The Daily Banner, Greencastle, Putnam County, 10 September 1964 — Page 4

Page 4 THURSDAY, SEPTEMBER

1964

NOTICE OF SALE KU MM FIRST MORTGAGE RONDS SCHOOL Bl'11.DING CORPORATION CLOVERDALE Clevrrdal* School Bulldins Corpor»uon. »t th« hour of 11:30 A M (Contrsl Dss'iish: Stunss Tims', or. Ssptsmbsr 17. 1S64 st th» offirt in ths Clovsrdsis H;*h School. Clovsrdslr Indians Mill rscsive and con.«idar bid« for 'ha purchast of ths followms descnhad bond?: •175 000 of First Mor'tacr Bond* of Clorardsla School Buildin* Corporation. an Indiana corporation: Denomination $1 000 each: Dated August 1. 1S64 Bearing interest si • rate, or rates, not exceeding 4 *> tie- annum "he exsc’ ra'e. or rate*, to be determined by bidd:n«/. payable on January 1. 1»€5. Principal and interest payable at and semi-annually thereafter: Petuterable as to principal: The First National Bank of Closerdale. in the Town of Cloverdale Indiana Maturing serially on Januar* 1 in the years and amounts as follows: 1007 S15 OttO 1000-1074 incl. 20 000 1075-lOgO incl. 25 000 lggl-:»S4 incl. 30 000 1005-1908 incl. 35 000 1989-’.991 incl. 40.000 1992-1983 45 000 The bond* maturing on or after Jar. nary 1. 1971. vu . bonds numbered 76 to 775. both inclusive, are redeemable at the option of the corporation on July 1. 1970 or on any interest payment da e thereafter in whole or in part m inverse numerical order at face value tnereof plus the following premiums 5"> if redeemed on July 1 1970. or thereafter on or before - : -.9:4 4»e if redeemed on January 1, 1975 or thereafter on or before July 1. 1474 3% If redeemed on January L 14S0 or thereafter on or before July 1. 14*4 je> if redeemed on January 1. 14*5 or thereafter on or before July 1. 1989 1*9 if redeemed on January 1. 1990 or thereafter prior to maturity: plus ia each case accrued interest to the date Used for redemption on fifteen US' days previous notice in a newspaper of financial journal published in the City of Indianapohs. Indiana and the mailing of notices to the holders of registered bond* Interest on bona* so called for redemption will e#a*e on the redemption date fixed in aaid notice if funds are available at the place of redemption to redeem the bot.-da so called on the date fixed to said notice or thereafter when presented for Daymen* Each bid must be for all of said First Mortgage Bonds and must state the rate, or rates, of Interest which the bond* are to bear, not exceeding per annum, slated in multiples of 1* of 1% The bonds will be awarded to tbe highest qualified bidder who hat submitted bis bid it accordance herewith Not more than three different interest rates shall be specified in any bid. but a rate may be repeated without being considered a different rate A* difference between the highest and the lowest rates gpecified in the bid shall not exceed 1-1 2'*f Bids speclfylog two or me * e - - < * : also specify tbe amount and maturities of the bonds bearing each rate, but all bnwd* maturing on the same date shall bear the same rate. Bids shall set out the total amount of interest payable over the term of the bonds and the net Merest cost on the bonds covered by tbe bid. The highest bidder wifi be the one wno offers the lowest net Interest eost to the corporation, to be dedermined by compu’ina tbe total Interosr od all of tbe bonds to their matuntiea and deducting therefrom the premium bid. if any No bid for less than the face valua of aaid bonds, including accrued ln’ere»t from the da # ♦hereof to the date of delivery, will be considered. No conditional bids will be eonsidered Tba right ia reserved to reject any and all bids. If an acceptable bid 1* not received for the First Mortgage Bonds on the data of sale hereinbefore fixed, the sale may be continued from day to day thereafter, during which time no bids for lets than tha highest bid received at the time of the advertised sale will be considered. Each bid must be enclosed in a aealed envelope addressed to the corporation and marked on the outside "Bid for First Mortgage Bonds’’ and must be accompanied by a certified or caahier’a check in tbe amount of *7.750 payable to the corporation as a guaranty of good faith on the part of the bidder, to be forfeited as liquidated damages if such bid Is accepted and tbe bidder fails to take up and pay for the bonds. The checks of the un•uecessful bidders will be returned 1m. mediately following tha award of the First Mortgage Boods. The successful bidder shell make payment for the bonds and accept dehyery thereof within (S' days after being notified that the bonds are ready for delivery nt such bank in the City of IndiatMpolls. Indians ts tbe successful bidder may designa'e The First Mortgage Bonds will be regdy for delivery within thirty (36' day* gf'er the date of sale If tha corporation falls to have the bonds ready for delivery prior to the closing of banking hours on the thirtieth dgy after the dg*e of sale ♦he bidder may secure the release ef his bid upon request in writing filed with the corporation The inquahfied approving opinion of Tee Miller Dongdio A Rygr 'formerly Ros* McCord Ice A Miller', bond counsel of Indianapolis Ind-.ana together with a transcript of ’he proceeding* relating to the i«suanee of said bond*, printed bond form* and closing oa per* la the u*ua! form showing no lltisa’ion que*tir,mng the yghdity of the bonds will be furnished to the successful bidder at the exprn*e of the corporation Clovcrdalc School Building Corporation was organired for the purpose of erecting and leasing a school building to Cloverdale Community Sehoo’s. wmch said last-named school corporfiop. Cloverda'e O—MUaitT Scbooll ha* been reorganized and now exists as Cloverdale Community School Corporation AIT action ha* been taken and the bonds are issued in compliance with the proTisiona of Chapter 273 Art* •f the Tnditna General Assembly of •4 arc acta amenaatory tneteof and supplemental thereto The bonds will be secured by a monetae indenture to The First National Bank of Cloverdale Clovernale Indiana and will be subject to the term* and provision* of said indenture All bidder* shall be deemed to be advised as to the provisions of the above mentioned indenture The property to be covered by the mortgace ha* been leaded for a period of thirty <301 years 10 the aforesaid Cloverdale Community School Corporation at an ani.ual rent of *49 000. plus payment of all taxes and assessments, which rental is parable semi-annually on June 30 and December 30 in each year, commercing with the completion of the school building to be erected thereon All bidders shall be deemed to be advised as to the provisions of said lease *sd bonds constitute an indebtedn*s* only oi Cloverdale School Building Corporttion. ptTtbl# io accordance with the terms of the above mentioned Indenture and the provisions of the afo-esaid Chapter 273 of the Acts of 1947. as amended Under the provisions of the aovermna statue tbe First .Mortgage Bonds and the interest thereon are exempt from all taxation in Ri-d-.ana. except, however, inheritance taxes. In the opinion of bond counsel, tinder the existing federal stautes. decision*. legulations and ruhngs the interest on the first mortgage bones is exempt from federal income tax. and tha issuanca and transfer thereof are not subject to federal documentary s-anap taxes A copy of the financial statement, lease and trmt indenture may be obtained by apphcatlon to Robert D. Risch. Tenth Floor. Ill Monument Circle Indianapolis. Inaiana Further information relative to said issue may be obtained upon application to Resell A. Boyd, attorney for the corporation. Hirt, Building. Greencgstle. Indigng. If bids gresubmuted by mail, they should be addressed to the corporation, attention of Mr James Routt. Secretary. Cloverdale. Indiana Dated this 25 da* of August. 1964. JAMES ROUTT Secretary Cloverciaie School Building Corperatloa

J-lS-Jt

GREENCASTLE, INDIANA

THE DAILY BANNER

The cheerful color and cool crispness of Waldorf salad has long made it a popular accompaniment salad. Vary this favorite bv making Waldorf Souffle Salad, shown here. Real mayonnaise, lime flavored gelatin and lemon juice give it a delightful piquant flavor. Use unpeeled apples for bright color, and serve on a bed of crisp lettuce leaves garnished with apple slices and walnuts.

Waldorf Souffle Salad 14 cup real mayonnaise

1/2 teaspoon salt

1 cup boiling water

1 (3-ounce) package lime

flavored gelatin

14 cup water

2 tablespoons lemon juice

1 cup diced unpeeled apple

14 cup diced celery V 2 cup chopped walnuts

Pour boiling water over gelatin in bowl; stir until gelatin ia completely dissolved. Add cold water, lemon juice, real mayonnaise and salt; blend with rotary heater. Pour into freezing tray or metal loaf pan. Chill in freezing unit until firm abouf 1 inch from edge of pan but still soft in center, about 20 to 25 minutes. Turn mixture into bowl and whip with rotary heater until fluffy and thick. Fold in apple, celery and walnuts. Pour into 1-quart mold or individual molds. Chill in refrigerator (not freezing unit) until firm, about 45 to 60 minutes. Unmold. Serve on crisp salad greens, garnished with apple slices and walnuts, if desired. Makes 4 to 6 servings.

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| FiMmore News Mr. and Mrs. Byron Kelley i I spent Sunday in Stilesville with 1 his mother, Roxie Kelley. The Social Circle met Thursday afternoon with Lessie Cox. Eight members answered roll call with “Where I First Attended School.” The hostess gave contests, which were won by Alberta Gorham, Lena Bryan * and Frances McGinnis. De■j lielous refreshments were served. Next meeting will be with Flossie Zeiner. The “Help One Another” club met Friday, August 28, with Mrs. Grace Arnold. Seven members and one guest, Dorothy Sears, enjoyed a delicious Pitchin dinner at noon. The work for th« day was setting quilt blocks together to make a quilt-top. Mr. and Mrs. Donald Tharp Of Great Lakes. 111., spent Labor Day holiday with his parents. Mr. and Mrs. Harry Tharp. Mrs. Effie Kennedy of Noblesville and grandson. James, visited Thursday afternoon with Mrs. Edith McKamey. James ts here from Mexico City to attend Culver Academy. The W.S.C.S. met last Thursday to quilt. Next Thursday they will meet to quilt and the regular meeting will follow j lunch. The pecans are here. Mr. and Mrs. Cecil Arnold have been visiting relatives in Greenwood. Mrs. Daisy Youngerman and Mr. and Mrs. Arless Decker of j Indianapolis spent Saturday with Mr. and Mrs. Cleo Schuck. After one week, the school enrollment was 527. The Mothers Club met Tuesday afternoon with Margaret Robinson with 17 present. The hostess gave a contest and served dainty refreshments. The Stitch and Chatter Club met Wednesday afternoon with Irma Morehart. Fourteen members answered roll call with “The Girls.” Lela Hunter gave contests which were won by Marjorie Oliver and Edith Ruark. The hostess served tasty refreshments. The next meeting will be September 16 with Ida Bowman. The boys of the M.Y.F., with their sponsor, Vernie Zeiner, had a “Work Day" Saturday. That evening they had a very enjoyable “Fun Night” in the Recreation Building, which was followed by a very inspirational candle-lighted worship service in the church sanctuary. Beth Anne Jones of Roach1 vHlle speht Sunday with her grandparents, Mr. and Mrs. Curtis Robinson. Mr. and Mrs. Dale Martin of Greencastle spent the week-end with the Puckett children while her parents. Mr. and Mrs. Frank Puckett and son. Jimmy, visited relatives in Virginia. Three new members of Bethel Baptist Church were baptized Sunday at the Grencastle Baptist Church. On Tuesday night Mr. and Mrs. John Buttrworth and family were surprised when his sister Camie George and eight children of Mundelein, 111., and his mother, Lillian Butterworth of South Bend arrived for a short visit. They left Thursday morning.

FINCASTLENEWS Many from here attended the State Fair the past week. Mrs. Nona Routh and Mr. and Mrs. Kenneth Shannon and daughters, Sally and Gloria, attended commencement at the Lincoln Chiropractic College in Indianapolis Saturday. Kenneth Todd, a nephew of Mr. Shannon, and Mrs. Routh. was one of the gradutaes. His home is in Australia and he will be returning there to go in partnership with his father in this work. Miss Sharon McGaughey received a bad burn on one hand while working at the Y Palace. She and her sister, Judy, are preparing for school in State College at Terre Haute. Paula and Jay Houston are visiting their grandparents, Mr. and Mrs. John Williams.

HEALTH CAPSULES bv Michael A. IVlli, M.D.

IP V0U HAVE A BA9 COUGH PUE TO SMOKING, HOW LONG AFTER YOU QUIT SMOKING P0S£ IT TAKE TO IMPROVE ?

IMPROVEMENT 0PTEN P0E£NT &EGIN FOR SEVERAL WEEK* OR MONTHS. IT MAY BE 3 OR 4 YEARS BEFORE MAXIMUM IMPROVEMENT 14 REACHES?. M0NPAY: CURING SKIN CANCER. C«psul«s giv«s h«lpful information. Jt it not intondad to bo of a diagnostic nttur*

Miss Nancy Borden left Sunday for Miami College in Ohio. David and Ann Corley have been visiting their grandparents. Mr. and Mrs. Howard Myers. Earl Bridges received a gash to his hand this week when he was tusked by a hog. Miss Mary Frances Cooper of

Greencastle visited Mrs. Verna Miller Friday afternoon. Sunday afternoon callers on Mrs. Olive Baird were Mr. and Mrs. Floyd Graham. Mr. and Mrs. Joe Baird. Douglas and Sara and Laila Scott. Mr. and Mrs. Leonard Boiler were guests of Mr. and Mrs. Reuben Boiler Sunday.

James Mandleco attended the coon hunters meeting in Greencastle. Mrs. Verna Miller called on Mr. and Mrs. Fred Allen in Cloverdale recently. Some of the winners at the State Fair were from here. Earl Bridges received a second on a hog. Michele Bridges earned a

blue ribbon on sewing and Shirley Asher received a red ribbon on home furnishing. Mr. and Mrs. Fred Hall and son, Floyd, and Mrs. Olive Baird attended the State Fair Saturday. Mrs. Mae Priest and Mrs. Alice Keck had supper in New Ross Saturday evening.

VALENTINE LEAN TRIMMED TENDER SMOKED

HALF-WHOLE

or BUTT

HAMS

Lb.

soTrce of savings - ! ON THE SQUARE g

STARK & WETZEL

WIENERS “49

SWEET HICKORY SLICED BACON, lb. PURE PORK

■ • ■

39c

SAUSAGE, lb 33c

Pork Cutlets Pork Chops

NO BONE NO WASTE LEAN CENTER

Lb.

Pork Loin Roast ten end oin Lb 49

69 CHUCK

ROAST

ib 79

MINUTE STEAKS, lb. . . 69c FRANKS, IbTT 39c BOLOGNA, Ib. 7 39c Spiced Ham, Ib. 49c TENDER JUICY

BONELESS STEW BEEF Ib. 63c

LEAN MEATY BEEF TO BOIL Ib. 23c

BEST BLADE ib. 49

LITTLE SPORT

Biscuits c™ 7 C

SALAD MATE

Rib Steaks ^ 79' Salad Dressing q* 19

WHITE GOLD

Sugar 5 SAVINGS 1

Lb. Bag

1 PARTY

s 45,000

00 IN PRIZES

/•»» « Se »* I •**•*

2 Reg. 49c With Coupon iplGIA

57c

2 Reg. | with coupon

^ 26c

—TaI

With Cpuppn

MIRACLO

BLEACH, Vi gal 33c

FIRESIDE

EV MNS\SAVES y YOU GET 2 J REDEEM HISTORICAL < YOUR 'DOCUMENTS JCOUPONS JUST FOR J ..rrTr ENTERING H HERE

4 REG 50c With Coupon

FigBai’s2 Lb '‘»39 c

Giant Size 61c With Coupon

AMOUR'S STAR

CAMPBELLS TOMATO SOUP, can . . . 10c SWIFT’NING, 3 Ib. can . . 7 55c DAUNTLESS 303 PORK & BEANS . . . 2 for 29c

Hi-C 12 Oz.

-Ta*t«* og Ff? esH perkedi

CHILI with BEANS, can . 31c

MORTON BEANS

OVEN BAKED, can . . 25c CAT LIFE CAT FOOD, can 10c

LITTLE LYNN 300 CAN

RPdPS 7 Varieties 10 C _ iW COMO TISSUE O O SLICED PINEAPPLE 2 fOf 49C 4 ROLL PKG. ^*1 M

HANKIE PACK SCOTTIES

Drinks a. *| Q 1

■ ■ ■ • t ■

TALL CAN An MILNOT . , 6 Oz. INSTANT 10c OFF GIANT 89c SALVO . .

10c 10c 69c

Del Monte RAISINS sc boxes . 6 for 23c COMPLETE LINE OF CANNING SUPPLIES COMPLETE LINE OF

INSECTICIDES

GOLDEN RIPE

JONOTHAN

BANANAS-10 t APPLES4-*49

ALL PURPOSE WHITE

CELLO BOY

Potatoes carrots 10

IJ». Ila<*

SUGAR SWEET

PEARS •» 19