The Evansville daily journal., 1861-06-25

q R.sLED PRO p OS.sEs will be received
~ by the Governor Of the State OF Indiana, the
Auditor and Treasurer Of State,
acting for the Loan Comm issoners, at the
Office of the Auditor Of State,
ia indianapolis, until l O'Clock p NJ Of Sat
& sTGay Il ne "a DAY Of June ISsi 5or l9aRiag t
sand DollaCs. Issa tha nnrfol tRqH6a icing part of
a loan of Two Million of Dollafs, authorized by
an OF the General Assembly, entitled, "a An Act
to authorize the Governor TO issue Bonds to APP
point a Board Of Loan Commissioners, and detin-
ing their duties; requiring the Sinking Fund Com
Inissoners 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 solo ap-
proved y I3, 1861.
Such loan to bear an interest Of six per cent per
aunum payabia semi annually, on the first days
of May and November, in the city of New York,
where the principal is Teimhursable in twenty
years from date, the interest between the date OF
sale and p ymeut 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 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 In 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 wears 1861 and 1852 Seven Cents and for the
year 1863 and thereafter Ten Cents on each One
Hundred Dollars valuation of ta1abes In the State
applicable to the reduction Of this loan.
Bonds payable TO bearer, signed by the Governor,
counterBigned and registered, with coupons for in
terest, in 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 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 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 will be opened at O'Clock P. NJ, on
June 22d 1861 at the Office of the Auditor of State,
Indianapolis, in the presence of such persons
may proper to be present, and the loan awarded
/ 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 coo in bonds of 81 900 each is also offered of
the above loan in the city of New York, Elaking in
/ all S1,5O0,00O now offered of such RGthorized
J 50 OOo, ,OoO.
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 office of Wins
low, Lanier & Co., iu said city in the presence OF
! such persons may see proper TO be present. and
the loan awarded to the highest bidder if accepted,
on the Tuesday succeeding-June 25-
The payment down, aud subsequent instruments
specified above, will also be expected, and in funds
at par in New York, 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 the time above
/ stated under seal addressed to tine Undersigned,
care of Winslow, Lanier & Co., No 50, Wall street,
/ New York marked " Proposals for Loan "
JAMES M. RAY,
JESSE J. BROWN,
JOHN II. O'BOYLE.
Loan Commissioners.
! Tp1f oil No. junp Z EVyfi0