The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1815-03-22

/rcGs1rs Dchar'm, M, March 10, 1915
y pursuance of powers, which have been duly YES.
ed III tie Secretary of the Ire ,sury, under an
~, oi 'be Congress of the United states, entitled
" An act 10 suthorze a loan for sum exceeding
eighteen millions, four hundred and ffty.,wo thou
sand, esh' hundred doliars, approved by the Pres.
dent OF the uned States on th TIL of March, W.
renI, pro, osas will 5e received by the secretary Of
the Treasury from this tine, until the first day Of
Ma mex (uniess the amount qured should be pre-.
slousIy ,ubsorlbeu) for loan 10 the United States,
oi he sun of twc,e millions of dollars, or any part
Tue cot, on the following terms, and in the following
manner!
1 The proposals must state the amount TO be loan.
ed the rate al which the s,ock will be received
the ius d,mens in which th. p ,r,y will NIKE the
payments, not exceeding. for the whole, uinety
days tom he date Of he subsrr rription, and the
banks IN which the pa, mr MIS- viii be made
2. 'br !men,s will ne received either IN money,or
in approved bank np,es, OF in Treasury notes &C.
tdsiiy ,ssu d 0etore the Sd of March current, W.,
de ne acts hf Co,gre pass Il, respectively. The
30n Jine 1917, die 2iL r bruary. '8i3 aud
the 4 Oi Mach, i84 ~, their pai value, with
the ineIrst tu,d he eon At The time Of pay-
men,. The kinu at payme1 intended to be made
must be stated IN he proposals; and where the
terms OF suosci p ION are equal, preference viii
be gwen 10 offers f't payrg IN Treasury Notes.
which have become dur I'D eDsn unpaid with
an .iow .nce OF the ,ueres, upon such notes, ~
3 On failure 10 pay any ins,slmem a, the time stp
uiated the next preceding inslalm nj shall be for
fet.d Tor the use Of tie tnicd states
4. Scnpcerti6csteS will he issued by the Cashiers
OF the B4nk. In;o which tht payments sha bc
made, to The corpor tions, or pei sons, r. king
the payments the C,shIers will, 4lso ,ndors, the
payment OF the succe ssve instruments the scrip.
certificates will be assignabie b, endorse B,ent and
delivery: and will be fuDded a The Loan o Of
the state in which the bank 10 situated, where The
payments have been made.
70. The amount loaned stock will oe issued when
tDe nsamcnts are completed, bearing interest vt
per cent pc annun, payable qu.rler yearly
ihe stock will be reirnous sable al the pi ssu ot
the United states at ny time after WE'VE years
from the last day Of Dec, mber nexti and the sink
ing Fund Is charged with the punciuai paym III of
tie n'etest, and ,ht reimbursement Of the prEci'
pal, accord ng 10 contract
II IS desir tbe. as far as the public interest viii
permit, TO reduce the amount oi the Treasury Note
debt, and, Particularly the portion Of IL, winch
due and onp ID and, therefore. an early subscrip
ton IL rec mmended TO .,he boiders u Treasury
Notes But, ~ ord'r toSave time and trouble, 4
m be- proper observe that the terms Ut the pro.
posai .hould bear some relation 10 the actu. la
price Of stock, in he market Of Philadelphia New
York.
commission of one e.four u per cent will be al
lowed 10 any person collecting subscriptions for the
purpose &c Incorporating them ~ ore proposal 10 the
amount Of 2S,O00 dollars or upwards, provide such
proposals shall be se-,p,ed
AJ DALLAS, Secretary Of the 7feuury
n q. The Printers Of the Laws Of the United
States are requested TO publish this notice three
times week until the 1st of May and the Commits
sioners OF Loans in the respective stGes WILL aso b.
pleased to give il an earl, and general circulation