The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-14
q R.sERD FROPOs.sEsvfIl lie re.si

q R.4LRD PROPOSALS will lie re eived
~ by the Governor of the State Of Indiana, the
Auditor aud Treasurer Of State,
acting for the Loan Commissioners, at the
office of the Auditor of State.
in indianapolis, until O'Clock ?. M. Of Sat
urday the POD day of June, 1851, for lOanng the
State Of Indiana the of Three Hundred Thou
sand Dollars less the portion thereof taken by the
Commissioners Of the Sinking Fund, being part Of
a loan Of Two Million Of Dollars. authorized by
act of the General Assembly, entitled, &c An Act
to authorize the Governor to issue Bonds APP
point Board of Loan Commissioners, and deiin-
ing their dutiesi requiring the Sinking Fund Com
missiOneTs TO purchase Bonds defining their duties
in relation u the interest received on the same
and levying a tax to meet the payment Of the in
tercst and pr ucipal Of the Bonds be sold " APP
proved v u, 1861.
Such loan to bear an interest of six per cent per
annum, payable semi-annually, the FIRST days
of May and November, in the city of New York,
whore the principal is reimbursable in twenty
years from date, the interest between the date of
sale and yment, and November l, 1861, to be
paid in advance and for the payment Of the inter-
est ard liquidation Of the principal thereof, spe-
cial tax of Five Cents on each Hundred Dollars
in value Of the taxable property of the State has
been levied which tax is by such law to be collect
ed annually, until said Bonds are Daid or redeem
Cent and in 1868, and thereafter, of Five Cents is
levied for reducing the State debt, making in all
for the 1861 and 1862 Seven Cents, and for the
Year 1863 and thereafter Ten Cents on each One
Hundred Dollars valuation of taxabes in the State
applicable to the reduction of this loan
Bonds payable to bearer, signed by the Governor
countsrsisned and registered, with coupons for in
terest, in sums OF Five Hundred Dollars or of One
Thousand Dollars, as may be preferred by the bid
der, viii be issued for this loan.
Upon the acceptance of any proposal, Ten per
cent of the amount of such bid must be paid down
Tor which a certificate will be given bearing six
per cent interest from date the remainder in
niue equal monthly payments therefor, or the
whole or any part at such prior dates as NAV be
preferred by the bidder.
The right is reserved to rejec any and all of the
bids, as shall be considered wilt promote best
interest of the State.
The bids viii be opened at one clock P NJ, on
June 22d, 1861 at the Office of the Auditor of State
indianapolis, in the presence of such persons as
may see proper to be present and the loan awarded
TO the highest bidder, if accepted on the Saturday
succeeding-June goth.
Proposals must be addressed, under seal 70 Audi
tor Of State, indianapolis, for the Loan Commis.
sioners, marked, proposals for Loan
In addition to the above 100000, the amount of
SIZOO0OO in bonds of 600 each is also offered of
he above loan in the city of New York making in
all Sl,5O0,00O now offered of such authorized
100000.
The bids for sVch last amount will be receivcd
uptll and opened at II clock Saturday June
"a, 1861, by the undersigned at the office Of Wins
low, Lanier Co, in said city in the presence of
the loan awarded to the highest bidder If accepted
on the Tuesday succeeding-June %
The payment down, and subsequent instalments
specified above, will also be expected and In funds
at par in New York, all proposals accepted for
the loan there offered.
Proposals are therefore also invited for any mart
Of such Loan offered in New York, which must be |
forwarded to be received by the time above I
stated, under SEAL addres to the undersigned I
care Of Winslow, Lanier & Co, No 81 Wall street
New York, MAJ ked d" Proposals for Loan
JAMES NJ RAY
JESSE J. BROWN
JOHN II. O'BOYLE
Loan Commissioners.
Ind FaV r-aFE5 NJ