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I <br />SPECIAL MEETING <br />August 28, 1953 <br />The Board met at 200 P.M. C.S.T. Friday August 28, 1953, in the office of the <br />Board of Public Works and Safety., Room 7, City Hall, for the purpose of receiving and <br />opening bids for the sale of $150,000.00 in municipal bonds of 1953 for the Sanitation <br />Department of the City of South Bend. One member, Mr. Ray S. Afidrysiak, was absent. <br />Sealed bids were received, each bid being accompanied by a certified check in the <br />amount of $1500.00, and were opened by the Board as follows: <br />BACON, WHIPPLE & COMPANY <br />CHICAGO, ILLINOIS <br />Bid offered a premium of $45.00 and an interest rate of <br />1-7/8% per annum. <br />PLETCHER TRUST CO. <br />INDIANAPOLIS, INDIANA <br />Bid offered a premium of $181.00 and an interest rate of <br />2-1/8% per annum. <br />BRAUN, BOSWORTH & CO. <br />TOLEDO, OHIO. <br />Bid offered a premium of $111.00, plus $99.00 <br />additional premium authorized by telegram, and <br />and interest rate of 2f per annum. <br />MERRILL, LYNCH, PIERCE, PENNER & BEANE, <br />INDIANAPOLIS, INDIANA. <br />Bid offered a premium of $28.28 and an interest rate of <br />1-7/8% per annum. <br />The bid of Bacon, Whipple & Company was accepted. <br />Meeting adjourned at 2:45 P. M. <br />Attest: <br />Clem <br />• <br />• <br />• <br />