Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-03-25
TREASURY DEPARTMENT,
M HEREAs, on the Sd of March. 1895. In w
w was passed by the Cnnrress of Tho I1.;.4,
March ii, 1925

y
" HEREAs, on the Sd of March. 1926. law
w was passed by the Congress of the United
States, of which the Sd, 9TH, and 5th sections are m
the words following, viz:
SEC. 8. lind be IL further enacted That a sub
script'on to the amount oftwelve millions of dollars
oil he SIN per cent. stock of the year eighteen nm
oncd and thirteen, he, and the same is herehv nro
posed; Tor which purpose books shall be opened n,
we treasury OF the United States, and at the seve
RAJ roam ohices, on the first day of April next Ia
c""'ihue open until the first day Of October tbereat
Yer, Tor such parts 1.-THE above mentioned a.sc,;r
/ "' ~ St"ck as shall, on the dav of subscription
stand on the books of the Treasury and on tbosa -
"e SeVei"' loan Offices, respectively; which SUBJ
S''pu"n snail DC effected by transfer TO the Un,ea
' j" tne manner provided by law for such
o' the credit or credits staudiug on the
9"'" DOORS, and by surrender of the &c =
Tie stock to subscribed Provided. Thai an 80
sI'p'ioh by such transfer of stock shall be conSler
=" "s part oil the sad twelve millions of dollars an
ttoTzcd to be borrowed nv III. G., Ns ao-
act A VI '"is
4. .4''d be itlurther enacted, That, for the
"',"o OF any part OF any sum which shall he ,bus
subscribed, credits shall be entered 10 Tho rese,;
SUBSCRIBERS who shall be entitled to a certificate mr.
cefuhcates purporting that the United States oe -,
'e "u'Ner or holders thereof, his her, or hei, ae
is"S' sum 10 be expressed therein, equal TO the
amount oil the principal stock thus subscribed b.
lag an interest not exceeding four and one half nor
ceh'um per annum payable quarterly from tbs
'"''y -htS' Gay OF December, one thousnudl EIGHT
hundred and twenty five; transferable in the s,o
manner as Is provided by law for the transfer oftb
STOCK subscribed, and subject To redemptioo n, d..
pleasure OF the United States as Colloys. 80, ,,e
at any time after the thirty first dav of Dpce,,ho
one Thousand eight hundred and twenty-eipht. and
me remainder at any time after the tlrty-rst dav
VI De'e"ue'' one thousand eight hundred a nd twen-
y ni"e' ffoYided' That no reimbursement shall be
MADE except for the whole amount of sucb ne,,. CO.
Ioac
hotice oil such intended reimbursenent And II sbaU
oe "'e "uty OF the Secretary of the Treas,irv RI
cause TO be reranslened TO the respective subscri
Oer' me several Sums by them subscribed beyond the
"u'ouh' Vi inc certificates offour and one halfper
cent. stock issued TO them respectively
SEC. 5. ind be Il further eunc,s9 1h..., Fl
Sa'''H iunuS which have heretofore been and nov,
e, p'euSeu by law for the payment of the Interest
a'o ioi the redemption and reimbursement IF ,be
s''eN Wh'ch may be redeemed reimbus sed b., yir-
W r'e provisions OIL TINS act shall remain plehg-
t" III IKE manner FOR the payment of the interest ar
cruing on the stock created by reason ofs,cb snh
SC''p'lon' ana for the redemption or renburseneot
VI ''e pilhcIpai OF the same. And il shall no -,l,a
"uS Oh the commissioners of the sinking 1und to
I'uSe 10 De applied and paid, of the said fund
ye''y ana every year, such sum and sums as NAV
De annually required to discharge the interest ar
c'ul'ig on the stock which may be created nv yiue
VI t"'' act The said commissioners re- al So hero
ny authorized tn apply, from time to time su, h sD
"'u sums OUT oil The said fund. as they NAV tb;nL
proper towards redeeming by purchase or by REIN
oufsemen in conformity with the provisions oC ,his
act me principal of the said stock; and such patt f
the annual sum of tel millions of dollars vee,ed h
law III The said commissioners, as NAV be necessa,y
ana required for the above purposes shall he and
continue appropriated the payment of Interest
ana redemption OF the public debt until the whole
Oh lhe stock which may be created under the nro-
Visions OF this act, shall have been redeemed mr.
nbuised." Vi re-
vow therefore, notice is hereby given. that books
VIII he opened a. the Treasury of the United States
ana AT the several loan Offices a, the first dav If
Arri! next and continue open until the first dav of
October thereafer,f receiving subscriptions in con-
| i"'mity with the provisions of the said law.
lie subscriptions may be made by the proprietors
OF livestock, either in person or by their Attorneys
I"'y authorized To subscribe and transfer it to the
should subscriptions of said stock be made to an
amount exceeding twelve millions of dollars a dis
'fion'ion OF the said of twelve millions viii he
made among the subscribers, in proportion to the
sums subscribed by them respectively
SAMUEL L. SOUTHARD,
March IS