Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-02-04
LEGAL NOTICES.
NOTICE.
Department OF Finance. once OF City
Controller. City Hall. Indianapo-

lis. Indiana. Jan. p. 1922.
Sealed bids Will be received by the city
controller Of the city Of Indianapolis, In
diana. until II o'clock noon on the 10th
day Of February. 1922. for a temporary
loan of 100000 TO the city Of Indian
apOlis. Indiana. acting on behalf of and
for the use and benefit Of the sanitary
district Of Indianapolis Indiana. for the
relief Of and in aid of the Sanitary main
tenance and general expense fund" of the
said sanitary district.
said loan Will bear interest at the rate
OF not more than go per annun, and will
be evidenced by twenty notes OF warrants
signed by the city Of IndianapOli for the
and benefit OF and on behalf OF said
sanitary district. each note in the prIn-
cipal sum of 5000, to be dated on the
day in February. 1922, on which the pro-
ceeds Of said notes shall be received and
to be payable Dec. 80. 1922. The interest
on each of the said notes OF warrants
shall be payable at the maturity of said
notes or warrants and shall be expressed
to be a part OF the principal thereof. said
notes or warrants shall be numbered from
one to twenty, both inclusive. The pro-
posals received Will be opened by the city
controller in his Office on the 10th day OF
February 1922 between the hours OF IL
O'Clock noon and O'clock D. m, and said
city controller shall thereupOn award such
loan to the person or institution Offering
in his its bid to loan the money at eha
lowest rate OF interest; but the said city
controller shall have the right to reject
any and all bids or proposals for said loan.
Said notes or warrants SNAIL be payable to
the bearer thereof at the Office of the
treasurer Of Marion County in the city OF
indianapolis. Indiana, or at one OF the au-
thorized repositories in said city said
notes or warrants shall not in any respect
be a corporate obligation OF the city of
indianapolis. but shall be and constitute
an Indebtedness of the sanitary district OF
indianapolis as a special taxing district,
and said notes and warrants, with interest
thereon, shall be payable out of the pro-
ceeds Of taxes actually levied and now In,
process Of collection under Section 81 OF an
act of the General Assembly OF the State
of Indiana in the year 1917 entitled AN
Act concerning the department Of public
sanitation in cities Of the first class de-
fning it's powers and duties creating sani-
tary districts consisting OF such cities and
any incorporated towns located within the
boundaries thereof, repeating conflicting
laws and declaring emergency" ap-
proved March 9. 1917, as amended by an
act approved March 9, 1921: and the pro-
ceeds of such levy have been pledged and
appropriated. so far is necessary to
the payment OF said notes or warrants
Said notes or warrants shall be issued
and offered for sale. and said temporary
loan made under and pursuant to the pro-
visions Of said Act of 1917, approved
March g. 1917. and all Acts amendatory
thereof and particularly under and pur-
suaut to section p OF said Act approved
March g, 1917, as amended by said Act
approved March 9. 1921.
JOS. L. HOGUE,
City Controller