The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-07
& E.gEBD PR0POs.sEs will be re

6 E.sEBD PBOPOs.SES will be received
- by the Governor of the State of Indiana, the
Auditor and Treasurer Of State,
acting for the Loan Commissioners, ut the
office of the Auditor Of state,
in indianapolis, until l o'clock p NJ. of Sat
urday the POD day of June, 1851 for loannR to the
State of Indiana the of Three Hundred Thou
sand Dollars loss the portion thereof taken by the
Commissioners of the Sinking Fund, being part Of
a loan of Two Million of J. liars, -HUthoriZed s.lsY
to authorize the Governor to Issue Bonds; to ap-
point Board of Loan Commissioners, and defin-
ing their duties; requiring the Sinking Fund Com
mssloners to purchase bonds defining their duties
in relation to the interest received on the same
and levying tax to meet the payment Of the in
terest and principal of the Bonds to be sold an
proved NJ y -, 1861
Such loan to bear an interest of six per cent per
annum, payable semi-annually, on tho FIRST DAYS
of May and November, in the city of New York
where the principal is eimbursable in twenty
years from date, the interest between the date Of
SALE and payment, and November l, 1861, to be
paid in advance; aud 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 the taxable property of the State has
been levied which tax is by such law to be collect
ed annually, until said Bonds paid or redeem
ed. Ia addition to which, regular tax of Two
Cents, and in 1868, and thereafter Five Cents is
levied for reducing the State debt, making in all
for the years SCI and 1852 Seven Cents and for the
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,
countsrsigned and registered, with coupons for in
+
Thousand Dollars, may be preferred by the bid
der, will be issued for this loan
Upon the acceptance of any proposal, Ton per
cent of the amount of such bid must be paid down
for which certificate will be given, bearing six
per cent interest from date; the remainder n
nine equal monthly payments therefor or the
whole or 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 will be opened at one O'Clock p. NJ, on
june 22d, 1861 at the office of the Auditor of State
indianapolis, in the presence of such persons ~
may see proper to be present, and the loan awarded
the highest bidder, if accepted, on the Saturday
succeeding-Juue Goth.
Proposals must be addressed under seal TO Audi
tor of State, indianapolis, for the Loan Commia-
sioners, marked, proposals for Loan"
In addition to the above 500, COO, the amount of
S2OOOOO in bonds of 81, 20 each is also offered of
the above loau in the city of New York, making in
all Sl,5CD,OO0 now offered of such authorized
s., 100000.
The bids for such last amount will be received
until and opened at II O'Clock M on Saturday June
22d, 1861, by the undersigned, at the office OF Wins
low Lanier & Co., in said city in the presence Of
such persons as may proper to be present and
the loan awarded to the highest bidder if accepted
on the Tuesday succeeding-June 25.
The payne Mt down, and subsequent instaluenfs
specified above, will also be expected and In funda
at par in New ork, on all proposals accep ed for
the loan there offered.
Proposals therefore also invited for any mart
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 tne undersigned
care Of Winslow, Lanier Il Co., No 81 Wall street
New York, marked 60 Proposals for Loan -
JAMES NJ. RAY
JESSE J. BROWN,
JOHN H. O'BOYLE.
Loan Commissioners
Indianapolis, May 30, 1861. june 6d&wti22