Constitutional Whig. [volume] (Richmond, Va.) 1824-1832, 1825-04-19
TREASURY DEPARTMENT.

WHEREAs, on the Sd of March. 1926 q law
w passed by the Congress of the United States. =,
which tue Sd 4th and 5th in the words .o
ing, viz
SEC j. ind be IL further enacted, That subsc ri,icr
to the amount OF twelve millions dollars OF the six ~
cent stock Of the year eighteen huudred and thirteen lie
and the same iS!c,cby proposed; which pi pose boot
snail be opened at the Treasury the United States and
at the several loan Offices the first day of Apr next
10 continue open until the first day October TO-
sucn parts OF the above mentioned description
SMALL on the day OF subscriptions stand on the b,oks of b.
eaS"y ana on those OF the several Offices respect
''ciy "hioh subscription shall be effected by transfer TO
the United States, i'll the nne provided INV law for
Such transfers, of the credit credits standing ON the said
books and by the certificates r1e ,nck en-
subscribed Provided That all subscl pon by such trans
Ter OF stock shall he considered pant of the said twelve
"s VI collars authorized to be borrowed by the
section of this
'.S EC. d. lind be al further rpocJ,3 Th,, r.. H.
OF any part of any which shall he thus subsc,bed
credits shall be entered the respective vino
shall be entitled to certificate ur certificates nur,,ong
at he United States to the holder holders thereof
ms, her, or their assigns, expressed therein
equai 10 tie amount OF tile principal stock thus Subscribed
bearing an Interest exceeding and one half No
tcen'um per annpn, payable quarterly, from thirty
hs' day OF December, thousand eight hundred and
twenty i've; transferable in the manner as is pov
o ny law Tor the transfer of the stock subscribed and
ect to redemption the peasu of the United States nc
follows: one half any the thirty d,v of
december one thousand eight hundred tweny-eight;
ana me remainder at time thirty first day of
december one thousand eight hundred and twenv-nine.
mat no reimbursement shall be excep, for
~ ""oe amount oil SUCH new certificate; until after
at least six months public notice of such intended r,,
bursement. And shall the duty of the Sec,e,a f
e treasury to cause to be reansfeed the resnpctive
the several by them beyond the
amount OF the certificates one half er cent
stock issued 10 them respectively.
SEC. .. find be ii further ea,acted Thar tho sar
funds which have heretofore been and now are pedoed
oy law Tor the payment nthe interest for the redemp-
ton and reimbursement of the stock which may be re-
deemed or reimbursed BY virtue OF the provisions this act
snail remain pledged in like for payment of the
| hv
SUBSCRIPTIONS and for he redemption reimbursement of
Inc principal OF the And be the duty of the
commissioners OF the sinking fund to be applied
an" p' OUT Oh me SAID fund, yearly and every year.
sum ana sums as may he annually required to DISCHARGE
the interest accrung the which NAV he created Nv,
virtue OF TINS act he said commissioners are, also hereby
a"ozed To apply from time to time, sum and sums
u VI Tue SAID iuhd as they may think proper towards re-
ueenig by purchase OF by reimbursement in conformity
with the provisions of this act, tie prncna of Tho i,
socK ana such part of the annual of ten millions of
ooafs vested by law in the said commissioners as NAV he
necessary and required for the purposes shall he
and continue appropria pa yncut of interest and
redemption of the public debt until the whole of Tho l
whlch may be created under provisions of this act
shai have been redeemed or reimbursed"
Now therefore, notice is hereby given that books will he
opened M the Treasury of the United States and at the
seFe ioah oices on the first day Of April next and con-
tinue open until The first day of October thereafter for re-
ceVng subscriptions in conformity with provisions of ,
| said law. Wv
subscriptions may be made by proprietors of the
Stock either IN person by their ATTORNEYS duly a,bri
cd to subscribe and transfer it to the United S,n,es
should subscriptions of said stock be made to an amouu
WE'VE militons al dollars, distribution of the
S'ia sur" OF twelve millions will he made among the sub
scoefs IN proportion to the subscribed by them res
| Pectively.
SAMUEL L. sOUTHARD.
\, Acting Secretary of the Treasury.
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