Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-07-30
LEGAL NOTICE

NOTICE OF SALE OF PARK BONDS
Sealed bids will be received by the city
controller of the city Of INDIANAPOLIS IN
diana, until II o'clock m on Wednesday.
| Aug. %. 1921, for the whole or any part
OF sixty-hve thousand (s65,0OO O0l dollars
OF Park Bonds Of 1921, Issue No g."
Said bonds will be DESIGNATED Park
Bonds Of 1921, Issue No. g." and will be
dated as of the 22d day Of August 1921,
SAID bonds will be one hundred and thirty
(1SO) IN number, and Will be for five hun
dred (S5Oo.00) dollars each with interest
coupons attached. Said bonds will bear
interest at the rate of five and one-half
% 4 q per cent per annUn, payable semi
annually on the first day Of January and
July of each year. The first coupon on
each bond will become due and payable
on the FIRST day Of July. 1922, and viii be
for the interest on each bond from date Of
issue to said first day Of July, 1922. Bonds
numbers l. 2, 3. 4. and will mature
Jan. !, 1928, and thereafter annually on
the frst day of January of each year said
bonds Will mature in series of six (e)
bonds each in the consecutive order Of
their respective numbers except series
number % Will consist of four (4) bonds
there being twenty-one (21) series Of three
thousand go 100000 dollars and one series
Of two thousand (S2 100000 dollars. Both
principal and interest are payable at the
Union Trust Company OF Indianapolis, In
diana. Bids for the purchase Of said
bonds shall be endorsed Park bonds If
1921, Issue No. g." and 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 con-
troller at his ONCE on the 22d day of
August, 1921. between the hours Of IL m
and O'Clock p. m. and said controller
Will thereupon award said bonds. or il he
shall see Mt, a part thereof. to the highest
and best bidder therefor. but the con-
troller shall have the right to reject any
and all bids or proposals or any part
thereof. and shall have the right to accent
q part Of any bid. and TO award upon any
bid the whole any less number of bonds
covered by such bid. excepting only that
L.
He may also. in his Judgment and discre-
ton award a part of said bonds to one
bidder and part to another.
Each bid shall be accompanied by q GER
titled check upon some responsible bank Of
the city OF Indianapolis. Indiana payable
to the order Of Ralph A. Lemcke city
treasurer. for sum Of money equal to two
and one~haT (2h "a per cent OF the face
or par value Of the bonds bid for The
bonds awarded will be delivered at the
once of the city treasurer of Indianapolis.
Indiana. on the 22d day Of August 1871
OF at such time or times may. on the
day bids are opened and award is made, be
to be made within thirty days 600 days
from Aug. %, 1921. and the successful bid
der 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
bid or proposal on account of which dam
nquidated.
Said bonds are offered for sale under and
by virtue OF the provisions of an act Of
the General Assembly of the State OF In
diana, 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 district for park purposes in each
city OF the first class, repeating conflicting
laws. and declaring an emergency" and
a act of the General Assembly Of the
State OF Indiana entitled AN act to
amend Sections LOT. 1874, $50. III. ISL and
1872 OF an act entitled An act concerning
taxation. etc" approved March 10 1921,
and pursuant TO a resolution of the Board
of Park Commissioners Of the city of Indi-
ans polls, directing the undersigned to issue
and sell the same for the purpose therein
set out ROBERT II. BRYSON
City Controller.