Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-04-12
Treasury DEPARTMENT,
March n tQoS

"HEREAs, on the Sd Of March, 1925, n Law
~ passed ny the Congress of the United States III
ing, viz: 0
sEc. j. lind be further enacted That subscription
W tue amount of twelve millions dollars of the sin ma,
CEN" STOCK OF the eighteen hundred and thecn h.
and the same is hereby proposed for which hooI
n DE opened at the Treasury the United States and
-, e.era ioa" oihces, on the first day of April next
open until the first day of October for
Soch parts of the above mentioned Iesc,in,n NJ L 80
o"' on the day Of subscriptions stand ON the b,ot of M
aiio OH those of the loan Offices r,srcc
uVey winch subscription shall be effected NV ,rnf 60
the United States, in the mannc, provdcd b., ia c
49, e'S' Oh uie credit or credits standing ON the said
BOOKS and by surrender the certi6c,tes ,r1h
suoscnpeo PROVIDED That all substitution nv such
fer OF stock shall be considered as part of rho s,d ]
millions ct dollars authorized be borrowed by ,h e.
section of this act. y VIC "'SN
"SE.C. 4. find be az further enoc,o3 ri.
Oh any part of any which shall he thus sh;n'
m '. oe entered TO the respective subscribers vii,
shall be entitled to certificate or cert;6cn,o. -: S
tue oh''ed states owe to the holder or holders ,b.,,of
MS her, or their assigns, TO be exprrssa ,h
pu 10 he amount ofthe principal stock thus subscribed
,s a." interest mol exceeding four and one half per
ee"n' per annum payable quarterly from the ,biriv
hrst day of December, thousand eipb, b,nd,od IA
wenty-hve transferable in the manner as is nov
oeu oy law Tor the transfer the and chr
W redemption at the pleasure of the United States a
oiows: one half at any time the tir,y-frst d.v Of
december one thousand eight hundred and wenve;,I,
ana me remainder at any time the thv-6rst .e ~
eeeoef one Thousand eight hundred and tweny-nine
provided, That reimbursement shall he mad &C., e.
'he Whoie amount of such M. -,
e"S' SIX "ohtns pubic notice of such intended re,m
bursement And it shall be the duty of the Sa, c
the Treasury to be retransierr.d tn tho ;
SUBSCRIBERS the several sums by them bevnnd rho
amount OF the certificates and one half nar Con-
| stock issued to them respectively r. '
| SEC. 5. find be ii further tuocte5 I'll. A.
iu"oS "hhch nave heretofore BEEN now are pledged
law for the payment nf the interest and for the red
toh ahd reimbursement of the stock which NAV no 70
or by virtue of the provisions of this act
'.'d'h Peogeo III ike manner for the payment of the
| On hac
SUBSCRIPTION, and for the reclamation or re,,h,.. r.
he Phcpai oil the same And il shall be the du,v f Tho
OF the sinking fund cause to be applied
anu pao' out o the said fund.- yearly every wear such
, u sums DIS may De annually required to DISCHARGE
e interest accrung on the stock which may be created nv,
virtue OF this act The said commissioners ire ,so hoh
10 apply from time time, such sum and sns
ou' Oh the said fund.- as they may think proper re
oy Purchase or by reimbursement, in conformity
,, 'n Poss'ohS OF inns act the principal of the said
sock' ana suc part OF the annual of ten millions of
ooilars vested by law in the said commissioners m mn, b
ana required for the above purposes shall he
a continue appropriated to the payment of interest and
VI the pubic debt, until the whole Of the stock
whch may be created under provisions of tbs act
snail nave been redeemed or Reimbursed
Now therefore, notice is hereby given thai books will he
opened az the treasury OF the United States and at the
ioa olce on the first day of April next and con.
tnue open until The first day October tbereaf,or for
said law. ~ Po'i'''''S VI tic
SUBSCRIPTIONS may be made by the proprieors of the
''i 81" person Oh oy their Attorneys duly authoz-
GU W suoscfoe and transfer it to the United States
ohouo subscriptions of said be made TO an amoupt
exceeding twelve millions of dollars d;s,,;b,o 80 49,
SAID sum OF twelve millions will be made among ,he eh
IN proportion to the subscribed by them rec
pectivey. " '"e'' ieS-
SAMUEL L. soUTHARD.
| M. o. ActinS Secretary of the Treasury.