant a resolution Of
the board Of park com nissioners Of the
city Of Indianapolis, Indiana. directing the
undersigned TO issue and sell bonds for
the purposes therein set out.
The opinion of Messrs. Smith. Remster
HornbroOk & Smith concerning the legality
81 these bonds will be furnished to the
successful bidders for the same
ROBERT II. BRYSON.
civ ConfrolIer.