Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-07-15
TREASURY DEPARTMENT,

yNHEREAS, the Sd Of March, 1885, law was pas.i nv
w the oonsre Of United States, oil which the 3d. 4t
aud 9th sections, are IN the words following
Sec 5. Ind be At further enacted That subscription TO
the amount OF twelve millions dollars the per e,u
same hereby proposed for which purpose books shall be
opened the Treasury of the United State, and the
an,il the first day Of October thereafter parts Il the
aforementioned description OF stock, shall the day
OF the several loan Offices respectively; which subscription
shall bs elected by transfer the United States,
nee provided by law Tor such transfers. Of the credit credits
Standing on said books and by surrender OF the certificates
the stock subscribed Provided That all subscription b
such anes OF stock shall be consdeted part the
twelve millions Of dollars auhorisedto be borrowed by The
section Of this act
"ee. L. 9ndbe it further enacted That for the whole or
part OF any which shall be thus subscribed credits
shall he entered TO the respective subscribers shall
tled 10 certificate or certificates, supporting the United
States owe 10 the holder OF holders thereof, his, her. their
assigns 10 be expressed therein, equal the amount
the principal stock thus subscribed bearing au interest not
quarterly, Thirty first day OF Decsmber, one H.
eight hundred and twenty ve transferable same man
provided by law for the the stock sub,cr
cd and 'ueeto redemption at the pleasure OF the United
States, follows one half any after the ,hy-rs,
day Of December, thousand eight hundred and
eight and the remainder at any time after the day
Of December, thousand eight hundred twenty
PrOidd That shall made except for the
whole amount of such certificate, until after at least h
months public notice of such intended reimbursement And
shall be the duty the Secretary The Treasury 10
TO be reaneed the respective subscribers the several
sns by TIN. subscribed beyond the unt OF the eertic
Of four and onea per cent stock issued 10 them
Sec s. 4nd he further enacted, That the same fluids
which have heretofore been and pledged by law for
The payment OF the interest," and for the redemption and
burement Of the stock which he redeemed OF
by virtue of the provision, of This act shall remain
ike mauner fot the payment OF the aocrug on the
stock created by OF such and for the
demPton reimbursement of the principal OF the same And
shall the duty Of the OF The sinking Fund
TO to be applied and paid of the fund yearly and
every year, such and may he annually required
discharge the interest aeeruin the stock which may
aed by virtue OF ts act The said Commissioners are also
hereby authorised apply from time time such sum and
sums out The said fund, they may think proper
reieemng, by purchase, by reimbursement in conformity
with the provisions Of this act The principal the said stock
an such part OF the annual of ten millions dollars
ed by law, III the said Commissioners may essary and
regui ed for the above purposes shall be- continue
printed the payment OF Interest anal redemption of the pub
lie debt until the whole of The stock which NAV be created
under tue proyions Of this act shall have or
Tembursed.'
Nos therefore, Notice ishereby given That book, will be
opened the Treasury Of the United States several
loan Offices the frst day Of April next and continue open
until the first day October for receiving
tsons IN conformity with the provisions said law
The subscriptions may he made by the proprietors Of the
Stock either by their Attorneys duly authorized
subscribe and transfer 1t 20 the United States
Should subscriptions Of said stock be made amount es-
eeedins twelve millions Of dollars, distribution Of the said sum
OF twelve millions, will he made among the subscribers pro-
portion TO the sums subscribed by them espectveIy.
SAML L. SoUTHARD
- dcting Secretary Of the Treasury.
March d. lO5-tSOhS