Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-05-20
TREASURY DEPARTMENT,

NETHEREAS, the Sd Of March, 1925, law wa. M =,
W the Congress Of the Uned State Of which Sa 3a
Sec. s. Ind be IL farler .roed, Tint subscription to
the amount Of twelve millions o dollars Of the six per
hereby, proposed for which purpose book shall be
opeued te Treasury of the United Site,, at the
until the first day Of October thereafter for such parts e the
above cnioned description of ock shall the day Of
subscriptions stand the books Of the Treasury, aud ihO,
Of the several loan Offices, respectively, which subscription
shalt he Effected by transfer The United State in the
provided ny law for such transfers. Of the credit credit
standing said books, aud by the certificate
tho stock subscribed Prorided, That all subscription by
such tran'fe of stock shall be considered part Of tie aid
twelve millions Of dollars auhoedO be borrowed Ivy the first
section Of this act
"Sec. L. And be further enacted That for the whole or
part Of any sum- which shall he thus subscribed credit,
shall he entered to the respective 'ub'erber who shall he
titled 20 certificate certificates purporDG that the United
states owe to the holder or holders thereof his her. their
assigns, 10 he expressed therein, equal the
the principal stock thus subscribed hearing
etedS Tour and oe ha per eeninn per annum ayahie
quarterly, from the hiryist day OF December, thousand
eight hundred and transferable in the
provided by law for hr transfer at the stock 'ub,erb
cd aud subject to redemption the pleasure Of the United
States follows; halt at sny time after the hirty-fr,t
day Of December, one thousand eight hundred aud twenty
eight, aud the remainder AZ time after the hiy day
OF December thousand eight hundre ed and
Protded, That no shall be made except for the
whole amount u such certificate until after at least six
shall he the duty Of the Secretary Of the Treasury ia
TO be rcrancrred to The respective subscribers the
sums by them suerbed beyond the un Of the certificates
Of four aud one-ha stock issued to them
ISee. 5. And be It further enacted That the funds
which have heretofore BEEN pledged by law
the payment Of the interest," and Tor the redemption and reim
Of the stock which may he redeemed reimbursed
by virtue uf the provisions Of this shall pledged
ike for The payment Of the interest acoruing hC
stock created by Of such subscription, and for the
demption renburs Of the principal Of The And
shall he the duty Of the Commissioner Of the SHAKING Fund
be applied aud paid Of the said fund.- yearly
every year, such and may be annually required
discharge Tire interest aeeuing the stock which may be
ated by virtue Of this act Tie said Commi'siUncr also
hereby authorized apply um time to time, such sum and
out ofe said fund, they may think proper, towards
redseiDg, by purchase by reimbursement in confo
with the provisions Of this act, the principal o the aid stock
dsuch part the annual Of millions Of dollars,
ed hy lsy, in the said Commissioners may be necessary and
required for the above purposes shall be, aud continue aPTro
pracd tp the Of Interest and redemption 1T the pub
lie debt, utl tie whole Of the stock which he created
under the provisions OF this shall have beea redeemed
reimbursed"
No therefore Notice hereby givsa, That books will b,
opened the Treauy II the United Saes sud the
loan oee the rsi day Of April next and continue opef
until the FIRST day Of October ihereae for receiving subscr
t'ots IN conformity with The provisions Of Che said law.
The subscriptions he made by the propfie0rg Of ts
stock, either person by their Attorneys duly authorized
| subscribe add trausfsr Il TO the United States
Should subscriptions Of sad stock be made
oeedinE Twelve million, u dollars, dsiriho Of the said
~ twelve millions, will be made among the subscribers in pro
portion 10 the subscribed by them respectively.
SAM'L l. Southland
daag Sse,sfOy Of the TrsGs4ry
Zach