Maysville weekly bulletin. [volume] (Maysville, Ky.) 1864-1866, 1864-06-02
u. S. 1910 BONDS.

gress of March sth, 1854, which provides that IN
lien of so much of the loan authorized by the Act
of March Sd, 1868, to which this is supplement-
airy, the Secretary of the Treasury is authorized
to borrow from time to time, on the credit OF the
United States, not exceeding 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 shall be EA-
EMPT FROM TAXATION by or under any
State or municipal authority. Subscriptions 10
these Bonds are received in United States notes
or notes of National Banks. They are III BE
REDEEMED IN COIN, at the pleasure Of the
Government, ut any period not less tha" ten nor
more than forty gears from their date, and until
their reGemp tion FIVE PER CENT. INTEREST
WILL BE PAID IN COIN, on Bonds of not over
ono hundred dollars annually, and on all other
Bonds semi-annually.
The interest is payable on the first days oil
March and September in each year. The semi
annual Coupons are payable at those dates, and
the annual Coupons on TIE so and 100 dollar
Bonds are payable on the first of March.
Subscribers will receive either Registered or
Coupon Bonds, as they may prefer Registered
Bonds are recorded on the books of the U. s.
Treasurer. and can be transferred only on the
owners ooier. Coupon Bonds are payable to
bearer, and arc more convenient for commercial
uses.
Registered Bonds will be issued the denom-
nations of Fifty Dollars $500, One Hundred
Dollars (slOO), Five Hundred Dollars (s5oO),
One Thousand Dollars Isl ,OOo), Five Thousand
Dollars (s5, OOO), and Ten Thousand Dollars
{ $40 ,OOO); and Coupon Bonds of the denomin ma
tons of Fifty Dollars $500, One Hundred Dol
lars (slOO), Five Hundred Dollars (s6OO), and
One Thousand Dollars 81, OoO).
Subscribers to this loan will have the option of
having their Bonds draw interest from March
LIST, by paying the accrued interest in COIN or
in United States notes, or the notes OF National
Banks, adding fifty per cent. for Premium,) or
receive them drawing interest from the date OF
subscription and deposit.
! As these Bonds are ex..mpt from municipal or
State taxation, their value is increased from one
to three per cent. per annum, according to the
rate of tax levies in various parts of the country
AT tbs present rate of premium gold they
pay over eight per cent. interest in currency,
and are of equal convenience as permanent or
temporary investment.
1t is believed that no securities offer 50 great
inducements to lenders the various descrip-
tons of U s. Bonds. In all other forms of in
debtcdncss, the faith ability of private parties
or stock companies or separate munities
only is pledged for payment while for the debts
of the Uuited States the whole property of the
country is holden to secure the payment of both
principal and interest in coin.
These Bonds may be subscribed for in sums
from $50 up to any magnitude, on the same
terms, and thus made equally available to
the smallest Lender and the largest capitalist
They can be converted into money at any mo-
meut, and the holder will have the benefit of the
interest.
The fact that all duties on imports are payable
in specie furnishes fund for like payment Of in
terest on all Government Bonds largely in OK
cess of the wants of the treasury for this purpose
Upon the receipt of subscriptions a certificate
Of deposit therefor, in duplicate viii! be Issued.
the original of which will DO forwarded by the
subscriber to the Sec etary of the Treasury, at
Washington, with a letter stating the kind (reg-
istered or coupon) and the denominations of
bonds required.
Upon he receipt of the original certificates at
the Treasury D : partment, the bonds subscribed
for will be transmitted to the subscribers re-
spectively.
Subscriptions will be received by the Treasurer
Of the United States at Washington, and the +
1Issista,t 7Teasurers at New York, Boston, and
Phil adeIphia, and by the
FIRST NATIONAL BANK or LOUISVILLE, Ky.
&c OF CINCNNATI, Ohio.
" OF CA1xo, ILL.
and by all National Banks which are depostaries
Of public money. All respectable banks and
bankers throughout the country will furnish
further information on application, and afford
avery facility to subscribers. ljune 2-2w.
III ALL