Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-10
ROBERT H BRYSON,
City Controller.
iTICE OF SALE OF BONDS OF PARK
DISTRICT OF THE CITY OF

DISTRICT OF THE CITY OF
INDIANAPOLIS. INDIANA.
Sealed bids will be received by the city
Rtroller Of the city of Indianapolis. IN
ma, until II O'Clock m, on the 18th
OF December. 1921, for the whole or
b part Of twelve thousand five hundred
?, 50O.60) dollars Of bonds OF the park
Nstrict of the city of Indianapolis. In
ma, which said bonds are designated
lark District Bonds Of 1921. Issue No. g.
n d will be dated as of December 19, 1921
i'd bonds Will be twenty-five (25) in
mber and will be Tor FIVE hundred
100000 dollars each with interest cOu-
as attached Said bonds viii bear in
rest al the rate Of four and One-half
"a Tc) per cent per annum, payable semi
nually the first day of January and
Nv OF each year. The first coupon on
ch bond will become due and payable
XII the first day Of July, 1873, and Will be
d the interest on said bond from date of
Zue 10 said date. This issue of bonds
Insists OF twenty-five (25l equal annual
#ries Of one bond each. The first series
Il become due and payable on the first
y OF January, 1929, and one series Will
/ature on the first day of January OF
Oh succeeding year in the order OF their
spective numbers. Both principal and
sterest are payable at the Office of the
.sasurer OF the city OF Indianapolis, In
5ana, and constitute an obligation OF the
TX district OF the city OF indianapolis.
4 diana
Bids for the purchase OF said bonds shall
Endorsed bid for Park District Bonds
1921, Issue No. g." directed TO the city
4ntroller. Indianapolis, Indiana. Bidders
by bid for all or any part Of said bonds.
Proposals Will be opened BY the city con-
@bller al his Office on the 18th day Of
*ecember, 1921, between the hours OF
200 n and 900 o'clock 2. N. and said
ntroller will thereupon award said bonds,
II he shall see fit, a part thereof to
2 e highest and best bidder therefor, but
. E sad controller shall nave the right to
"ject any or all bids or proposals or any
F-u rFar -
accept a part Of any bid, and to award
bon any bid the whole or any less num-
T OF bonds covered by each bid. except
IL only that no bonds shall be sold for
IS than par. He may also, in his judg-
4 nt and discretion. award a part OF said
2nds to one bidder and q part to another.
Each bid shall be accompanied by a
rtifed check upon some responsible bank
the city OF Indianapolis, Indiana, pay
lie to the order OF Ralph A Lemcke. city
Seasurer, for a sum OF money equal to
i 10 and one-half (2izfc) per cent Of the
4 Ice or par value Of the bonds bid Tor.
be bonds awarded Will be delivered at
lie office Of the city treasurer Of Indianap-
Is Indiana, on the 18th day of December.
f21, or at such time or times as may,
j the day bids are opened and award IA
8 Jade. be agreed upon; all such deliveries.
-,wever to be made within thirty 800
Avs from the date OF such award, and
lie successful bidder or bidders shall take
Id pay for the bonds awarded to him or
4 lem and his or their omission. neglect or
fusal so to do shall be a breach of the
8ntract of his bid or proposal, on &C
,unt Of which damages shall be retained
recovered as Hquidated.
said bonds are offered for sale under
Id by virtue OF the provisions of an act
I the General Assembly OF the State OF
hdiana, approved March Il, 1919. entitled
n Act concerning the department of pub
Il parks in cities of the first class, de-
hing it's powers and duties, creating a
king district for park purposes in each
i ty OF the first class, repeating conflict
& laws, and declaring an emergency" and
acts smendatOry thereof or applicable
Hereto and pursuant to a resoIu lion OF
he Board Of Park Commissioners of the
|ty Of Indianapolis, Indiana, directing the
lhdersigned TO issue and sell bonds for the
purpose therein set out.
The opinion OF Messrs. Smith, Remster
fornbrook & Smith concerning the legali-
y of these bonds viii be furnished to the
'lccessfuI bidder for the same.
ROBERT II. BRYSON.
City Controller