Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-11-26
LEGAL NOTICES.
Continued.


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NOTICE OF SALE OF BONDS OF THE
PARK DISTRICT OF THE CITY
OF INDIANAPOLIS, IND.
Sealed bids VIII be received by the city
controller OF the city Of Indianapolis, In
diana, until - o'clock m on the 18th day OF
December, 1921, for the whole or any part
OF fifteen thousand G15,0O0) dollars OF
bonds OF the park district of the city Of
indianapolis, Indiana which said bonds are
designated Park District Bonds OF 1871,
Issue No. T." and will be dated Dec. To-
1921 Said bonds will be fifteen (l5) IN
number and will be for one thousand
$4,000 dollars each with interest coupons
attached Said bonds will bear interest at
the rate of six (6Eo) per cent per annum.
payable semi-annually on the hrst day OF
January and July Of each year. The hrst
coupon on each bond will. become due ana
payable on the first day of July, 1928, ana
will be for the interest on said bond from
the date of issue tC said date. said ponus
will mature on Dec. IS. 1926 Both prln-
cipal and interest are payable at the Union
Trust Company OF indianapolis. 1holalst'
and constitute 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. 4" and directed to the
city controller. IndianapO polls, Indiana.
Bidders may bid for all or any part OF
said bonds
Proposals will be opened by the city con-
trOIIer at his office on the 18th day of De-
cember, 1921, between the hours OK II m
and O'Clock .. m and said controller
will thereupon award said bonds, or II he
shall see fit, 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 Thereon,
and shall have the right to accept part
of any bid, and to award upon any bid the
whole or any less number Of bonds covered
By said bid. excepting only that no bonds
shall be sold for less than par. He may
also, In his judgment and discretion, award
a part OF said bonds to one bidder and a
part to another.
Each bid shall be accompanied by a GER
titled check upon some responsible bank Of
the city of Indianapolis. Indiana. payable
to the order of Ralph A Lemcke, city treas
urer, for sum Of money equal 70 two ana
One-haH (2iz Co per cent OF the race OF
par value of the bonds bid for. The bonds
awarded will be delivered at the office OF
the city treasurer Of Indianapolis. Indiana,
on the 18th day of December, 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, TO be
made within thirty 600 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 so to do shall
be a breach OF the contract OF his bio OF
proposal. on account OF which damages
shall be retained or recovered as Hquidated
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 Il, 1919 entitled AN Act
concerning the department OF public parks
in cities Of the first class. defining its
powers and duties. creating a taxing dis
trict for park purposes in each city Of the
first class. repeating conflicting laws. and
declaring an emergency" and an act or
the General Assembly Of the State OF In
diana amendatOry thereto, approved July
81 1920, and pursuant to resolution Of the
board of park commissioners Of the city Of
Indianapolis. Indiana, adopted oct. IS, 1921
directing the undersigned 20 issue and sell
said bonds for the purposes therein set out.
The opinion Of Nessrs. Smith. Remster
HornbroOk & Smith concerning the legality
OF these bonds viii be furnished TO the sue
cessful bidder for the same.
ROBERT H BRYSON,
City Controller.