Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1864-05-06
u. S. 1910 Bonds.

These Bonds are issued under the Act Of Congress
Of March s,h. 1864, which provides that in lieu Of 50
much Of the loan authorized by the Act Of March u
1853, to which this is supplementary the Secretary
Of the Treasury Is authorized to borrow from time
to time on the credit of the United ststes not e1
eeedinr TWO HUNDRED MILLION DOLLARS
during the current fiscal year, and to prepare and
issue therefor Coupon and Registered Bonds Of the
United States and all Bonds issued under this Act
shan he EXEMPT FROM TAXATION BY or under
any state or municipal authority. Subscriptions
70 these Bonds sre received in United States notes
or notes OF National Banks. They are TO BE RE-
DEEMED ~ COIN, at tho pleasure ofthc Govern
meut at any period NC; Tea than ten o. HoT' ia"
forty vs7rs from theirdste and until their redenP-
ton FIVE PER CENT. INTEREST WILL IL
PAID N COIN, on Bends Of not over one huoired
dollar, annually. and on all ether Bonds seH--spa-
uany.
Tbein5erest 8. payable OF the arst days Of March
andseptom5orin each yssr. The ssml-snuuaI cga-
poDs are payable at those dates, aad tho annual
Coupons on the 50 and lcf dollar h nds are payable
on the arst ofyiarch.
Subscribers Will receive either REGISTERED or Con
pom Bonds as they may prefer. Registered Bonds
are recorded On the books q the I. $. Treasurer,
and ean be transferred only on the owners order
Coupon Bonds az. payable to besrsr, ana are more
convenient for ecmmercial uses.
Registered Bonds will be issued q the danomiaa-
ton ofFlf,y Dollars $50 one Hundred nr.iars
tslc5l, Five hundred Dollars SOD one Th'Usalt
Dollars 5000, Five thousand Dollars ,s5collind
Ten thousand Dollars tsio,ooq arr coupan Binds
ofths sane denominations ocFIny Dollars $50. one
Hundred Dollars SOD. Five handred ts5col, and
ono thousand Dollars lsI.oool.
Subscribers to thislosn viii have the option Of
having their Bonds draw interest from March LIST. BY
paying the accrued interest IN eoia-tor IA United
States notes or the notes National Banks adding
ffty per cent. for preuiunl or receive them draw
Ing interes, from the date OF subscription and de-
post.
"a these Bonds are exempt from municipal or
State TAXATION their value is increased from to
three per cent per annu, according to the rots Of
tx Ierios IN various parts ofths country.
Attic present rate Of premium on gold they pay
over eight per cent interest in currency, and are Of
equal copvenisnce a. permanent or temporary
investment.
TT. believed thstuo securitiss'oaer SO great iu-
duoemeu. to dealers as the various description, Of
L. S. Bonds. In all other forms Of Indebtedness the
faith Of rablity Of private parties or stock csmPa-
ME, OF separate communities only Is pledged for
payment. while for tedebts ofths United states the
whole property CT the country is holden TO secure
the paymon, Of both principal ami interest in ela.
These Bonds may be subscribed for In sums from
So up to any magnitude, on the same terms and
are thus msle equally available to the smallest
lender and tho largest capitalist. They car te
converted .nt7m0ney at any laomeutand the holder
Will have the benefit Of the Interest.
Theact that al! lutte. on imports are payable in
specie furnishes fund flr like payment Of interest
quail Government Bond, largely in excess &C tle
wants astha treasury Tor thi. purpe.e.
Upon Che receipt = subscriptions certificate &c
deposit therefor, In duplicate, wiz De issued. rho
orisina. Of which viii 10 forwarded by tie sui
serssr TO- The Secretary o. the Treasury. a; wash
instou, with letter s,atias the Kind registered or
coupon. and tso tenominatiaas Ct bonds required.
Upontaereeelp, OF the original certificate at the
Treasury Department, tie bonds subscribed far VIII
5e transmitted to the subscribers respectively
sub.--ip-Iaus vii be received by the T-sl'u7s, O.,
q, r-i..- s,l,., at Washington. and the is,Y'r7f
T-sa,.-.-s Al View York. Bottom. and Failadelphia,
and by the
FIRST National Bank q BsnrinZroa ".
FIRST National Bank Of North Bsun'nst7u It.
First National Bank q Albany y Y.
and BY all National Banks which are deposit4ries
Of public money. Al resPse;asls Banks and bank
ers throu haat the country vii furnish further .a
formation on application, and A1ord every facility
to subscribers.