The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-07-10
n Office.

FINDER THE PROVISIONS OF AN ACT,
~ passed ut the Extra Session OF the Eighth Gen.
erAl srembly Of the State ct Iowa, entitled IAN
Act to provide for the ssuc and ale Of state Bonds
TO procure loan OF money fer The State Of losa,
to enable IL to repe invasion and defend itfen In
war" approved Nay 2sth, 1891, tic issue andsale
OF the Bonds Of the State Is authorized to an
amount not exceeding the sum Of Light Hundred
thousand Dollars. The bonds are to be issued n
sold from time to time, ~ in the Judgment Of the
Board of Commissioners created by said Act or the
sEsujsrsv5 5gss, sssssssssss
the State may require.
The Board, Mt their meeting held at the Capital.
on the 18th Of June, 1861, have ordered the issue
and sale Of Bonds to the amount Of Four AundIe ed
Thousand Dollars.
The Bonds thereby authorised and for sale, are
in suns Of O0 $500 90, and 0a0 20 eAs b, at
the option of the purchaser, signed by the Cover.
nor, coun telsigned by the Auditor and Treasurer,
and attesed by the Great Seal OF the State ct Iowa,
with interest coupons attached, signed by the An
ditar hut not attested by the Great Seal of the
State and provide for the pay ment Of the princt-
pal ut the expiration u twenty years from the
date Their eof and for the payment Cfintcrest semi
annually, on the let days OF January and july OF
each year 1t the rate Of seven per cent per annum
both princip pal ana interest on all Bonds over Ons
Hundred Dollars are made payable at The Metro
poIitAn Bank in the City OF New York. But the
Governor may cause such payment to be made at
any othey place In said city, by giving thirty days
public notice OF such place In three newspapers In
said city.
Both the principal and interest Of all $l0o.ee
Bonds Hse made PAYABLE at the Treasury Of this
State. Mono Of the $l0o.c0 Bonds will be sold out
OF this State.
The state has irscvocably pledged its faith to
provide Adeqnate means to lAy the interest On said
Bonds o. the same become due, and THO principal
At tho expiration OF twenty years, and. for this
purpose all, or much ~ 10 necessary OF the rev
enue arising from the entire taxable property Of
the State, has been and 10 set apart and pledged
II lA I've In - he n
Of the Census Board, or other proper ohiccr or Of
fcers (which duty the Law provides may, IL neces-
sary, be enforced by mandamus), To- levy tax
in each year sufficient for these purposes, after
ray mcnt Of all expenses OF collection.
No axes It's provided by Law shall ever be levied
by the State Of lows on the stock created by said
Act, nor on the interest payable thereon. And the
value of the stock shall in no wikc be impaired by
the authority Of the state. But Y 10 expressly
prov ia ed ~ said act that nothing therein contain
cd shall be 20 construed ~ TO exempt from taxa
ien any part Of the capital stock Of the branches
Of the State Bank Of lows.
The Board OF Commissioners created by said Act
have in writing directed the undersigned, the
agents appointed By said Act, to negotiate said
loan, and 10 sell and transfer said Bonds; 70 sell
said Bonds or any part thereof at private sails In
this State, NJ their nominal par value, until the
18th day OF July, A. d. 1861, 81 which time all Of
said Bonds which remain unsold NJ private sale In
this Sta.e may be sid In the City 1t New York iu
the manner speciGed in said set. No 500 90
Bonds will b cold In New York City, bat the
Bonds there cold will b In the sun Of $780, 90 or
$1,000 90 each the option Of the parchassr, TO be
specified IN his prop0sal.
The tsrns Of the saaes d said Bonds are specir,
pay bile In hand on the delivery Of the Bonds So
sold 70 the purchaser or psrchassn. Astared cou
pons on I'll Bsnds Of the dsnomtnAtion OF On
hundred Dollars are. BY The proviaions Of said Act
receivable in payment Ut all state 1Axss.
Tia .Ale NJ aid Rondx. -Hhich n u TAXA plaza
in New York City, with directions for proposals
therefor, IL advertised In the Daily New York Tri-
bune. the New York Daily Times, and Daily Mes
York Journal OF Commerce, and in the Daily POS
ton Atlas aud Iaiiy Boston Post, and in the Daily
Chicago Tribune.
Any person wishing 70 invest in said "IowA
State Stocks," cin do the terms aforesaid, al
their nominal par value, At the Office Of the Irea-
surer of State the Capitol ut Des MONIES. until
and on the eighth day OF July d 1861, alter
which day the undersigned win proceed 70 New
York City TO attend to receiving proposals there,
until the l3th cay Of July, A. ID. 1861, at noon,
ard opening said proposals on July 18th, 1861, nj
noon.
JOHN w. JONES, St,te Treasurer, Loan
MATUkIN L.FIsHER, ( Agents.
Des Moines, June i3sh, 1861.