The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-27

q R.sEED PROPOSALS will be received
~ bV the Governor of the State Of Indiana, the
Auditor and Treasurer of State,
acting for the Loan Commissioners, at the
office of the Auditor OF State.
in indianapolis, until I O'Clock p. M of Sat
urday the 22d day of June, 1861, for lOaning the
State Of Indiana the sun OF Thres Hundred Thou
sand Dollars less the portion thereof taken by the
Commissioners of the SinllaE Fund, being part OF
a loan of Two Million Of Dollars, authorized Iy
act of the General Assembly, entitled. " An Act
to authorize the Governor to issue Bonds TO ap-
point a Board OF Loan Commissioners, and defin-
ing their duties; requiring the Sinking Fund Com
missoners to purchase Bonds defining their duties
in relation to the interest received on the same :;
and leVying a tax to meet the payment ef the in
terest and principal of the Bonds to be sold ap-
proved NJ y -, 1861.
Such loan to bear interest OF six per cent. per
annum, payable semiannually, the 6rst days
OF MAY and November, in the city of New York
where the principal Is REIN hursabie in twenty
years from date, the interest between the date OF
sale and payment, and November L, ls6l, to be
paid in advance and for the payment of the inter
est and liquidation of the principal thereof, sps
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 redeem
ed. Ii addition to which, regular tax of Two
Cents, and in 1863 and thereafter, of Five Cents is
levied for reducing the State debt, making in all
for the years 1861 and 1852 Seven Cents and for the
year 1868 and thereafter Ten Gents 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
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 he paid down
for which certificate will be given, bearing six
per cent. interest from date; the remainder IL.
nine equal monthly payments therefor, the
whole any part at such prior dates may be
preferred by the bidder
The right is reserved to reject any aud all of the
bids, shall be considered wilt promote the best
interest of the State.
The bids will be opened at one o'clock P M on
June 22d, 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
to the highest bidder, if accepted, the Saturday
succeeding-June 29th.
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, coo, the amount of
81 200 600 in bonds of 81 GOO each is also offered of
the above loan in the city of New York, making in
all SI,5O0,000 now offered of such authorized
100000.
The bids for such last amount will be received
until and opened at II o'clock NJ, on Saturday June
22d, 1861, by the undersigned at the sfce of Wins
low Lanier 4 Co., in said city in the presence of
the loan awarded to tho highest bidder if accepted,
the Tuesday succeeding-June %.
The payment down, and subsequent instalments
specified above, will also be expected and in funds
at par in New Ork, all proposals accented for
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 tine undersigned,
care of Winslow, Laner & Co., No 81, Wall street,
New York marked Proposals for Loan
JAMES NJ. RAY,
JESSE J. BROWN,
JOHN II. O'BOYLE.
Loan Commissioners.
Tradia Yaplfl Nav ulsaffd df-XyfiD