The enquirer. [volume] (Richmond, Va.) 1804-1815, 1815-04-26
NOTICE;.s o10N' "ar'A IL.

treasury DEPARTMENT, Aa.-ch &c. i6f5
NJ pursuance OF powers, which have been duy vest
~ tle secretary ot the Treasury, under an act of
the congress the United States entitled &C Al
authorize loan for sum nor exc..d " S az !"
"'oiis, iour hundred and fifty two Thousand e;nh,
.ures ao'lar approved by the President of the u
.ae 81 OF March, current, proposals will be
reserved oy the Secretary OF the Treasury f,o ~;
tline until the first day Of May next lonIess The '
,puit required should be previously s,Sbecr;heaS -
ie ,, 90 Tue y. States, Of the sum of twelve p; o
in the iftrSany part t.ereof .i terms g.
l. The proposals must state the amount to he loaned
the rate at which the stock will be received the in
stairlents IN which the party will make the pay
mentS not exceeding for the whole, ninety DAYS
from the date of the subscription, and the banks into
which the psy mcpts will be made
Q The payments will be received either ia morey or
IN approved bank notes, in treasury notes actu-
ally issued before the Sd ef Msrei, current under
the acts OF Congress, passed. respectively the 3Oh
OF June, 1919, the 25th &C February 1915 and
the 4th of March, 1879, at their par value,
with the interest accrued thereon at the time
OF payment The kind OF payment intended to
DE made must be stated in the proposals; and where
the terms OF subscription ere equal preference
will be given to offers for paving in Treasury Notes
w"ich have become due and remain snpaid, with an
siowsnce OF the interest upon such notes, as well
since, as before they became due
Onfalure to pay any nstalnent at the time stipua-
ted, the next preceding salnent shall be forfeited
for the use of the q. States
Scrip-certfcates will be issued by the Cashiers of
uie Dahhs ihto winch the payments shall be made,
to the corporations, or persons making the pay
ments the Cashiers, will, also, endorse the pay
nent OF the successive nstalments the scrip.cert-
hcates will be assgnabe by endorsement and deive-
ny and will be funded at the LoanOffce of the
st,te IN which the bank is situated, where the pay
ments have been made
5 For the amount loaned, stock will be isgued when
the instruments are completed, bearing interest at
per cent per annum, payable quarter yearly The
stock will be reinbursabe at the pleasure of the U
States at any time after twelve years from the last of
December next and the Sinking Fund is charged
with the puncual payment Of the interest, and ;he
reimbursement OF the principal, according TO con-
tract.
1t is desirable far the public interest viii per-
nit IN reduce the amount the Treasury Note debt;
and particularly, the portion Of it, which due and
unpaid; and therefore, early subscription is re-
| commended to the holders of Treasury Notes But,
IN order to save time and trouble it may be proper 10
observe, that the terms of the proposals should bear
some relation to the actual fair price ofstock in the
market o. Philadelphia New-York
commission fone-fourh per cont will be allow.
ed to any person collecting subscriptions for the pur
pose OF Incorporating them in propo7al to the r.
mount of $4,000 dollars, upwards, provided such
! proposals shall be accepted.
A !. DALLAS,
| Secretary ofhe Tredswy.
| tfsfMov