Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-08-06
NOTICE OF SALE or PARK BONDS.

NOTICE OF SALE OF PARK BONDS.
Department of Finance. once Of the
City Controller City Hall. Indianapolis.
Indiana
Sealed bids will be received by the city
controller Of the city Of Indianapolis In
diana, until u o'clock m On Gordar.
Aug. 2. 1921. for the "a hole OF any par
of ninety thousa nd tse0.o0O-ool dollsgs OF
Park Bonds Of 1891. Issue No. g.
Said bonds Will be designated Park
Bonds Of 1921. Issue No. .. and will Ia
dated S. Of the 22d dsy Of August. 1891
Said bonds viii be ninety 900 in number
and will be for one thousand tSl.000-00l
dollars each with interest coupons at
tsched- Said bonds will bear interest a.
the rate Of six $50 per cent per snnum.
payable seni-annuaUy on the hrst day of
January and July Of each year The nrst
coupon on each bond Will become due ana
payable on the first day Of July 1922 and
will Re for the interest on each bond from
date OF issue to said date. said bonds VIII
mature on Aug -. 1926. Both principal
and interest are payable % Lne Union
Trust Company Of Indiana polls indiana.
Bids for the purchase Of said hon4s snati
Be- endorsed Park Bonds Of 1921. Issue
No q" and directed TO the city controller
indianapolis Indiana Bidders may bid
for al any part Of said bonds
Proposals viii he opened b. the city con-
troiler at his office on the ed day Of
August. 1921. between the hours Of L m.
and o'clock . M and said controller viii
thereupon award said bonds or II he shall
see 1T part thereof. 10 the highest and
best bidder therefor. but the said coz
ana all bids or proposals or any part
thereof. and shall have the right 10 accept
q part Of any bid, and to award uno1 any
bid the whole or any less number u bon ds
covered By such bid. excepting only that
70 bonds shall be sold fo- less ths5 rsr.
He may also. in his juistreTt aud Ciscre-
ton, award a part of said nouds 10 o..e
bidder and a part 70 another.
Each bid shall be accompa MED h. n GER
titled check upon some responsible hank Of
the city OF Indiana polls, Indiana. payable
70 the order OF Ralph A Lenicke, city
treasurer, for sum Of money equal 10
two and one-hslf ca zTc) per cent OF the
face par value OF the bonds bid for. The
bends awarded will be delivered at the
Office OF the city treasurer Of indianapolis.
Indiana, the 22d day OF August. 1921,
Nor at such time or times may. on the
day bids are opened and award is made. be
agreed upon, all such deliveries. however.
TO be made within thirty C30l days from
Aus. p, 1871. and the successful bidder
or bidders shall take and pay for the bonds
awarded TO him them. and his or their
omission, neglect or refusal so TO do shall
proposal, on account Of which damages
shall be retained or recovered s liquidated.
Said bonds 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 II, 1919. entitled
"An act concerning the department Of pub
lie parks in cities OF the first class. dsfn-
ing it's powers and duties. creating a tax
ing district for park purposes IL each city
Of the first class, repeating c. 7flicting
laws and declaring an emergency I'd an
act OF the General Assembly OF the state
Of Indiana amendatory thereto, approved
OF the Board OF Park Commissioners Of the
city OF Indianapolis. adopted April "a.
1921. and July IA, 1921. directing the
undersigned to issue and sell the same for
the purposes therein set out.
ROBERT H. BRTsON.
City Contr9ller