The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-21

q EsgERE Pro ,,.aEls viii g. ,etvad
~ bv the overnor Of tho stat0 of Indiana, tEs
Auditor and Treasurer Of State,
acting for tho Loan Commissioners, az TIA
osi.c5 re the Auditor Of State
in Indianapolis, until l ocio p 81. Of Sat,
uTdaF the S2d day Of june, 1851 for loninU e. the
State Of Indiana the SUI, Of Three Hundred Thou.
sand Dollars, less he portion thereof taken by the
Commissioners Of the Sinking Fund, being part Of
a loan Of Two Million Of Drllars. authorized Ly
an act Of the General Assembly, entitled. . An Aos
TO authorize the Governor TO issue Bonds, TO aB-
point Board Of Loan ComTni sioners, HDd deiu-
ing their duties; requiring the Sinking Fund Com
mssioners to purchase Bonds defining their duties
In rotation = the interest received on the same
and levyins tax TO meet the payment Of the in
teTe4t and pr ncipal Of the Bonds TO be sold ~ sp
proved N I3, 1861
Such loan 10 besr an interest Of six per cent. pex
anuUm, payable ssmi-anuually, on the drst days
q May ana No7ember, Ia the city Of New YORK.
where the principal Is REIN uTsable IN twenty
years from date the interest between this date oi
sale and yrnent, and NoveHnber !, 1861, 70 Ls
paid In advance and for the payment Of the inter
est liquidation Of the principal thereof, q sps
cial tax Of Five Canfa on each Hundred Dolfqrs
In FalIs Of the taxable propertr of the State hiss
been levied which tax % by sucE Law % le collect
cd annually, until said Bonds paid or redeem
ca. In addition 10 which, regular tax Of Two
Ceats, aud in 1865, and thereafter, Of Five Cents
levied for reducing the State debt, making In sll
for the years sol aud 1889 ssvou Cents aud for ths
year 1865 and thereafter Ten Cents on olch One
Hundred Dollars valuation Of taxables in the state
applicable to the reduction OF this loan.
Bonds payable 90 bearer, signed by the Governor.
countersiaiied and registered, with coupons for ia
terest, ia sums OF i've Hundred Dollars or OF Ono
Thousand Dollars, as may be preferred bv the bid
DER will be issued for this loan.
Upon the acceptance of any proposal, Ten PEI
cent. the amount Of such bid must be paid down
for which certificate Uiii be given, bearing siN
Ter cent. interest from date; tho remainder n
nine equal monthly payments therefor, tho
whole OK any part ut suclI sEior dates as may be
preferred by the bidder.
The right is reserved TO reject any and all Cf the
BIDS as shall be considered wilt promote the best
interest of the State.
The bids viii DO opened at one O'Clock p. NJ, on
Juno ed lsGi, at the oice Of the Auditor Of State
Indianapolis ia she presence OF such rsous
may proper TO be present. and the loan awarded
to tho highest bidder, II accepted the Saturday
eucccedng-Juue Goth.
Proposals must be addressed, under seal, 70 Audi
tor Of state, Indianapolis, for the Loan Commits
5louers, marked, "PTOposalt for Loan
] n addition 10 the above S3OO, co.. tho amount Of
$500 900 IL bonds Of Sl00o each Is also offered Of
tue above loau in the city Of Now York. making In
all Sl,5oO,ooO now offered Of such authorized
e. 600 600.
The bids for such last amount will be received
until and opened at l. O'Clock H. on Saturday, Juno
low, Lauier Co., ia said city 10 the presence Of
such pereOus may see proper to be present, and
the loan awarded 70 the highest bidder, IL accepted
on the Tuesday sI.ooeeding-june 25.
The payment loWu, and subsequent instaimcnta
specified above, will alEO be expected aud Ia funds
at par ia New crk, ell proposals. accented for
the loan there on rcd.
Proposals are therefore also invited for any part
Of such Loan ofs cd In New York, which must be
forwarded to 10 rec -iFsd By the time above
stated, under SEAL addressed 70 tine underslgu 9.
care Of Winslow, Lauier Il Co, No g. Wall btrests
New York, marked " Proposals for Loan "
NhiE5 NJ. RAY,
JESSE j. BROWNs
JOHN II. O'BOKLE.
Loan Commissioner.
Indianapolis. hiay 80, 1861. Jun edswt21