The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-04-22
Treasury DEPARTMENT,
Aur,l IL 1912

PURSUANT TO two several acts of Congress
i passed respectively the 2lst OF July, 1871, and
the 9Th Of April 1872 and under the authority ofthe
President of the United States contained in a com
mission under his hands bearing even date herewith,
and directed TO the Secretary OF the Treasury,
NorlcE is hereby given that proposals will be re-
cevrd by the Secretary of the Treasury until the first
day of May next hon any person who may offer TO
loan 10 the nited States the of Three Million
Five Hundred Thou: and Dollars, or any part there
Of not less than fvethousand dollars. The stock TO
be issued for the money loaned will be in suns not
less than five hundred dollars, and will bear ints
rest OF six per centu per annum payable halt yearly
at the Treasury OF the United States OF at such Of
its agencies shall be designated by the Secretary
the Treasury; and will be REIMBURSED at the plea
sure OF the Government at any time after twenty
years from the first day of January, eighteen hundred
and forty three ..f
The proposals mus, distinctly state the amount of
money offered to be loaned and the sum that will be
paid for each hundred dollars ofstock.
The amount loaned is TO be paid into the Treasury
Of the United States, at Washington or the Pha-
delpha Bank the Bank OF Commerce. or the
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, at
Charleston, S. c. special depo it 10 the credit of
the Treasurer of the United States.
The amount which may be subscribed, will be re-
CURED in instruments, as follows, w:
One third on he fifteenth day of May next
Onethrd on the fist day of June next
One.thlrd on the first day of July next
But any person subscribing may pay any larger
amount at his Opt n.
The Department reserves The right of accepting
such proposals only as shall be deemed advantageous
to the Government.
The cashiers Of the several Banks, where the pay
men,s shall be made and the Treasurer Of the United
States will, respectively, issue soup certificates bearing
interest at the rate of six pet cent per annum, tke
persons making the payments, and will lndorse there
on the subsequent paymen IN account of the sevc-
raj inst mrnts when made. The scrip certificates
will be assgnabe by Endorsement and delivery, aud, on
he conn If the layLenis, certificates of stock
will be d, lvercd by The Treasurer OF the United
S atts, or Ivy the cashier of the Bank where the pay
ments shah have been made
On failure of payment of any instalment the next
preceding lnstalment TO be forfeited
The whole amount subscribed by any party may
be paid at any time after the acceptance of his Offer
in anticipation of the required instruments and GER
tfcates of stock will thereupon be issued for such
amount.
The stock to be thus issued will be transferable by
Endorsement and delivery, and the half yearly pay
ment of its interest and the eventual reimbursement
of 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
time to tine, of the interest and the ultimate redemp
ton of the principal of said stock being pledged and
expressly appropriated for these purposes by the act
of 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-
dempton.
w. FORWARD,
- a..