The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-19
r. B. STEWART. Controller
Purdue University
NOTICE OF SALE OF SCOTT SCHOOL
TOWNSHIP CONSOLIDATED ELtMkN-
TARY SCHOOL, BUILDING BONDS.

Notice is hereby given that up 10 two
~ O'Clock P. NJ. on the 4th day OF De-
cember 1885 sealed bids VIII be received
by the trustees OF Scott School Township
OF Marlborough County. indiana. at the
office OF salo trustee at ingieaeld' d iholI
Township bonds for the purpose OF con-
structing a consolidated elementary school
in Scott School Township IN the amount
of Thirty-one thousand dollars tS3l 900 OOl
bearing interest at rate not TO exceed
four and one-haf per cent a 80 per
annum 1.-THE exact rate to be determined
bv bidding which interest VIII be payable
on June l, 1887, and seml-annuaAy there
after.
1885. and will be twenty-five t25) in num-
Der, each in the principal sum OF Twelve
hundred forty donars sl,240O0j and will
One Sna bond Of $4,000 maturing June l,
one bond of $4,000 maturing December
l. 1887.
one bond of s124O.OO maturing June l.
one bond of $l24O.Oo maturing December
l. 1888.
One bond of Sl240.00 maturing June l.
One bond of $124O.OO maturing December
one bond of $l24OOO maturing June /,
1910.
One bond of $l24O,OO maturing December
l. 1870
one bond OF sl24OOO maturing June /.
1871.
One bond OF $I24O.OO maturing December
l. I941.
One bond of S1240.00 maturing June l.
1892.
One bond of s124O.OO maturing December
l. 1912
one bond of $l24OOO maturing June l.
i943
One bond of 1920 90 maturing December
one bond of $124OOO maturing June l.
1914
One bond of S1240.00 maturing December
l. 1914
One bond of S1240.0 90 maturing June l,
l945.
One bond of s124O 90 maturing December
l. 1915.
One bond of sl24O.OO maturing June /.
1916.
One bond of $l24O.0O maturing December
/. 1896
One bond of s124O.O0 maturing June /,
1947.
One bond of 90 maturing December
One bond of $124OOO maturing June l.
1913
One bond of $4,000 maturing December
One bond of $4,000 maturing June l,
1949.
Bidders for these bonds will be required
to name the rate of interest which the
bonds are to bear, not exceeding four and
one-haf per cent t4l2roj per annum.
Such interest rate must BE- in multiples of
one-fourth GiSsI Of one per C cent tp'C Ci,si
and not more than one interest rate shall
be named by each bidder. Said bonds will
der whose bid is submitted in accordance
herewith. The highest bidder Will be the
one who offers the lowest net interest cost
to Scott School Township. to be deter
mined by computing the total interest on
all of the bonds 10 their maturities and
deducting theNfrom the premium bid, II
any.
no bid for less than par value of said
bonds will be considered. The right is re-
served to reject any and all bids In the
event no satisfactory bids are received at
the time and on the date herein fixed the
sale will continue from day to dav there
after until a satisfactory bid has been re-
ceived for all of said bonds.
The successful bidder for said bonds
shall accept delivery thereof and make
payment therefor on Or prior to December
4. 1885. No conditional bids will be con-
sidered
Said bonds are being issued for the pur-
pose Of securing funds to be used in the
construction and equipment Of a new ele-
mentary school building in Scott School
Township, Vanderburgh County Indiana.
and are the direct obligations of the
school township. payable out of taxes 10
be levied and collected on all Of the tax
able property within the school township
within the limits prescribed by law
Dated this 7th day of November, 1885.
CHRIST KUESTER.
Trustee Of Scott School Township
of Vanderburgh County, Indiana.
OSCAR LAMPHEER,
Attorney for Scott School Township