Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-06-17
TREASURY DEPARTMENT,
lfUyrb II iSoS

WHEREAS on the Sd Of March, S25, law passed hy
w the Congress of the United States, OF which the Si it
and 9Th sections, in the words following, viz.
Sec. B. dnd DC GDther enacted, Thit subscription
the amount OF twelve million, dollars Of the six per cent
stock OF The year eighteen hundred and thirteen, be- aud the
same Is hereby proposed; Tor which purpose hooks shalt he
ope"cd At Che Treasury OF the United States aud
raj loan offices, the frat day OF April newt continue oen
until the first day Of october thereafter fo such parts
of stock a, shall on the ,v M
subscriptions stand the book, OF the Treasury on those
OF he several loan offices, respectively; which subscription
shall lac effected hy transfer To the United States
ner provided by law Tor such transfers. the credit or credits
standing said books and by surrender certificates Of
the stock so subscribed i'ro,ided Th, all ubc,,,on b
such transies of stock, shalt be considered part OF the SAID
twelve millions OF dollars auhorse5o be borrowed by
section of this act
"Sec. l. indie further enacted That for Tie whole q,
auy part of any which shall he thus subscribed credits
sha be entered TO the respective subcber who shall
ttled To celcate Certificates,
States owe 10 the holder holders heeo his her. ur their
assigns 10 he expressed therein equal amount OF
the principal stock thus subscribed bearing interest
e.edins four and half per per annun payable
quarterly itlm the hrt first day December Que thousand
eight hundred and twenty five; transferable same man
provided by law r the stock sucrb
ed, and subject to redemption the pleasure the United
States as follows half at any time after the
day OF December, thousand eight hundred twenty
eight and the remainder any after the hi, -f dsy
OF December, thousand eight hundred
Provided, That shall he made except for the
whole amour; OF such cercae until after at least six
months public notice of such intended Aud
II shN be the duty OF the Secretary of the Treasury
10 he reranittre TO The respective subscribers III,
SUNS by them subscribed beyond the
vi iour anu onea per cent stock issued To them ctvey.
See D And be Further enacted That The funds
nave heretofore been, pledged by
the payment OF the interest," the Tedtnpon and Te-
bnrsemem vi the stock which may he redeemed or
by virtue q" the provisions OF this act shall remain pledge IL,
Ike manner I the payment OF the interest accrung un the
stock created by Of such subscriptions and for ui re-
dempton reimbursement Of the principal of the same And
II shall he tie duty of the the Sinking Fund
10 cause To be applied and paid, said fund YEARLY and
every year, such and he annually required
discharge the interest accruing the stock which may
aied by virtue OF this act. The said are also
hereby authorized 10 apply from time time such sum and
sums out OF the said fund, they think proper toward.
reieeming ny purchase, by reimbursement conformity
with the provisions OF this act, the principal
an ds"eh pant OF the annual OF ten million. dollars vest
ed ny la, m The SAID
required Tor the above purposes shall be, aud appo-
PTed To the payment al Interest and redemption the pub
c debt, until the whole of stock winch may created
under the provisions Of this act shall have redeemed
reimbursed"
ho'e therefore, Notice IS hereby given, That books will he
opened the Treasury u the United States. and at The several
loan Offices the first day oil April aud continue omen
until the m DAY OF October thereafter receiving
tsns IN conformity with the provisions Of the said law
The subscriptions he made ny the proprieto of the
Stock either person by their Attorneys uy authorized 10
subscribe aud transfer it TO the United States
Should subscription, of aj made 20 an amount ex
ceedS twelve millions of dollars distribution Of the said sum
Of twelve millions will b made among the subscriber, in pro
portion to the sums subscribed by them respectively.
SAML L. SOUTHARD
-, - Acting Secretary Of the Treasury.
NI1Ich -. IO5-i30hS.