The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1861-07-05

NOTICE.
TTEDER THE PkoyIsIoEs OF AN tcT

TTEDER THE PROVISIONS OF AN fCT
~ passed ut the Extra Session Of the Eighth ten,
cral Assembly Of the State Il Iowa. entitled, ssAn
Act to provide for the issue and sale Of sta,e nds
to procure loan 81 money FIR tho State Of fuwa
toenAblei 70 rcpel invasion and defend it,eif liz
war;" approved Msy 2sth, 1861, the Issue ard sAlt
Of the Bonds Of the State 10 authorized to m
nos the sum q ssa; nanarsd
sold from time to time, as In the Judgment Of the
HHAsd 81 9sssf h
minority q said Bosra the wants ana necessite II
thc State may require.
The Board, ut TIER meeting held al the CAPT al
on The 18th or Jane, 1861, have ordered tho sue
end sale Of u 3nas to the amount OF -Four HuLdted
ThauSaud Do.laH.
The Bonds thereby authorized and for sale, are
10 sums If 81 90 90, 500 CO. ana $1,000 90 eat H. Al
the option OF the purchaser, sgn.d by the 0tter.
nor, countc,signed by the udtor and Treasu er
and atestsd BY the Great Seal Of the State If Iva
with inter COUPONS attached, signed by the ~.
4iior but lot at.esied by tie Great Seal OF the
state, and provide for the pa ment Of the princi
pal at the expiration cf twenty years trou the
thereof ard fer the Gay mcbt u interest semi
annually, IN tho Ist days of January and july OF
csA yesr ~ the rute Of seven per cent PER
sots principal and interest on all Ecnds over en-
Hundred Dollals are made payable at he Metre
politan Bank In the city oil New Aork. But the
Governor may cause SUCH payment TO be n AIDE at
any otles place in said city, by giving thirty days
public notice of such place In taree newspapers In
sad city.
Both the principal and interest OF all $loo. 90
Bonds made payable at The Treasury VI tais
State. Avnc " the $lC0t0 Bonds Will be soAd III
Of tnls State.
The state has isrevoeably pledged Ito faith IA,
pruyfIs adeq aaie 10 pay tic interest on Id
Bo ads as the same beecme due, and the principal
at the expiration Of twenty years, and, for ihis
,lurpase all, or 30 much ssary OF tho rev
enue arising from the entire taxable property Of
the State, has bten and IL set apart and pledged
for these purposts and II u made BY Law the defy
of the Centus board, other proper o6cer or n
hcers (which duty the law provides may, IL necess
sary bs enforced by IN andamus), to levy tax
in each year sufficient for these purposes, after
pa ment Of all expenses OF collection.
No taxes provided by law shah be levi I'd
by the State VI Iowa the stock created by 81 d
Act nor on the eres psy able thereon. And the
value of the stock shal Ia mo- Wise be impaired by
the authority of the state. But IL is express ~
provided by said act that nothing therein eonta
| Cd shall be construed as 10 ex mpt from a.
ton any part Of the capital stock Of the branches
| Of the State Bank OF Iowa.
The Board OF Goniaise ioncrs Created by said Ael
hay0 i'm writing directed The undersl gned, the
agents aIpointtd 10y ssid Net, 10 Negotiate said
loan and to sell aud transfer said Bonds To - Ii
said Boz dc or any part thereof at private sal ii
this State, at their ANAL PAR value, until tLe
18th day OF July, A. ID. 1861, ut which time all II
said BoIds which remain unsoid al private sale n
this STAGE IN ay be sid In the City # New York IN
l
Bonds will lie sold III New York City, but the
Bonds Their. sold will be- in the sum of $500. 90 ~
$1,000 90 escn, stihs Of the purchaser to lie
sp~ci6 ed in his proposal.
The terms OF the sales of raid Bonds are speri !.
pay BILE In hand On the delivery Of the Bonds 80
sold to the purchaser or purchasers. Matured cou
pons all Bands Of the denomination Of Ore
hundred Dollar by the provisions Of said Act
reeefvahfs In pa fneht 1T All state Il xsE.---
T II sale or s8Id D3Aas, which is to take pl ace
in New ork City, with directions tor prop ga i
therefor, lie advertised In the Daily New York Tri-
bune the New York Daily Tunes, and Daily Ne.
York Journal Of Commerce, and in the Daily Ros-
ton Atlas and Laiiy boston Post, and in the Daii
Chicago Tribune.
Any person wishing t. invest in said "Iewa
State Stocks cln do so the terms aforesaid at
their nominal par value, al the eice of the 1r.a-
Ut State, 1T the Ca itol, Des Moines until
and the eighth day of July, A. ID. 1861, alter
which day the undersigned viii proceed to Ne 4
Yosk City 10 attend to receiving proposals there
until the 10 h cay CT July, A. D. 1861, ~ noe IL
AID opening said proposals on July 18th, 1861 at
JOHN W. JONES, State Treasurer Loan
MATURIN L.fISHER, ARen{s
Des Moines, June 18th, 1861.