Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-09-16
TREASURY DEpAarMENr. -.Mareh l4. ls25

WHEREAS on the Sd OF Msr,n. Iso5 i, ,y na..,d h,
W the cons.ss Of the uni,.d States o which the Sd, Ali
,i"l 9th sections, are IN the words following ,iz
Sec. D. A,d Be IL further eaeied ThsI subscription tc
'he s?uns OF twelve i"iIon Of dollars Of the per
stock V the year eighteen hundred be. and the
sane Is hereby, proposed for which purpose hook. shall be
opened at the Treasury Of the United States ami al The
raj loan ohee on the h day Of Apn .x open
until the FIRST day OF October thereafter l such paris " The
s"se, ntioned description stock shall on the day f
subscriptions stand on the books Of the Treasury hoe
OF the several loan Offices, resp.ctyr which su.cpiiop
shall he effected by transfer the United States man
standing said hooks and by OF the certc OF
the stock subser'h.d Provided That all subscription by
such ranstes Of stock, shah he considered part SAID
twelve millions OF dolars auhorsedo by
section Of this act
"See And DC Il rther enacted That for the whole or
any psroi any sum, winch shall he thus subscribed, credit.
shall he entered 10 the respective Subscribers shall
STAT owe to the holder or holders thereof has their
rss sum TO he expressed therein equal the
the principal stock thus sueibed hearing interest
etedns four and one halt per csnn per annun payable
qaareriy 7m the ,hyd day of Deee,ub.r, one thousand
esht hundred and twenty uanrshlc in the
ner as provided by law tor the transfer o the stock subscb
a. aud subject to rrdeinriion The pleasure Of United
States as follows; Que hall at tiae after the tiry-hsi
day 81 December, one thousand eight hundred aud twenty
eSh aud the remainder at any time after day
Of December thousand eight hundred aud twen,
oved That no reimbursement shall he made, except for the
whole amount of such certificate. until alter least
mouths public notice Of such intended And
s"" tie the duty oil the Secretary OF tue Treasury TO
to ne reaserred 10 the respective Subscribers the several
sums by them beyond certificates
o iour aud one-hali cent, stock issued 10
Sec .. dad DC az further enaeted That the iuuds
which have heretofore been, and pledged BY law
The IL the interest," aud for the redemption
o tue stock which may he redeemed
ny virtue Of the provisions of mi, shall remain
IKE manner ior the payment Of the acrrnns
stock created by of such subsctpu the
demption rebrsemtn Of the principal same. Aud
shall he tue duty of the of the Sipknr Fun,
to cause 10 be Applied and paid, of the said fund.- yearly
every such and annually
discharge the interest aecruns the which may
atcd by virtue OF this act The SAID Commissioners also
hereby suhoredto apply iron time to time, such and
sums out ol the said fund, they think proper
redeenng, by purchases by remhus cuulunit,
with the provisions at this act the principal the
an dsuch part Of the annrf Of dollars
ed by law, IN the said COMMISSIONERS may he
required for the above purposes shall he aud
pated I" the payment at interest and redemption of pub
lac debt until the whole OF the stock which be created
under the provisions of this act shall have been
reuiburscr."
Nop therefore, Notice hereby grsh That back, will be
opened the Treasury the United States aud the
loan Offices the frs, day of April next open
until the first day of October thereafter receiving
sons IN conformity with tie provisions Of the saId
The subscriptions may h made by the propetJs of the
stock, either k their Attorneys duly authorized 10
subscribe aud transfer ito the United States.
Should subscriptions said stock he an amount
c.edg Twelve millions dollars distribution Of the said ,us,
OF twelve millions, will b. made among the subscribers
portion 10 the sums subscribed by them respectively.
SANrL l.. SoUTHARD
Actmg Secretary Of the Treasury
March tOS-,sn,hS >