New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-01-15
-p voDU NAVY 1RIRINE THURSDAY JANUARY Is, 1897.
- n..lAhs RLVER IMPRNXE-

TIES HNlA - MY Gh iMF npF r.
- hENT EIGHT PR CEN T. S.3oN Tho .no-
,,,t,r.r,.sferais sI.360.0O0 kIGdr PER CENT
rFrFrpErp COUPON FOSDS,aa 'fE'd ~ boz ''n'd
80 ,,.,ofr,-o es',t,lfhs DES MONIES RIVER
f,spTcyryvNT CONSTRUCTION STOCK Tae
-rrcrsl s,d interest pgabs a. TIE B. house o.!
M,,r. DUNCAN, SHERMAN co. iaths Chy Of
Nv Ysk.
preirsl IS raysbs a. the pleasure oi me sac o"
,as- 49, ai f4s rate of o Go each year in '''
wlc'ssur rsl ard me ia tits %. GIG To .'-J
I'D Fovtribsf Of eprh year.
Thssc poas an 70 a SAFE and iaTo-a'. iiFcsme'' i'T
o,,.l,. ad ars issued IA pursuance 81" a' aci 81 ne
r,lst.re 81 ne state Of lows, Or the nl7s' % i
r.yre be- nasisa-i-D. &c a. re Des i'-S hF'f ths
,scufiy al hese Bond, based upon iAd 'o y
AZ az o. Csrgross approved August -''' e. tu ' ~
,ssu T.5ts5y Of I1aa fr the purpose 81 aiding sia
rs-,.,.-, ., improve The navigation OF taa Des MONIES
r,r IN s..u n go che Racco3n - lso ctied') IN
aid lsr-o-r ore equal noey in alternate sections otths
b, lars rsmarios pusoid IN strip five miles m "'i.h
os each side OF said rlscr'
III. proreeds 4 these lands are irevo'oF pledged 10y
ne ahul falsllmens Of these oblgton'o OF tbs Sa'e
and for tie rede pfon OF the prnci ana .heo't "a '
Brrds abeys described
csc certificates or Bonds oae ths holders lors1
as net proceeds of the OF ali lands heretofore, ~
that NAV hereafter be granted By Congress fr the use d
benefit Of sad Improvements and also O. tne net PTo Of
vaterreas AMI tolls said improvement sad p'ocsraS
srd Profits 70 &c hfly applied 10 The payment 81 'e'
st on and Redemption Of such ceItfca.es o. STOCK IS
hereinhefore provided
The amount auSs thus red to the stare applicable
tie beet above and stu remaining unsoid
exceeds million OF acres which lot t. be sold Tor the
first i've years after it offered IN yearly parcels OF 'l
screS or less than - per all then renainns unsoe
Of each paIcel al less than 81 81 per acre S51"
has already expended upon the works OF the improve
men progress OF construction AID paid r by iaad
sales.
The subscriber invites the attention Il capitalists the
abovse.crbed securities believing them TO be eIasl-
lent and safe investment Tae ate Of has appointed
trustees duty is 70 supsrntend ,he works 81 n-
povemsrt and make fshf appropriations aad eSpendi-
t.fss of all moneys that sse from The sales Of the
LANDS granted by Congress The honor OF the state Is
pledged for the proper approp aon Of he same to the
payment If principal and interest thereon ont OF SAID
trust tBad.
The act Of ssress granting these lands is sucisnti,
stringent to prevent any incorporation OF the moneys
arsmg Of he sales VIII be seen by al examination
Of the second section OF the act, as follows
SECTION g. And be- & tarfser enacted, rhs. the lAaI
hereby granted shall not be conveyed disposed OF ov sad
Territory nor By auJ STATE to be formed out 81 Tho
EXCEPT as said improvements shall progress that u.s. the
ad Territory or STATE may sell much Of said lands
shall produce the sum Of $4,000 and then the sales Iha
csase until the Governor Of sad Territory state shah
lv the fact 20 the President OF the United Safes thlt
one hall Of sad has been eHpeneel sad improve
meft when the SAID Territory State may sell and con-
veg quantity ofbo residue OF sad lands suoeai 70 re-
place the pended AID thus the sale, sha
ges Al the proceeds thereof shall be expended and
fact fsuch expenditure shall be certified aorestid'
The Bonds issued payable to the bearer aud are N
suns OF $780, with Coupons attached.
They are offered m amounts 20 suit purchasers
(Signed) SIMEON DRAPER.
New York January p. 1882 Us TurhSS