The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-01-01
NOTICE OF THE SALE OF BONDS OF
IhE CITY Or INDIANAPOLIS. INDl-

NOTICE OF THE SALE OF BONDS OF
lhe CITY Or lNDIANAPOLIS. IND1-
Notice is hereby given that sealed bids
win Dc received Dy the City Controner IN
the City OF Indianapolis until ~ c.ock
Tor the whoie or any Dsrt OF the Sixty.
one thousand 1851 .O0000j DoiIars of
ana ouS which bonds o. are dessnsted dG as
CITY STREETS. AND PUBLIC HIGH
WAY BONDS OF 1876" and viii be
bonds will be sixty one in number (b1l
ana will be, Tor one Thousand Isl 600. OO)
tsched. said bonds '' viii bear 'i Interest
at the rate of four and one-half "A u
ally on the first dag OF January and the
period q said bonds: and said installments
est coupons attached TO said bonds. The
first couDon on each bond win become
1857 and 9 vii be- for interest esy on said
bonds from the day OF issue to said
teen. (19l series shall be for three. go
D onGs ss each q TRe T@en t series shah
$4,000 SS the each Il TSe q rS: snS Srs i5 e
thereafter 70 and including January Ist.
payable at the office of 9n the CIV Treas
urer of the City of Indianapolis Indiana.
anu SQnsIltutS dLi OOiEdIO VI TUG SAeS
Bids or proposals for the purchase of
c S 9ee,s Pubic Ghwa Sd Bon dSs
of 1926. and directed to, the City, Con-
troller, Indianapolis. Indiana. Bidders
The eiI rop m or BIDS S viii 1 Be opened
by the City GoRtroIler a. o biz Office on the
poqas and : said Sg c o0HR sPa shah
IT. psrt thereof Dt 70 the highest and best
bidder therefor. provided that said Con-
said award until latter date not beyond
5SSos$ sSs SsFo ISs mi Nit . rsis
any or all bids or. proposals, or any part
thereof and shall have the right to accept
amy t6e e @hoe Or a anq fe less upon
bonds covered By SAID bid, ,eyceptine emily
p Ssr' Value 0a and accrued iDteres and SAID
City Controller shall further have the
rght in has Gd aSd bonds end 10 ens bio %
der and part to another: ,
he Esc5 ana eyeg 9G F Gf cSe S Sno
some responsible bank Of the City of In
dianapolis, Indiana. payable to the order
eaua e to ot Two r ana onehaf syn per cent
Of the face or par value of the bonds
in case any bid or prpoosai shall not DO
accepted and there shah be no award DO, OF
panying he same shall thereupon be re-
turned to such bidder or bidders. II there
shall be awarded the whole or any part of
certified check accomDanying the same
shall thereupon be- delivered to- the City
Treasurer who shall thereupon present the
to collect the same. same and hold the pro
tion, of the purchase snd. payment Of the
said check shall not be paid upon pre-
sentation, the Ciyt shall retain said check
and shall have the right TO collect the
and proceeds thereof when collected shall
be taken and deemed as agreed and. lidui-
dated damages for such. breech Of con- On
In case any successful bidder shall fail
awarded i' and to ' nay for the same Within
the time and manner herein required or
which may be prescribed by the. City Con-
deposited by such bidder shall he taken
considered and deemed as agreed and
linuldated damages for the breach OF such
be taken and deemed as a payment TO the
famed and held by such city for. its use.
complete the purchase Of said bonds
ccertifsd check shall thereupon. Be re-
Of the City Controller at the eime Of
the completion of the sale and payment
for the bonds. said proceeds of said GER
a payment on account of the purchase of
The bonds awarded VIII be- delivered
a. tine 9tncs fn of 1ne S1s the oJ In
February 1926. or at such time or times
as may on the dav bids are Opened and
Tfga Is msos e r. be up made az within 4
thirty 1901 days from the. dafe of such
award. and the successful bidder or bid