Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-06-09
UTAH BONDS FOR SALE.
Three Hundred Thousand $500
900 Dollar, OF Five 10 Per Cent.
Utah Territory Bonds for Sale.

hpuHAN NsN y Alfs
THE UNDERSIGNED, IN PURsU.
l. Arce Of the direction OF the loan Com
nlssioners OF the Territory OF Utah. hereby
anvertlses that uids Will be received az his
ONCE IN the city OF ealt Lake, said Tern.
tory, between y O'Clock noon OF June %.
~, and !. o'clock noon Of Jgly %
$50, Tor he purchase OF the bonds
hereinatteT described. namely: Three
hundred bOnds, each OF the denomination
OF ~ co.. Of the engraved negotiable cou-
pom bonds Of said Territory, bearing I've
rer eentum int eat per annum. payable
semi annually, on the hrst days Of January
anu July OF each year. at the D-seret
National Bank 10 said city, or Al such banE
N the city Of New York IN The state Of
New York a. may be dssigrated BY said
Loan Commissioners. ~ the option Of the
purchasers OF SAN BOMBS.
The principal OF said bonds sball be nav.
able In the lawful money % the United
states, within ~ cnty years after the date
OF theirissue, but redeemablc at the pleas.
ure q The reTrlt ~ after ten years from
date IL is provided tn the law thsf Al the
ehrira;ion Of ten years after the Hsutrs 81
sai1 bond ,thcre shall be set apart and aI.prp-
priated out OF the general funds in the hands
81 ne TERRITORIAL Treasurer OF said Tern
tory annually the sum Of $50 GO, 70 be
placed by The said treasurer IN ! fund 70 be
known - the redemption fund for The
redemption Of said bonds. And IL i also
iuItheT provided that whenever. after the
the issuance OF said bonds, there Is avail
able 70 SAID redemption fund the sam Of
Ssp,s- or more. II shall be the duty Of aid
treasurer 70 adveTtlzc the amount o. money
N the said redemption fund and the rurn.
Der OF bonds. numbering them in me
ofuer OF their issue, commencing Al
the highest number then outstandinr.
which such fund = set apart 10 nav
AZ dis-harze. and the date when thew
vii be paid, and " such bonds % nuFabered
n such advertisement shall not be Ere
sented Tor payment and cancellation al he
eNpiranon OF the date mentioned in Fueh
adverilsement, then sucs fund shall remain
IN the treasury OF the Territory 70 discharge
such bond whenever presented for nav
uieni, but such bond sh-Il draw no Interest
aiieT the expiration Of the date mentioned
IN such publication.
In no case Will said bonds be sold for less
tnan theIr face or par value and the accrued
interest az the time OF their DISPOSAL
ne lids viii be opened and rales made 70
the highest bidders AZ twelve O'Clock noon,
July sist. lsco, a. my ONCE IN SAT- Lake
Cay. Utah. but before making any award.
security Will be required OF the successfui
binder Ter compliance with the term Of his
va. and sAid loan commissioners reserve
ine right TO reject any and all bids
TIE bonds offered arc TO be issued for
me Guiding OF educational and Charitable
.nS'itutiops, for which .ppropriations have
Teen made By the Governor and Legislative
. A,.ssmnly Of sand Territory. and By auihor.
VI IN OF the An0Ter-
Dor and legislative Assembly, entitled '.An
as' providing for the issuing and dIspesing
81 Territorial Bonds," Approved Narch
- y; - The Trrriiory has a bond
s, eeht OF one hundred and nftV
t.ousaE1 dollars, and by an act
o. tonsre-s approved June %. ISL. is
IestIietrd 10 creating any bonded indebtei-
s s.-es except for ehariIAbls and eduea-
ueoel .hsutut.ons. and u limited IN ia
I've 70 create Indebtedness for ary pur.
rose cNeecding ! Per cent OF IL tsxfble
: . y, y IN a. shoWn ~ The last assessment
'nti " purpc=es- Any indebtednsss AZ
Zen pteo 10 Be created in a. Gees thereof Il
aeeisrod void These bonds are exempt
- ~. aaW rtom AVIATION for any purpose with
BOLIVAR ROBERTS.
salt Lake City. May p, issl.