Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-05-13
IEEAsrRY DEPARTMENT.,
March II, 1926.

VNTHERKAs, on the Sd oil March, 1895 n law w,u
w passed by the Congress of the United States of
which Sd, 9TH, aud 5h sections the words follow
ing, viz:
0SEc ); Ind be az further enacted That s,ls, r;,,
amount twelve millions of dollars of the six pe
stock of the year eighteen hundred and thirteen he
aud the hereby, proposcd; for which purpose books
shall be opened Treasury Of United States and
the several loan Offices the first day Of Apri next
open until the FIST day of October for
parts the above mentioned description stock as
SHALL the day of subscription, stand of the
Treasury, those of the loan Offices cspec
lively; which subscription shall be effected 10y transfer to
tine United States in the provided by law for
transfers. of the credit credits standing on the said
books, and by surrender of the certificates stock
subscribed Provided That all subscription lv such trans
shall be considered part of the said twelve
millions of dollars authorized be borrowed by the ii
section of this act.
"SEc. +. lad6e further eracied That for the who,
any part of any which shall be thus subscribed
credits shall be entered to the respective subscribers
shall be entitled certificate certificates
that the United States to the holder holders thereof
his her, their assigns, expressed ,be,c,
equal To the amount OF the principal stock
bearing interest exceeding and one half no
centum per annom payable quarterly from the ihrtv-
first December, nd eirht huured ~,
twenty five transferable III the same ma nner as is provi
ded by law for the transfer OF the stock subscribed and sub
jcct To redemption the pleasure of the United STATES
i"o"s: one nan at any time after the thirty rs day OF
December, thousand eight hundred and twen,vciot
and the remainder any time after the thirty fins, ay al
December, Thousand eight hundred and twenty.
Provided That no reimbursement shall be made excep for
Ihe Wiuie amount OF Such certificates;
at least SIX months public notice of such intended re-
burSenent Aud it shall be the duty of The Ser,c,ar ~
the Treasury TO TO he the
subscribers the several by them subscribed n rho
amount OF the certificates of four one half per cent
| stock issued to them respectively.
SEC. S. Ind be il ftyILer eDncfea Tina, tho s,.
funds which have heretofore BEEN and now are pIcdacd
ny law Tor the payment nj the interest for the re,em
ton and reimbursement of the which may be re-.
eeeo OF reimbursed by virtue of the provisions this
snail remain pledged in like fo payment of the
interest accruing on the stock by reason of sI
subscriptions and fol the redemption or reinbu,se,ren 81
me phcal OF the And shall lie the duty Of The
commissioners of the sinking cause to be apped
ana paid out OF the said fund.- yearly every wear such
sum and sums may be annually required IN ,IscI,rr
the interest accfng the NAV he crea,ed Inv
virtue oi this The said commits al.d bcro
"Hho2cdo apply, from time tme such sum and sums
out oil Tue said fund.- they may think proper towards
deeing ny purchase or by reinbursemen in conformy
with the provisions Of this act, priucipal of the
s'ock ana SUCH part of the annual ten millions Of
ooIas vested by law the said commissioners ma bo
necessary and required for the above purposes shall l.,
and continue appropriated payment of ineres, and
redemption oil the public debt, until the whole of the stock
which may be created under the provisions of This
shall nave been redeemed or reimbursed
Now therefore, notice is hereby givcu that hooks will he
opened ~ the Treasury of the United States and at the
several loan Offices the first day April next and con-
'nue open until the first day of October thereafter for
| said law. " ~
me subscriptions may be made by propctors of tho
S'ocK either Ill person by their Attorneys duly auhoz
cd to subscribe and tIanser it the United States
should subscriptions of said made TO an amount
exceeding twelve millions of dollars, distribution of the
said sum of twelve millions will be made an,ono tho chi
scr'crs in proportion tie sums subscribed Inv them
pectively.
SAMUEL l.. SOUTHARD.
=, Acting Secretary of the Treasury