Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-10-04
LEGAL NOTICE.
~~NFNA~ W. tSN-s


NOTICE OF SALE OF PARK DISTRICT
BONDS
once OF the city Controller, City Hail.
Indianapolis, Indiana.
Sealed bids will be received by the city
controller Of the city OF Indianapolis In
diana. until ~ o'clock m. on Oct. q, 1921
Tor the whole or any part Of sixty Ave
thousand 1855, 100000 dollars of Park
Bonds of 1921 Issue No. g."
Said bonds are designated Park Bonds
OF 1921, Issue No. 3" and are dated as Of
the z2d day Of August, 1921. Said bonds
are In denominations Of ave hundred
t$50O.0O) dollars each with interest cou-
pons attached and are one hundred and
thirty (iSO) In number. Said bonds bear
Interest al the rate of FIVE and ons-half
toAs go per cent per annum. payable semi
annually on the first day Of January and
July of each year. The first coupons on
each bond will become due and payable on
The first day OF July, 1922 and Will be
for the Interest on each bond from date Of
issue to said date. Bonds numbers l. 2 g.
T. and Will mature Jan. l. 1928. and
thereafter annually on the first day OF
January Of each year. Said bonds Will
mature In series Of six 60 bonds each in
the consecutive order OF their respective
numbers except series number % viii con-
slst OF four 90 bonds; there being twenty
one I'D series OF three thouss nd $4,000.
V0) dollars and one series Of two thousand
tSz.pVu-VUl dollars. Both principal and
interest are payable at the Union Trust
Company Of Indianapolis. Indiana, and
constitute an obligation OF park district
"a tAAc Nlt9 OF AuOA&Nh pbllss lAlltIh. Bi0A
for the purchase Of said bonds shall be in
dorsed PARK Bonds OF 1921. Issue No s.
and directed TO the city controller, Indi-
annapolis, Indiana. Bidders may bid for
all or any part OF said bonds,
Proposals viii be opened by the city
controller at his office on tho @7th day Of
October. 1921, between the hours Of Il
O'Clock IN. and o'clock ,. m, and said
controller VIII thereupou award said
bonds or X he shall it, a part thereof
to the highest and best bidder therefor.
lar "A vi ph n,
Ieject any and all bids or proposals or any
part thereof. and shall have the right to
accept part or amy bid, and to award
upon any bid the whole or any less num-
Der Of bonds covered by such bid, except
ing only that no bonds shall be sold FOR
less than par. The controller may also in
his judgment ana discretion. award a part
OF said bonds 70 one bidder and u part to
another.
Each bid shall be accompanied by a GER
titled check upon some responsible bank OF
the city OF indianapolis, Indiana, paya BILE
to the order Of Ralph a. Lemcke. city
treasurer, for a sum of money equal TO
two and one half (254@e) per cent 81 the
face or par value OF the bonds BID for.
The bonds awarded Will be delivered the
Office OF the city treasurer OF Indiana polls
Indiana. on the Z7th day OF October. 1921
or az tuch time or times as may, on the
day bids are opened and award is made
bS agreed upon. all such deliveries. how
ever. 20 be made within thirty $500 days
from the date Of said award, and the sue
ceHsfui 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 breach OF the
contract Of his bid OF proposal. on account
OF which damages shall be retained or
recovered as liQuidRted.
Said bonds are offered for salo under
and by virtue Of the provisions Of an act
OF the General Assembly Of the State Of
Indiana. approved March Ia. 1919. en-
titled An act concerning the Department
Of Public Parks IN cities Of the first class.
defining It's powers and duties. creating
taxing district for park purposes in each
city of the first class, repeating conflicting
laws and declaring an emergency" and
an act OF the General Assembly OF the
State Of Indiana, approved March 10, 1921.
entitled An act TO amend Sections le7,
ia4. 100, III. ISL and 1872 OF an act en-
tilted An act concerning taxation,
ETC." and pursuant 10 a resolution of the
Board OF Park Commissioners OF the city
of indianapolis, directing the undersigned
to Issue and sell thu same for the purposes
therein set out.
The legal opinion OK Msssrs, Smith,
Remster. Hornbrook g. Smith. approving
the legality OF these bonds will be fur
nished to the successful bidder for the
same. ROBERT Il BRYSON.
City Controller