Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-05-17
TREASURY DEPARTAIENT,

WHEREAS, the Sd Of March, 1926 law wa. passed Inv
W the Congress Of the United States OF which te 3d. All
and 9TH sections, are IN the words following, viz.
Sec. 8. AHd be further enacted That substitution 10
the amount Of twelve millions Of dollars Of the six per cent
same hereby proposed for which purpose books shall be
oPeued at the Treasury Of the United States aud at the seye
raj loan Offices on the first day Of April next continue open
until the first day Of October thereaer such parts II the
description Of stock shall day of
subscriptions stand the books Of the Treasury aud on ose
OF the seversl loan Offices, respectively which ulcripon
shall he effected by transfer the United States in the man
provided by law for such transfers. Of the credit or credit,
standing SAID books, and by the certificates Of
the stock subscribed Pr9Vided That all subscription b,
such ensies Of stock shall be considered as part Of lie said
section OF this act
"Sec. (. 1,d Be further enacted That for the whole or
any part OF any sum- which shall he thus subscribed credits
shall be entered TO the respective subscribers who shah be Gu
titled TO certificate certificates, purponins the United
states owe to the holder holders thereof his her, their
assigns sum 10 be expressed therein, equal TO tue
the meipa si0ek mus suhscrhed hearing an interest
etednS Tour and Que hail per eentnm per annum, payable
quarterly, the thyfrs day Of December one thousand
eight hundred and twenty-five transferable the same man
nee provided by law Tor the transfer Of the stock subscrb
ed and subject to redemption at the pleasure the United
day of December, thousand eigh, hundred twenty
eight, aud the remainder time after t,ry-rs day
Of Dercmbe one thousand eight hundred and twenty
F0Tded lh1t no reimbursement shall bemadc except for the
whole Of such certificate until after at least six
months public notice Of such intended reimbursement and
SHAH be the duty OF the Secretary of the Treasury to
to be retranserred 10 the respective subscribers The several
by them subscribed hes ond the the certificates
vi ou ana one per cent STOCK issued TO Them respectively
!See. g. ind be it further enacted, That the funds
which have heretofore been, and pledged for
the payment Of the interest, and for the redemption rcm-
bursemen If the stock which may be redeemed reimbursed
by virtue of the provisions this ss remain pledged
like for the payment Of the interest acerun on the
stock created by Of such subscriptions for the re-
dempon reimbursement of the pInopalo the same. Aud
shall he the duty 81 the Commissioners Of the Sinking Fund
TO 10 be applied aud paid Of the said fund.- yearly and
every year, such and may be annay required
discharge the interest acoruins the stock which may cree
ated by virtue OF this act The said are also
hereby authorized to apply from time TO time, such and
out Of the said fund, they may think proper towards
redeeming, by purchase by reimbursement
with the provisions Of Ibis act the principal the said stock
dsuch part Of the annual Of millions dollars
ed by law, IN the said Commissioners he necessary
required for the above purposes shall be- aud continue appo-
Ped 10 the payment Of and redemption ~ the pub
lie debit until the Whole Of the stock which may be created
under the proous Of this act shall have been redeemed or
/ reimbursed"
Nog therefore Notice hereby gigtn, That books will he
opened The Treasury VI the United States and the
loan Offices The first day Of April next and continue ope
until the st day Of October thereafter for receiving subscfp-
tsons IN conformity with the provisions Of the said law.
The may he made by the proprietJrs Of the
stock either person by their Attorneys duly authorized
subscribe and transfer II to the United States.
Should subscriptions Of said stock be made ex
ceedng twelve millions u dollars distribution Of the said sum
Of twelve Millions will be made among e IT, pro
portion The SUNS subscribed by them respectively.
SAML l.. SOUTHABD
Hei'ng Secretary IF The Treasury.