The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-11-04
EXECUTIVE DEPARTMENT,

WHEREAS the General Assembly of
w this State, by an Act passed on the
twenty-tirst day of September, in the year
OF our Lord one thousand eight hundred
and siStv-six, entitled an Act for the
funding of the interest and principal of
certain stocks and bonds of the State past
due" provided that immediate provision
be made for funding the following debt of
South Carolina, to wit: Three hundred and
ten thousand dollars, now past due, as the
principal Of bonds of the State issued by
virtue of an Act OF the Legislature, passed
! in December, in the year of our Lord one
| thousand eight hundred and tiftv-nine,
| together with the interest on said bonds;
the interest on an issue of bonds to the
amount of one million Of dollars. under an
Act of the LeSisla ture, passed III the year
of our Lord one thousand eight hundred
and tifty-four; and the interest on an issue
of bonds to the amount of five hundred
thousand dollars. issued under an Act
passed in December, in the year OF our
Lord one thousand eight hundred and
tifty-thrcc, for the building of the new
State House; likewise, the interest on ono
million seven hundred and sevcnty-five
thousand dollars of six per cent. stock,
issued for the purpose Of building the now
State House, under several Acts of the Lc-
gislature, passed in the years of our Lord
one thousand eight hundred and tifty-six,
fifty-seven, fifty eight, tifty-ninc, sixty-one
and sixty-three-the said interest to be
calculated as due up to the date of the first
day of July, one thousand eight hundred
and slXty-seven, without charging interest
upon interest OF any portion Of the arrear
of interest;
And whereas, III accordance with the
provisions of said Act, bonds Of this State
have been prepared, of the amounts of one
hundred, five hundred and one thousand
dollars, payable at the Treasury in Colum-
bia-one-half on the first day of January,
in the year Of our Lord one thousand eight
hundred and eighty-seven, and the other
half. on the first day Of January in the
year OF our Lord ono thousand eight hun
dred and nlncty-s even, with half yearly
coupons for an interest of six per cent. per
aanum, beginning to run from the first day
of July, in the year Of our Lord one thou
sand eight hundred and siXty-sevcn:
Now, know ye, that in obedience to the
requirements of the said Act, I, JAMES L..
ORR, Governor and Comihander-in-Ch Chief
as aforesaid, do hereby call on all holders
OF bonds issued under the Act OF eighteen
hundred and fifty-nlne, now past due, and
upon all persons holding coupons past due,
or to whom interest is due on the indebt-
cdness above recited, to come forward and
receive, at the Treasury OF the State, in
heu OF the existing evidences of indebted
ness in their hands, the bonds hercipaDove
described-to the payment of which and
the coupons attached, the funds and faith
of the State are pledged.
Or, should the creditors of the State
hereby called on so prefer, they may, upon
presentation of their claims at the Treasu-
ry, receive in the stead of the bonds afore-
said, certificates of stock for the amount of
the sums due them respectively, redeem
able at the Treasury, in Columbia, on the
first day of January, in the year of our
Lord one thousand eight hundred and
eighty y-seven-bearing interest, payable
half yearly, at the Treasury, at the rate OF
six per cent. per annum, on the first days
of January and July Of each year, until
the debt be redeemed.
Exception will be made as to persons to
whom interest is due upon bonds issued
since the first day Of January, one thou
sand eight hundred and sixty-onc They
are hereby called upon to furnish to the
Treasurer statement of the amounts due
and bonds will be issued to them hereafter
in accordance with such a scale as the
General Assembly may prescribe.
Given under my hand and the great seal oi
the State, at the. city of Columbia,
the first day of November, 1866, and
IL. s. in the ninety-first year Of the inde-
pendence of the United States OF
America. JAMES L. ORR,
Governor of South Carolina
WIN. r. HUNT, Secretary OF State
ED- Charleston Courier and Ne'cS copy
three times and forward bills to Executive
Office. Nov 8 3
ITnoTTOM N1OTTCE