The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1936-01-03
NOTICE OF THE SALE OF BONDS OF
JACKSON SCHOOL, TOWNSHIP,
ALLEN COUNTY INDTANA

| JAOhoOR SCHOOls TOWNSHIP.
ALLEN COUNTY, INDIANA.
Notice Is hereby given that sealed pro-
Trustee Of Jackson School Township, Al
at his home on the State Line Road ap-
proximately one mile north of Edgerton,
I IND. until 1870 o'clock, a. mp on the
chase OF Fifty-five Is, Bonds o of 'i the ag
gregate amount of 27,3OS.60, issued by
Jackson School Township. Allen County
par. value of ssOs so, and the remainder Of
said bonds to be of the par value of
Five Hundred (s500.0o) Dollars each and
al of said bonds to be dated January 49,
Bidders for said bonds shall be required
to name the rate of interest which the
bonds will bear. not exceeding -Four (4fs)
must be In multipies Of one quarter Of
| one per cent, and not more than one in
terest rate shall be named by each bid
der.
Said bonds shall be awarded to the
! highest bidder who has submitted his bid
in units herewith. The highest bidder
interest cost, to be determined by COM
putting the total interest on all of the
bonds to maturity and deducting there;
interest on the bonds will be computed
on the basis of the bid rate accepted.
First installment of interest for pc
ROD of eighteen Q8) months on all Of said
shall be payable semi annually on the 18th
day of January and July of each year I'M
til said bonds. are paid.
| One bond of $308.60 and two bonds of
$4,000 each shall become due and pay
able July 49,, 1897. and two of said $500 90
bonds shall become due and payable jan
til Twenty-Six Thousand 1926, 900 o0) Dol
lars Of said bonds has been paid on July
IS. 1850. Bonds, principal and interest to
De paid at the Monroeville State Bank,
Said bonds are issued for the constitute
ton and equipment OF consolidated
len COUNTY, indiana, in pursuance to SEE,
Statutes, Revision of 1898, and all acts
and in pursuance to Resolution of the
Advisory Board of said School Township
passed at special meeting Of said Board
izing the, Trustee to borrow Twenty seven
Thousand Three Hundred Eight and 60-100
| 1927. 308.60) Dollars for the purpose set
forth and to issue and sell bonds for said
Each bid must be for all of said bonds.
Said bonds will be sold to the highest and
best bidder for cash and for not less
and all bids is reserved by said Trustee.
Sale of bonds is further. upon the condi-
ton that the Public Works Administration
School Township, Allen County, Indiana.
a sum equivalent to forty-five (45Gel per
cent OF the cost of the construction of said
consolidated school.
The accepted purchaser or, purchasers
of said bonds shall pay for the 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 IBID for
School Purpose Bonds of Jackson School
Township, Allen County, Indiana" and
shall be accompanied by sertified check
payable to the Trustee of said Township
Of so of the par value of said bonds
bid for. The amount of said check to
be retained by said Trustee, If said bid
der or bidders shall not carry out the pro-
poSals made.
ORA F. MOORE,
Trustee of Jackson School Township
Allen County Indiana.
William Fruechtenicht,
Attorney for Trustee.