Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-06
v. Q. eoNpo.
u. s. 1O-4O BONDS.

These Bonds issued under the Act OF Congress Of
March sth, 1854 which provides that IN lieu q much
Of the loan authorized By the Act Of March 3D. ls63
which this is supplementary the Secretary Of the Treas
ury is authorized borrow from time to time on
the credit Of the upited States, not exceeding TWO
HUNDRED MILLION DOLLARS during The earent
tscal year. and TO prepare and therefor Coupon
and Registered Bonds Of the United States all Bonds
issued under this Act shall Be EXEMPT FROM TAXA
TON by under any State or municipal suthsrsty.
subscriptions 10 these Bonds are received IN United
States notes Of National Banks They are TO
BIZ REDEEMED IN cory, at the pleasure Of the Gov
eminent at any period not less than fsan
forty years from their date and until their redemption
FIVE PER CENT. INTEREST WILL BE PAID IN coTS.
on Bonds Of not hundred dollars annually and
on all other Bends semi annually.
The interest payable the first days Of March and
September in each year The semi annual Coupons
payable at those dates and the annual Coupons the
$50 and slOo Bonds payable on the first Of March
Subscribers will receive either Registered or Coupon
Bonds as they may prefer Registered Bonds are re-
corded the books Of the United Treasurer
can be transferred only the owners order Coupon
Bonds payable bearer and more convenient for
commercial uses.
Registered Bonds will be issued Of the denominations Of
Fifty Dollars $780, One Hundred Dollars $500. Five
Hundred Dollars s5OO) one Thousand Dollars (sI OOO)
Five thousand Dollars (s5.OOO and Ten thousand Dol
lars (slOoO; and Coupon Bonds Of the denominations
Fifty Dollars ts5o), One Hundred Dollars $780, Five
Hundred Dollars (s5OO), and One Thousand Dollars
)sl,OO0.)
Subscribers this loan viii have the option Of having
their Bonds draw interest from March ls by paying the
accrued in Tor Unired notes.
notes Of National Banks, adding ty per for pre-
mium receive them drawing interest from the date Of
subscription and deposit.
As these Bonds are exempt from municipal or State
taxation, their value increased from three per
cent per annum, according the rate Of tax levies in
various parts OF the country.
At the present of premium en- gold they pay over
eight per interest currency of equal con
venience as permanent or temporary investment.
1t is believed that securities offer great induce
ments lenders the various descriptions Of L. S.
ability of private parties companies or separate
communities only is pledged for payment while for the
debts Of the United States the whole property Of the
country is holden the payment of both principal
and interest in coin.
These Bonds may be subscribed for in from $50
up to any magnitude, the terms, and thus
largest capitalist They be converted into money at
any moment and the holder will have the benefit of the
interest
The fact that all duties imports payable specie
furnishes fund for like payment of interest all Gov
eminent Bonds largely in excess of the wants of the
treasury for this purpose.
Upon the receipt of subscriptions certificate Of deposit
therefore, duplicate will be issued, the original Of
which will be forwarded by the subscriber to the Secre-
ary of the Treasury Washington, with stating
the kind registered coupon and the denominations Of
bonds required.
Upon the receipt of the original certificates at the
Treasury Department the bonds subscribed for will be
transmitted the subscribers respectively.
Subscriptions will be received by the Treasurer ofAe
United States. Washington, and the assistant Treas
New York, Boston and Philadelphia, and by the
FIRST National Bank OF indianapolis, md, and by all
National Banks which depositsries Of public money
All respectable banks and bankers throughout the coun
try will furnish further information application and
afford every facility TO subscribers.
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