The Hawaiian gazette., 1888-01-03

ment of the Minister of Finance and shall not be issued
at less than at the rate of ninetyeigh per centum of
their nominal par value in gold coin of the United States
of the present standard OF its equivalent
AND WHEREAS there have been issued in representation
of S1000O0O Obeng onehalf of the aforementioned
amount of S2OOOOOOy Bonds for 100000 sterling of
the following amounts and numbers, namely:
Nos l to 395 395 Bonds of 6 90 each 6 1900
Nos 1876 to 1881 1436 Bonds of e100 each e149600
Nos 1892 to 1928 81 Bonds of $500 each 6 49500
100000
BE IT Known that the bearer hereof is entitled to the
of -. pounds sterling, part OF the said Loan of
S200OO00 and that this is a Special Bond for that
amount with interest thereon, at the above-men-
toned rate of per cent. per pursuant to the
conditions following:
1.-The said Bonds shall be exempt from any taxes
whatsoever of the Government of Hawaii, and interest
the said Loan much thereof as shall from time
to time remain unredeemed shall be payable half
yearly at the rate of six per cent per annum the
first day of January and the first day OF July in every
year. in London at the Counting House of Messrs Ma
theson Co.. the first halfyeary payment to be made
on the first day OF July 1887.
2-The payment Of such interest shall be charge
upon the consolidated revenue of the Kingdom of Ha
ten nor more than thirty years after the date of their
issue, either by of sinking fund to be estab-
shed after the tenth year of the issue Of the Bonds
otherwise
3-The principal and interest of the said Bonds shall
be paid in sterling at the Counting House of Messrs
Matheson & Co.. aforesaid
1.-The Bonds to be redeemed shall be determined by
drawings in the month of November in each year. in
30 +O +o1yo b,1 1O+
Counting House in London, of Messrs lTatheson Co.,
in the presence of representative of that firm and of
the agent for the time being of the Government of Ha
wall and of Notary Public.
5-The numbers of the Bonds shall forthwith, after
after such drawing be advertised in two newspapers
published in London. The principal Of the Bonds
drawn with the interest thereon down to the day APP
pointed for redemption shall be payable in London at
the Counting House of Messrs. Matheson Co.
6-An Bonds drawn shall cease to bear interest on
The first day of January next after the drawing thereof
'he Bonds paid off with all the unpaid interest Coupons
shall after such payment be cancelled in the presence
of representative of Messls. Matheson Co., and of
the said agent of the Hawaiian Government or his
representatives, and of a Notary Public
THE payment of the principal money and interest
the said Loan shall be made well in time Of War
of Peace and whether the holders of the Bonds be
the subjects of a friendly of hostile State.
SThe Bonds snail upon the death of any of the
holders thereof pass and belong his legal representa-
tive according to the law of of the country
of which such holder is subject
9The said Bonds and principal money OF interest
sinking fund thereby secured, shall not be liable to
seizure sequestation any deduction whatsoever
account of taxes mposts whether ordinary or ex
tIaordinary
AND the said Honorable Paul P Kanoa do hereby
bind the said Government of the Hawaiian Islands to
perform faithfully and truly all the foregoing engage
ments and conditions
IN WITNESS WHEREOF, |, the said Honor
able PAUL P. KANoA, Minister of Fl
nance, have to this Bond (also signed
by the Registrar of Public Accounts,