New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-01-20
DEs MONIES RIVER TJppov,
rtcur pyR CENT srr1l1,' hOFE-

EENT EIGHT FER CENT. STOCK RI. %
,,rb.r si,rs for sale Al. $780, zoe EIGar pm rv~o
PREFERRED COUPON pONDs, Aalaorizsd !, ~ ~.
By te STATE ofrova er'.' 90 ~" DIS MONIES sIvr,
IMPROVEMENT cos rRUcuON srOcSs ~.
principal and interest paysAs Al the brAsias.Aoa,. =,
Mes,r., DUNCAN, SHERMAN & co. IA the On, -
NV York.
The principal is rayab'e a. the pleasure Of,As s,,,.
Iowa amer 1857 a; tie ra.s Of sco 90 eseh year uD a.
whoe sum PAID ard che n crest On ne hrt 1sy,efN
and November OF each year.
Thee Bonds Afford a ssse rud favorable iaves.s.,, a.
capitalists aud issued IN plrsusncs u al ~, a, -
Legislature Of the state = Iowa. f,r the purpos, NJ
proving The nayis ati-n, &c 4 the Des Mosss River n.
security Of these Bonds based upon lads appropsl
an act Of Ger gress approved Ans s. 1916 Ersatasaa
then T.rritory II Iowa, or the purpose 81 adm, -,
Territory TO improve the navigation Of the Dss Men,.
River fom i,suouh 20 tie Rseooon Fob. $50 eAIlls
SAID Territory one equal uoy m alternate s,cton sfr.
public lards remalr.n- sold m astrp avs miles xss
on each side OF SAID nycr.
The proceeds II these iaals are ir-eyoca ably tsdrs
the faithful fulflneE; OF these oo gai u IA. s,
ard for the mpi.on Of hs pr Rcpal aud rstsx a.
Bonds above described.
These certificates Rouds enttle the holders ..s,.s
to tie net proceeds OF tie SAFE of ali iaads ksre,s,.
that may hereafter BE- granted by Congress, fOr the eri
benefit ofsad improvement AMI also 10 the p.ss.
and profits to be hahfauy spp sl to tie psynss, sf
est on and redemption o. such certificates 81 s,ssi
hereinbefor provided"
The amount Of lands thu secured to the STATE a2phs,
70 the bee, aboye-mtn ned and still remaining uas
exceeds million Of acres which IS Rot g be ssla f a.
first i've years AFTER . Is offered yearly parcels of 2
Acrcs for less than 50 per acre ali then remaining us
Of each parcel az not less than 81 50 acre SUN
has already expended upon he works OF tas ay
\ I'D Gnh
sales.
The subscriber invites the attention Of esptalispsa,
ahoy.-dsscribed securities believing hem 10 he srs
lent and safe investment TheS's'e Of Iowa has appca
trustees whose duty It sapsun,ead The works Of ~
prcyement an make fhful appropriations and sr,eaA
lures Of all moneys that may sase from the sales Of u
lands granted by Congress. The honor Of the Stas
pledged Tor the proper aaprop aon Of me sane 70 IL
payment Of tas principal ard interest thereon cat Of ~
trust fuEd.
The act Of rlleys gran ing these lands Is svc.a,
stringent 10 prevent ary nap'reoratloa Of rs mcss
arising ont Of The sal,s n. be seen By IN esansas
Of the second section OF the act. ~ follows:
"SEcrIoN2 AaI jt 20 l,vl4,r enacted. That he IA
hereby granted shall not b conveyed disposed efHnl
Teriitory nor by ANY be formed OUT Of the ans
e.csrt o. SID Improvements saal ~ 'gTess that has
said Territory or Sofc ray cell - much Of said sntsu
shall produce TIE ot l o, and then tbs sales a,r
cea ., uufl TIE GoNelip'A "a" lsiioy OF otse nA
ce.tiy the l3ct 70 the President OF The United States a
me haifof said sun hes tecl 'rFen-ol On sad npps
u,it when the said Iernoy " safe may sell and coz
gsy quauuy OF ne .iue u "a Il lands suhosn to N
place ihs amount ,x8ead,a asc Illus the sales shall pr
he proceeds thereof sh, be expended and he
fac ofsuoh e, pend shall De certified as Aforesaid
The Bonds are icsusd payable 10 the bsAssr and
sups OF $50, with Coupon attached
They are osoled IN anuuurs g. sat purchasers.
tcie,e,i1 SIMEON DRAPER
New-York January r. 1852 Il3funks