The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1861-07-06

Under the provisions Of an oct passed at the Extra ses
sion Of the Eighth General Assembly Of the State Of Iowa.
Bonds to loan Of money for the State Iowa
to enable It to repel invasion and defend itself In war
OF the state authorized TO an mot ~
sum Of Eight Hundred Thousand Dollars The Bonds are
to be issued and sold from time to time, a. In the judg
ment Of the Board Of Commissioners created by said a
the majority Of said Board the wants and necessities Of
the State may require.
The Board their meeting, held at the Capital on the
Bonds to the amount Of -Four Hundred thousand Dollars
The Bonds thereby suho.ed and for sale are in the
of the purchaser signed by the Governor countergned
by the Auditor and Treasurer and attesed by the Great
signed by the Auditor bat attested by the Great Seal
Of the State and provides for the payment Of the principal
at the expiration Of twenty years from the date thereof
day Of January and July Of each ct the rate Of seven
per cent per annum. Both principal and interest," on
thsMetropoltan Bank in the City Of New York. But the
Governor may such payment to bemade ct 9TH
er place IN said CITY, By giving thirty days public notice
Both the principal and interest Of all 800 Bonds are
made payable at the Treasury Of this State -
None Of the 500 90 Bonds will be sold out Of State.
The State has evocaby pledged its faith provide
adequate means to the interest said Bonds the
same becomes due and the principal at the expiration Of
Revenue arising from the entire taxable property Of the
State has been and set apart and pledged for these
poses and made BY law the duty Census Board
or other proper officer officers (which duty the law pro-
vides may II necessary be enforced by mandamus) TO
levy tax each year. SUFFICIENT for these purposes after
payment Of all expenses Of collection
Noax 1t Is provided by law shall ever be levied by the
State Of Iowa. the stock created by said act the
interest payable thereon and the value Of the stock sha
In no wise be impaired by the authority Of the State but
expressly provided by said act that nothing therein
contained shall be construed, to exempt from
ton any part OF the Capital Stock Of the Branches Of the
State Bank OF Iowa.
The Board Of Commissioners created by said act have
In writing directed the undersigned the agents appoint
ed by sold act TO negotiate said loan, and to SELL and
transfer said Bonds to sell said Bonds any part there
or private sale In this State their nominal par value
the 18th day Of July A. D. 1861 at which time all
OF said Bonds which remain unsold At private SALE In this
state may be sold In the City Of New YORK. In the
ner specified In said act.
No $4,000 Bonds will be sod In New York City, but
the bonds there sold, will be in the Of $4,000
$1,000 EACH at the option Of the purchaser be speci
fed In his proposal.
The Of the sale Of said Bonds are Specie payable
In hand on the delivery Of the Bond sod TO the pur
chases or purchasers
Matured coupons, on all Bonds Of the denomination Of
one hundred dollars by the provision said act
ceivable In payment of all State taxes .s ~.
The sale Of said Bonds which TO take place 10 New
York City, with directions for proposals. therefor Is ad
vertised In the Daily New York Tribune The New York
Daily Times, and Daily New York Journal Of Commerce
In the Daily Chicago Tribune.
Any person wishing to invest In said ''Iowa State
Stocks can do the terms aforesaid their nomi-
nal par value at the Office Of the Treasurer State the
Capitol at Des Mones until the sth day Of July A. d.
1851 after which day the undersigned will proceed to
until the 18th day Of July, 1861 at noon and opening
said proposals on July 18th, 1861, at noon.
JOHN W. JONES, State Treasurer.
MATURIN L. FISHER,