The enquirer. [volume] (Richmond, Va.) 1804-1815, 1813-09-10
NOTICE.
TREASURY DEPARTMENT,


HHEREAS by nm Act OF Congress passed on
w the @ day Of August 1913, the President of
the United States is authorised to borrow, on the
credit of the United States, sum not exceeding
Seven Millions Five Hundred Thousand Dollars -
AND WRERsAs The President OF the United States
did. by act commission under bis hand, dated
TIE 9TH day of August, l8l3, authorse and upower
tie sctag Secretary of the Treasury to borrow on
behalf of the United Stl.es the sore said sum OF Sc
ven millions Ave hundred thousand dollars, pursuant
to the act % Congress- above rcc;ied:
PUBLIC NOTICE Is THEREFORE, HEREBY
GIVEN,
That proposals will be received by ire acting Se
c"etsry Of the Treasury until .hc tvoen.yJfik day
81 September ae.et, from any pers0n or persons,
Body or bodies corporate who may oifar, tor them
selves Others 10 loan TO the Unst-d States, the
whole aay part, not less thsn one hundred thou
sand dollars, Of the aforesaid OF millions
Eve hundred Thousand dollars
The stock to BE- ,siued for the money 'osnsd, will
bear interest OF SIX per cent per aanums payable
quarter yearly, and the proposals nust distinctly
state the amount of aeneJ offered to be loaned, and
the rate at which the aforesaid stock viii be re-
eaived Cor the same.
The amount losned is to he paid into bank or
banks authorised Ivy the Trearovy, in instruments.
in the following manner, viz.
One eighth part, or twelve dollars and hfty cents
on eash hundred dollars, on the 18th day CT
October next
One eighth part, on the 18th day OF November
next.
One fourth part, or twenty-five dollars on each
hundred dollars, ON the 18th day OF each oil
the ensuing months of December, January *
February next.
The proposals must specify the place where the
money is 20 be paid.
Ii proposals differing in terms frora one another
should be accepted the option viii be allowed to any
person whose proposals may be accepted, OF taking
the terms allowed to any other person whose RrOpo
sails may he accepted.
No rroposss will be received for sum less thsn
one hundred thousand dollars but commission Q!
one eighth OF one per cent. will be allowed TO any
perlon collecting subscriptions for the purpose al
cooperating them in proposal to the amount al
one hundred thousand dollars upwards, provided
tiist such proposal shall be accepted.
A commission of one eghtl of one per cent vii
also be allowed to the Cashiers OF the Banks where
the payments shall be made; who viii issue scrip
certificates 10 the persons making the payments,
will endorse thereon the payments OF the several in
stsiments when made
On failure of payment of eny insta!nent, thc mex
preceding iDstalment 10 be forfeited.
The scrip-eortifcates will be assignable by en-
dorsemeut and delvery--and viii be funded after
tlse completion of the payments, upon rressk s;in
by the proprietor TO the commissioner Of oaSs TO.
the state where the payments have been made
TIE funded stock to be thus issued, will be ire
feemubIe till the Sl,t day of December, 1sl5-wiI
be transferable in the same manner as the other
funded stock of TIE United States and viii be charg
e. for the regular and quarterly payment Gifts int
rest, aud for the eventual reimbursement of it
principal, upon the annual fund Of eight millions o.
dosFs appropriated Cor the pay Tnent of the prnci
pal and interest Of the debt Of the United States, il
the manner pointed out in the aforesaid act OF th'
I'd Of August, 1915.
w JONES,
.dcti"g Secretary Of the Treasury.