Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1814-08-06
NOTICE.
Treasury Department,
July IS, 1919.
NOTICE is HEREBY GIVEN.

seAy 81 AoASs y
NOTICE is HEREBY GIVEN.
<HAT proposals will be received bv the
= Secretary cftke Treasury until the GOD
Gay OF August next, for loaning 10 the u.
nited States the :ln of SIX MILLIONS Of
dollars or any part thereof not less that
twenty-five thousand dollars the same be-
ing III part OF the sum of twenty FIVE mill,
ons OF dollars authorised to be borrowed by
last. 10y u - '''' eA
The stock to be issued for the money
.oaneu WIN bear an interest. of six per cent
r. "um, pay able quarter yearly; and
the proposals must distinctly state the ar
mount OF money offered 20 be loaned. 81 the
rate at which the afore sa,d stock will be re-
ceived for the same.
Inc amount loaned Is To be paid into a
uank or oanksautho fised by the Treasury,
!" instruments, IN II e following manner, viz.
one Iourtn part or twenty FIVE dollars on
e sc hundred dollars, ON the tenth day
OF Septembe NEXT. u =, : =
anu one iour' n part, on the tenth day of
Saon ot tn ensuing months of October,
Nosemoe and December next.
on .ne ia j. fixed for the payment of the
nIs. or any other instalment, all the re
snah rs instalments may be paid at the
.rkp m of the lender. ~ II,
h.I, proposals must state the bank OF
oauAs into which the lender ma, desire to
.n his payments |; and he will be allowed
~, 4ake them according to his wishes thus
- pressed, in all cases where the convenience
the Treasury will permit.
The same terms will be allowed to all
whose proposals are accepted.
No proposals will be received for sum
less than twenty five thousand dollars; but
commission of enc fourth of one per cent
will be allowed to eny person collecting sub
scriptoDs for the purpose of incorporating
them in one proposal le the amount oftwen-
ty-five thousand dollars or upwards, provi
ded such proposal shall be accepted.
On failure of payment of any instalment,
the next preceding instalmentt to be forfeited.
All the instruments must be paid at tn.
same Bank as that at which the first install
ment shall be paid. t4(
Scrip ce' tiicates will be issued by the
Cashiers of the Banks where the payments
shall be made, to the persons making the
dorse on tn 5. certificates the payments of
che several ins'alments when made,
The scrip certificates will be assignable
by endorsement and delivery and will be
funded after the con petion of the payments
upon presentation t. the Com missioner of
Loans for the state where the payments
have been made,
Certificates of funded stock will also be
issued, IL the holders of scrip certificates
shall desire il Tor the amount of any instals
mentpaid. after the payment Of this next
succeeding irsta!ment.
The funded stock to be thus issued will be
irredeemable, till after the 31st day OF De.
cenber 1926 (; will be transferable in the
same manner. ssthe othet funded stock of
the United ares, aud will be charged, for
the regular and quarterly payment Of its
interest. and for the ultimate reimburse.
fnent Of its principal, upon the annual fund
of eight millions of dollars appropriated for
the payment oftbe principal and interest of
the debt of the United States, in the manner
pointed outiu the aforesaid act of the Gath
OF March, 1914
q. w. CAMPBELL,
Secretary of the Treasury
~ Sabserihfioss are received at fhe
Bank Ut Hhgiuia. at Richmond.