Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-05

u. s. 1O-4O BONDS.

These Bonds sreI'sued under the Ac, OF Congress Of
March ssb 1864 which provides in lieu Of 30 much
Of the loan authorized BY The Of March ID 1853 TO
which this suppl n-ntary the Secretary Il the Treas
ury Is authorized to borrow from time to time on
the credit OF the United States. not exceeding TWO
HUNDRED MILLION DOLLARS daring the current
fiscal year. and prepare and therefor Coupon
and r. stored Bonds Of the United States and a. Bond.
issued under this Act shall be EXEMPT FROM TAXA.
TON BY or under any State or municipal authority.
Subscriptions these Bonds a-e received in United
States notes or notes Of National Banks They are TO
BE REDEEMED II coIS. a, the pleasur. Of ,b. Gov
eminent at any period not less an Zen nor more tsaa
forty years from their date and until their redemption
FIVE PER CENT INTEREST WILL BE PAID IN coin.
on Bonds Of one hundred dollars annually and
on oil other Bends sem.snuually
The interest payable the srs; days Of March and
September in each year. The i.annus Coupons are
payable those dates and the annual Coupons on the
ESQ and slOo BoDds are payable the arst Of March
Subscribers VII receive either Registered or Coupon
Bonds they may prefer. Registered Bonds are re-
corded the books Of the United States Treasurer and
be transferred only the order. Coupon
Bonds payable to bearer and are more convenient for
commercial uses.
Regtered Bonds Ill be issued Of the denominations Of
Fifty Dollars tss. One Hundred Dollars (siOO) Five
Hundred Dollars s50J One Thousand Dollars lfI OOO)
Five Thousand Dollars SOOO and Ten IhOisand Dol
lars OCo and Coupon Bonds Of the denomna y, of
Fifty Dollars 1850, One Hundred Dollars (-IOo) Five
Hundred Dollars $500, and One thousand Dollars
- ,OOO)
Subscribers to this loan will have the option Of having
their Bonds draw interest fr Mirch lt by paying the
accrued interest in coin Tor Unred note or the
notes OF National Banks. adding ty cent for pre-
mium receive them drawing from the dae Of
subscription and deposit
As these Bonds exempt from municipal or State
taxation their value Is increased from one to three per
various parts Of the county.
At the present Of premium gold they pay over
eight per currency are Of equal con
venience as permanent temporary investment.
1t is believed that securities offer 20 great induce
nents to lenders the various descriptions Of L. s.
Bonds Ia all other forms Of Indebtedness the faith or
ability Of private parties or stock companies or separate
only is pledged for payment while for the
debts Of the United States the whole property Of the
country holden the payment Of both principal
,nd interest IN coin.
These Bonds may be subscribed for In sums from $50
up any magnitude. the same terms and are thus
made equ'Iy available the smallest ender and the
largest capita They can be converted into money at
my and the holder will have the benefit Of the
interest.
The fact that all duties imports payable In specie
furnishes fund for like payment Of interest
treasury for this purpose.
Upon the receipt Of subscriptions certificate Of deposit
therefore, in duplicate will be issued the original Of
which will be forwarded by he subscriber the Secre
ary OF the Treasury at Washington. with letter stating
the kind Registered on) and the denominations Of
bonds required.
Upon the receipt OF the original certificates At the
Treasury Department the bonds subscribed for viii be
tran mitted to the subscribers respectively.
Subscriptions will be received by the Treasurer ofe
United Washington. and the assistant Treas
re's at New York, Boston and Philadelphia, and BY the
Fist National Bank Of L1di fnapo'is nd. and by all
National Banks which depositares Of public money
All respectable banks and bankers throughout coun-
ny will furni.h further information on application and
afford every facility subscribers.
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