Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-06-24
TREASURY DEPARTMENT,

| NJ HEREAs, on the sd of March, 1926, a law wa :
W passed by the Congress of the United States IF
WHICH the 81, 4t and sections are in the words oI
ing, viz: - ~ '''''-
"sEc. g. find be 1t further enacted Tina, suscr;no.
'ue amount OF twelve millions of dollars of the six
cent stock of the year eighteen hundred aud thirteen he
n, u sumo hereby proposcd for which purpose books
DC opened at the Treasury the United States ,ud
at The several loan Offices the first dav of Anrl ns
to continue open until the first day October f
suc P'l's Oh me abo"c mentioned description stock as
sn, on the day Of subscriptions on the books of e
Treasury, and ON those the several loan Offices
lively; which subscription shall effected hy transfer r.,
the United States, in the ma nner provided hv I,v,
such transfers, OF the credit credits ning on the said
books, and by surrender of certificates of tive sock
subscribed Provided, That all subscription by such trans
ef OF stock shall lac considered part of the said .oe
nio's o dollars authorized TO DC borrowed by first
section Of this act.
SEC a. .f,d6 H(trtter enacted, That, for the who..
Oh any pht o which shall he thus subscribed
credits shall be entered the respective SUBSCRIBERS who
sfui pecned to certificate certificates p,,rportinr
that the United States the holder or holders thereof
hS' he or their assigns, expressed therein
equal to tile amount OF the principal stock thus subscribed
bearing an interest not exceeding four one hall per
ceh'uh per annum, payable quarterly the thriv-
m's Gay oil pscelnber' one thousand eight hundred aud
twcnty-ve; traustcrra BILE same manner ms &c o,
ed by law for the subscribed, and sinh
10 redemption al the pleasure of the United States as
follows; one half any tune the try-frst dnv Of
December cue thousand eight hundred tweu,y-eirh
anu the remainder time thirty d, f
Decembcr one thousand eight hundred and twenty nine
Provided, That reimbursement be made cxceot jr
the whole amount OF new certificate; nor until
at least SIX months public nutice of such intended rel
bursenent Aud shall be the duty of the Seo.earv of
The Treasury to be retransfcred to the ,es.cve
uoScpers tue several sums by them subscribed beyond the
amount OF the certificates Of iot and bne half per cent
stock issued TO them respectively.
SEC s. lind be IL Thriller cuoc,ed ,rh.,, ,,o -
funds which have heretofore BEEN and now are u.dged
ny law for the payment ofihc interest and for the .fcnr
non ana reimbursement of the stock which may bc re-
ncemcd or reimbursed by virtue tho provisions of this
sdli remain pledged in like payment of the
interest accuiug the created by reason of such
subscription, aud or the redemption on reimbursement, of
me principal of the shall bc the ntv f tho
commissioners oil the sinking fund cause ~ c annlicd
and paid out of the said fund, yearly every wear sc
sum ana sums as may be annually required discharge
the interest accruug the which may be created Inv
virtue oil this act he SAID commissioners hereby
authorized To apply, from time time such sum and sums
our oil the sand iun, they think proper, towards
deeming by putc,ase, by reimbursement, in conformity
WIN the provisions OF this act the principal Of the said
stocNi ana such part on the annual of milll5
"olarS vested by law IN the said commissioners as may be
necessary and required for the above nun noses shall he
ana continue appropriated to HE payment of interest and
redemption OF the public icbt until whole of the stock
winch may be created under the provisions act
shall have been redeemed or reimbursed"
Now, therefore, notice is hereby given that books will he
opened ~ the Treasury af tho United States srd at the
several loan Offices, the day April ncxz and con
nue until the first day of October thereafter for
cetyg subscriptions in conformity with the provisions
said law.
The subscriptions may be made by prnpretors of the
stock, either in by their Attorneys duly auoriz
ed To subscribe and transfer il the United States
should subscriptions OF said stock made to an amount
exceeding twelve millions of dollars, distribution of the
said sum of twelve millions will he among the sub
scrhers III proportion the subscribed by them
pectively.
SAMUEL l.. SOUTHARD,
Acting Secretary of the Treasury.
March % sat