The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-24
OR.aARn PROPOs.g Es IN be rscsiv

R.gERD PROPOSE - viii be received
~ by the Governor of the State of Indiana, the
Auditor and Treasurer Of State,
acting for tina T--rtu- Goose issionars at the
Office Of the Auditor of State,
in indianapolis, until 1 o'clock p. N. of Sat
urday the 22d day of June, 1861 for lOaning to the
State of Indiana the sum of Three Hundred Thou
sand Dollars, less the portion thereof taken by the
Commissioners of the Sinking Fund being part of
"A loan of Two Million Of Dollars, authorized by
an act of the General Assembly, entitled, 4" An Act
to authorize the Governor to issue Bonds to ap-
rOipt a BOard of Loan Commissioners, and defIn-
ing their duties requiring the Sinking Fund Com
mssoners TO purchase Bonds defining their duties
in relation to the interest received on the same
and levying tax to meet the payment sf the in
terest and principal of the Bonds to be sold " ap
proved MN -, 1861.
Such loan 10 bear interest of six per cent. per
annum, payable semi-annualiy, on the drst days
Of May and November, in the city of New York.
where the principal il reimhursable in twenty
years from date, the interest between the date OF
sale and payment, and November 1, 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 on 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 are paid or redeem
ed. Ia 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 wears 1861 and 1862 Seven Cents and for the
year 1868 and thereafter Ten Cents on each One
Hundred Dollars valuation of taXabes in the State,
applicable to the reduction of this loan.
Bonds payable 70 bearer slgneI by the Governor
countersigne ed and registered with coupons for in
Thousand Dollars as may be preferred by the bid
der, will be issued for . = loan.
Upon the acceptance e any proposal, Ten 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 in
niue equal monthly payments therefor, or the
whole or any part at such prior dates 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 viii be opened at ono clock ss-. or.
June 22d 1861, the office of the Auditcr Of State,
Indianapolis, in the presence of such persons as
may see proper to be present, and the loan awarded
to the highest bidder if accepted, on the Saturday
succeeding-June 29th.
Proposals must be addressed, under seal, to Audi
tor of State, indianapolis, for the Loan COmmis-
sioners, marked, proposals for Loan"
In addition the above $500 600, the amount OF
81 200 600 in bonds of $1,000 each is also offered of
all SI,5OO,oOO offered Of such authorized
! So 100000.
The bids for such last amount will be received
until and opened Il o'clock Saturday, June
22d 1861, by the undersigned at the Office of Wins
low, Lanier & Co., in said city in the presence of
the loan awarded the highest bidder, if accepted
/ on the Tuesday succseding-JUne 25.
The payment down, and subsequent instalmeDts
specified above will also be expected and in funds
/ at par in New ork on all proposals accepted 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 tbs time above
stated, under seal, addressed to the undersigned,
care of Winslow, Ianier & Co, No 81, Wall street.
/ New York. marked - Proposals for Loan
JAMES NJ RAY,
JESSE J. BROWN,
JOHN H. 0'BOTLE
Loan Commissioners.
/ Nav 80, 1861 iuUaGdEWti22