Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-03-17
NOTICE OF SALE OF SCHOOL M
PRONENENT BONDS


PROVEMENT BONDS.
Notice is hereby given that sealed pro-
posais viii be received at the Office OF the
trustee OF township schools at the town OF
, feEnoh' Jennings County, Indiana, on or
before o'clock p. m, Tuesday. April
IS. 1922. for the purchase Of S32 600 mar
value Of school Improvement bonds Of the
5 5Sdl,y.,. t 2-,P OF Vernon Jennings
and viii be sold pursuant to q resolution
duly adopted by the advisory board OF the
school township OF Vernon Jennings
county, Indiana, at a special meeting of
said board, held on Feb. IS 1922 and the
proceeds therefron Will be used in the con-
stFuctiOn OF new school building tn he
known as the Vernon Township high
school. in the town OF Vernon. Indi-
ana, and the equipment Of said building
Tor school purposes.
said bonds viii be dated March l. 1922
ana VIII consist OF nifty bonds Of the par
FaIue OF $500 each, and four bonds Of the
par value Of $500 each. aggregating S32. 600
par value.
Said bonds will be payable within 10
years from the date thereof. at the First
National Bank, Vernon Indiana ana as
follows: The Irst four bonds PAYABLE Ian
1, 1873; two bonds each six months there
after until all are paid. the last payment
10 De made July l. 1885, and will bear in
terest at the rate OF six per cent (sC[l
per ahuum. payable semi-annuaily on the
hrst Gays OF January and July of each
year, beginning Jan. l. 1923 rasDective1v
as evidenced by interest coupons attached
TO said bonds. Said bonds will be issued
IN the name OF the said school townsbiD
OF vernon, Jennings County. Indiana. and
signed by the trustee and advisory board
OF the said school township
Al bidders VIII be required TO state IN
thelr said proposals the gross amount thew
VIII pay for said bonds. with interest a q
crued to date of delivery An bjdders
VIII be required 10 inclOse their proDosa Is
IN sealed envelopes which. shall baya IL
doTsed thereon the nature Of the bid a,d
the name and address of the bidder
ceFuheu cneck Tor = per cent Of the
order Of the school township OF Ter7on
Jennings County. Indiana. must acconnan,,
each bid. This check will inure to the
benefit Of the school township Of Verno1
veAhtHgs county Indiana. upon failure of
me bidder TO comply with the provisions
OF MS Did, or TO take and nav for tba
bonds at the amount bio
said proposals Will be opened at 1 O'clock
p M tuesday, April IS. 1922. at q public
meeting OF the trustee and advisory b.a-5
or said township. said bonds will he so1G
to the highest and best bidder for nor Iess
than the par value thereof, and said trUs-
Tee ana ADVISORY board shall have the
right to reject any and all bids SoF5
bonds shall not be delivered rptfr a.
money therefor is paid to the trustee NJ
said township. and the interest shall he
gin 20 accrue from the date OF the issue Of
such bonds The proceeds from .T-o -
OF such bonds shall be paid to fha tr,,stae
of the said school township of Vs~Dor
Jennings County, Indiare and shan he
kept by him In seps-c.te fund and aDrIie6
only TO the pu4po 5 Tor whi n such bonds
are sold.
Dated at Vernon. Indiana this LIST day
OF March, 1922.
SCHOOL TOWNSHIP or vFRN-On-
JENNINGS COUNTY. INDIANA' Wv
By CLARENCE E DAWSON. Trustes
". !. SEA1ON' attorney. Vernon, Indiana