Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1864-05-02
u. s. 1910 BONDS.

These Bonds issued the Act Of Congress Of
March sth 1864 which provides that in lieu Of so much
of the loan authorized by March 3d. 1862 to
which this is supplementary, the Secretary Of the Treas
ury is authorized to borrow from time to time ON
the credit of the United States exceeding TWO
HUNDRED MILLION DOLLARS during the current
fiscal year, and to prepare and therefor Coupon
and registered Bonds Of the United Staes and all Bonds
issued under this Act shall be EXEMPT FROM TAXA
TIoN by or under any State municipal authority.
Subscriptions these Bonds a-e rece we'd in United
States notes notes of National Banks They are TO
BE REDEEMED IN COIN, at the pleasure of the Gov
eminent, at any period less more than
forty years from their date and until their redemption
FIVE PER CENT INTEREST WILL BE PAID IN COIN,
on Bonds of hundred dollars annually and
on all other Bonds semi-annually.
The interest payable the first days of March and
September in each year The semi-annual Coupons
payable at those dates the annual Coupons on the
$50 and sloO Bonds able the first of March.
Subscribers will receive either Registered or Coupon
/
corded the books Of the United States Treasurer and
can be transferred only on the owners order Coupon
Bonds payable bearer convenient for
commercial uses.
Registered Bonds will be issued of the denominations of
Fifty Dollars (s50, One Hundred Dollars $780, Five
Hundred Dollars ts5OO) One Thousand Dollars q OOO)
Five Thousand Dollars $4,000, Ten Tholsand Dol
lars $50 coos and Coupon Bonds of the denomination of
Fifty Dollars $3.50, One Hundred Dollars $500, Five
Hundred Dollars $500, and One Thousand Dollars
IS ,OOO)
Subscribers to this loan will have the option Of having
their Bonds draw interest fm March ls by paying the
accrued interest Tor notes. or the
notes of National Banks. adding ty cent for pre-
mium receive them drawing from the date Of
subscription and deposit.
As these Bonds exempt from municipal State
taxation, their value is increased from per
per annum. according the rate of tax eves in
various parts of the county.
At the present rate of premium gold they pay over
eight cent interest in currency and OF equal
venience permanent or temporary investment.
1t is believed that securities offer great induce
menis to lenders the various descriptions of T. s.
Bonds In all other forms of indebtedness the faith or
ability Of private parties stock companies separate
communities only pledged for payment while for the
debts of the United States the whole property of the
country holden to the payment Of both principal
and interest in coin.
These Bonds may be subscribed for in from $50
up to any magnitude, the terms, and thus
made equally available the smallest ender and the
any moment, and the holder viii have the benefit of the
interest.
The fact that all duties imports payable in specie
furnishes fund for like payment Of interest all Gov
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-
tary Of the Treasury Washington, with letter 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 cfGe
United States at Washington, and the assistant 7eas-
urers New York, Boston and Philadelphia, and by the
First National Bank of Lpdiinapo's md, and by all
National Banks which depositaes Of public money
All respectable banks and bankers throughout the
try will furnish further information application, and
afford every facility to subscribers.
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