Evening Republican, Volume 19, Number 90, Rensselaer, Jasper County, 16 April 1915 — Marble-Powers Bonds Sell— Hobbs Ditch Bonds Do Not. [ARTICLE]
Marble-Powers Bonds Sell— Hobbs Ditch Bonds Do Not.
The Fletcher-American National Bank of Indianapolis and Miller & Co., also of Indianapolis, bought in the Marble-Powers ditch bonds Wednesday, paying the face value of $130,591.30. They did not sell, however, for cash, but the money is to be advanced as the work progresses and all is to be paid within a year. The Hobbs ditch bonds did not sell. This ditch is being built by H. W. Marble and the work will either have to suspend or the contractor arrange to take the bonds in payment, disposing of them to other parties. <1
