The enquirer. [volume] (Richmond, Va.) 1804-1815, 1812-04-28

TO wit
LIST. Books for receiving subscription to loan or
eleven millions OF dollars for the of the United
States shall be opened the first day Of May next
1T Portsmouth, New Hampshire
at the Union Bank.
1T Boston, Massachusetts,;
at the State Bank,
Union Bank,
Massachusetts Bank.
1T Prevalence, Rhode Island
at the Roger Williams Bank.
fit Hartford, Connecticut;
at the Bank of Hartford.
lit the Ctty of .Neso Yofa
ut the Manhattan Com pany,
Mechanics Bank.
at the Bank of Pennsylvania,
Farmers and Mechanics Bank
at the Bank Of Baltimore,
Commercial s Farmers Bank
-9ftke City ofEashinSton;
at the Office of the
Ran!. OF Columbia
1T Richmond Virginia;
at tho Bank of Virginia.
ut Charleston, South Carolina;
At the State BauE,
Planters .,,t Mechanics Bank
winch BOOKS shall continue open for receiving sub.
scrlptions dn,ng the ordinary hours Of transactins
business at the said Banks for two days. Ii mora
than eleven inions Of dciIars in the wso.e shall he
subscribed She surplus shall be detiuc ed in propor-
ton 10 the sums subscribed in each place respectiye-
iy by reduction Of the sbserif ions ecedns four
thousand dollars.
Q. For every hundred dollars which may be s,.5.
scribed, there shall be PAID at the time of sbscr.
bng, the sum of twelve dollars and fifty cents, and
like sum Of twelve dollars and fifty cents, on the
fifteenth day OF each of the ensuing months OF June
July, August, September, October. and DECEMBER,
one thousand eight hundred and twelve, respective
tiy. Each subscriber, ut the time of paying any Of
the above instruments after the first, may pay all
any number OF the subsequent instruments AID viii
be en'ited to receive interest the rate ofsix per
centum per 8nnum on the amount thus paid from
The time OF actual payment.
s. On the iailere of payment of any instrument Of
tie sums subscribed according to the tenor OF the
con' article, the next prece;lng INSTRUMENT oitwevo
dollars and fifty cents which shall have been paid
Tor every hundred doars subscribed shall be forfeit
ted to the U. S.
4. Ii any subscriptions shall be reduced in conss.
anenee of greater sum than eleven millions OF dol
lars being subscribed, conor'nably the first aiti-
Gle, the amount OF such reduction shall be forthwith
returned to the subscribers from whom such reduo-
ton shall have been made.
D; Each subsequent instrument must be paid
at the same Bank at which the original subserip-
ton was made and where the first instalmcnt was
aid
g. For such sums or number of shares of one hun.
dred dollars, may be subscribed, tie Cashiers OF
the respective banks, within twenty days .ftcr the
time OF subscribing, shall give certificates stating the
sums subscribed and payment made, and on which
the payments of the subsequent instruments when
made shall be respectively endorsed which certi-
Gates shah be assignale BY endorsement and delive-
/
until the completion of the payments required by
the tenor of the second article.
q After the completion OF the payments aforesaid.
the proprctors of the certificates OF the Cashiers
wach such payments have been completed, on sur
rendering the same az the Loan Office OF the state in
which the subscr ption and payments shall have been
made, shall be entitled to receive from tie Commits
sioners OF Loans s vatni siurfSs
bearing an interest of SIX per centm per snuuIn
from the time when the gad instalmcrs shall have
been pad respectively, and payable quarter yearys
at the several i-oaf Offices at the Treasury OF the
United States where the may stand cretliteds
which certificates 81 funded capital stock shall be is
sued in sums of one hunlred, four hundred, one
thousand, four thoussrd ten toussnd dollars, at
the option o the proprietor and shall be transferable
by the creditors their attornes duly constituted at
,hc Treasury and Loan Offices respectively, in the
same manner rs the present funded debt of the Unit
ed States, and in pursuance of tbe rules which have
been, or which may be cstabliJ,td re.itiye to the
transfer of the said debt
8 After the payment Of the fifth instalment such
OF the propretors of the certificates OF the casierss
OF four hundred dollars and upwards, as May then bs
desrous OF funding the same, may, on presenting.
them at the Loan Office of the state in Which the SUBJ
scriphon and payments shall haze been made re-.
eeive from the Com nissinner OF Loans, certificates
Of funded capital stock of the description sforessds
for the amount OF the -four first insta.ments, or ono
moety OF tae sum expressed in tie slbscnti"" ~-,s
ti;sseatts.
o. After ths last ~, Necember in the year one
'hohsahd eight hundred and twenty-iou. anu ".ter
reasonable notice TO the creditors, which, shaii ~"
en- by an advertisement in some pubic newspaper
printed at the seat of the government of the United
States, the said capital stock sall be rcdeeaabc as
the pleasure of the United States, by the reimburse
ment Of the whole which may at that time stand
credited TO any proprietor on the books of the rea
sury OF the Loan Offices respectively.
10. So much of the funds constituting the annuaf
appropriation of eight millions of dollars for the ny
neHt of the principal and interest Of the public debt
Of the United States, may be necessary fo the
q! q in npafn
ment Of the principal Of the stock to be created
der this contract together with the faith Of the Unit
cd States for its due fuflmept, hereby pledged
in pursuance of and according 60. the terms ant
dons OF the Vet of Congress herein before rectcd.
Given under my hand and the seal Of the Treasury
Of the United States, at Washington, this tr-
SEAL. first day 0f Iarcb, thousand eight hum
dred and twelve.
ALBERT GALIATJN,
SecyHary Of fhe 3reasary.
April z. wtM2