The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-26

a. E.sLRD PROPOSALS. will be received
~ bv the Governor IF The Stale Of Indiana the
Auditor and Treasurer of State,
acting for the Loan Commissioners, at the
office Of the Auditor OF State,
in indianapolis until l o'clock P. n Of Sat
urday The 22d day of June, 1861 for oaning to the
sand Dollars loss he portion thereof taken by the
Comm fssionors of the Sinking Fund, being part of
a loan Of Two Million of Dollars, authorized by
an act OF the General Assembly, entitled :" An Act
to authorize the Governor to issue Bonds; to ap-
point Board Of Loan Commissioners, and dehn
ing their duties; requiring he Sinking Fund Com
missoners to purchase Bonds defining their duties
in relation TO the interest received on the same !
and evying a tax to meet the payment of the in
terest and ncipal of the Bonds to be sold ap-
proved VI " IL, 1861
Such loan TO bear an interest Of six per cent per
annum payable semi annually, on the FIRST days
Of May and November, in the city of New York,
where the principal is reimhursabie in twenty
years from date the interest between the date OF
sale and payment and November l, 1861, to be
paid in advance and for the payment Of the inter
est and liquidation Of the principal thereof, spe
cial tax of Five Cents each Hundred Dollars
in value of ihe taxable property of the State has
been levied, which tax is by such law to be collect
ed annually, until said Bonds are paid or redeem
ed. IN addition 10 which, a regular tax of Two
Cents and in 1868, and thereafter of Five Cents is
levied for reducing the State debt, making in all
the years 1861 and 1882 Seven Cents, and for the
year 1868 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,
countersiened and registered, with coupons for in
terest in sums of Five Hundred Dollars or of One
Thousand Dollars, may be preferred by the bid
der, will be issued for this loan.
Upon the acceptance OF any proposal, Ten per
cent of the amount of such bid must be paid down
for which a certificate will be Civ ) bearing six
per cent interest from date the jnlainder in
nine equal monthly payments therefor, or the
whole any part At such prior dates as may be
preferred by the bidder.
The right is reserved to reject any and all of the
bids as shall be considered wilt promote the best
interest of the State.
The bids wiz be opened a o'clock p NJ. on
June 22d 1861 the Office of the Auditor Of State,
INDIANAPOLIS in the presence Of sucn ? srsons as
may see proper to be present. and the loan awarded
TO the highest bidder if accepted, the Saturday
succeedng-Juue 29th.
tor of State, indianapolis, for the Loan Commia-
sioners marked, proposals for Loan"
In addition to the above $500, 600, the amount of
81 200 900 in bonds of 900 each is also offered of
the above loan in the city Of New York, making IN
/ all $500 coo now offered of such authorized
/ 81, 100000.
/ The bids for such last amount will be received
until and opened At II O'Clock Saturday, June
22d 1861. by the undersigned, at tie office of Wins
low, Lanier & Co.. in said city in the presence ol
such persons as may proper to be present, and
the loan awarded the highest bidder, if accepted
/ on the Tuesday suGceeding-June %.
The payment down, and subsequent instalments
specified above Will also be expected and in funds
at par in New York, on all proposals accepted foI
/ the loan there offered.
Proposals are therefore also invited for any part
! of such Loan offered in New York, which must be
| forwarded so as to be received by the time above
stated under seal, addressed to the undersigned
care of Winsloyy, Lanier & Co, No 81, Wall street
! New York, marked - Proposals for Loan
JAMES NJ. RAY,
JESSE J. BROWN,
JOHN H. O'BOYLE
Loan Commissioners.
Tndiaoanoija Nav 80 1861 iuue6d&wti22