The enquirer. [volume] (Richmond, Va.) 1804-1815, 1813-09-14
NOTICE.
TREASURY DEPARTMENT.

AUGUST SOTU, 1918.
ET7HEREAS by an Act Of Congress, passed. on
Wv the 9i day of August. 1915, the Presiden; of
the United States i, authorised to- borrow, the
credit of the United States, = not exceeding
Seven Millions Five Hu1irei thousand Dollars -
AND WHEREAS the President of the United States
did, by an act commission under his hand, lated
the 9TH day OF August, 1873, authorize and empower
the acting Secretary of the Treasury to borrow
behalf OF the United States the qtcrc said Of Sc
ven millions five hundred thousand dollars, pursuant
to the act OF Congress above reeifri:
PUBLIC NOTICE Is THEREFORE, HEREBY
GIVEN,
That proposals will ne reserved hv the acting Sc
cretary of the Treasury until the fypen,y.fth day
Of September next, from any person persons,
body or bodies corporate, who offer, for them
selves or others, to ION to the United States the
whole or any part, not less than one hundred thou
sand dollsrs, of ths aforesaid sim OF seven millions
Eve hundred thousqrd dollars.
The stock tn be issued FOR the money loaned. win
bear interest Of six per per annam, payable
quarter yearly, and the proposals must distinctly
state the amount of 'nsrey o rsd > ,oa7cd, ard
che rate At which the aforesaid stock will be re-
ceved for the same.
The amount b.sned is 10 be paid into bank or
banks authorised 10y the Treasury, in instruments,
in the following mapner. viz.
Oae eighth part, or twelve dollars and CITY cents
on each hundred dollars, on the 18th day of
October next.
One eighth part, on tine 18th DAY of November
next.
One fourth pert. or twenty-five dollars on each
hundCed dollars, the 18th day of each OF
the ensuing months of December, January 81
February next
The proposals must specify the place where the
money is TO be paid.
If proposals differing in terms from one another
should be accepted the option viii he allowed to sny
person whose proposals may BE accepted, of taking
the terms allowed to any other person whose aropo.
sails may be accepted.
No proposals will be received for a 81 IN less than
one hundred thousand dollars buta commission of
one eighth Of per cent. will be allowed to any
person collecting subscriptions Tor the purpose of in
cooperating them in proposal to the amount Of
one hundred Thousand dollars or upwards, provided
that such proposal shall be accepted.
A commission oe one eighth of one per cent. will
also be allowed tn the Cashiers of The BANKS where
the payments shall be made; who will issue scrip
certificates to the persons making the payments &
will endorse thereon the payments of the several in
stslments when made,
1, On failure Of payment OF any nata!ment, the next
preceding instament TO he forfeited.
The scripcerthcates will be assignable BIZ en-
dorsernent and deliyery-snd viii be funded after
the completion of the payments, rpon preservation
by the proprietor 40 the commissioner of loans for
the state where the payments have been roade.
Ike funded stock to b. thus isssIsd, will be ire
deemabie till the 31st day If Dece mber, 1S25---wi
be transferable in the same manner as the other
funded stock Of tie United States. and will ne char-
ec for the regular and quarterly payment fits nte-
rest, aud for the eventual Reimbursement of its
principal, upon the annual fund OF eight millions of
pal and interest o the debt Of the United Ststcs in
the manner pointed in the aforesaid act OF the
% Of August, 1878.
w JCNFc