Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-05-17
TREASURY DEPARTMENT.,
March ii, 1925.

NWHEREAs, on the Sd of March 1925, a law WAS
passed ny the Congress of the United States, OF
ing, viz: ~
SEC B. lind be ii further enacfed That subscr;rtion
L" 'Ae amount e twelve millions OF dollars. of the six nr
cent STOCK oi the year eighteen and thirteen Inc
aud the is me- eby. proposed; for which p,,rno h
sha be "pened at the Treasury United States and
at the several loan offices, the frs; ,nv Of AL ,
10 continue open until the first day October ia,
such parts OF the above Dissertation of sock az
m '"e Gay "i subscription, stand the books of the
ieaSuy and on those of the loan offices rcarc
uVeiy which Subscription shal Effected inv q t,,usC .,
.ne o'ne" states III the manner provided by law f,,
9erS' OIL the credit OF credits standing on tine said
" ny surrender OF the certificates of the stock =,
subScrIbed Provided That all substitution nv, sci
IT! vi STOCK sha be considered part the said twelve
millions "t dollars authorized borrowed bv The "a
section of this act. - ''~ 4''SF
SEC T. 4ndGe aJurtter enacted That. for The ,ybo,
{" any part OF amy sum which shall be thus stIbscril
credits shall be entered the respective s,IbrriIor ~
snail be entitled to certificate or certificates ,,,;
"' Tue uhHcd states owe TO the holder or holders bercf
~ ~ ~ '"e'' aSsl9hS' u SUN TO be expressed hrreiu
" !" e amount "i tine principal stock thus s,scribcf
bearing an interest exceeding four and ana tit 80
ceh'un per annun, payable quarterly from the fhirr,
ArSt day OF DcccmbeF thousand cigbt brnJreJ 49,
twenty five; transferable in the same manner -, = 49,"
aed by law for the transfer ofhe stock subscribed and M
70 redemption al the pleasure of the United States ~
olo"S: one hall at any time after the ,irtv-frst ~ -
December, one thousand eight Iuhited and
u me remainder at any time after the tlyirst ,lav OF
3e'e'oS' one thousand eight hundred and twcntv-,ne
t' Ahat no reimbursement shall be made cxccnt f,r
the whole amount of new certificates; nor un,iI
az ica9t SIX months public notice such intended run,
"iSsneht' Aud 1t shall be the duty of the Secretary of
the Treasury to be retranslerred tn rho
subscribers the several sums by them subscribed ben ,i
amount oil the certificates four and one hair 10 go.
stock issued TO them respectively - 49,
SEC. s. ind he IL f,riier eng~fcd RI, 49,,
"nlcn nave heretofore been, aud are, pledged
Dy la" Tor the payment the interest, and for tho
ton anu reimbursement Of the stock ,b;cL - t'"P
ueened or reimbursed BY virtue the provisions ~ ,b
hah remain pledged M like for the pavueut r ,
"teIest accuIng on the stock created bv renso, ,r ~
subscriptions and fCr the redemption or rei,rb,,r ~.
we P'incipai OF the same. And il shall be the rtv NJ ,t
commissioners of the sukng fund tn causr 70 he 49,
ana P"Io Out OF the said fund.- yearly and ever, ,r e
sum ana sums us may be annually rcouired ~ ,icer
It. "ccf'ing on the stock which may be created be-
u ',,S ACT ne said commissioner IRE. also hereby
""''oIizeu 10 apply from time time such su,n aud ,s
our Of the said fund, they may think proner d TO-
cenlug' ny purchase, or by reimburscncnt in cou,r
Tue provisions of this act, the principal of the said
STOCK ana such part Of the annual sum of ten millions Of
HoarS vested by law in the said commissioners az NAV no
necessary "d required for the above purposes shall be
dn '"hhue appropriated the payment Of interest and
redemption OF the public debt until whole of the sor
cn may be created under the provisions Of this act
snail nave been redeemed or reimbursed"
Now therefore, notice hereby given that bools it1 m
opened the Treasury Of the United States md =, ,E
several loan Offices, the first day # Ap ncvt and
tiuue open until the FIRST day Of October tbercor C ~
ccyng subscriptions IN conformity with the provisions Of s
said law. "
The subscriptions may made BIZ the propre,,rs Of ,
stock, either 10 person by their Attorneys duly auo
ed to subscribe and transfer il to the United States
ohouo SUBSCRIPTIONS of said stock made to In arno@
exceeding |eive millions Of dollars, distribution Of t
said sum Oh twelve millions will be made among ,So -
'cribers IN proportion to the sums subscribed by
oectively. y 'Hs'h fes'
SAMUEL L. soUTHARD.
M.-,t % Ae'iog Secretary Of ne Treasur-.
Fsr