The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-06-27
Il nrracE..


|TTNDER THE Provisions OF AN ACT
~ passsd ~ the Extra Session ef The Eighth q a.
esal Assenbly II the Htase u Iswa, entitled. can
Act - provide for tbe issse and sale Of Etate Donds
~ pfsesre . loan Of money for tho State of lo~a
10 enable tito repel invssiou and defend itsef IL
wAr. approved Asy 18th. lsSi, ths issss sud aals
of tho Bonds Of the State Ii Authorized 10 a
smssbt not exceeding the run Of Eight Hundred
Thousand Dollars. The honda are 10 be issued d
sold from time 10 time, the judg inent Of the
Board Of Commissioners created by said Act On the
msioritI Of card Bard the wants and necessities VI
tha otate may require. :
The Board, at IL cir meeting held at the Capital.
on the 18th of june, 1861, have ordered the issue
and saie Of Bonds to the amount Of -Four Hundred
Thousand Dollars. 4#8 /.
The Bands thereby authorized end for sale, are
in Gums Of 90 90, 1900 CO. and 81 600 90 each, AT
the eptien of the purchaser. signed by the Cover.
nor, eeunterrigned by the Auditor and Treasurer,
and httested BY Zeal of the State Il Iowa
with interest coupons attached, signed by the Au-
ditor, but not attssted BY the Great Seal of the
State. and provite for the payment IF the primer
pal a. the expiration OF twenty years fFem the
late thereof and fur the pay ment Of interest semi
annually ON the irt days Of January and jay OF
each year. II the rate Of seven per cent per
10th principal and interest on all BONDS over On
Hundred Dollars are made payable 1t The Metro
politap Rank in the City Of New York. HIT the
ssy etArJ place in said city By giving thirty days
public noics Of such place in three newspapers 10
% city.
Both the principal and interest Of oil SIO0. 90
Bones ae made payable at the Treasury OF this
ssAi.-N eae u The tIa0 90 Baads sill h. sAla sas
Of this State
The stat. has irevoeably pledged its faith H.
provide ade4u ms Ans 10 the intstest said
b0tur th- #Has 6ssesn@ DUE and the principal
~ the expiration OF twenty years, and. for his
purpose, all, or 80 much necessary Of the rev
cnue arising from the entire taxAblc property of
the State, has baen and - set apart and pisdr ed
for these pm rpose and it 10 made by Law the duty
of tie Census BosrdY other proper ofhcer or Of
dcefs (which duty the Law provides may, il nj Ger
| sary b. enforced by msndamus), to levy a tax
in each year Sufficient Tor these purposes, after
ssymsut Of all expenses Ut collection.
No axe% tits provided by Law shah ever be levied
by the state of Iowa on the stock created by Sd
Act, nor on the inseress payable thereon. And The
value Of the stock shall ia no wisc be impaired by
the suthoYity Of the tate. Bat IL il express ii
provided ~ said Get tha. nothing therein contain
ed shall be 50 construed a. 10 exempt from taxa
ton any part OF tic capital stock Of The Branches
| of the State Bank Of towa.
! The basrd vi Commissioners created by said Ac,
have In writing directed the undersigped, the
agents az painted by ssid Act, to negotiate said
| loan and 10 sell and transfer said B0nds; to sci
said Bon d. any part thereof at private sal. in
ttis state NJ their nominsl par vslue, until ths
Hath day OF July, A. y. 1851, ~ witch time ali d
ssA bonds which remain untoid ~ private sale In
this cssss; may be sold in the City = New York In
4
| Binds will j., spld in New York City, hut th.
bonds there Solo iii be in the cum of $500 90 Of
Sluo0 90 each, At tn. OF the purchaser, to b.
sp,esAeo in his proposal.-s
Ihe terms Of the sails Of %Nsak, Bonds are specie
| pay able in hand on the delivery Of the Bonds 81
sold TO the purchaser or purchasers. Matsred cou
| pons ON ali Basds Of the denoMination of On
Hundred Dollars are. BY the provisions Of said Ac
| reeetv.bie in pay ment If all state Taxes.
| The sale Of SAID Bonds, which Ia to take pl &C
| IN New York City, with directions for prop sal
therefor, l. advertised 10 the Daily New York I ri
bane. the New York Daily Tunes, and Daily Nc.
| York Journal Of Commerce, and In the Daily Ros
TON Atlas, aud laiiy Boston Post, and IN ths Daii
Chicago Tribune.
Any persun Wishing 70 invest In said esTsu
Stale Ssvcks, III do 80 Oh he terms aforesaid, u
| their nominal par value, at the oace OF the
sarer Of state, at tbs Ca i;ol, at Des Msnes unit
and or the eighth day OF July, A. d 1861, si.e
winch day tie undersigned viii p.oc<sd !. Ne,
YORK. City TO attend to receiving proposals Their.
until The 18Th ny of July, A. b. 1861, II moor
AID opening said proposals On July 18th, 1861 /, >
NOM.
JOHN W. JONES, Stste Treasurer Loan
| MArURlN L-FISHER. | Aeenis
| Les Moines, June 18th. 1851.