Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-05-13
TREASURY DEpARrsIENT.


tEHEREAS, the 81 Of March, IG25 law wa, ps,. h,
W the Congress Of the United States, Of which The Sd 4
and 9th sections, arc IN he words following, viz.
Sec 3. And be 4 further erGctsd, THAI suscript;on 40
'he Of twelve million, dollars The x per cent
stock OF the eheen hundred and thirteen be- and the
same here proposed Tor which purpose books shall he
opened The rrasy Of the United State. and a, the seye
raj loan ohoc on the int day 0i April continue open
until the r day Of o. her thereafter parts ,f the
ve-nencued description Of stock, shall the day Of
subscription stand the book Of the Treasury and on ho
o. ne sexe" loan oroe, r,peetivel which subscription
shall be eaee Cd by transfer 10 The United States man
ner provided ~ law for such transfers. the credit or credit.
Standing on sad looks ami by surrender OF the certificates
the stock so subscribed PrOrdeR That subscription Il,
>uoh ah'lr oil soc sa he considered part of the
section Of this
sec. And be it further enacted, That for the whole or
auy part oil any n winch shat ne thus subscribed credits
snail be catered TO he respective uberibors shall be
lnied TO certificate esc lies purportius the United
states owe TO ihe holder o. holders thereof her.
assigns 10 be expressed therci equal 10 the amount Of
the prucPa sock thus subscribed hearing an Interest not ex
etedn four and one halt per eenium per anun payable
quarterly, 1m the thr rs dag Of Ucoeabe one thsad
eight hundred and twenty fye serabe IN e sane man
ner rs provided 10y iaw for the Of the stock
cd and subject to redemption the pleasure the United
States, follows half any after the thiry-rst
day OF December, thousand eight hundred and en-
eight, aud the remainder any the thirty first dy
OF December, one thousand eight hundred and eats mine
Preceded That shall be made exceni for The
whole amount Of such certificate, until after al least six
months public notice of such intended enen And
shall be the duty Of the Secretary of the Teasrv 10
TO be reanferred to The respective subscribers the several
sums by them subscribed hes ond the certificates
Of four and one-haf per cent stock .ued 10 then
fbee D. AHd be further enacted, That the funds
which have heretofore BEEN and pledged by law for
the payment Of the interest," and for the redemption and re-
bursemen Of the stock which may be redeemed or reimbursed
by virtue of the provisions Of this act shall remain pledged IN
like for the payment of the interest aceuing on the
stock created by Of such subscriptions aud for the re-
demPon reiuburemen Of the principal the same And
shall he the duty Of the Commissioners Of Sinking Fund
TO be applied and paid Of the fund yearly and
every year, such and may be annually required TO
discharge the interest accruiny the stock which may be GRE
ated by virtue Of this act The said are aso
hereby authorised apply from time time such sum and
sums out OF the said fund, they hins proper
redeeming by purchase, by in conformity
with the Poybions Of this act the principal the said sloe
an dsuoh part OF the annual OF ten millions don,
ed by law IN the said COMMISSIONER may he necessary and
required for The above purposes shall be- continue
ped the payment Of interest and redemption the Dub
o debt until the whole Of the stock which may be created
under the provisions Of this act shall have been redeemed
reimbursed"
H0u therefore, Notice IS hereby gpsn, That books will be
opened the Treasury Of the United States and at the several
loan oees the FIRST day OF April neSt continue
until the first day Of October thereafter for receiving sb,p
i'oh 10 conformity with the provisions Of the said law.
stock either IN pe,on by their Attorneys duly authorized 10
subscribe and transfer II TO the United States
Should subscriptions Of said stock be made amount
eeedng twelve millions Of dollars distribution Of the said
Of twelve millions, will be made among the Subscribers 10 bro
portion 10 the sums subscribed by them respectively.
SAML L. Southland
- dcttng Secretary Of the Treassgg.
march Is. t05-i3OthS.