The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-04-20
Treasury DEPARTMENT, IS

I d URSUANT to two several acts Of Congress
) i passed respectively the 2lst Of July, l64l, an
the 18th Of April 1912, and under the authority 9th
President of the United States contained in com
mission under his hands bearing even date herewith
| and directed TO the Secretary Of the Treasury,
! NoTlcE is hereby given that proposals will be re
ceivcd by the Secretary of the Treasury until the frs
| day of May next from any person who may offer Il
| loan to the United States the of Three Million
Five Hundred thousand Dollars or any part there
of not less than five thousand dollars. The stock Il
be issued for the money loaned will be in suns no
less than five hundred dollars and will bear an int
Of six per centum per annum, payable half yearl,
at the Treasury of the United States, at such 0
it's agencies shall be designated by the Secretary
the Treasury and will be reimbursabe at the plea
lsure OF the Government at any time after twenty
years from the irst day of January, eighteen hundred
and forty three. l4
The proposals must distinctly state the amount O
money offered to be loaned, and the sum that will b.
paid for each hundred dollars ofstock.
The amount loaned is TO be paid into the Treasury
Of the United States, at Washington or the PhiIa
delphia Bank; or the Bank OF Commerce, or thu
Bank Of America, in New York; or the Merchants
Bank in Boston; the Bank Of Virginia, at Rich
mond; or the Southwestern Rail Road Bank al
Charleston, s. c., special deposit 10 the credit o
the Treasurer of the United States.
The amount which may be subscribed, will be re-
,qured in instruments, as follows,
Onehrd on the fifteenth day of May next
4 One-tnlTu on the hist Jay oil June next. r
| One third on the first day of July next
But any person subscribing may pay any larger
lamount at his Opt n.
The Department reserves the right of accepting
such proposals only as shall be deemed advantageous
10 the Government.
ments shall be made and the Treasurer of the United
States will respectively, issue scrip certificates bearing
interest the of six per per annum to the
PERSONS making the payments, and will indorse there
On the subsequent paymen on account of the seve-
| al instruments when made The scrip certificates
will be assignable by Endorsement and delivery and
he completion Of, the payments, certificates Of stock
will be delivered by the Treasurer Of the United
States by The cashier Of the Bank where the pay
lnents shall have been made.
/ On failure of payment of any instalment the next
preceding instalment 10 be forfeited.
| The whole amount subscribed by any party may
paid at any time after the acceptance OF his offer,
anticipation of the required instalments, and
thcates of stock will thereupon be issued for such
amount.
ihorsement and delivery and the half yearly pay
nent of its interest and the eventual reimbursement
q its principal will be charged upon the moneys
Arising from duties on goods wares and merchandise,
Which may be imported into the United States-so
much thereof as shall be equal to the payment from
tine to tine, OF the interest and the ultimate redemp-
tbn of the principal Of said stock being pledged and
expressly appropriated for these purposes by the act
d the fifteenth of April aforesaid and by the same
act made applicable in the first instance, by the Sec
rotary Of the Treasury, to such payments and re-
demption
w. FORWARD,
Secretary Of the Treasury.
u5PTo be published in the National Intellgencer,
Baltimore Sum- American Sentinel New York Com
mercial Advertiser, Boston Atlas, Portland Adver-
ser, New Haven Palladium, Hartford Patriot and
Eagle, Norfolk Beacon, Southern Patriot.