North Branch democrat. [volume] (Tunkhannock, Pa.) 1854-1867, 1864-11-09
u. 5. Z 80 Loan.

The Secretary of ho Treasury gives notice that
subscriptions will be received for Coup In Treasury
notes payable three years from ug. 18th. 1864
with sni-anual interest at the rate of seven and
three three-tenths per cent per am I'm m,-principS
ahd!ntreet both 10 be paid in awful money.
Thee notes viii be convertible at the optlsn Of
the hoider at maturity, into six per cent geld bear
ing bonds payable not less than five nor more then
s"ehty years from their date, as the Cover nmena,
may eiect. Ihey will be issued in denomination.
I" SoU, SluU, S5Oo, 81 900 aaq % 000 and all ssh
scrptons must be for fifty dollars or some mulsipi
of fifty dollars.
The notes will be transmitted to tho owners free
of transportation charges after the re,ept Of
the Originu Certificates of Deposit as tbev can ha
prepared.
As the notes draw int crest from August Ia r.,-
sons making deposits subsequent to that date nn.t
pay the interest accrued from date Of note tedae Of
deposit.
Parties depositing twenty y-fve thousand dsnar
and upwards for these notes at any one time will h
allowed commission Of one quarter of one per
which will be paid by the Treasury Department upt
on the receipt of bill for the amount certified 70
by the officer with whom the deposit made No
deductions for commissi ons must be made from the
deposits. .H-.-5.r
SPECIAL ADVANTAGES OF THIS LOAN.
IT IS national SAVINGS BANK, Offering higher
rate ofnterest than any other and The best securing
Any savings bank which pays its depositors in U: b.
Notes. consider that it is lying in the best crcals
ing medium Of the country, and it cannot pay, IN
anything better for its assets either in gov
ernment securities or in netes or bonds payable In
government paper.
1t is equally convenient as temporary er pelma-
nent investment. The notes can always be sold for
within fraction Of their ia and accumulated inte-
rest and are the best security with baHks as collate-
rails for discounts.
CONVERTIBLE INTO ASIx PER CENT $40 GOLD BOND
In addition to the very liberal interest on the
for three years this privilege of conversion is
aow worth about three per cent per annum, for the
! cuTre for 6-2iJ Bonds js less nil
per cent premium, and before the war thu premium
on six percent, L. s. stocks was over twenty per
cent 1t will be seen that the actual profit on this
loan the present market rate is not less than ten
per cent per annum.
It's EXEMPTION From STATE OR Mt SICIrAL TAXATION
! But aside from all the advantages we have emu
tied special Act Of Congress er6mPtS all bsnds
and Treasury notes from local tardtton. On the
average, tn exemption is worth about per cent.
per annum, occOrdirg the rate of taxation in
! rious parts of the country.
1t is believed that no securities offer so great in.
ducements lenders as those issued by the govern
mcnt. In all other forms Of Indebtedness. the faith
or ability Of fpriyate parties or stock companies or
! seperate communities, only, pledged for payment.
while the whole property of the countr is held to
secureth discharge Of all the obligations of the
| United States
While the government offers the most liberal
terms for its loans it ecve dthat the very strong
est appeal will be to the loyalty and patriotism Of
the people.
duplicate ce .tfcaes will be issuel for ." -, ~
1n"sl's; me party dep6siting must endorse upon
the original certificate the denomination of notes
required, and whether they to be issued in blank
| or payable to order When endorsed it must be
left with the officer receiving the deposit to BIZ for
| warded to tn" Treasury Department..
SubTeaiptions will be received by the Treasurer Of
| the United States at ashingtcn, the several A.
sistant Treasurers and designated Dcpositaries aad
! bp the
FIRST AND SECOND NATIONAL BANKS OF
| SCRANTON, FIRST NATIONAL BANK OE
TOWANDA.
aud by all National Banks which are Repositories Of
! public money and
| ALL RESPECTABLE BANKS AND BANKERS
throughout the country viii give further nior1sason
AID
| AFFORD EVERY FACILITY TO SUBSCRIBERS