Portland gazette and Maine advertiser. (Portland, Me.) 1805-1818, 1814-08-15
NOTICE.

Treasury Department, July 25, 1914.
NOTICE is hereby given, that proposals will
be received BY the Secretary OF the Treasur,
until the 22i day Of August next for ioaning T.
the United States the sum OF SIX MILLIONS
of dollars, or any part thereof, not less ;han
y five thousand dollsrs the same being in par.
Of the sam Of twenty five millions of dollars au
ihorised to be borrowed by the act OF Congress
OF the Oath day of March last.
The stock TO be issued for the money loaned
will bear an interest OF six per cent per annum
payable quarter yearly and the proposals mus
distinctly state the amount of money offered 10
be losned, and the rate at which the aforesaid
stock will be received for the same:
The amount loaned is to be paid into bank or
banks authorised by the Treasury, in instaimenls
n the following name, viz.
One fousth part, or twenty five dollars on each
hundred dollars, on the tenth Cay OF September
next.
And one fourth part. on the tenth day OF each
Of the ensuing months Of October, November &
December next.
Z, On the dsy fixed for the payment Of the first
or any other instslment. sil the remaining inst u.
men,s may be paid at the option Of the lender.
The proposals must state the bank or banks
into which the lender may desire TO make his
qsyments; and he will be allowed tc make them
according to his wishes. thus expressed in all
eases where the convenience Of the Treasury
will permit. ;,
The same terms will be allowed to sll whose
proposals are accepted. -
No proposals will be received for sum less
than twenty five thousand dollars but q com
mission OF one fourth Of one per cent will be al.
lowed to any person collecting subscriptions for
the purpose OF incorporating them in one propos
81 to the amount of twenty five thousand dollars
or upwards, provided such proposal shall be &C.
cep ed.
On failure ofpayment of any instslmenl, the
next preceding ms talment to be foriened.
All the instAments must be paid Ct the same
bank % that ct which the first instslnent shall
be paid. - =
Scrip certificates will be Issued BY the Cash.
'ers OF the Banks where the payments shall be
inside. TO the persons making the payments and
the said Cashiers will ent o sc on these certifi
ca:es the payments Of the several instalments
when made. :. IS 7a
The scrip certificates will be as,;rnsble by
endorsement and delivery and viii be funded
after the compile ion Of the payments. upon rep.
resentation 10 the Commissioner of Loans for the
state where she payments have been made.
Certificates Of funded stock will also be issued
II the holders 81 scrip certificates shall desire il.
tor the amount OF any instaIment paid, after the
paymen. OF the next succeeding instaimens.
The fu .ded stock TO be thus issued will be
irredeemsnies TIL aftcr the 3lst day Of Decem.
Der, 1896; will be transferable IN The same man,
ner, - the other funded stock Of the United
States, and will be charged, for the regular snd
Quarterly Paym Of its interest. and Tor the al
Innate Reimbursement Of its principal, upon the
annual fund eight millions Of dollars appropri-
ated for the payment Of the principal and interest
OF the debt OF the United States. IN the manner
pointed out in the Aforesaid act of the 24Sh o..
March, 1914. G. w. CAMPBELL,
Secretary effhe 7Seaswy.
~ Subscriptions for any part of the
above Loan will be received al the Cum