Orleans independent standard. [volume] (Irasburgh, Vt.) 1856-1871, 1864-06-10
U. s. lO-4O BONDS.

u. 8. 10 40 BO IN DIS
These Bonds are issued under the Act Of Con
gress of March Sth, 1864, which provides that Il
lieu of so much of the loan authorized by tn
Act-of March Sd, 1868, to which this is supple
montary, the Secretary Of the Treasury is au
Ithorlzed to borrow from time to time, on tn
credit of the United States, not exceeding TWO
HUNDRED MILLION DOLLARS during til,
current fiscal year, and to prepare and issu'
therefor Coupon and Registered Bonds of tn,
United States; and all Bonds issued under th
Act shall be EXEMPT FROM TAXATION by
or under any State or municipal authority
Subscriptions to these Bonds arc received il
United States notes or notes Of National Banks
They are TO BE REDEEMED IN COIN, at the
pleasure of the Government at any period ao
less than ten or more Han forty years from then
date and until their redemption FIVE PER
CENT. INTEREST WILDE PAID IN COIN,
on Bonds of not over one hundred dollars annu-
ally, and on all other Bonds scmi-aunually.
The interest is payable on the first day OF
March and September in each year The semi
annual Coupons are payable at those dates, and
the annual Coupons on the 80 and 100 dollar
Bonds arc payable on the first Of March.
Subscribers will receive either Registered OF
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 order. Coupon Bonds arc payable tc
bearer, and are more convenient for'commcrcial
uses.
Subscribers to this loan will have the option
Of having their Bonds draw interest from March
Ist, 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 arc exempt from municipal or
State taxation, their value is increased from one
to three per cent. per aunum, according to the
rate of tax leyies in various parts of the coun-
try.
At the present rate Of premium on gold they
pay over eight per cent. interest in currency, and
are Of equal convenience as a permanent or tenn
porary investment.
1t is believed no securities offer so great in
ducoments to dealers as the various descriptions
Of o. S. Bonds In all other forms Of indebted
ness, the faith or ability Of private parties or
stock 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 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 are thus made equally available toI
the smallest lender and the largest capitalist
They can be converted into money at any mo-
mont and the holder will have the benefit Of the
interest,
Upon the receipt Of subscriptions q certificate
Of deposit therefor, in duplicate will be issued,
The original Of which will be forwarded by the.
subscriber to the Secretary of the Treasury, at
Washington, with letter stating the kind
or coupon and the denominations
5fbonds required
Upon the receipt of the original certificates all
he Treasury Department, the bonds subscribed
or will be transmitted to the subscribers respec-
lively.
Subscriptions will be received by the Tyeasw-
Pr Of tie United States at Washington, and the
assistant T'egsU'ers at New York Boston, and
and by the
First National Bank of Bennington VI
First National Bank of North Bennington Vt.
First National Bank Of Albany n. Y.
md by all National Bank which arc dopositaries .
If public money. All respectable banks and
bankers throughout the country viii furnish
nrther information on application, and afford
very facility to subscribers,
COMMISSIONERS NOTICE.
LEVI S. FLINT7S ESTATE.
THE Subscribers having beenappoutcd hy the
4 Hon. Probate Court for the District OF Or
cans, Commissioners TO receive examine and
diust an claims and demands of all persons
against .Lc estate Of LEVI S. FLINT, late oil