The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-15
CEsEED PR0P0s.sEs~ilI1.ero cet,

g Ef-E kEEb Pro = - 81 p - will lie received
~ by the Governor of the State Of Indiana, the
Auditor and Treasurer Of State,
acting for the Loan Comm issiOners, at the
Office of the Auditor of Stare.
in indianapolis, until I o'clock p. Nj. Of sat
urday the 22d day Of June, 1861, for loanins, t. Tie
State Of Indiana the sum Of Three Hundred Thou
sand Dollars, less the portion thereof taken b the
Commissioners of the Sinking Fund, being part of
loan of Two Million of Dollars, authorized by
an act of the General Assembly entitled, g An Act
10 authorize the Governor to issue Bonds to APP
point "a Board of Loan Commissioners, and defin-
ing their duties requiring the Sinking Fund Com
missioners to purchase Bonds defining their duties
III relation to the interest received on the same
and leyying tax to meet the payment If the in
terest and principal of the Bonds to be sold " APP
proved NJ y IL, 1861.
Such loan to bear interest of six per cent. per
annum, payable semi nnuay, tho FIRST days
of May and November, in the city Of New York ,
s. here the principal is reimi urs3ble i'm twenty
years from date, the interest between the date OF
sale and u yment, aud November 1, 1861, TO be
paid in advance; and for the payment a the inter
est and liquidation Of the principal thereof, a spe-
cial tax of Five Cents each Hundred Dollars
in value of the taxable property Of the State has
been levied, hic tax is by such law 20 he collect
eel annually, until said Bonds are paid OF redeem
ed. Ia addition 20 which, regular tax Of Two
Cents, aud in 1863. and thereafter, of Five Cents is
levied for reducing the State debt, making in all
for the years 1861 and 1862 Seven Cents and forthe
year 1868 and thereafter Ten Cents on each One
Hundred Dollars valuation of taxables in the State,
applicable to the reduction Of this loan.
Bonds payable to bearer, signed by the Governor,
countersigned and registered, with coupons for in
terest, in of Five Hundred Dollars or of One
Thousand Dollars, may be preferred by the bid
der will he issued for Ills loan.
Upon the acceptance Of any pTopo al, Ten per
ceut. of the amount of such hi must be paid down,
tor which a certificate will he given, bearing six
per cent. interest from date the remainder in
niue equal monthly payments therefor, or the
,Nh hole any part At such prior dates as may be
greferred by the bidder.
Che 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 will be opened at one o'clock P. NJ, on
June ed 1861 at the Office of the Auditor Of State,
Indianapolis, IN the presence of such persons as
may proper to be present, and the loan awarded
the highest bidder, if accepted, the Saturday
succeeding-.'une 2Sth.
Proposals must be addressed, under seal, to Audi
tor of State indianapolis, for the Loan Commits
sioners, marked, proposals for Loan"
In addition to the above S3U0, 900, the amount OF
81 200 600 in bonds of 81 900 each is also offered of
the above loan in the city of New York. making in
all l,6OO,OO0 offered of such authorized
S2000,0O0.
The bids for such last amount will be received
until and opened at II o'clock NJ, Saturday. June
I'D, 1861 by the undersigned at the office of Wins
low, Lanier b Co., in said city in the presence 81
such persons may see proper TO be present, and
the loan awarded to the highest bidder, if accepted
on the Tuesday succeeding 25
The payment down, and subsequent instruments
specified above, will also be expected and in funds
at par in New York, all proposals accented for
the loan there offered.
Proposals are therefore also invited for any part
of such Loan offered III New York, which must be
forwarded to be received by the time above
stated, under seal. addressed to the undersigned
OF WinslOW, Lanler & Co, No 81, Wall street
New York, marked " Proposals for Loan -
JAMES M RAY,
JESSE J. BROWN,
JOHN H. O'BOYLE.
Loan Commissioners.
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