The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-06-28
NOTICE.
FINDER THE PROVISIONS OF AN ACT

FINDER THE PROVISIONS OF AN ACT,
~ passed ut tho Extra session OF the Eighth Gen
ssAl Assembly Of the State II Iowa, entitled. can
Acto provide for the issue and sae Vt State Bonds
70 procure loan Of money Tor the State Of Iowa,
TO enable Ii to rcpel invasion and defend Itself In
wsr. approved May 18th, 1861, the issue andsals
Of the Bonds OF the State Ii authorized to an
amount not exceeding the sum Of Right Hundred
Thousand Dollars. The bonds are to be issued ard
sold from time to time, as in the Judgment Of the
Board Of Commissioners created by said Act or the
msjoriiy Of said Beard the wants and necessities Of
| the State may require.
The Board u their meeting held Mt the Gapitni.
the IT, &C 80 IsE. -
and sale of Bonds to the amount of Four Hundred
Thousand Dollars.
The Bonds thereby authorized and for sale. arc
Ia sums Of 10000, $4,000 and $1,000 90 css b, ut
the option Of the purchaser, signed BY the Cover
nor, coun tefsigned by the auditor and Treasurer,
and Attessd by the Great Seal Of the State Of Iowa.
with interest coupons attached, signed by the Au-
ditor, but not affected by the Great Seal Of the
State, and provide for the pay ment Of the princi
pal 1t the expiration OF twenty years from the
date thereof and for the payment Of interest semi
annually, on the let days VI January and july Of
10th principal and interest all Bonds over One
Hundred Dollars are made payable ut the Metro
politan Bank in the City OF New York. But the
Governor may cause such payment 10 b made at
any othey place in said city, by giving thirty days
public notice Of such place in three newspapers In
- city.
Both the principal and interest Of all $I00 90
Bonds a-e made payable IT the Treasury Of this
State. None Of the 10000 Bonds will be scld on,
OF this State.
The state has irrsvocably pledged it's faith to
provide adequate means to pay the interest on sAid
Boads as the same become due, and the principal
ut the expiration OF twenty years, and. for this
purpose all, or so much ~ u necessary Of the rev
enue arising from the entire taxable property Of
the State, has been and 10 set apart and pledged
fol- these purposes; and IL 10 made by Law the duty
OF the Census Board, or other proper ofcer or Of
Gcers (which duty the law provides may, ii neces-
sary be enforced by mandAmus), to levy . tAx
In each year sufficient for there purposes, after
payment Of all expenses Of collection.
No axes tits provided By Law, shall be levisd
by the State VI Iowa the stock created by ss.d
Act, nor on the interest payable thereon. And the
value Of the stock sha II in no wide be impsiFed by
the authority Of the state. Bat it 10 expressly
prov ~ said oct that nothing therein contain
ed shall be construed ~ to exempt frem 10 IA
ton any part OF the capital stock OF the Branches
Of the State Bank of Iowa.
The Board OF Commissioners created by said Act
have in writing directed the undersigned, the
agents appointed by said Act, 10 negotiate said
Loan and TO soil and transfer said Bonds; u sell
said Bonds or any part thereof 1t private - in
th 10 State. their nomiua par vnlue, until the
18th day OF July, A. D. 1851, 1t which time all Of
said Bonds which remain unsold ut private sale 10
this Sta.e; nay Be sold in the City Il New York in
the manner specified in said act. No tl00.0 90
BnnIE Will &c sofa IN Nov 10TH Astyt HUt the
bends there sold viii be the sum of S500. 90 oil
$1,000 90 each 1t tbs option oi tho purchaser to be
spccl ded in his proposal.
The terms Of the sales Of sasd Bonds are specie
bile in hgnd on the delivery Of the Bonds ~
sold to the purchDsr or Purchasers. katured ecu
I.pons on all Basds of the denomination of One
hundred Dollars by the provisions ~ said Act
recei vabic In payment If all state Taxes.
The sale of said Bonds, which IL 10 tAkn Pill cs
in New York City. with directions for proposals
therefor. is advertised In the Daily New YORK Tri.
Lluei Tho NAN uIk-u 4l.y- 14a-@s- $50 -u~t+s A~~
York Journal Of Commerce, aud in Lhe Daily Dos
ton Atlss and Daily Boston Post, and in the Daily
Chicago Tribune.
Any person wishing TO invest in said .Iewa
State Stocks" c1n do on the terms aforesaid, a,
their nominal par value, al the odee Of the Urea.
Of State, at the Capitol, Dss MONIES, until
and on the eighth day OF July, A. u 1861, after
which day the undersigned viii proceed to New
York City to attend to receiving proposals. there
until the 18th cay Of July, A. u. 1851, At noon
ard opening said proposals on july 18th, 1861, al
JOHN w. JONES, State Treasurer, Lean
MATuklN L.FISHEK, Agents.
Des Moines, June 18th, 1861.