The enquirer. [volume] (Richmond, Va.) 1804-1815, 1807-06-10

rount oi principal OF the ftoek thus ubfcr,bcd whch
fall repan unrsdsened the day Of fuch fubfcrp-
tion, bearing an interet of fix per eentum per
mum, payable qaarreryr from the fri day Of
the quarter. during which fueh fusfcription fhall
have been made, transferable in the fame MANNER rs
s provided by law for the transfers Of the ftock fub
fcrbed, and inbjea to redemption the reaiure os
the United States: PresddsS. That no Jingle cefti
esie hall be iilued for amount greater than ten
thouiand dollars And preceded Ja,fber Fha, no re-.
ir,burienent ihsli be made except for the whole
mount OF any fueh new certificate, till after at
ea liz months previous public notice oflueh intend
ed reimbursement a- -s.l
Sec 8. Anl be turtle, rnaG7e1 That for the whole
or any part OF any FUN which iha thus be fubicribed
in three per CERT Gook, credits all lkewifc be en-
tered to the respective fublerbers; and the fubferi-
Der, or iaberibers, fali be entitled to certificate
purportng that the United States owe to the holder
or holders thereof, his, her, their afhgns fun,
TO be expreiled therein, equal fxty five per cen.
tum oil the amount OF principal Of the ock thus fuu
ieribed bearing an insere of fix per centi per an
mum, PAYABLE garter yearly, from the FRI day of
the quarter daring which faeh iuhfcription fhali
have been made and transferable and fubiect to re-
denrnon IN the fame manner, and under the fame
regulations and rettriaons the flock created by
the preceding ietion of this act Psovidsd That no
part oil the flock thus created iall be remburiable
without the ailent Of the holder or holders of fueh
nock until alter the whole OF eight per cent and
tour anda half per cent nocks as well as all the fix
per cert fock which may be created by virtue of
the preceding lection, iha have been redeemed.
Sec A. ind be IL /nrfbty enai7fd That the commit
iioners OF the linking fund hall be- and they arci
hereby authorized to appoint agent in London and
another in Amlerdan,, whole duty il iha be TO re.
eeive subscriptions and transfers. and to fue lew
certiheates IN the manner, and at the times above
mentioned and as the officers of the treaury depart
msnt, or the eommitioners of loans NIGH, do; that
is TO fay, the agent in London in favor of Iucf ock
holders reiding IN the don,inions of Creat-Britan
IN Europe, and the agent in Amlerdam in favor of
iual ifoekhoders reliding in any other part OF Eu-
rope, asmay respectively become fubfcribsr.: Pro.
vded hat the certificates aued by the faid agents
HAL bear interet only from the ir day of the quar-
ter next fuoeeeding that in which the fubicrip,ion
ha have taken place, and that in relation TO fbcrp-
tons made in old fix per cent. or deferred aocks
the iurns expected in fuch certificates iall be
quai to the amount OF the principal of the old fix per
cent. or deferred Rocks thus fubfcribed which fla
remain unredeemed after payment of the dividend
payable on tuoh rock, on that day from which the
ntereit on the new certificates fhal commence The
foreign stockholders thus fublcrbins with either OF
the aid agents. fha he entitled to receive the dvi.
dend in the old ix per cent deferred or three per
cent. Rock iubicribed by them, respectively, which
fhall be payable that day, from which the intere
on the new certificates ihall commerce. And il fl,a
be the duty of the fad agents, respectively to trani
mt. before the end of each quarter, the regiier
oil the treaury and to the fcveral commilioners of
loans, respectively, trpicatc abaratas of the cert6
Gates oil flock iubicribed, and Of the new certificates
iiued by them, during fach quarter, in order that
the proper credits may be entered on the books of
the ueaiury, and OF the commloners of loans as the
Gateway be, to the holders ei fuch new certificates
And the faid agents, before they enter upon the ex
ecutIen O. their evera offices, fha respectively take
an oath or affirmation for the digent and faithful ex
ecution OF their true, and iha!l alto become bound
with one or more iureties the atisfa6fion of the
conmiioners Of the linking fund, or the fecretary of
the treaiury, in the penal FUN of twenty thouiand
dollars, with condition for their good behaviour in
their fad Offices.
Sec o. And beh furtber ENABLED, That the holders
OF old fix per deferred OF three per cent oek
VINO may hscons fubicrlbers, aforelad either in
the u States, or IN Europe, and who, on the fr day
OF July next, aud ALTO the day of the iubicrpton.
mail be reiident in Europe, may, at their option.
which mutt be made at the time of iub(eribirg re-
ce've the interei aeoruing the nock created bv
virtue OF the preceding etions of this ac, either in
the u Statei, other creditors, or at London or
herdam that is to fay, the ftockholders reiidne ar
the TIMES aforementioned in the doninions of Great
Siita'h III europe, at London, az the rate of four
ihiilings and fix pence herDg, for each dollar and
the Roekhoders reiiding, the times abovenent;on
| ed, IN any other part oi Europe,at AmGerdam, and
- VI 'No Sui'aeis aiIo naI guIGer,
| money OF Holland, for each dollar in which Ian
mentioned option the condition fhall be sxprefed il,
the new eertieates TO be ued and the credit or
DTS to be gwen TO the popretors thereof hall be
catered, and hail thereafter be transferable only on
the books OF the treaury; Ptovi9e1 Bszyerer That
the lntereit thus payable in London and Amfterdam
mall not be payable until the expiration of fix callen
dar months from the day which the fame would
be payable IN the United States and llal be fubieG
to deduction OF one half of one per cent on the
amount payable, Tor commiion to the bankers paw
ing the lame 41d Prsriai aio That every propr;e-
tor OF iueh Rock may, On remembering his cert,6-
CATE receive another the fame amount the inter-
eft whereof ihal be payable quarter yearly in the
United States, in the manner as that accrun6 on the
ttotk held by rerfons reGding in the United States
Sec. 6 H"d be ii jhy:key enat7sd, That the fame
funds which heretofore have been, and now are
pledged, by Law, for the payment of the iuterea, &
Tor the redemption or reimbursement of the flock
which may be fubicrbed by virtue of the provifions
OF this act, ihall remain pledged for the payment of
interef atcrung on the hock created by reaion of
iuch iubeuption, and for the redemption or reim-
bariement OF the principal of the fame Ii ffall be
the daty OF the eonmifioners of the linking fund TO
eauie to be applied ard paid out of the ad fund year
ly, and every year, fuch fun, and fums, as may be
annually wanted to difeharge the annual inerea and
charges accrung on the itock which may be created
by virtue of this act. The faid conimifioners are
hereby authorized to apply, from time to time luch
FUN and iGns, of the faid fund.- as they may think
proper, towards redeemng, by purehaie, or by re-
imburlen1snt, in conformity with the proyiions Of
this act the principal of the faid Cock And the an
al FINN, e at,rh he ,,,sII. e !. n