The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-05-03
TREAERY DESARrMENr'

PURSUANT to two several acts Of Conn.
passed respectively the 2lst Of july ISL ~,
the 18th Of April 1912 and under the AUTHORITY ofl
President of the United States contained IN a en-,
mission under DIS hands bearing even date herewith
and directed TO the Secretary Of the Treasury
NoTIcE is hereby given that proposals viii h. D..
ceivcd by the Secretary Of the Treasury until tb 49,
day Of May next fIom any person who may od,r y
loan to the United States the Of Three Allllo,,
Five Hundred thousand Dollars or any ,,,,, ,l'
OF, not less than five thousand dollars The stool !
be issued for the money loaned will be in sums ~,
less than hye hundred dollars and will bear an ina
rest OF SIX per centum per annum payable half YEARLY
at the Treasury of the United States or at suc n
It's agencies as shall be designated by the Secretary n
the Treasury and will be rembursabe at the ui,
sure OF the Government at any time after tys,.l,
years from the irst day Of January eighteen hundrr
and forty-three.
The proposals must distinctly state the amount .,
money offered to be loaned, and the that " m he
paid for each hundred dollars of stock
The amount loaned is TO be paid into the T feasr,
Of the United States, at Washington; or The Phil,
delphia Bank or the Bank of Commerce or nix
Bank of America, in New York or the Mercbanr
Bank in Boston; the Bank of Virginia, at Ricb.
mond or the Southwestern Rail Road Bank II
Charleston, s. c., a special deposit 10 the credit ),
the Treasurer Of the United States
The amount which may be subscribed will b. re-
quircd in instruments, as follows, viz Fl.
One-third on the fifteenth day Of May next
1 II.
One-third on the first day of July next
But any person subscribing may pay any afs,,
amount at his option.
| The Department reserves the right Of acceplln,
such proposals only as shall be deemed advantages
| to the Government.
The cashiers Of the several Banks where tie az
mens shall be made and the Treasurer of the United
States will respectively issue scrip certificate bearing
interest at the rate of per cent. per annun to t
persons making the payments, and will lndorse there
on the subsequent payments on account Of the se,l..
i raj instruments when made. The scrlp Certificate
will be assignabe by Endorsement anddeiyery and an
the completion of the payments certificates of stock
| will be delivered by the Treasurer Of the I,nnnl
States or 10y the cashier of the Bank where thetal
ments shall have been made.
On failure Of payment OF any instalment the next
preceding instalment to be forfeited
The whole amount subscribed by any party MAJ
be paid at any time after the acceptance Of his otc
in anticipation of the required instalmenls and On
tifcates Of stock will thereupon be issued iql Such
| amount
! The stock to be thus issued will be transferable b
Endorsement and delivery, and the half YEARLY pay.
ment of its interest and the eventual Reimbursement
of its principal will be charged upon the inoue,.
arising from duties ON goods wares and merchandise
| which may be imported into the United Stae,-.,o
much thereof as shall be equal to the payment from
time TO time, of the interest and the ultimate redep
ton of the principal of said stock being pledged AMI
expressly appropriated for these purposes by the a
of the fifteenth of April aforesaid and by the sane
act made applicable in the first instance, By tie see
rotary Of the Treasury, TO such payments aud It,
demption.
W. FORWARD
/ Secretary Of The Treasury
I5-To be published in the National negligence
Baltimore Sun, American Sentinel, New York ou4
mercial Advertiser, Boston Atlas, Portland Advert,
ser, New Haven Palladium, Hartford Patriot and
Eagle, Norfolk Beacon, Southern Patriot
April l9-tlMay