Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-05-24
TREASURY DEPARTMENT.,
LII A

V{FEREAS, the Sd Of March, 1925 law wa. passed y
w the Congress of the United States, which the 3d. IN
and 9th sections, in the words following viz.
See. s. And be IL further o1tactcd That ulcripon ia
the of twelve million, of dollar, of the six per cent
hereby, proposed for which purpose books shall be
opened the Treasury Of the United States aud at the .ey.
raj loan Offices Che first day of ApTi continue omen
until the first day Oi October thereafter for paris # the
description Of stock shall on the Iay Of
subscription, stand the books Of the Treasury and Oh those
of the several loan Offices respectively; which suscrian
shall toe effected by transfer 10 the United States n,an
tier provided by law for sde transfers Of the credit credit
the stock so subscribed trsvded That all subscription b,
such transe of stock shall be considered part of the salt,
twelve millions OF dollars euIbori'edto be borrowed by the
section OF this act
"Sec 4. dad be Il further enacted That for Ie whole ar
part OF any sum- which shall he thus subscribed credits
shall he entrred TO tue respective Subscribers, shall
titled 10 certificate certificates purporinS the United
States owe to the holder or holders thereof his her,
assigns, sum to he expressed therein, oquatO the amount OF
the principal Stock mus suscrhed bearing interest
etedS Tour aud one hi per eenum per annun, payable
quarterly II 1m the thrty day Of December one thousand
eight hundred and yyo transferable IN the same man.
ner as provided by law for the transfer Of the stock
ed, and subject to redemption the pleasure United
States, asicov halt at any time after thirty first
day OF December, thousand eight hundred twenty
eight and the remainder ei time after the ay
OF December OsaEd eight hundred and twenty nine
Provided That no shall he made
whole Of such certificate until after al Al.
mouths public notice Of suck intended hursruen And
shall he the duty OF the Secretary of the Treasury
be resanseTrcd the respective subscriber. several
sums by them subscribed beyond the tof the
OF Tour and oe-ai per cent! ockssued to
Sec .. dnd be 1t JiS1ksT tHGcied, That the same funds
which have heretofore been, and pledged by
the oil the and fCr the red.nion and Te
bursemrnt the stock which may be redeemed or
BY virtue al the provisions this shall remain pledged IN
like foi the payment of the accung the
stock created by of such subscriptions and for the re-
dempton reimbursement Of the principal the same Aud
shall he the duty OF the the Sinkin. Fund
be applied aud paid Of said fund yearly and
every such and may be annually required to
discharge the incre, the stock which NAV he Gre
sted by virtue IL this The aid are also
hereby authorized apply, from time time such sum and
sums out ofihe sad fund, they may think proper toward.
edeemng by purchase ny reimbursement in couIormi,
with the provisions ut tin! act, the principal the said stock
an such Part of the annual Of ten millions Of dollars
cd by law the asid COMMISSIONER b. necessary and
required for the above purposes, shall be- aud Continue apnro
prted 10 the payment interest and rede of the ub
VIC debt until the whole OF the stock which NAV he created
under the provisions OF this ac shall have been redeemed OF
reimbursed"
No' therefore, Notice tcrsby given That books will be
opened the Treasury Of c dated States aid the several
loan ohcs on the first day OF april newt aud open
until tie fist day OF October thereafter for receiving .uGscrp-
sso!, ~ conformity with the provisions Of the said law
lie subscriptions may he made 10y te propIiet5s OF the
Stock ee in person y their Attorneys duly authorized
subscribe and transfer Il 10 the United States.
Shond subscriptions sai stock he made amount ex-
ooeding millions Of dollars distribution the said sum
Of twelve millions, will be made among the Subscribers pro-
portion 10 Ae subscribed by them respectively.
SAML L. SOUTHhRD -
Acting Secretary Of the Treat ~
March IS. IO5-tsOtbS