The journal. (Caldwell, Ohio) 1934-1961, 1959-11-19
NOTICE OF SALE OF BONDS

Sealed BIDS 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 100 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 $33,000.00, authorized by Resolu-
ton 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 lst days of June and
December of each year beginning June
l. 1860, at the rate of 3l2 percent per
annum. Anyone desiring to do SO may
present a 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:
S6,00O0O on the lst day of December
in each of the years 1861 and 1862, and
S5.00000 on the lst day of December
in each of the years 1868 to 1866, both
inclusive.
Said bonds are issued for the pur-
pose of defraying the cost of assess
ing dlI ledi plOpcIlN III NOD2S SOuillS,
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 win be determined by cal
culating the total interest to stated
maturity at the rate bid and deduct
ing therefrom the premium bid. If
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 bidder) payable to
the Board. 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 pay for such bonds in ac-
cordance with the terms and provi-
sions of this notice. or forfeit the
same as liquidated 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
Bricker, Evatt, Barton, Ecker & 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
by the County together with usual
closing papers.
1t is contemplated that the Board
of County Commissioners will meet
at LOO o'clock, A. M. on the 9th
day of December, 1859, to consider
said bids and make an award.
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
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 here
ing of mutually agreeable arrange
ment for the delivery of the bonds
either at the place fixed for delivery
or elsewhere.
If such notice has not been given or
waived by the successful bidder and
the bonds. transcript, modification cer-
tificate and approving opinion are not
available for delivery to the success
full bidder at such place of delivery
on or before 1900 o'clock noon of
the 30th 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 un-
dersigned written notice of such cam
collation.. Such bidder shall thereupon
be entitled to the return of the de-
posit which accompanied his bid and
it shall be returned to him immedi-
ately.
The right is reserved to reject bids
COUNTY OF NOBLE,
CTATE