Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-06-12
UTAH BONDS FOR SALE.
Three Hundred Thousand $780,
goo Dollars of Five ~ Per Cent.
Utah Territory Bonds for Sale.

| INHE UNDERSIGNED. IN PUR>U-
L anee OF the direction OF the Loan t'om.
missioners OF the Territory OF Utah, hereby
alNerilses that lids viii be received At his
tory, between u O'Clock noon Of June 3 B.
lstl aad l. O'Clock noon OF july D.
lssi, Tor -he purchase OF the bones
hereinafter described. namely Three
hundred bond. each Of the denomination
OF u, 81. OF the engraved negotiable cou-
pom bonds Of said Te rItOry, bearing i've
per centum int est per annum payable
semi-2nnualiy. GU the nrst days Of January
anu July OF each year. at the D-seret
National Bank In said city, or az such hank
Ia the city OF New York. Ia The safe ~
New York as may lie designated BY said
Loan Commissioners. at the option Of the
purchasers Of Eaid bonds
The principal OF sand bonds shall be pay
able IN the lawful money Of the United
states, within taeniy years after the dale
OF theiri bat rcdeemahie at the Meas
ure OF the Icrrit.ry after ten years from
daie. X Is provided In the las. that at the
expiration Of ten years after the issuing OF
said bond- there shall be set apart ana aI.prD-
nriAted out Of the general funds In the hands
OF the Territorial Treasurer Of satl Tern
tory annually the sum OF 5000, % he
placed by the said treasurer in a fuhd TO be
known ~ the redemption fund" for the
redemption OF said bonds. And IL l. also
further provided that whenever, after the
expiration OF ten years from TIRE date q
The issuance Of said bonds. there D avail
a1le IN sand redemption fund the ann u
sso.eu- or more. It shail he the duty OF said
treasurer 10 adycTtiEe the amount q money
Ia the said redemption fund and the mum
Ter OF bonds. numbering them in the
Order OF their issue commencing Al
the highest number then outstandinr-
which such fund l. set apart TO nav
~ dis -harge. and the date when they
vii lie paid, and " such bonds 90 numbered
IN such advertisement shall not be rre-
H.
expiration OF The date mentioned in such
advertisement. then such fund shall remain
IN the treasury OF the erritory 10 discharge
such bond whenever presented fog pay
ment. but surh bond n II draw no interest
after the eNi'.ration OF the date mentioned
IN such publication.
In no ease viii said bonds be sold Tor Iess
inan their lace ur par value and the accrued
interest AZ The time OF their disposal.
The lads will De- opened auf sales made 10
ihe highest bidders al twelve O'Clock noon.
July Slst, is31, az my Office in Salt I,ake
Cay. Utah, but before making any awar,i-
security will he required OF the successful
ladder Tor compliance with the terIns OF Ms
bud. and said loan commissioners reserve
The riEhi 10 reject any and ali b!d=
Tue honds onere'i are 10 be issued for
INC D1liding OF educational and charitable
instituiiO,.s. for which appropriations have
been made by the Governd- and Ierislsfivs
Assembly ~ sad tCrriinfy. and ~ author-
ny and ~ pursuance ii an act OF the Cover
hgr anu Legislative Assembly, entitled AN
Ast r9Nidi"E Tor lie issuing and dispcsing
y, lsso The T, rrIiory has a bond
81 aeht OF one hundred and iftv
lhouslhi dollars. and by an act
o. congress approved June 50. Isl Il
ISstIleted 70 creating any bonded indebted /
esness except for rhaT1tab.s and eSnrs- |
toh4i Institutions. ana = limited IN IL /
lover 70 ceate indebtedness for any pur-
l'Ose efcetding ! per cent Of il tsxsble /
= u Lon ~ shown by the last assessment 1
~ Us taxable properly for territorial and 4
c"LI " purposes Any Indebtedness az
y ptea 10 be created IN eAcess thereof IL /
declared Void these bonds are exempt
~ law from taNailan for any purpose with i
IN the 1e1itort.
BOLIVAR ROEEE1s,
49,. 1-riifortsf Ireasurer
salt Lake Civ. Nay p. iss,.. \