Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1860-12-12
[oFFIcIAL.
A LOAN-$6,4 400, 600.
oFFIcE OF tbs COMMISSIONERS Or NE sINKrSs)
Columbus, zsth August 1850.
THE STATE OF OHIO DESIRES

49, -@1@-I N@H
ITHE STATE OF OHIO DESIRES
sur HUNDRED iT~HoGUsIA.H4D b6LLGR5, to +,
applied exclusively to the payment Of that portion
VI Tho public debt redeemable at its pie sure afiel
the thirty first day OF December next, and, tC
that end, the Commissioners OF the Sinking FunC
Of the. State. under authority Of an Act Of 70
at the Ohio State Agency. No Is Williams street
New York city, until u o'clock NJ, of the Twen'
SIX MILLIONS AND FOUR HUNDRED THOU
| SAND DOLLARS, OF the Transferable Certificates
Of the Funded and Registered Debt Of the State o.
Ohio, bearing interest from the first day Of January
1851, TO be paid semi-annualy on the first days o.
January and July Of each year, At the ohio state
/ r0imbursable at the same place, and which, rs to The
rate per cent. Of Interest and the time Of final 70.
dempiion, shall be in accordance with such OF the
two conditions following as on the opening OF the
proposals, the Commissioners may deem to be most
advantageous to the State, that is to say:
l. Bearing interest at the rate Of Five per centum
| per annum, and redeemable at the pleasure Of The
State amer the Thirty-frst day OF December, 1885,.
2 Bearing interest at the rate Of Six per centum
| per annum, and redeemable ct the pleasure Of the
State after the thirty-hrst day OF December, 1870.
Each proposal must state distinctly for which Of
these classes OF certificates it is made, the amount OIL
either which is desired, and the price for each hun;
dred dollars OF each class proposed to be taken, Bnd
must be accompanied by a certificate check on, OF
certificate of depOsit Of one ofthe banks of New York
City, payable to the order Of the commissioners, fol
q sum equal 70 i've per cent. Of the amount Of Ger.
| tihcates bid for, which sum shall be forfeited If the
UlQQeE nuNl l1lla IN case any U ! the CERTIFICATES are
awarded TO him, to pay the residue Of his bid at the
time hereinafter specified for that purpose. No bid
at less than the par value Of the certificates, or fol-
an amount less than I'VE thousand dollars, will be
| considered, and each bid shall be deemed as made
/ either for the whole sum named therein, or for such
| pro rata amount thereof as, at the rate specified,
may be assignable to the bidder, regard being had to
the other proposals.. n
Interest on the deposit, at the rate for which the
certificates are awarded to him, will be allowed 70
each successful bidder, and adjusted on the delivery
Of the certificates, and each will be required opuy
the residue Of the amount bid by him, on the twenty.
ninth day of December, lSGO, at the Ohio State Agency
in the city Of New York, at which time and place the
certificates awarded will be ready for delivery. Ger
| tfheates Of the Funded Debt ofthe State Of Ohio, re-
| deemable on the first day ofJanusry, 1861, will her
ceived 10 payment Of any partof the loan hereby con-
| templated.
The deposits Of the unsuccessful bidders will be re-
turned to them upon application at the Ohio State
Agency on the day next subsequent to the opening
| OF the propOsal1s
The Commissioners reserve the right 70 reject any
OF an the bids If they shall deem It necessary In or
der to protect or promote the interest Of the State.
Proposals forthis loan must be inclosed in q sealed
envelOp, directed to the g Commissioners Of the
| Sinking Fund Of the State Of Ohio" ana endorsed
| Proposals for the Ohio Loan"
In order to secure uniformity, and Tor the conye-
| niencs Of bidders, the Commissioners have prepared
l a form Of proposal which, together with 1 copy ofthe
act authorizing the loan, aud any Information de-
| sired in the premises, may be obtained at the Ohio
State Agency IN New York City, or at the oHioe Of
| the commissioners In Columbus, Ohio.
r. W.TAYLER, Auditor OF State.
l. ... A. P. RUSSELL, secretary Of State.
C.P. WOLCOTT, Attorney General,
Commissioner Of the Sinking Fund q the State Of
Ohio.