The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-07-16

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Hinder THE PROVISIONS Of AN act
~ passed atthe Extra Session Of the Eighth sen
craI Assembly Of the State # low N, entitled.
Act TO provide for fh issue Asle Of state nds
TO procurc loan Of mcnry fer the State Il 4 IVA
to enable It to repei invasion and def nd itse IL In
war" approved Msy 7stA. ASST, Ahs isxue arr sais
Of the Bonds Of the bMte IL authorized IL N
smount not exceeding the sum OF hight Hun lreu
Thousand Dollars. 1he bonds are to be ir&nce ard
sold from time to tinr, MS In the judgment oil tbs
Board of Commissioners Great by said Act or tht
masorfty OF sid Board tho wants and ecsssits u
7 the State may TsqufIe. NJ
The Board. at Ineir taest.ns held at the Capital
on the l3th Of Jane, isb, have ofdared tie issue
and sale Of Binds to tic amount OF Pour luIlred
thousand Dollars.
thu Bofnis thereby authorized and for sale are
in sums Of 90 90, $500 20, and $1,000 90 cns OF
the optlen VI the pufeLaser sened ~ the Il yer.
nor, onnttfs'gucd by ths Auditor and Treasu er,
and Atiesied by theGrcat seal of the State Il wa,
with Interest coupons attached, signed by the au-
aitor, but not attcstsd by the 0reat Seal OF tho
-tntr, and prrrtde for the pas ment of the priuci
pat Mt the expiration at twenty years from the
On to hri cot, and for tie iaymert of interest mi
annually, On the Ia. days Of January md july Of
each year. at the rat, Of sever per cent per annm;
Acth prin~iral and interest On sIi Boncs over nne
hundred Dollars are made payable at the Metrt-
politan Bank 10 the City of New York. But the
Governor may caUAe such payment to be made at
any othty place In said city, by giving thirty days
puhae nonee OF such place in three newsprI ers ia
said city.
Both The principal and interest Of all $1,000
Donds aie made payable at the Treasury oi this
State Mono Of tLs 3 le0.l0 Bends will Be cello out
ut n State
The state has Wrevoeabiy pledged its faith to
prov d. adequate meals 10 iay tho In oTest aid
byaaA ~ The sane heeeIne due ana .hr prius! pal
a. the expiration Of twenty years, and. Ter ais
purtoge all, or much as 10 hecess ny of the
pnne arising from the entire taxable property Of
the State. has been md ~ set apart and pied I'D
for these purposes and IL is made by Law TIE dAty
OF The Census Board OF other proper officer uf-
hrers (which duty the Law piovsdeg may, III rtces-
sary b. enforced by mandamus), 10 levy tax
in each year salioent for the,r purposes, III ter
payment Of all expenses Of collection.
No axes tits provided BY law shall ever be lev cd
by the state Of lowe on the stock created hy said
Act nor on the interest payable thereon. 1nd be
value OF the stock shall in wife be impaired by
the aul hority of the 1tste. But it ia expressly
pruvid.a ty said act that nothing therein contain
cd sLsli be 90 construed ~ 10 exempt from "a xa-
item IN part vi the capital stock OF he Branches
| II the state Bank of Iowa.
The Boa I'd vi Commissioners created by saiu Acg
have in writing directed the undersigned, be
I agents appointed by aid Act, 70 Negotiate i'd
loan and to sell ard transfer said Boz ds u II
said Bonds any part thereof at private sal III
this Is ate, at their nominal par value. until ae
18th day OF July, A. ID. 1861, At which time al III
said Bords which rcmain unsoid at private sale in
this Sta,c; AZ be Id In he City # New York IN
TING MaLHeT eptciutu An sal1 ACT lUN w
Bonita ~ili be cold IN New York City, bnt ne
Bonds Their sod Will he In the sum of $500 90 or
xll00 90 each, at tbs Of the purchaser, to be
sltcadeo in ms proposal.
The tes nas VI the of aid LoGds are SPEC IL,
pay BILE in hand on he delivery Of the Bohes 50
sold to the chaser or purchasers. Marufed c0u
pons on ali Bands Of the denomina ion of uns
hundred Dollars art. by he provisions of said Act
reee vsble in pay n,tnt 81 oil tate lakes.
he aate Of said Bonds, ~alsrl IL TO take platp
.ts fsx.sga
fherefar Is aifertifed IL the Daily New ora l.
hume the New York Daily Tints, and Daily Ees
York journal u Com meree, and in tue Daily bos-
ION At..s AMI Laiiy Boston Post, and III the psi ]
Chicago Tribune.
Any person wishing 10 invest in said .'Itws
State Stocks dv 20 the Il rms afofesaia, al
their nominal par value, az tas Office If the Urea
surer of State, at Tbs Ca pito Des Moincs until
nd on tho ignth oay vi July, A. 1861, att Il
which day the apaerslgned viii proceed to n v
AoFA City 90 atteEa 81 erfrtHg proposals tEPrc,
until the Is h ony cf July, A u. 1861, AT n9o .,
AID Mug said proposals on July 18th, 1861, At
noon.
john W JONES, State Treasurer Loan
MAIERIN L.FIaHEk, Agents.
Des Moines, June 18th, 1861.