The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-11-06
Proclamation :
EXECUTIVE DEPARTMENT,

COLUMBIA, November L, 1866.
M HEREAS the General Assembly of
w this State, by an Act passed on the
tWenty-frst day of September, i'll the year
OF our Lord one thousand eight hundred
and siIty-siN, entitled can 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 tho State issued by
virtue Of an Act of the Legislature, passed
III December, in the wear of our Lord one
thousand eight hundred and tifty-nine,
together with tho interest Oh said bonds:
the interest on an issue of bonds to the
amount of one million Of dollars, under an
Act OF the LcSislat ture, passed in the wear
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, i'll the year of our
Lord one thousand eight hundred and
tifty-three, for the building Of the new
state House; likewise, the interest on one
million seven hundred and scvcnty-iive
thousand dollars of six per cent stock,
issued Tor the purpose of building the new
state House, under several Acts Of the Le-
S!slature, passed in the years of our Lord
one thousand eight hundred and tifty-six,
49, SSNSL, HALy -CISlll, -Ulllc, SlHtN-Ollc
and slxty-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, i'll accordance with the
provisions Of said Act, bonds of this State
have been prepared, OF the amounts of one
hundred, i've hundred and one thousand
dollars, payable at the Treasury in Column
bla--one-half on the first day of January,
IN the year OF our Lord one thousand eight
hundred and eighty-scven, and the other
half on the first day of January in the
year OF our Lord one thousand eight hun
dred and nlnety-seven, with half yearly
coupons for an interest of six per cent. per
annum, beginning to run from the first day
OF July, in the year of QUE Lord one thou
sand eight hundred and sixty-seven:
Now, know ye, that in obedience to the
requirements OF the said Act, [, JAMES l..
ORR, Governor and Commander-in-Ch Chief
as aforesaid, do hereby call on all holders
of bonds issued under the Act of eighteen
hundred and lfty-nine, now past due, and
upon all persons holding coupons past due,
or to whom interest is due on the indebt-
edness above recited, to come forward and
receive, at the Treasury Of the State, in
lieu OF the existing evidences of indebted
ness IN their hands, the bonds hereinabovc
descrlbed-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 Ireasu-
ry, receive in the stead CT the bonds afore-
said, certificates Of stock for tho 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-seyen-,b;tear:inns 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-one. 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 scale as the
General Assembly may prescribe.
Given under my hand and the great seal of
the State, at the city of Columbia
the first day of November 1885, 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. Il. HUNT, Secretary of State:
HB- Charleston Courier. and Ne'rs copy
three times and forward bills to Executive
Office. Nov 3 3