St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1879-01-03
St. Johnsbury Bonds For Sale

The town of St. JOhnsbury, Vermont has fiji
standing one hundred and eighty Thousand dali
of six per cent. bonds issued to aid in building
Essex County and Montpelier and st. JolD.Ir.
Railroads. upon which the interest has been ~
larly and promptly paid.
By an act of the Legislature at its recent &c..
the town was authorized to Issue new bonds for h.
purpose of refunding OF retiring its outstand
bonds 4 town meeting was duly warned -
holden for the purpose of taking action uDd,,r -
law referred to. AT said meeting it was duIr r
ed to raise money to pay thirty Thousand doli,r
said bonded debt, and also to authorize the ..i
men of the town to issue fifty Thousand Doll
new bonds to bear date March lst 1879 ard I,.
BILE twenty years from date OF after five yasrl
the pleasure of the town, with interest not N
coed five per cent per innum payable sepi...
ally on the LIST days q Sept. and March Al
First National Bank of Boston, or the First
tional Bank of st. JOhnsbury, and to be regi.t.-
or have interest coupons annexed, as the select
may deem advisable. And also to issue one -
dred Thousand dollars of new bonds at a rate ,
terest not to exceed four and One-half Der Cent
annum, payable in forty years from date or AZ
ten years, at the pleasure of the town. in all ..
respects to be like the above authorized f.
twenty bonds.
The undersigned Selectmen of St JobpI-
Will receive subscriptions for fve-twenty bon
at five per cent, and for the ten-fOrty bonds Al
and one-half per cent, and will issue register
coupon bonds, as the subscribers may desire
will open books for subscription at the office OF
treasurer OF said town on the LIST day Of jam
next which will be kept open until the LIST dsr
February for subscriptions for either of said rs
es of bonds. Any person holding the bonds of ri
town may subscribe to exchange for the ueu hand
and will be entitled to take them in Ilrrf.r,1,, ,
subscribers for money. The new bonds will
furnished to subscribers either for exchgnoa ,r b..
money. at the First National Bank of R1staI .
First National Bank of st. JOhusbury. priort,',,
LIST day of March.
The town of St JOhnsbury is one Of the o., .
furnishing towns in New England The ,r
ton of the town is about six thousand I'll
sessment valuation is about two and ope.b n ,s.
lions, or in exact figures after deductiDgf. fin a-
men, s., 452 4s7. The town has no delr ev,,+-
railroad bonds. BY the law of Vermont fb, ~
erty of every inhabitant is holden and NAV Ll.
en- on a debt against the town. BY tb. new ,,,-
ferred TO the selectmen are required Ia asses.
TO pay the interest on these bonds Witb,gt ,t .
the town. and by the act the issue Of the new. hand
is made conclusive to the liability of the t-,.
upon the bonds. There cannot be a sat.y ,,,v.-,
ment than these bonds offer The ubec, vi Il
town IN this refunding is to lower the rate of int
est on so much Of their debt As they do not de-.
now to pay.
Due notice will be given to all bondhOlders
do not subscribe to exchange, to present H.
bonds for payment on the LIST day OF March next
ABEL WILEY. of
LUTHER p. CHENEY. ) It. JOhnsburr
p. ID. BLODGETT. Treas. Office in Bank Es
st. Johnsbury Vt. Dec. L. ISIS. tl-.