The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-12

6 F.SLRD PROPOSALS will be received
~ bv the overnor Of the State of Indiana, the
Auditor and Treasurer of State,
acting for the Loan Commissioners, at the
office of the Auditor of Stare.
in Indianapolis, until O'Clock p. Of Sat
urday the 22d day of June, 1861, for lolnng tn the
State of Indiana the of Three Hundred Thou
Sand Dollars. lass he portion thereof taken by the
Commissioners Of the Sinking Fund, being part OF
loan of Two Million of Dollars, authorized 10y
an act of the General Assembly entitled. Z" An Act
to authorize the Governor to issue Bonds to APP
roint a Board of Loan Commissioners, and def u-
ing their dnties requiring the Sinking Fund Com
missioners purchase Bonds defining their duties
in relation t. the interest received on the same
and levyiDg a tax 10 meet the payment of the in
terest and pr ncnal of the Bonds to be sold /" ap-
proved NJ H. 1861
Such loan 10 bear an interest of ak per cent per
annnm, payable semi-annually. on the FIRST days
of Nav and November, in the city of New York,
where the principal is Teim ursabe in twenty
wears from date. the interest between the date Of
salo and p yment, and November /, 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 the t4xaho 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 III addition to which, regular tax of Two
Cents and in 1868, and thereafter of Five Cents is
levied for reducing the State debt making in all
for the 1861 and 1852 Seven Cents and for the
year 1863 and thereafter Ten Cents on each One
Hundred Dollars valuation Of taxabes in tho State
applicable to the reduction OF this loan.
Bonds pavabIe TO bearer, signed by the Governor
countsrHp ed and registered with coupons for in
forest. in sums of Five Hundred Dollars or of One
Thousand Dollars, may he preferred by the bid
der will ke 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 given bearing six
per cent. interest from date; the remainder IN
nine equal monthly payments therefor, or the
whole any part st such prior dates as may be
preferred by the bidder.
The right is reserved to reject any and all of the
bids, shall be considered wilt promote the best
interest of the State.
The bids will be opened at o'clock P. NJ,
lune 22d, 1861 at the Office of the Auditor Of State,
Indianapolis. in the presence of such persons as
NAV proper to be present, and the loan awarded
the bighest bidder, if accepted on the Saturday
sucreed ing-June 18th.
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 $500, 900. the amount of
81 200 oOn in bonds of 81 900 each is also offered Of
the above loan in the city of New York, making in
all SI.5Oo 900 offered of such authorized
81. aO0, 900.
The bids for pqch last amount will be received
Hntil and ed at IL o'clock NJ, Saturday June
ed 1861, by the undersigned. at tie office of Wins
low, Laner Co, in said city in the presence of
the loan awarded the highest bidder, if accepted,
the Tuesday surceedinG-June 25.
The payment down, and subsequent instalmentF
specifics aoove will also be expected, and in funds
at par in New ork on all proposals accepted for
the loan there off red.
Proposals are therefore also invited for any part
of such Loan offe' ed in New York, which must be
forwarded so as to he received by the time above
stated, under seal. addresse to tine undersigned,
care of Wiuslow, Lanier & Co., No 81. Wall street,
New York, marked " Proposals for Loan"
JAMES NJ. RAY,
JESSE J. BROWN,
JOHN II. O'BOYLE.
Loan Comm issnners.
Indianapolis, May 30, 1861 jun 6d&wtJ22