The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-07-08

NOTICE.
TTkDER THE PRovIsfoEs or An ACT,

HINDER THE PROvI6fOEH OF An ACT,
~ parsed ut the Extra Session OF the Eighth Gen
eral Assembly Of the State II Iowa, entitled IAN
Act To provide for hs iseue end tae or stas Bonds
to psocure = loan ef morey fer the State If Iowa,
TO able IL to rersl invasion and defend it, elf In
war; approved May 18th, 1851, the issue o. dsals
OF the Bends Of the State lis authorized 10 IN
amount not exceeding the sum of tight Hundred
Thousand Dollars. Tbs bonds are 10 Be Issued ard
sold from time TO time, As In he judgment VI the
Board Ok Commissioners created by said Act the
UNITY THE wants ecsFE flies I'll
the State may require. ~
The Board, a, neir meciing held at the Ga pital
on the 18th af June. 1851, have ordered the issue
and sale Of Be'.ds to tie amount Of Four Hundred
Thousand Dollars.
The Bonds thereby Authorized and for ga o. are
in sums Il S. 90 90, $500 60, and $1,000 60 b, al
the efdien of the purchaser, siRntd ly the Cover
nor, counters gnsd by The Auditor and Treasurer,
and attesed by the Great Seal of the State II Iowa
with interest coupons attached, signed by the An
alter, but not aitssted b. the Great seal Of the
State, and provide for the payment Of the pripci-
pal at the expiration CT twenty years from the
thereof, and for the raym ent Of interest semi
annually, on The let days OF January and july Of
sac year. II The rate Of per cent. per annum;
toth principal and interest on all Bones over One
Hundred Dollars are made payable Ut he Metro
polisan Bank In the city OF New York. But the
Governor may cause such payment to DO made ut
sny othey place in said city, by giving thirty days
public notice of such place la three newspapers
said city.
Both the principal and interest af all $1,000
Bonds a-e made rnyable afsshe Treasury uf this
State kenc Of the loo 60 Bends n i'll he sol $40
OF tsis State.
The state has itrevocsbiy pledged itr faith TO
provide adequate means to pay the interest said
Bonds a. the same become due, and tho principal
At the expiration Of twenty years, and. Tor this
purpose, AL, or much sF - necessary oil the rev
epue arising from the entire taxable property Of
the State, has been and - set apart ana pledged
fol- these purposes and IL IL made by Law the duty
oil the Census Board OF other proper oiiccr or Vi
hcers which duty the law provides may, II ntces-
sary be enforced by msndamusl, to levy a tax
In each year sufficient for there purposes, after
payment of all * penses Of collection.
No axes lit provided by law sba ever be tc Wed
BY the State VI Iowa the stock created by said
Act, nor on the interes; psy bic &bereon. and the
value Of the stock shall inSao vie BE- ampstrsaky
the authority OF the state. But 1t 10 exNsnkJ nj.
prov ty said tina, nothing therein cDnf2sh-
ed shall be so construed a. 70 exempt from taxa
ton part Of the capital stock vi the Branches
Of the State Bank OF I0wa.
The Bosrd of tomf iss toners created by said Act
have in writing directed the undersigncd, The
agents appointed by said Act, to negotiate said
loan, and to sei ard transfer said Bonds IL sell
said Bonds or any part thereof at private fa1i In
this State, at their nominal par value, until the
18th day of July, A. d. 1891, at which time nil q
said Bonds which rems pnso old at private sale in
this state; MAJ be sold in the City IT New York in
the manner specified in ssid act. No $4,000
Bonds there sold will be In the sum Of $500. 90 or
$1,000 90 each At the option Of the purchaser be-
specs G Cd in his proposal.
The term VI the SAFES Of said Beads are sPe<i-,
pny bic in bsnd on the delivery Of the Bonds 90
sold to the purchaser or Purchasers. Mstured cou
pons on all Bands OF the denomination of One
Hundred Dollars are, by The provisions Of said Act
fecelvabe in pAyment II all state Taxes.
The sale u saId Bonds, Which i % taka placa-
IL aew York City, vita directions for IrnPesals
therefor, liz advt ised In the Daily New York Iri-
bune, the Sew Yorh Daily Times, and Daily Nes
YORK Journal II Com nerce, and in the Daily hos
ton Atlas, and Tally Boston Poat, and in the Daily
Chicago Tribune.
Any person wishing 70 invest in said III va
State Stocks, en- ~ NO Oh he terms Aforesaid at
their III nal pr vaiat, at the oiice Of the Irea-
surer Vi stats, al The Caitols at Dee Moines until
and on che eighth day 81 July, A. 1861, alter
which day the snderseped will proceed to New
iork City TO attend to receiving proposals there
until the l3sh cay OF July, A. u. 1861, ~ noon
ard opening said proposals on July 10Th, 1861 al
noun.
JOHN W. JONES, st'te Treasurer Loan
MAIUkIN L.kIoHkk, / Axenss.
Des Mones, june 18th, Ia6l.