Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-07-02
UTAH BONDS FOR SALE.
Three Hundred Thousand ,S3Os,-
600 Dollars Of Five ~ Per Cent.
Utah Territory Bonds for Sale.

T'HE UNDERSIGNED. IN PUESU.
l L ance Of the direction OF the loan Com
missioners Of the Territory OF Utah. hereby
AlVertses that uids Will be receifed At his
once IN the city Of salt Lake, said Tern
tory, between i O'Clock noon Of June -
~ and u O'Clock noon Of July ~,
~, Tor the purchase OF the bonds
hereinafter described. namely Three
hundred bonds. each q the denomination
I OF " CO., % the engraved negatiabIe c0u-
pon bonds % said Tei rItorv. bearfny Eve
! rer ceaium int est per annum. PAYABLE
semi annually. on the hrst days OF January
ana July % each year. az the D. seref
NAt nal Bank 10 faid city, or n such bank
IN the city OF New YORK, IN the state Of
New York a. may be deEigraied by said
Loan Commissioners. a. the option Of the
purchasers Of card bonds
The principal Of SAID bonds shall lie nay
sole IN the lawful money o. the United
>taIes, within twenty years after the date
OF Their issue. bat redCcmahie az the pleas.
ure OF the TeTrItITy after ten years from
date. IL u provided in the law. that al the
expiration OF ten years after the issuing OF
said bond there shall he set apart and atpro-
uEiated out OF the general funds n the hands
OF the Territorial Treasurer of sair Tern.
tory annually the sum Of ssn,0g0, to be
paced u the said treasurer IN 4 fund 10 be
Snown as the redemption fund" for the
redemption of said bonds. And II = sIso
further provided thai whsneye-, after the
expiration Of ten years from TIE date Of
the issuance Of said bones, there - avail
able IN said redemption fund the sum Of
SSo.0S or more. Il sha.l &c the duty q s,Id
treasurer 70 advert re the Amount q money
n the sid redemption fund and the mum.
Ter Of bonds. numbering them in the
1faer oi their issue, commencing az
The highest number then outstanding
which such fund j. set apart 20 paw
ar dis -h1rre, and the date when theT
vii he paid, and Il such bonds 50 numbered
IN such Adyerilsemeat shall not be PRE-
seuied for payment and cancellation al the
expiration Of he date mentioned in such
advertisements, then sucs fund shall remain
in the treasury OF the 4 erritory 20 DISCHARGE
surh bond whenever presented for pIg-
ment, but such bond sh-ll draw no inieres.
after the expiration OF the dste mentioned
IN saoh pu..iraiion-
Ia no case vail said bonds be sold for less
inan their face or par value and the accrued
interest a. the TINE OF their disposal.
The lids Wlll be opened and sales made 70
The highest bidders al twelve O'Clock moor.
July Jlst, Loo, ~ my ofsce in salt Lake
tity. Utah, Tut before making any award.
scruriiy viii he required Of the successfui
bidder fOT compliance with the ferrns Of MS
I'D. aud said loan commissioners reserve
The right 10 reject any and all bids
The bonds offered are 70 be issued fo-
shc buiia.r,; OF educational and Charitable
.nstitutiors, for which appropriations have
teen made by The Governor and IeEfslafive
Assembly Of said Territory, and hy author.
~ aud IN PURSUANCE OF an act OF the Cover
nor and legislative Assembly, entitled San
act groyidins fo- the issuing and dispesia9
~ IeTr'toyl4l Bon1s, approved Narch
J.. ls1O The T-rEit0ry has a bond
Cd debt % one hundred and nffv
Thousand dollars. and BY an ACT
81 torgress approved June % lsss "a
restricted 70 eTeaunz any bonded indebted.
c1ness except for chafitAbie and educ.-
boDai Institutions. and u limited IN "a
l-Jwer 10 create Indebtedness for any pur-
rose exceeding ! per cent OF us lay BE
vliuaron A. shown By the last assessueut
o. us ts1hoie properly for territorial and
rt'Lf y purpeseE- Any fndebtednesg a.
tempted 10 be created IN eAeess thereof IA
deci.rvd void Thee bonds are exenpt
y Nv from taSaiion for any purpose with
IN the Territory.
BOLIVAR ROBERTS,
Territorial Treasurer
SAT- Lake City, NAY p. issi.