Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-05-13
u. s. eoNDs.
q. s. 1O-4O BONDS.


These Bonds issued under the Act Of Congress Of
March sh 1854 which provides that IN lieu Of much
Of the loan authorized By the Act Of March 3D. 1863
which this Is supplementary the Secretary q The Treas
ury is authorized to borrow frOra time to time on
HUNDRED MILLION DOLLARS daring the current
fiscal year. and prepare and issue therefor Coupon
and Registered Bonds Of the United States and all Bouds
issued under this Act shall Be ExEMPr FROM TAXA
ION BY or under any State municipal authority.
Subscriptions to these Bonds are received In United
States notes notes Of National Ranks. They TO
BE REDEEMED IN COIN. at the pleasure Of the Gov
eminent, at any period not less Ian nor fsaH
forty years from their date and until their redemption
FIVE PER CENT INTEREST WILL BE PAID IN COIN.
Bonds of one hundred dollars annually and
on oil otter Bonds semi annually.
The interest payable the first days Of March and
September in each year The semi annual Coupons are
payable at those dates and the annual Coupons on the
ESQ and sioo Bonds payable the first Of March
Subscribers will 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 owners order. Coupon
Bonds payable bearer and more convenient for
commercial uses.
Registered Bonds will be issued Of the denominations
Fifty Dollars ESQ, One Hundred Dollars (sioO), Five
Hundred Dollars (sSOO) One Thousand Dollars sI Ooo
lars slo Oc and Coupon Bonds of the denominations
Fifty Dollars ESQ.,, One Hundred Dollars $500, Five
Hundred Dollars $500, and One Thousand Dollars
(sl ,OOO.)
Subscribers TO this loan will have the option Of having
their Bonds draw from March ls by paying the
accrued interest in coin or Unired States notes. OF the
mium receive them drawing from the date Of
subscription and deposit
As these Bonds are exempt from municipal or State
taxation their value one to three per
cent per annum according to the rate of tax eves in
various parts OF the country.
At the present of premium gold they pay over
eight cent interest in currency and of equal
venience as permanent or temporary investment.
1t is believed that securities offer great induce
to lenders the various descriptions Of L. S.
Bonds Ia all other forms of Indebtedness the faith or
ability Of private parties stock companies or separate
communities only pledged for payment while for the
debts of the United States the whole property of the
country holden the payment of both principal
and interest in coin.
These Bonds may be subscribed for in sums from $50
up any magnitude. the same terms and are thus
made equally available TO the smallest ender and the
largest capitalist They converted into money at
any 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
eminent Bonds largely in Of the wants Of the
Upon the receipt Of subscriptions certificate Of deposit
therefore, in duplicate issued. the original Of
which will be forwarded by The subscriber to the secre-
ary of the Treasury Washington with stating
the kind registered coupon and the denominations Of
bonds required.
Upon the receipt of the original certificates at the
Treasury Department the bonds subscribed for will be
transmitted to the subscribers respectively.
Subscriptions will be received by the Treasurer Oft4e
United states. at Washington. and the assistant Treas
Urers at New York, Boston and Philadelphia and BY the
First National Bank Of Indianapolis md, and by ali
National Banks which depositaries Of public money
All respectable banks and bankers throughout the
try will furnish further information on application and
afford every facility subscribers.
msy2-d2w&w2t