The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
NOTICE OF THE SALE OF BONDS OF
ADAMS SCHOOL TOWNSHIP, ALLEN

ADAMS SCHOOL TOWNSHIP, ALLEN
COUNTY, INDIANA
posalS will be received by Fred Wissman,
Trustee of Adams School Township, Allen
County, Indiana, at his office located at his
diana. until eleven O'Clock A. M, on the 10th
day OF December, 1885, for the purchase of
1dtgrfye t55! bonds one of the aggregate
School, Township: Allen County Indiana.
One Of said bonds to be of the par value
Of $693 SO. and the remainder of said
bonds to be of the par value of Five Hun
bonds to be dated December is, 1885.
Bidders for said bonds shall be required
bonds will bear, not exceeding -Four az
per cent per annum. Such interest rate
must be in multiples of one-quarter of
one per cent and not more than one inter-
est rate shall be named by each bidder
Said bonds shall be awarded to the high
est bidder who has submitted his bid in
be one who offers the lowest net interest
cost: to be determined by computing the
total interest on all of the bonds to ma
ium bid if any Accrued interest on the
bonds will be computed on the basis of the
bid rate accented.
First installment of interest for period
OF nineteen (l9) months on all Of said
bonds shall be payable July is. 1887, and
shall be payable semi-annually. on the 18th
day, of January and July of each year
One bond of S69350 and two bonds of
$500 each shall become. due and payable
July IS, 1887, and two of said $4,000 bonds
shall become due and payable January is
and July IS of each year until Twenty
Six Thousand 26.Ooo.0ol of said bonds
has been paid on July. is. 1880, Bonds,
Peoples State Bank, New Haven. Allen
County, Indiana.
Said bonds are issued for the construc-
tion of gymnasium and the ,remodeling
of the present consolidated grade and high
school in Adams School Township Allen
County, Indiana, in pursuance to Section
Revision of 1888, and all acts supplement
tary and amendatory thereto, and in pur
suance to a Resolution of the Advisory
Board of said School Township, passed at
a special meeting of said Board on october
Is. 1885, authorizing the Trustee to bor-
row Twenty-Seven Thousand Six Hundred
lars, for the purpose set forth and to issue
and sell bonds for said purpose.
Each bid must be for all OF said bonds;
par value. The right to reject any and all
bids is reserved by said Trustee; Sale. of
the Public Works Administration Of the
township, Alien COUNTY, Indiana. a sum
equivalent to forty-hve (45%) per. cent
gymnasium and the remodeling of said
consolidated school.
Inc accepted purchaser or purchasers OF
said bonds shall pay for same on or before
the date of the Bonds and upon payment
therefore, said bonds shall be delivered to
the purchaser or purchasers thereof.
Proposals must be endorsed Bid for
School Purpose Bonds of Adams School
Township. Allen County, Indiana" and
shall be accompanied by certified check
payable to the Trustee of said Township
Of So of the par value of said bonds bio
for. The amount of said check to be re-
tanned by said Trustee, if said bidder OF
bidders shall not carry out the proposals
made.
FRED WISSMAN
Trustee OF Adams School Township.
Allen County, Ind.
WILLIAM FRUECHTENICHT
Attorney for Trustee.