The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1867-03-02
IN q TIL Q T.
To Holders OF Stocks, Bonds and
Coupons OF the State.

ESl the provisions of the Acts of Scptem-
1D Der ana December, 1866, providing for
the funding OF the interest and principal of
certain Stocks ana Bonds Of the State past
due, tive holders of Stocks, Bonds or Cou
pOns can receive either Bonds with Con-
pons attached, or Registered Stock. as
may be preferred by them.
NO Bond will bc issued for 4 less amount
than Slo0, nor for fractional parts thereof:
and no Certificate of Stock will ..e issued
Tor 4 less amount than $50, nor for frac-
tlonal parts thereof; but ''holdcrs OF Stock.
cncc, If there be any, between the amount
presented and the Bonds or Stock
The following is the Indebtedness of the
State recitcd iii the above mentioned Acts
to be funded, viz
PRINCIPAL
OF Bonds issued under Act of December
1859, ''to grant aid to the Blue Ridge Rail
road, past due since 1st January, 1865;
and Of Stock issued under Act of June
1883, 'for rebuilding the city of Charles.
ton, past due since 1866
INTEREST
On Bond under Act OF December. 1859.
mentioned Il above: on Bonds under Act Of
December. 1871, ''to authorize aid to the
Blue Ridge Kailroad;" on Bonds issued by
virtue OF Act OF December, 1853, for the
construction Of the new state House. and
the Bonds issued under Act of December.
1898, Ito provide funds for the erection of
the new State Capitol:' on Stock issued for
the CONSTRUCTION OF the new State House,
by authority II Acts of 1876. 81. '5S. 80.
,6l and 6;}; on Stock issued by Act of June,
lo3o, for rebuilding the city of Charles
ton. excepting that portion of said Stock
already referred to as past due since 1860,
and on 1t no interest Is to be calculated:) J
ana on the three (3j per cent. Stock ios ued
by the State.
1t,tn +>l Nj 4
as due up TO the 1st Jnly, 1867. 1T which
time the new Bonds and stock b. gin to
Dear interest, pay able semi-anluailv there
after. The interest on the new Certificates
OF Stock for the principal of Stock of Act
1893, already mentioned as past due since
looC, VIII bear interest from the list Janua-
~, 1867.
The small amount of the Stock of 1898,
past due since 1860, being specially pro-
vlded for by thes, Acts, the holders there
OF Will receive new Certificates of Stock in
the amounts called for by the ones they
now hold, upon their presentation.
PERSONS desiring to transfer interest due
them, by order, must state on the face of
the order the definite amount thus sought
to be transferred, atiixing thereto, in all
cases, the requisite United States revenue
stamps. Orders defective in these parti-
culars, Or drawn for the transfer OF tritiinc
amounts of interest will not be recognized
Dy tNc ONCE.
The attention of Stockholders is special
ly called to the following resolution,
passed at The last session OF the General
Assembly:
''Resotced, That the State Treasurer be
authorized to fund the interest on the
Stock OF the State past due, as provided
for i'll the Act of September, 1866, and the
Act passed at the present session of the
General Assembly, in the name of the
parties or persons holding the principal or
entitled to the interest on the said Stocks
on the first day Of January, 1857
1t will be observed that this resolution
y y no way effects the sale and transfer of
stock, but simply means that, as the inte-
los. Is already calculated on all the tnnda-
BILE STOCK to the lst July, 1867, preparatory
to funding, parties dealing therein prior to
that date must arrange between them
selves the interest to which the amount
sold and to be transferred, woulG in the
absence OF such circumstances, be entitled
on the Isl July, 1867; and in accordance
with the Acts providing for the funding, to
avoid the duplication of interest, all Certi-
tcates issued on transfers made prior to
the 1st July, 1867, must begin to bear i'll
terest on that date.
Persons holding Stocks, Bonds or Cou-
pons included in above statement, are re-
quested to present their claims
VIM. HOOD,
Treasurer State OF South Carolina.
FEB Z4 ms2