The journal. (Caldwell, Ohio) 1934-1961, 1946-10-10
LEGAL NOTICE
TO ISSUE BONDS AFTER
SUBMISSION TO THE
ELECTORS

! Whereas. pursuant to a resolution
adopted by the Council of the Village of
| Caldwell, Noble County, Ohio, on the End
day of April. 1916, an election was held
/ on the date named in said resolution,
to-wit: the 7th day of May, 1916. upon
the question of issuing bonds for the pur-
pose of purchasing fire apparatus, includ-
ING fire trucks, fire engines and equip
ment therefor in the sum of ten thous-
and dollars tSl0,000.00), of which election
que notice was given according TO law
and at which election 65 percent of the
electors voting on said proposition voted
in favor thereof; and
| Whereas, it is now deemed necessary
! to issue and sell 100000 of said bonds
under authority of Sections 2293-2 and
2293-19 to %, inclusive, of the General
Code of the State of Ohio; and
/ Whereas this Council contemplateS the
use of S100000 90 of said sum for the pur-
chasing of said fire apparatus as above
set forth, and will require $500 90 not to
/ exceed one years interest to care for
interest maturing previous to the receipt
OF the taxes from which such interest is
/ TO be ultimately paid making a total ag-
gregate amount of 100000 90; and
! Whereas, this Council desires a single
! bond issue for the foregoing purpose and
! the Village Clerk has certified the maxi
mum maturity of said bonds, which maxi
/ mum maturity does not exceed his esti-
mate of the average number of years of
usefulness as measured by the weighted
| aE erage of the amounts proposed to be
! expended for said Improvements in ac-
cordance with the table of maturities
fixed by Section 2293-9 of the General
! Code, ana,
Whereas. this Council estimates that a
| tax for said bonds will first appear upon
! the duplicate for the tax year 1916, and
that the final tax settlement with the
: County Treasurer next following the in
| cluSiOn OF tax for this issue in the an
nual budget by the County Auditor, as
provided by law, will be obtained not
earlier than the first day of September,
| l947, now, therefore. be it
Resolved, by the Council of the Village
Of Caldwell that, for the purpose of pur-
chasing fire apparatus. including fire en-
gmes. and equipment therefor. there
snail be issued and sold bonds of
: this Village under authority of Sections
2293-2 and 2293-19 to %, inclusive, of the
General Code of Ohio. in one lot and
| that the amount of said bonds to be
presently issued shall be in the principal
sum of 100000 Notes shall not be
issued in anticipation of the issuance of
such bonds.
Said bonds shall be dated the 1st day
of June, 1916. and shall be in the denom-
ination of one thousand dollars ($1. .000.00)
each. They shall be serial and shall be
numbered from one O) to ten (l0) both
numbers inclusive. They shall bear in
terest at the rate of three per centum
per annum, payable Semi-annually on the
lst day of January and June of each
year, until the principal sum is paid as
evidenced by the interest coupons at.
tached thereto. the first interest how.
ever, being payable on the 1st day ot
June. l947. Both principal and interest Of
said bonds may be payable at the office
OF the Treasurer of the State o1
Ohio in the City of Columbus
Ohio. provided said bonds are purchased
By the Retirement Board of the Public
Employees Retirement System. the IN
dIstrial Commission of Ohio. the Retire
ment Board of the State Teachers Re
ttrement System or the Retirement Boarc
of the State Public School Employees Re
tIrement System; if said bonds are no
; purchased by the Retirement Board o
the Public Employees Retirement System
: the Industrial Commission of Ohio. tht
4 Retirement Board of the State Teacher
Retirement System or the Retiremen
Board of the State Public School En-
ployes' Retirement System, then sait
} bonds shall be payable at the office o
I the Village Clerk in the Village of Cald
well Ohio. upon presentation and sur
render of bonds and interest coupons a
2 they respectively mature.
Said bonds shall be due and payable
follows.