The Evansville daily journal. [volume] (Evansville, Ia. [i.e. Ind.]) 1848-1862, 1861-06-13

&E.zLRD PROPOSALS will be received
~ by the Governor of the State of Indiana, the
Auditor and Treasurer of State,
acting for the Loan Commissioners, at the
Office of the Auditor of State,
in indianapolis, until o'clock p. NJ of Sat
urday the 22d day of June, 1861, for loaninE to the
State of Indiana the sum of Three Hundred Thou
sand Dollars, less the portion thereof taken by the
Commissioners Of the Sinking Fund, being part of
a loan of Two Million of Dollars authorized by
act of the General Assembly, entitled 90 An Act
to authorize the Governor to issue Bonds; to APP
point a Board of Loan Commissioners, and detin-
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 and principal of the Bonds to be sold +" ap-
proved May 13 1861.
Such loan TO bear interest of six per cent. per
annum, payable semi-annualy, on the Hrst days
of May aud November, in the city of New York,
where the principal is rembursable in twenty
years from date, the interest between the date of
sale and pigment, and November 1, 1861, to be
paid in advance and for the payment of the inter-
est and liquidation of the principal thereof, a spe-
cial tax of Five Cents each Hundred Dollars
IN value of the taxable property of the State has
been levied, which tax is by such law to be collect
ed annually, until said Bonds are paid or redeem
ed. In addition to which, q regular tax of Two
Cents, and in 1868, and thereafter of Five Cents is
levied for reducing the State debt, making in oil
for the years 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 to bearer, signed by the Governor,
couutarsigned and registered with coupons for in
terest, in sums of Five Hundred Dollars or of One
Thousand Dollars 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 a certificate will be given, bearing six
per cent interest from date; the remainder in
nine equal monthly payments therefor, the
whole any part at such prior dates may be
preferred by the bidder
The right is reserved to reject any and III of the
bids, shall be considered wilt promote the best
interest of the State
The bids will be opened at O'Clock P. NJ, on
June 3d. 1861, at the office of the Auditor Of State
Indianapolis in the presence of such persons as
may proper to be present. and the loan awarded
TO the highest bidder if accepted, on the Saturday
sucCeeding-June Goth.
Proposals must be addressed, under seal, to Audi
tor of State, Indianapolis for the Loan Commits
sioners, marked, Proposals for Loan
In addition to the above $500, 900, the amount o
81 200 600 in bonds of $1,000 each is also offered
the above loan ia the city of New York, making il
all Sl5o000o now offered of such authorized
$4,000 900.
The bids for such last amount viii be receive,
until and opened at II O'Clock N, ON Saturday Jun
22d, 1861, by the UNDERSIGNED, at the office ofWns
low, Lanier & Co., in said city in the presence 0
such persons as may proper to be present, an'
the loan awarded to the highest bidder, if accepted
on the Tuesday succeeding-June %
The payment down, and subsequent instalment
specified above, will also be expected, and in fund
at par in New York, on all proposals accepted 70
the loan there offered.
Proposals therefore also invited for any par
of such Loan offered in New York, hich must b
forwarded so to be received by the time abov
stated, under seal, addressed to the undersigned
care OF Winsiow, Lanier & Co, No 50. Wall street
New York, marked ." Proposals for Loan
JAMES NJ RAY,
JESSE J. BROWN,
JOHN II. O'BOYLE
Loan Commissioners
Indianapolis, May 80, 1851 june6dSwtj22