Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1860-10-18
81 [OFEIO1AL.l
OHIO STATE LOAN-$6, 400, 900.
OFFrcE or THE COMMISSIONERS or THE srNKING0
FUND or THE STATE OF OHIO,
flnluuf h1z aurrrrat fsgn j

OEEICE OF COMMISSIONERS OF SINKING ]
70 q oolaab bus, August zs isSo !
THE STATE OF OHIO DESIRES
IL TO borrow the SUM Of six millions and ioqr
hundred thousand dollars, to be applied exclu5lvely
TO the payment of that portion of te public debt re-
deenable at is pleasure after the thrIyhrst qay OI
December next, and, 10 that end, the
Ofthe Sinking Fund Of the State under authority OF
an Act OF the General Assembly, will receive sealod
proposals, at the Ohio State Agency No = Williams
street, New York city, until Il o'clock NJ Of the
Twentieth day Of November next for the purchase Of
SIX MILLIONS AND -FOUR HUNDEED THOU
SAND DOLLARss Of the Transferable Certineates
Of the Funded and Registered Debt Of the State Of
Ohio bearing Interest from the hrst day Of January
1861, 20 be paid semi-annuaIly on the hrst days OF
January and July Of each year, at the Ohio state
Agency in the City Uf ew ork, with the principal
rs bursable az the same place. and which, as TO the
rate per cent Of interest and the time Of final re-
demption, shall be in accordance with such OF the
tkres conditions following as the opening Of the
proposals. the Commissioners may deem to be most
advantageous 70 the State, that is to say.
J. Bearing interest at the rate OF Five per centun
per annum, ard Reasonable az the pleasure Of the
State after the Thirty first day OF December, 1890
2. Bearing interest at the rate Of Six per centum
per annum, and redsemable at the pleasure Of the
State after the thirty -rst day Of pseember, $50
8. Bearing interest At the rate Of Six per centum
per aunum, and redeemAble at the pleasure Of the
stats after the thirty -frstday Of Deoembsr IssO.
Each proposal must state distinctly for which of
these classes Of certificates it made, the amount Of
dred dollars Of each class proposed to be taken and
must be accom- panied by certified check on or GER
tifcate Of deposit Of one Of the banks Of New York
City, payable to the order Of the commissioners, for
sum equal to five per cent. Of the amount Of GER
ti6cates bid for which shall be forfeited If the
bidder shall fail in case any Of the certificates
aWardsd 70 him 70 pay the residue Of his bid at the
time hereinafter sbsciiled for that purpose No bid
al less than the par value Of the cer Gates, or for
40 amount less than i've thousand CdOilarHi Will be
considered, and each bid shall be deemed as made
either Tor the whole sum named therein, or Tor such
pro rata amount thereof as, ht the TLte specined,
may be assgnable TO the bidder regard being had to
Interest on the deposit, d the fafe for which the
certificates are awarded TO him, will be allowed TO
each successful bidder aDd adjusted on the delivery
a the certificates, and each will he requred to nav
me residue Of the amount bid By him on the TWENTY
ninth day OF December 1850 at the Ohio State Agency
in the city Of New York. at which time and place the
Certificates awarded will be 1eady for delivery. Ger
tcntes of the Funded Debt Of the State Of Ohio re-
deetnable the first day Of Jannery ls6l viii be
eeved in payment iany Partoi Ihe oahh hereby con-
templated. ,.
The deposits Of the unsuccessful bidders will Be
turned to them upon application at the phio state
Agency on the day next subsequent TO the opening
cf the proposals. Ii -, I -. -. -
The commissioners reserve the rtgnt 70 reject any
al the bids II they shell deem it necessary 10 or
der 10 protect or promote the interest Of the State.
Proposals for this loan must be incloeed in sealed
euvelop, directed to the " OOmnils1iqners OF the
Sinking Fund Of the State Of Ohio and endorsed
Proposals for the Ohio Loan. y lT = foIrT.ftt
IN order 70 secure uniformity, and Tor the conVe-
nienee Of bidders, the Commisg have prepared
form Of proposal which, together With copy Of the
act authorizing the loan, and any information de-
sired IN the premises, may be obtained Vt the Ohio
State Agency in New York City, OF at the Office Of
the commissioners in Columbus, Ohio
r. W. TANLER, Auditor Of State
A. =. RUSSELL, Secretary Of STATE.
va S.iE. WOLCOTT, Attoruev GeukreI. tl I'd
Commissioners Of the Sinking Fund Of the State Of
OHIO 0etlaosW tonoT2Q1 =