Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1815-03-15
NOTICE.
TREASURY DEpARrxES-, ,
March 10, 1915. &

March 10, 1915.
In pursuance Of powers. which have been du-
iy vested in the Secretary of the Trsssu-y, un.
der su act OF the Congress fthe United st=.ss.
entitled An act TO authorize loan for sum
not exc eeding eighteen millions, four hundred
and 6f y two Thousand eight hundred dollars,
spproyetby the President Of the United States
on The 81 Of March, current, proposals will be
received by the Secretary of the Treasury from
this time, until the first day Of May next (dn.
less the amount required should be previously
subscribed) for loan TO the United States, os
the sum of twelve millions of Dollars, or any
part thereof, on the following terms, and in the
following manner:
l. Fhe proposals must state the amount TO be
loaned the rate at which the stock will be
receiveIi he instruments in which the party
VIII make the payments, not excsedinp. for
the whole, ninety days from the date of the
subscription, and the banks into which the
payments viii be made.
The Pigments viii be received either In
money, or in approved bank notes, or in trea.
sury notes actually issued before the Sd of
Marchs current, under the acts of Congress,
passed, respectively, the 3Oth of June, 1879,
the 25th OF February, 1873 and the 9th of
March, 1914, at their par value, with the in.
terest accrued thereon at the time of nav
ment. The kind of payment Intended to be
made must be stated IN the proposals and
where The terms of subscription are ecual, q
preference will be given to offers for psyinp,
IN Treasury Notes. which have become due
and remain unpaid. with an advance of the
interest upon such notes, as we'll STAGE. az
before they bscarne due.
8. On failure to pay any MISTAKEN at the
time stipulated, the next procedure install
ment shall De forfeited for the use of thu
United States.
:. Sorip-cer;i6cates will be issued bv ths
Cashiers Of the Banks into which the paw
ments shall be made, to the corporations, or
persons, making the payments; the Cashiers
WI. $50. endorse the psymeal Of the 49,
cessIVe Instruments the scrip cetfific.tss
wiil be asslgnable by endorsement and deliye
~ and VIII be funded at the Loan Office
OF the state, in which the bank is situat, n
wnere tue payments have been mad.
D. For the amount loaRed, stock will be jssy.
ed, when the instruments are competed
bearing interest at 6 per cent. per anaum.
Payap'e Quarter yearly. The stock viii be
reImbursabie at the pleasure of the U,itad
states at any time after twelYeIyears from 7 =
last OF December next: and the Sink;nc-
Fund IS charged with the punctual nav
ment OF the interest, and the reimburse
Inent OF the principal according 20 contract
Il. 1t Is desirable, as tar IS the public interest
WIN permit, 70 reduce the amount of the Trear
secy note debt, and, particularly, the portion
III, winch - due and unpaid and therefore
an early subscription is recommended to The
hoiders OF Treasury Notes. But, in order TO
save time and trouble, It may be proper to OBJ.
serve, that the terms of the proposals should
bear some relation to the actual fair price of
stock IN the market of Philadelphia or New.
York.
Commission Of one forth will be allowed
70 any person collecting subscriptions for
.ne purpose OF incorporating them in one pro.
Possi to the amount of $4,000 dollars or up.
wards, provided such proposals shall be ac.
cePted.
Al DALLAS.
Secretary of the Treasury.
N. b. The Printers of the laws of the Uaited
states are requested to publish this notice three
times week until the 1st of MAY; and tn.
oonm'ssIoners of Loans in the respective
'.a,es wil, also, be pleased to give it an sriy