The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-11-03
EXECUTIVE DEPARTMENT

NHEREAS 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 sl1ty-siX, entitled "An Act for the
fundlnS OF the interest .and principal of
certain stocks and bonds of the State past
due, provided that immediate provision
6e 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 fifty-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
OF our Lord one thousand eight hundred
ana htty-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
91tttycthree, 1t for the building of the new
state House; likewise, the interest on one
million seven hundred and seventy-fiye
thousand dollars of six per cent. stock.
issued for the purpose of building the new
state House, under several Acts Of the Le-
glslature, passed in the years of our Lord
one thousand eight hundred and fifty-six
hfty-seven, fifty eight, fifty nine, sixty-one
and sixty-three-thc 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, in 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-
bla-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 one thousand eight hun
dred and nlnety-seven, with half yearly
coupons Tor an interest Of six per cent. per
annum, beginning to run from the first day
or july, IN the year of our Lord eone thou
sand eight hundred and sixty-seven:
NOW, know We, that in obedience to the
requirements Of the said Act, I, 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 hfty-nine, now past due, and
upon all persons holding coupons past DUE
OF 10 whom interest is due on the indebt-
edness above reclted, to come forwar r,l and
receive, at the Treasury of the Stace, in
lieu of the existing evidences Of indebted
ness in their hands, the bonds hereinabove
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
hty-seven-bearing interest, payable
half yearly, at the Treasury, at the rate Of
six per cent. per annunl, 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 a 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, 1866, and
IL. S. in the ninety-first year OF tho indie
pendence of the United States of
America. JAMES r. ORR
Governor of South Carolina.
WIN. r. HUNT, Secretary Of state.
Nov 3