Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-07
LEGAL NOTICES.

LEGAL NOTICES.
(COntlnued.)
~N>~~s~~S~~-~-N->~~0~>~~ <~~~~>~S~--~->~.~~~s~-s
shall be no award Of bonds thereon. the
certihed check accompanying the same
snail thereupon be returned to such I'M
successful bidder or bidders. If there
shall be awarded the whole or any part
OF the bonds upon any bid or proposal the
certified check accompanying the same
shall thereupon be delivered to the city
treasurer, who shall thereupon present the
same for payment and shall be entitled
10 collect the same and hold the proceeds
collected thereon until the completion of
the purchase and payment for the bonds
so awarded, and If for any reason said
check shall not be paid upon presentation
have the right to collect the same for its
own use and said check and proceeds
thereof when collected shall be taken and
deemed as agreed and liquidated damages
for such breach of contract and as a pay
ment thereof to the city.
In case any successful bidder shall fail
to complete the purchase of bonds so
awarded and to pay for the same within
the time and manner herein required or
which may be prescribed by the city con-
troller, the proceeds of such certified
taken. considered and deemed as agreed
and uquidated damages for the breach of
such bidders contract Of purchase and
shall be taken and deemed as a payment
TO the city for such damages. and shall
be retained and held by said city for It's
use. However, IL such successful bidder
shall complete the purchase OF said bonds
awarded to him said proceeds Of said
certified check shall thereupon be re-
turned to such bidder. or al the option of
the city controller, at the time of the
completion OF the sale and payment for
the bonds, said proceeds of said certified
check may be applied and deemed a pay
ment on account Of the purchase Of said
bonds.
Delivery OF any bonds sold shall be made
at the office of the city treasurer OF the
city of indianapolis. Indiana, not later
than the 31st day OF December. 1921 or
at such time or times may be agreed
upon by the controller and the purchaser
or purchasers. Provided. however. that
the city controller may extend the time for
such delivery not more than ten (10) days
after the day or days specified or agreed
upon at above provided, and the success
ful bidder or bidders shall take the bonds
awarded to him or them and pay for the
same at such place and time and his or
her refusal, neglect or omission to do so,
shall be a breach Of the contract Of his
bid or proposal on account OF which dam
ages shall be retained or recovered as
hQuidated as herelnabove set out.
said bonds and the interest coupons
shall be negotiable and payable at the
Union Trust Company, Indianapolis, In
diana, and shall be in form as follows:
UNIFIED STATES OF AMERICA. CITY
OF INDIANAPOLIS. MARION COUNTY.
STATE OF INDIANA.
INDIANAPOLIS WORLD WAR
MEMORIAL BONDS OF 1891.
For value received. the city of Indianap-
oils. In Marion County State OF Indiana
hereby promises to pay TO the bearer,
without any RELIEF from valuation or ap-
praisement laws. on January l, 1927, at
the office of the city treasurer of the city
Of indianapolis. Indiana, one thousand
s1.000.00) dollars in lawful money of the
United States together with interest ere.
thereon at the rate of six per cent (6fo)
per annum. from date until paid, the first
interest payable on the first day Of July,
1929. and interest thereafter payable
semi-annually on the first day Of January
and July respectively on the presentation
and surrender of the proper interest cou-
pons hereunto attached and which are
made a part of this bond,
This bond is one of an issue OF sixteen
hundred (6O0) bonds Of one thousand
(S1, 100000 dollars each, numbered from
inclusive. of date of November IS. 1921.
issued by the city Of Indianapolis pur-
suant to an ordinance passed by the COM
mon council OF said city on the Sd day of
October. 1921, and an act OF the General
Assembly Of the State of Indiana, entitled
IAN Act Concerning Municipal Corpora
tons" approved March s, 1905, and acts
amendatory thereof and supplemental
thereto. Including an act Of the General
Assembly of the State OF Indiana en-
titled;
anv CITY in the tsate Of indiana, to
acquire grounds real estate and in
terest therein by purchase, donation
or condemnation. and to erect and
maintain thereon suitable structures to
commemorate the valor and sacrifice
of the soldiers, sailors and marines OF
the United States OF all patrlotlc
organizations and all others who rem
dered loyal service and made sac
rihces at home and overseas In the
great World War, and to provide
therein a place or places of meetings
and headquarters for organizations of
such soldiers, sailors and marines OF
all patriotic organizations and others,
and for other public purposes ana
authorizing any city to join with the
county in which 1t is located in the
ACQUISITION of such grounds, real es-
tate and interests therein anu tne
erection and maintenance or such
memorial structures, and to provide
for the creation of board of trustees,
its powers and duties, ana authorlzins
any such city to acquire, or TO JOIN
with the county In which 1t Is To-
Gated in the acquisition Of real estate
and interests therein. by purchase
donation or condemnation, 20 be dedi-
Gated and set apart for World war
Memorial and other public purposes
and added to and used in connection
with any real estate which may have
been or may be hereafter designated
for use or dedicated and set apart by
the state of Indiana for World war
Memorial and other public purposes;
authorizing such city or such city
and such county Jointly by proper
contract. deed grant to convey 70
60 acquired for World War Memorial
and other public purposes; as provlde1
therein, and to provide for the levy OF
taxes and the issuance or oonos' ana
the appropriation of money for said
purposes; exempting the same from
taxation. and declaring an emergency
(approved March 10, 1921).'
IT Is hereby certified that all things ana
acts required by laws of the state OF IN
diana and by ordinance OF the common |
council of the city of Indianapolis prece-
dent to the issuance of this bond have
and have been done ana per /
formed in and about the authorization /
4 nnropriation, Issuance and complete exc |
cufion of this bond and 1t Is further GER
tiled that this bond is within every limit !
~ debt prescribed by the constitution and |
laws of the State of Indiana, and that the /
faith and credit of the city of indianapolis. |
indiana. is hereby irrevocably pledged to /
the punctual payment of the principal and /
Interest of this bond according to Its |
In witness whereof, the common council |
of the city of Indianapolis, In |
(SEAI) diana has caused this bond to |
be signed by the mayor and city /
and attested by the city clerk /
ana the corporate seal of said city to be
affixed this 18th day of Novem-
Der, 1921.
Mayor
city Controller.
1A' city Clerk.