The enquirer. [volume] (Richmond, Va.) 1804-1815, 1813-03-05
N.EW ADYER7ISElfEN-Y,S.


preclude the United States from reimbursing any
sum or sums thGs borrowed. ut any tine after the
eSpira,on OF twelve years from the FIRST day of Jan
nary, one thousand eight hundred and four,cen.--
AND WHEREAS by the said act, so much of the
fhnis constituting the annual appropriation OF eight
millions OF dollars, for the payment OF the principal
anu interest OF the public debt ofthe United States
AZ may be wanted Tor that purpose, after satisfying
the nece,ssry for the payment OF the interest
nnt such part oil The principal OF said debt the u
States arenow pledged annusily tn pay and re;n-
barsos rs pledged and appropriated Tor the payment
OF the interest, and for the reimbursement =. the
principal Of the Stock now to he created, st, the
faith o. the United States il pledged to establish
sufficient revenues for making up amy deficiency
that may hereafter take place in tn. funds now
appropriated fov paying the mteres, * principal :,
fforsssid. AM WHEREAS this President of the u
Sts,es did, by an actor commission under his haud
dated the scyentsetl, day of February, thous-
and eight hundred and thirteen, authcrise and rn-
power the secretary ofthe treasury TO borrow, on
behalf otthe UG'ted States, sum net exceeding
In the whole axteen riiors of dosrs, * to make
tiie necessary contracts for the same, pursuant 60
the act of Consrcas above reeited.
Now THERBroRE, the undersigned, secretary
oil the treasury, IN pursuance Of the act of congress,
and the authority from the President oith Uni
Ted States above mentioned, doth hcrety, on be-
half OF the United States, contract and engage ia
manner GLOWING, to witt
I. Books 'or receiving subscriptions 10 q loan of
sixteen millions of dollars for the OF the Uni
Red States, shall be opened the 18th day of
March next,
At Portsmouth, NJ H-At the New Hampshire
Union Bank
At Salem, -,fass.-At the Merchants Bank.
At Boston .Hass.-At the State Bank.
AT Providence, II. AT the Roger Williams
Bank.
AT the City Of .Nesu York--At the Manhattan
Company, and the Mechanics Bank.
AT .3ibany-At the New York State Bank and the
Mechanics and Farmers Bark.
AT Philadei6hia--At the Bank Of Pennsylvania,
the Farmers and Mechanicks' Bank, aid the
Philadelphia Bank.
At Raitintore-At the Bank of Baltimore, the
Commercial and Farmer Bank, and the Union
Banl. of Maryland.
At the City ef Washmgt9n-At the Bank of
Washington, and the Office of the Bank oil Col
ht RichmOnd, Vlr.-At the Bank of Yitgi.
MIA.
Al Charleston, s. Cat the State Bank, and the
Planters and Mechanieks' Bank.
And at any other Incorporated Bank in any Of this
aoore named cities towns, which shall open books
Tor reseivins subscriptions SIS aforesaid, aud give
pIbsc netce thereof
Which books shall continue omen for receiyinr
subscriptions during the orl!nary hours oc transact
lng business At the sad banks, Friday the twelfth
ana Saturday the thirteenth day of March next.
~ morn tas" sNt@f'' .-.o-- ~ .lo,iar3 !E the whole
shall be subscribed, Tie surplus Shall be $500
IN proportion TO the sums subscribed in each place
respectively, by reduction OF the subscriptions ex-
caeG'hS four thousand dollars Bat nc reduction
shall he mafe, of the subsoiictions made by any
persons or bodies corporate, holders at the time OF
subscribing of stock issued H.drr the act or March
IL, 1919, cn,~'i cer cent stOck oI 1872; un-
less the aggregate oil ti.Gr su1scrp-i- o,...'d cy.
cse.i sixteen millions in which case the surDr,
snail BE deducted by 4 reduction of the pro
p0rtiona'y highest Subscriptions. Il any subscriu-
tion shall be thus reduced, the amount Of such
reduction shall he forthwith returned 20 the sub
seriber from whom such reduction Shalt have been
made.
9. No subscriptions will be received for A sum less
than one hundred dollars, nor for fractional part
of hundred dollars
For every hundred dollsrs which NAV be sinh.
scribed, there shall be paid II the time of sulscri.
bing, twelve dollars and fifty cents and a Ike sum
OF twelve dollars and fifty cents the first day of
each OF the ensuing months of April, Nav, June
!uly, August, September and October one thous.
and eight hundred and thirteen, respectively. W
Each subscriber, at the lime of paying any Of the
above instruments after the first, may pay ai or any
number OF the sub5equent instruments and will be
entitled 10 receive interest at the rate of six per
csntum Per annum On the amount thus paid, from
the time of actual payment
a; On the failure of payment of any insta!inent
OF the snhs subscribed according the tenor OF tla
third article the next preceding instrument OF twelve
dollars and fifty cents, Which shall haze been paid
for every hundred dollars Sc bscribed, shall be Tor
feted TO the United States.
5 Eacl. s-c:;:Siit instrument must lie maid at
tha same baHk nj which the original sub.criD-
ton wa, made. and where the first ilsalnent was
paid.
&. The cashiers of the respective banks where
subscriptions received sha !, within twenty DAYS
6ter the tlne OF subscribing, give certificates stating
me SUES subscribed and payment inade. and on
winch the payments OF the subsequent instruments
when made, shall DC respectively endorsed Which
certificates shall be assignabIe by endorsement AMI
delivery o tGe parties in whore favor they mGv he
iesned u'i'h The completion Of the payments nc pair
ed BY the tenor Ct Uis third article.
2. Alter e completion of the payments arore.
ead, tc 2T"prietoia oi the certificates of the easi-
ier', on "i'ch such payments have been completed
%" surrcnaorir The at the loan Office of the
sihte h w'ic tie sGbsc triton aud payments shall
haze 'e~n 'o"I@. 5u" We entitled TO receive from
tbe eomIr--inrei'rt loans, certificates IT FUNDED
C PITAb 70 tx ior the ar.Ount thus subscribed
HHo pHil, b imG "a interest ~ SIX per Cetuin per
Snnd'n iron. III" toe when the said shall
have been pad frspecti'ciy and PAYABLE quarter
yearly az the se"cfi loan Offices, 1T the treasury
o. the United States, where the may stand ere.
died And SHALL moreover receive from the com
missioner Of ioans, certificate emitting such pro
pF1ei0r to "a ANNUITT or animal sum, pavabI |
quarter yearly Tor thirteen years, commencing on
TOE irst day OF january, thOusand eight hun |
cred aud thirteen, at one dular on every hundrcd
dollars thus subscribed and paid which cctifcatesl
o. annuity shall constitute separate arl distinct |
stock, ant may i'e sold, assigned and transferred to
snd from Tie books OF the treasry &c the seye-
raj iUan oinecs, separately and dis.ineay from the
aforesaid funded capital six PER cent stock Aud
the sud funded capital stoek aud The said anniiti-s
shall be transferable ny their pectivs roprietors
IN person. o. by their a'tornic9 duly constituted in
We same manner as The present funded debt of the
Ontcd states, and in pursuance Of the rules which I
have besr, or which IGgy &c established relative 10
the transfer of the said dtm.
T. After the payment UG lie nffl isfal,n mt eus',
Of tAe rropri"'ors of the certificates of tic oashsr.
OF two hnadred dc!'ats and uwarsle rs nav then he
Hfarr fH,Ffs