Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-08-02
TREASURY DEPARTMENT.,
hdrch IA, 1925. {
"HERRAs, on the Sd of March. 1926. a law VS.

WHERBAs, on the Sd of March. 1926 law wa
w passed by the Congress of the United Sta,es -,
wmc the 3D. 4 and 5th sections the words follow
ing viz: '"
"SEc 3. find be ii further enacted Tina, subscrr,i
TO amount of twelve millions of dollars of the six nc
STOCK OF the year eighteen hundred thirteen be
ana ic same hereby proposed; which purpose
shall be opened AT the Treasury the United Satrs and
al the several loan Offices, first day of ApriI
10 continue open until the first day October for
ucn parts OF the above mentioned descrpt on OF sock
SNAIL on the day subscriptions stand on the books of tho
treasury, and those Of the several loan Offices
uVey "hlch subscription shall be effected by transfer IN
the United States, in the manner provided nv law TO-
such transfers, of the credit credits STANDING nm tho
books and by surrender of the certificates of the stock o
subscribed Provided, That all subscription by such
Ter oil stock shall be considered part of the said
nions OF dollars authorized be borrowed Inv Tho 6s,
bsection of this
"sEc. a. And6e ufter enacted, That, for the whole
OF any part of any which shall be thus subscribed
credits shall be entered to the respective subscribers vino
snail be entitled to certificate or certificates nu,no,,;n
a the United states owe to the holder holders thereof
hlS, her, their gins, sum to be EXPRESSED ,be
equd 10 the amount OF the principal stock thus subscribed
bearing an Interest exceeding four and one hale nor
cehtum per annum, payable quarterly from the thirty
St day OF December, one thousand eight hundred and,
twenty-five; transferable IN the manner as is prov
ucd by law for the transfer ofhe stock subscribed and
lect to redemption the pleasure the United S,te
l"ows one halt at any time after the thirtv-st dav oe
December one thousand eight hundred and twenty
ana me remainder at any time after the thy-rst ay of
Decenber one thousand eight hundred aud twervHine.
ffoved That no reimbursement shall made exccnt ror
'he "hoe amount OF such certificate; nor until af,er
Ill eaSt SIX months public notice of such intended re,m
DurSement And it shall be duty Of the Secctary NJ
inc treasury to cause to be to the respective
subscribers the sevcralsums by them subscribed beyond the
amount OF the certificates four and one half nor con,
stock issued to them respectively.
SEC D. .fhd be IL fitrHte.' enacted, That the same
FUNDS which have heretofore been, now are pcdued
ny law Tor the paymen; of the and for the redemp
Iom and reimbursement of the stock which may he re-
or by virtue OF the provisions this act
hal remain pledged in like for payment of the
interest accrug on the stock created by reason of such
SUBSCRIPTIONS and Tor the redemption reimbursement Of
the principal of the And shall he the duty of the
commissioners of the sinking fund to caueto he nnlic
and paid out of the said fund.- yearly and every YEAR such
sum AND sums as may be annually required discharge
e interest accrug on the stock which may created by
virtue oil tins act The said are also he ebv
authorized TO apply from time time such sum and sums
OUT OF the SAID fund.- they may think proper towards
deemIng by purchase, by reimbursement in confonit,
with the provisions of this act the urncipal of the "a
Stock and such part of the annual ten millions
dollars vested by law the said commissioners as may h
necessary and required for the above purposes shall
ana continue appropriated the payment of Interest
redemption OF the public debt, until whole of the oc
which may be created under the provisions of this act
snail nave been redeemed or reimbursed"
Now therefore, notice is hereby given, that books will b.
opened al the Treasury of the United States and at Tin
several loan Offices, the first day April next and con
thCe open until the first day of October thereafter for re
ceFIng subscriptions in conformity with the
said law.
The subscriptions may be made by the propetos of tn,
Stock either III person or by their Attorneys duly authorz
ca To subscribe and transfer 1t the United States
Should subscriptions said stock he made to an amount
exceeding twelve millions OF dollars distribution of tn,
Salo sum OF twelve millions will be made among the sub
scribers IN proportion to the subscribed by them res
pectively.
| SAMUEL L. soUTHARD,
Acting Secretary Of the Treasury
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