Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1860-12-04
ToFFIo1AL. r.--.-s-
OHIO STATE LOAN-s6, 400, 600,
OFFIoE OF THE COMMISSIONERS OF TIE sINEINa)
.. FUND OF THE STAfE OF UHI0
Columbus, 18th August, lssDJ J.

OFFICE OF THE COMMISSIONERS OF THE sIyETNeO
FUND OF THE STAfE OF UHI0,
-+ Columbus, 18th August, 1850. J
THE STATE OF OHIO DESIRES
FOUR HUNDRED THOUSAND DOLL RS 4 to y be q
applied exclusively TO the payment Of that portion
Of the PUBLIC debt redeemable at its pleasure afsr
that end, the Commissioners OF the sinking Fund
q the ssste; under 9iipfaoriy q an Act Of q
az the Ohio State Agency, No. . Williams street.
New York city, until Y O'clock NJ, 81 the Twen-
SIX MILLIONS AND FOUR HUNDREps sTHo14
SAND DOLLARS, Of the Translerabls Certificates
Of the Funded and Registered Debt Of the state Of
Ohio, bearing interest from the rst day Of January
1861, to be paid semi-annpay on the hrst days Of
January and July Of each year, at the Ohio State
Agency in the City Of New York, with the principal
rate per cent Of interest and the time of fnsi re-
demption, shall be in accordance such Of the
three conditions following the opening Of the
proposals, the Commissioners NAV deem 10 be most
advantageous to the State, that is to say
i. Bearing interest at the rate Of Five per cantum
per annun, Ghd redeemable at the pleasure Of the
State after the Thirty-hFst day Of December 1870.
2. Bearing interest at the rate OF Six per cenfum
FER anDum, and redeemable at the pleasure OF The
State after the thirty day Of December, 1870
3. Bearing interest at the rate OF Six per centum
per annum, and redeemable at the pleasure Of the
State after the thirty first day Of December lss0
Each proposal must state distinctly for which Of
these classes Of certificates il Is made the amount Of
either which is desired, and the price for each hun
dFed dollars Of each class proposed TO be TAKEN snd
mllst be accompanied by certificate check on. or
certificate Of deposit of one Oft banks Of New York
City, payable 20 the order OF the Commissioners, fF
a sum equal to fve per cent Of the amount Of GER
uhcates bid f0r which shall be forfeited II the
bidder shall fall incase any Of the eertfeat8s are
awarded 10 him, TO pay the residue Of his bid at the
tine hereinafter specified for that purpose. No bid
at less than the par value Of the certificates or for
an amount less than dre thousand dollars, viii be
considered, and each hid shall be deemed as made
either for the whole sum named therein for such
prp rata amount thereof as, at the rate Specified
may be assignabie TO the bidder regard being had to
the other proposals. ttt ttUtlHll IT d. .LN
Interest on the deposit at the rate for which the
certificates are awarded to him, will be allowed to
of she CERTIFICATES and each viii be required to pay
the residue 6f the amount bid him, On the twenty
ninth day Of December, 1850 at the Ohio State Agency
in the city Of New York at which time aud place the
tcates of the Funded Debt Of the State Of Ohio re-
deemsble the first day Of January, lS5l will be re-
eeiEed in payment Of any part Of the loan hereby
The deposits Of the unsuccessful bidders win b re-
turned TO them upon application at the Ohio State
Agency on the day next subsequent % the 1opsninr
Of the proposals. . TT b.. q p l--A A d p ~ =
The Commissioners reserve the right 20 reject snT
OF All the bids n they shall deem il necessary IN or
der protect promote the interest OF the State
Proposals for this loan must be inclossd n sealed
enyelop, directed to the g. Commissioners 81 the
sinking Fund OF the State Of Ohio" and endorsed
Proposals for the Ohio Lean" l EI
II order 70 secure uniformity, and for the conYe-
form Of proposal which, together with copy Of the
act authorizing the loan, and any information de-
sired IN the premises, may be obtained az the Ohio
State Agency In New York City, or ct the ofice OF
the commissioners IN Colunlbus Ohfo. n II 49, !
4 M-.IA4LEE, Auditor uf State. .s-
A. p III SSELL, Secretary Of State
~ G. p. WOLCOTT, Attorney General, O.
mmissloners OF the sinking fund Of The STATE Of