The journal. (Caldwell, Ohio) 1934-1961, 1959-11-26
NOTICE OF SALE OF BONDS

sealed bldS VIII be received by the
undersigned. the fiscal officer of No
as the County, at his office in the
County Courthouse. Caldwell. Ohio,
until II :o0 a. m, EST, on the 9th
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 CO. authorized by Resolu-
tion passed November 5th, 1859.
Said bonds shall be dated the 18th
day of November, 1859. shall be in
the denomination of 100000 each,
shall draw interest payable Semi an
nually on the 1st days of June and
December of each year beginning June
!, 1860 at the rate of 3i2 percent per
annum. Anyone desiring to do so may
present bid for said bonds based up
on their bearing different rate of
interest. but not in excess of percent.
provided that where a fractional in
terest rate is bid. such fraction shall
be one-quarter of one percent or a
multiple thereof.
Said bonds shall mature as follows:
S6,0oO.0O on the 1st day of December
in each of the years 1861 and 1862. and
S5,000.00 on the 1st day of December
III each of the years 1868 to 1866. both
inclusive.
Said bonds are issued for the pur-
pose OF defraylng the cost of assess
ing all real property in Noble County.
Ohio for the period 1855 TO 1861.
Said bonds are payable at The First
National Bank, 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 CAL
culating the total interest to stated
maturity at the rate bid and deduct
ing therefrom the premium bid. If
each of two or more bids is the high
est bid offering the lowest interest
rate, the bonds will be awarded on
such one of said highest bids as is
chosen by the said Clerk by lot. All
bids must be accompanied by bond
or certified check on a solvent bank
tother than the bidderl payable to
the Board. in the amount of one per
bid for. upon condition that if the
bid is accepted. the bidder will re-
ceive and pay for such bonds in ac-
cordance with the terms and provi-
sions of this, notice, or forfeit the
same as Iouidated damages in the
event said condition is not fulfilled.
Bids shall be sealed and endorsed
Bid for Noble County Real Estate !
Assessment Bonds"
The proceedings for this issus above |
have been taken under supervision of |
Bricker. Evatt. Barton. Eckler & ME-
hoff, Bond Attorneys, Columbus, Ohio. |
whose approving opinion will be fur
nished by the County to the successful |
bidder without expense. The COM
plete transcript of proceedings and |
the printed bonds will be furnished |
by the County. together with usual |
closing papers.
II is contemplated that the Board |
of County Commissioners will meet |
at HOO o'clock. A M, on the 9th |
day of December, 1859. to consider
The bonds will be 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.
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 here
in contained shall prevent the MAX
ing of a mutually agreeable arrange
either at the place fixed for delivery
0r elsewhere.
If such notice has not been given or
waived by the successful bidder and
the bonds, transcript, no-litigation GER
.ificste and approving opinion are not
available for delivery TO the success
,ul bidder at such place of delivery
,n or before 1900 o'clock noon of
he 3oth calendar day after the day
liked for the receipt of bids, and the
;uccessful bidder shall not be in de-
:ault of any of his obligations. he shall
lave the right thereafter and so long
IS no such tender by the Board shall
ret have been made, to cancel the
contract of purchase; such right to
'e exercised by delivering to the un-
iersigned written notice of such can
Such bidder shall thereupop
'e entitled to the return of the de-
,osit which accompanied his bid and
I shall be returned to him immedi- | S
tely.
The right is reserved to reject bids. {
COUNTY OF NOBLE,
STATE OF OHIO
BY Stanley Osler.
0 81 22 County Auditor. l z