The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-06-28
LEGAL NOTICES.
Concluded from Proceeding Page.)
NOTICE OF BOND SALE.
Office of the City Controller, City Hall.

NOTICE OF BOND SALE
Office Of the City Controller, City Hall.
Indianapolis, Indiana.
Notice to Bidders:
Notice is hereby given that in pursuance
OF the provisions OF General Ordinance No.
90. 1921. OF the Common Council of the
passed on the 18th day OF December. 1921.
and approved by the Mayor December 2l,
1921, and General Ordinance No. 10, 1922,
amendatOry thereto. passed on the 10Th day
Of May. l922. ana approved by the Mayor
N the 23rd day Of May. 1922. the under
signed City Controller Of the City Of Indian
apolis will receive sealed bids at the office
OF the City Controller at the City Hail up
TO Il O'Clock noon on Wednesday, July 12tn.
Tor Ten Thousand tS~1O.000.00( Dol
lars of the City Park Purchase Bonds OF
1922. OF the City OF Indianapolis, payable
from the General Fund OF SAID City, said
bonds being Ten t10) IN number, and IN
denomination of One thousand tS~l.0O0.OO)
Dollars each. bearing date OF July 1st. 1922,
and TO be issued ana numbered from One
IL to Ten t1Ol. both inclusive, all OF
which shall mature on January LIST. 1927.
III bearing interest at the rate Of hve 100
Ter cent per annum. payable s"eml-annualy
IN the LIST day of January and July. re-
pectively. OF each year. evidenced BY IN
tr5st coupons attached to said bonds. and
he first coupon attached to each of said
bonds for the interest on said bonds from
late of issue until the 1st day of July. 1928,
FIl be due ana payable at that time, and
FaId bonds with coupons attached are to
De delivered and paid for at the ONCE Of
The Treasurer of the City OF Indianapolis.
The proposals Will be opened by the City
Controller at his office on the 18th day of
July. 1922, between the hours of twelve
. clock noon and > O'Clock p m and SAID
City Controller shall thereupOn award said
bonds. OF II he shall see 1T a part or any
number thereof TO the highest and best
bidder therefor, but said City Controller
shall have the right to postpone said award
until a later date not beyond the 18th day
nE TrNw 1000 a-l aTza the -ruhH To reject
any and all bids and proposals or any part
thereof. and also the right to accept a part
OF any bid and to award upon any bid the
whole or less number of bonds covered by
such bid. except only that no bond shall
be sold at less than par and any accrued
interest. and said City Controller shall fur
theT have the right in his Judgment and
discretion TO award said bonds, a part to
one bidder and a part 10 another.
Each and every bid and proposal shall
be presented 10 the City Controller sealed,
and shall be accompanied by a duly certified
check upon some responsible bank in the
City of Indianapolis. Indiana. payable to the
order of the City Treasurer, for a sum OF
money which shall equal two and one-halt
t2Iacc per cent OF the face or par value
of bonds bid for or proposed TO be pur-
chased. and In case any bid or proposal
shall not be accepted and there shall be
no award of bonds thereon. the certified
checks accompanying the same shall there
upon be returned to such unsuccessful bid
49, "a 1900
the whole or any part of the bonds upon
any DID or propose the certified check &C
compauying the same shall t~hereupOn be
delivered etc the City Treasurer. who shall
t%hereupou present the same for payment.
and shall be entitled to collect the same
and hold the proceeds collected thereon IN
til the completion OF the purchase and pay
meut for the bonds so awarded. and II Tor
any reason said checks shall not be paid
upon presentation. the city shall retain said
check and shall have the right TO collect
the same for its own use and said check
and proceeds thereof when collected shah
be taken and deemed as agreed and hqui-
dated damages for such breach OF contract
and as a payment thereof 10 the city.
In case any successful bidder shall fail
q. compete the purchase OF bonds so award
ed and to pay for the same within the time
and manner herein required or which may oe
prescribed by the City Controller. the pro
ceeds of such certified check. deposited by
such bidder. shall be taken. considered and
deemed as agreed and liquidated damages
fOr the breach of such bidders contract OF
purch1 = and shall be taken and deemed
a. a payment TO the city for such damages.
and shall be retained and held by said city
for its use. However. if such successful
bidder shall complete the purchase or said
bonds awarded TO him. said proceeds OF sad
certified check shall t%hereupon he returned
to such bidder. or. at the option Of the
City Controller. at the time Of the compile
tion Of the sale and payment for the bonds
said proceeds Of said certified check may
I've ~ anu EIAAk q E@E AAANaA@ ga ~
count 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 18th day of July. 1922. or at such time
or times as may be agreed upon by the Con-
troller and the purchaser or purchasers
Provided. however. that the City Controller
nay extend the time for such delivery not
more han ten ClOl days after the day or
days specified or agreed upon as above pro
vided. and the successful bidder or bidders
shall take the bonds awarded 10 HIM OF
them and pay for the same at such place
and time. and any neglect or omission to
do so shall be a breach OF the bidder s
contract of bid or proposal on account OF
which damages shall be retained or recov-
cred by the city as HquIdated. as heTeinbe-
fore set out.
said bonds and interest coupons shall be
negotiable and payable at the Indiana Trust
be signed by the Mayor. City Controller and
atteSted by the City Clerk. except that the
COUPONS are 10 be authenticated by q htho-
raphed fac-simile of the signature Of the
CITY Controller alone engraved thereon
JOSEPH L. HOGUE.
City Controller Of the City of Indianapolis.
NOTICE TO TAXPAYERS OF BOND
ISSUE
n the matter OF determining to issue
bonds by the town OF Broad Ripple for the
erection Of a new fire engine house at the
corner Of Bellefontatne and Hancock
streets.
EALALE IL AE4E1L sAHEa ~ "E- E-N
Of Broad Ripple. Marion County. Indiana,
that the proper legal officers Of said
municipality at q meeting held upon the
4th DAY OF May. 1922. considered the Ques-
tion and finally determined TO issue bonds
Of said town to the amount Of ten thou
sand $50. -0O) dollars. which bonds
hear interest at the rate OF six (6) per
cent per annum. payable semi-annually
said bonds shall mature and. be payable
in ten (10l series as follows. One thou
sand Isl. 900. 00) dollars to be paid upon
the 5rh day Of July. 1928; one thousand
100000 dollars 70 be paid upon the 9Th
dav Of July each year thereafter until said
bonds have been paid. Said bonds shall
be in denomination Of one thousand
$1,000. 00) dollars and said bonds shall. be
dated the 1st day Of June. 1922. The net
assessed value OF all the property in the
fov-n of Broad Ripple is S2.0T1.110.0O and
she total Indebtedness. exclusive OF this
issue Of bonds is S12. 500 90. The proceeds
~ said bonds are to be used for the erec-
ton Of a new fire engine house in said
Taxpavers may file objections and be
heard thereon within tyeIty-nine (29)
days after the first publication Of this
DONALD A. STACKHOUSE.
ROBERT a. GLAUBKE.
WILLIAM H. ARCHER.
Trustees Of the Town Of Broad Ripple.
state OF Indiana. Department Of State.
To Al to Whom These Presents Snail
I Ed Jackson. Secretary of State Of the
State of Indiana. do hereby certify that