Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-06-17
Three Hundred Thousand $500
600! Dollars OF Five 90 Per Cent.
Utah Territory Bonds for Sale.

Fi'HE UNDERSIGNED. IN PURSU-
L aace q the direction OF the Loan Com
mi-s.oneTs Of the Territory OF Utah, hereby
adFcri1zes that hlfis Will be received a he
nEicc m the city % salt Lake, said Tern
tory, between y O'Clock noon Of June 81
- aud u o'clock noon Of July -,
~ Tor me purchase Of the bonds
hereinafter described. namely: Three
Eug4rei bonds, each Of the denomination
ri - ,.t'. q ghe engraved negotiable con
20 unnIs al said Territory, bearing I'VE
Yer ceailm tate est per annum. payable
stni- guuulliy. on the hrst days OF January
ara JulE 81 each year. II the nrscret
National Eank IN laid city, or At such bank
~ TIC 'ity Of New YORK. IN the state OF
NoN lvrs IS may De deEigrafed by said
loan Commissioners. AZ the option Of the
purchases % Eal1 bones
TIE principal OF SAID bonds shall be pay
4n'u in the lawful money % the United
>l.it-, within tNenty years after the date
OF ihsis i-suc, but redecmable II the pleas
ire Of TIE IcEEst y after ten years from
date 70 s provided IN the law, that Al the
expiration q ten years after the issuing OF
SAM bond there shall be tapaTI anu arpru-
UTiaied out 90 Tie general funds IN the hands
81 Tire Territorial Treasurer Of said Terri
toy annually the sum Of $3.50 10 be
paced uy ihc said treasurer Ia a iund TO he
kuuwn as The redemption fund for the
redemption ~ said bonds. and u l. also
further provided thai Whenever, after the
expiration 81 ten years from the date Of
the Issuance OF Eaid bonds. there y avail
HHic o. satd redemption fund the sum OF
faI.N" or more, 10 ssa.l &c the duty OF said
treasurer O. advert Ee the amount q money
% The sIid redemption fund and the NUN
ter OF bonds. Numbering them in the
ofIcr % ihcIT issue. commencing AZ
inc highest number then outstanding,
which suCh fund n set apart to pay
Al dis-harge, and the date when they
VII De- pai1, and u such bonds 20 numbered
tu such Advertisement shlll no; be IRE
seated Tor payment au1 Cancellation al the
expiration OF ghe date mentioned IN such
Auycrtisement, then -ucs fund shall remain
GA the treasury % the ] CrrIfOry TO disrharEe
such boud whenever presented foo nav
m.nt but such bond N n draw no interesg
1i'er the expiration OF the date mentioned
iu >rch publication.
In 10 c-iss VIII said bonds be sold for Iess
ihan ihclr face or par value and the accrued
interest a. the tune OF their disposal.
lhc bids VII be opened AID sales made TO
tue highest bidders AZ twelve O'Clock noon.
Juiy set, l-.9, at my ofics In SAT- Lake
security VIII he required Of the slcoessfui
0-i Ter Tor compliance with the terms OF his
l!G, fu1 saic loan Co5amissioaers reserve
lhs rizli q reject any and an bids.
III epucs offered arc TO be Issued for
ne uuifdinE OF educational and chsritabie
L~tiuiiors =. Tor which appropriations have
zen 4n tic b. the Governor and Legislative
Nsscmuiy Of sald Territory. and ~ author.
ny anu m pursuancs Of an act OF tie tsover.
rnr and I.esisiatiye Assembly, entitled AN
act providing Tor tSe issuing and dispcsips
- Territorial Bones" approved Nareh
p, 80 The T-rTiiory has a bond
81 debt OF ore hundred and dftv
lhousaE1 dollars. and BY an act
% tonEress approved June g., lSsS. u
restricted 10 creating any bonded indebted
c3nets except for charItabls and educa-
ionsi iEstiiuiions. and y limited m NJ.
l9ser 10 create indebtedness for any pur-
rose eNcet ding I per cent. OF lie taxable
Niuttiou % shown by the last Assessmeut
% ~ taxable properly for territorial and
r"I' y purposes Any Indebtedness az
irmpteo 10 be created in excess thereof a
declared void These bonds are exessnt
~ lssT from taxation for any purp ose with
IL the IerIitorv.
BOLIVAR RoBEE7s.
Territorial Treasurer.
saii LAKE City, May -, lSsJ.