The journal. (Caldwell, Ohio) 1934-1961, 1959-12-03
OF SALE OF BONDS

undersigned the fiscal officer of Noble
County; Ohio; herein referred to as
The County, at his. office in the
until II 90 a. m. EST, on the 30th
day of December. 1859, at which
time the bids will be publicly opened
and read, for the purchase of bonds
OF the County in the aggregate amount
of S33, 900 90. authorized by Resolution
passed November 5. 1859.
Said bonds shall be dated the 18th
day OF November. 1859, shall be in the
denomination of $1,000 90 each shall
draw interest payable semiannually on
the lst days of June and December
OF each year beginning June l. 1860.
at the rate of 3la@c per annum. Any
one desiring TO do 50 may present a
bid for said bonds based upon their
bearing different rate of interest.
but not in excess of 6Gt. provided that
where a fractional interest rate is bid
such fraction shall be one-uuarter of
one per cent or a multiple thereof
Said bonds shall mature as follows:
Sc 100000 on the lSt day of December
in each of the years 1861 to 1863, both
inclusive, and $4,000 90 on the 1st day
OF December in each of the years 1864
to 1866, both inclusive.
Said bonds are issued for the pur-
pose OF defraying the cost of assessing
all real property in Noble County
Ohio, for the period 1855 to 1861
Said bonds are payable at The First
National Bank of Caldwell, Caldwell,
Ohio. and are supported by limited
taxes.
Said bids will be promptly con-
sidered, and said bonds will be sold
to the highest bidder offering the low
est interest rate at not less than par
and accrued interest The lowest in
terest rate will be determined by call
culating the total interest to stated
Il
theretrom the premium bid. II each
of two or more bids is the highest bid
offering the lowest interest rate. the
bonds will be awarded on such one
of said highest bids as is chosen by
the said fiscal officer by lot. All bids
must be accompanied by bond or
certified check on solvent bank
tother than the bidder) payable to
said County, in the amount of one per
cent of the par amount of the bonds
bid for, upon condition that if the
bid is accepted. the bidder will re-
ceiVe and paw for such bonds in ac-
cordancc with the terms and provi
sions of this notice, or forfeit the same
as liquidated damages in the event
said condition is not fulfilled.
Bios shall be sealed and endorsed
Bid for Noble County Real Estate
Assessment Bonds.
The proceedings for this issue have
been taken under the supervision of
Bricker, Fvatt Barton, Eckler G. Me
hoff. Bond Attorneys, Columbus, Ohio,
whose approving opinion will be fur
niShed by the County to the success
ful bidder without expense. The COM
plete transcript of proceedings and the
printed bonds will be furnished by
the County, together with usual clos
ing papers.
II is contemplated that the Board
of County Commissioners will meet at
IN =.
OF December. 1859. to consider said
| bids and make an award.
The. b@nds -Wills'he delivered at the
| office of the undersigned. or such
other place as may be agreed upon
with the successful bidder; If outside
of the limits of Noble County, Ohio.
the bidder shall pay expense of de-
livery at that place.
Before making tender of the bonds
at the place of delivery the Board
shall give written notice to the sue
cessful bidder not later than the third
day before the proposed tender, of
the fact that the bonds, transcript, no
litigation certificate. and approving
opinion will be available for delivery
and giving the date and hour for the
tender at the said place of delivery
provided however that nothing herein
contained shall prevent the making of
mutually agreeable arrangement for
the delivery of the bonds either at
the place fixed for delivery or else
where.
If such notice has not been given
or waived by the successful bidder
and the bonds. transcript, no-litiga-
ton certificate and approving opinion
are not available for delivery to the
successful bidder at such place of de-
livery on or before 1900 o'clock noon
of the 3Oth calendar day after the day
fixed for the receipt of bids, and the
successful bidder shall not be in de-
fault of any of his obligations. he shall
have the right thereafter and so long
as no such tender by the Board shall
yet have been made, to cancel the
contract of purchase: such right to be
exercised by delivering to the under
signed written notice of such cam
collation.. Such bidder shall thereupon
be entitled to the return of the de-
posts which accompanied his bid and
it shall be returned to him Immediate
ly.
The right is reserved to reject bids
COUNTY OF NOBLE,
STATE OF OHIO
BY Stanley Osler.
County Auditor
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