The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-07-12
NOTICE.

Under THE PROVISIONS OF AN ACT.
| ~ parsed vt the Fxtra Session OF the Eighth en-
ersf Assembly OF the State II Iowa, entitled, An
Act TO provide for thu Issue snd ale Of state
to procure loan Of money for the State ~ H. "a
to enable VI to rerel invasion and defend itself in
var" approved May 2sth, 1851, tho ssae AID ale
| OF tho Bonds OF the State liz authorized To m
amount not exceeding the sum Of Fight Hume red
| Thousand Dollars. he bonds are To be lisa uod III
so1u TrEnI tffrs 70 tfMe, As III fhy yudginrIr the
Board OF Commissioners Great by said Act or the
majority of said Beard, the wants and necessities II
! thu State may require.
The Board, NJ tEeir meeting held at the Ca pi' a
on the 18th Of june, 1861, have ordered the issue
and sale Of ,uds 10 the l,nrunt Of Four lund red
Thousand Dollars.
The Bonds thereby authorized md for sale, are
in sums of loo CO. 300 co, ana xl0e0 60 eas b. a,
the option OF the purchaser, sirnsd by the q a,sr
nor, connteIsigned by the Auditor and Treasufar,
Attestea BY thr G+eat tai II the State n
with interest coupons attached, signed by tbs u
sfitor but not attesied by Tie Great Seal of be
state and prov ide for the pa, ment II the prusi-
pal at he expiration Of twenty years from the
ia te thereof ard fur the Ia of interest semi
annually, en- the let days OF January and July OF
each year. AT the rate Of seven per cent per annun;
both PRINCIPAL aud interest On all Bonds over une
Hundr.d Doliats msae payable at the Met,e-
poIitsn Bank in the tity Ut New York. But the
Governor may causc such payment TO be made at
any othey place in raid city bv giving thirty DAYS
public notice Of such pl lace in three newspapers in
said city.
Both the priDcipaI and interest Of all 500 90
Hands INA j e be ~ The Iee-=t+. iis
State. Mono Of the Slt0.to Boads will be acid cut
The State has irrevocabiy pledged it's faith to
provide adequate means TO pay the interest 81 i'd
Bords ~ the same beet me due, and tho princip il
al the expiration of twenty years, and, for this
pur1 ore. all, so neh necessary OF the rev.
eLus arising from the entire taxable property If
the State, has been and Is act apart and pledged
fol tbtse purpcrss and IL Is made by Law the deity
oil the Census Board, OF other proper ficer Of
Gcers (Which duty tbs Law provides may, IL nfces-
sary be enforced BY mandamusJ, to levy a tax
in each year suficitnt Tor these purposes, after
Payment of all expenses of collection.
No axes tits provided by law shall ever be levied
by the state Ut Iowa on the stock created by sai
Aer, nor on the intereft payable thereon. And the
value Of the stock sha II IN wise be impaired Nv
the aut horty Of the state. But IL in expressly
provided ty said act that nothing therein contain
ed shSli be 50 construed as to mpt from tax
ton any part OF the capital stock Of tns Branches
Of the State Bank Of Iowa.
The Board of Comm ioners created by said Act
have in writing directed the undersigned, the
agents appointed by sH,d Act, TO negotiate said
loan, and TO sell ard transfer said Bords, t. sell
said Boods or any part thereof at private sal in
I'll is State, at their nominal psr value, until the
18th day OF July, A. d. 1861, at which time ali
said Bonds which remain unsold at private sale In
this Sts.e; may tie sold in the City # New York in
the manner specified IN said act. No 500 90
Bonds will lie cold in New York City, but ,be
Bonds there sold will he in the cum Of $500 90 or
$1,000 90 esco, at tbs option Of the purchaser to be
specified in his proposal.
The terms Of the sal q Of said Bonds are speci
payable In hand On the delivery of the Bonds 50
cold TO the purchaser or purchasers. Ma,ured cou
pont On MI HaErs Of The denomination OF On
HUnarld pqllars arr ty the provisions Of said Act
receivable in payment Of all state 1axes.
The sale Of said Bonds, which Id TO take piaeA
IN New York City, with directions for prop sails
therefor, II advertised In tie Daily New YORK. Iri
bune the New York Daily Times, and Daily Nev
York Journal Of Commerce. and in the Daily Ros-
ton Atlas ana Iaiiy Boston Poet, and in the Daily
GEicago Tribune
ANY perscn wishing to invest in said ssIcw,
State Stocks, - do 80 on the terms aforesaid at
heir nominal par value, the office " the Urea
of state, at The Ca itol, Des Moines until
anu the eighth day OF July, A. ID 1867, alter
which day the Undersigned viii proceed To New
lorK City to attend to r eetving proposals there,
until the 18Th eay Of July, A ID. 1851, ut noon,
aid opening said proposals On July 18th, 1861, at
noon.
JOHN W JONES, Stlte Treasurer Loan
MAfukiN L.tioHhR, Agents.
Des Moines, June 18Th, 1851.