The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-20
&R.RLED PROPOSALS will be reeeiv

- hsMAEO A~8O E@OSa4 Is viii be received
- bv the Governor Of the State of Indiana, ths
Auditor and Treasurer of State,
aeting for the Loan Commissioners, at the
Office of the Auditor Of State,
in indianapolis, until / o'clock p b. of Sat.
urday the I'D day of June, 1861 for oaning to the
State of Indiana the SUN Of Three Hundred Thou.
sand Dollars loss the portion thereof taken by the
commissioners OF the Sinking Fund, being part OF
a loan Of Two Million Of Dollars authorized bv
an act of the General Assembly, entitled An Act
to authorize the Governor to issue Bonds. 10 an
point Board Of Loan Commissioners, and defln
ing their duties; requiring the Sinking Fund Com
missioners 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 ard principal OF the Bonds to be sold :" ap
proved Nay II, 1861.
Such loan 90 bear interest Of six per cent per
annum, payable semi-annually, on the 6rst DAYS
Of May and November, in the city Of New York
where the principal is reimbursable in twenty
years from date, the interest between the date OF
sale and payment, and November /, 1861, TO bs
paid in advance and for the payment of the inter
est and liquidation Of the principal thereof. sps-
ciai tax OF rive Cents on each Hundred Dollars
ia value of the taxable property of the State has
been Levied which tax is by sucl law to be collect
ed annually, until said Bonds are paid or redeem q
ed Ia addition TO which, regular tax Of Two
Cents, and in 1868. and thereafter Of Five Cents
levied for reducing the State debt, making IN all
for the 1861 and 1852 Seven Cents and for the
year 1868 and thereafter Ten Cents on each One
Hundred Dollars valuation of taxables in the State
applicable to the reduction of this loan.
Bonds payable 10 bearer, signed by the Governor
countRrsigned and registered, with coupons for In
terest, in sums of Five Hundred Dollars or OF One
Thousand Dollars, es 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 certificate will be given, bearing six
per cent. interest from date tho remainder in
nine equal monthly payments therefor, the
whole any part at such prior dates as 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 one o'clock p. M, on
June 3D. 1861 at the Office of the Auditor of State
Indianapolis, in the presence Of such p rBonB As
may see proper to be present and the loan awarded
TO the highest bidder, if accepted, the Saturday
succeeding-June 29th.
Proposals must be addressed, under SEAL to Audi
tor Of State, indianapolis for the Loan Commits.
soners, marked, proposals for Loan"
In addition to the above $500, 900, the amount of
81 200 coo in bonds of 600 each Is also offered Of
the above loan in the city of New York, making n
all Sl,500,0OO now offered Of such authorized
S20O0,00O.
The bids for such last amount will be received
until and opened at II O'Clock Saturday, june
low, Lanier Co., in said city In the presence Of
such persons as may see proper TO be present, and
the loan awarded 10 the highest bidder If accepted
on the Tuesday succeeding--June 20.
The payment down, and subsequent instaments
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 DO
forwarded so as to be received by the time above
stated, under seal, add ressed to the undersgned,
care Of Winsow, Lanier & Co, No 50, Wall street.
New York, marked =" Proposals for Loan -
JAMES n RAY,
JESSE J. BROWN,
JOHN II. O'BOYLE
Loan Commissioners
indianapolis, May 30, 1861. june6d&wti22