Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-06-04
UTAH BONDS FOR SALE.
Three Hundred Thousand $780,
600, Dollars OF Five 10 Per Cent
Utah TerrIIory bonds for Salc.

THE UNDERSIGNED, IN PURSU-
Il ance OF the direction Of the Loan Com
t1is5irners OF the Territory OF Utah, hereby
advcrtfses that bfds will be received % hi-
gflce IN the city OF salt Lake, said Terri
tore, between y O'Clock noon Of June 81,
is,i. and - O'Clock noon OF July -,
$50, for the purchaee q the bonds
hereinafter described. uamely; Three
hundred bonds, each Of The denomination
Of 81 ,1Q1. Of the engraved nesetiable cgu-
pom bonds Of -aid Territory. hearing ave
per centum late. est per annum. pay able
semi-annualiy. on the nr-t days Of January
and July OF each year. ~ the ID serei
National Bank in said city, or Al such lanE
in the city Of New NCTx. In the Stale 81
New York as may be dtsi=I'atcd by ssid
LraP CommissfSners, AZ the opaon OF me
purchasers Of .aii boi-ss-
The principal ut sad bsg1s shill be Pay .
ahic IN the lawful money OF the lritea
States. wIihi= ~ snty years alter the GAZE
Of theirissue, bat Reasonable ~ the pleas
urc Of the TcrrltHry after ten years from
dates u is provided In the Ian, that - the
eNpIrailGc o. ten years after the issuing OF
ssid bonds there shall Sc .ctapsrt ana aFpru-
priated out OF the general funds IN the hands
OF the Territorial Treasurer Of slii IeTri-
tory annually the sum Of 5000, 10 be
biiced by the said treasurer IN fund 20 be
known AZ the redemption fund.-" for the
redemption % said Uond-. And u d also
further provided that whenever, sitter the
the Issuance Of slid EOucs, there D avail
able IN SAID redemption fund the sEu OF
81 Ola or more. u EtaI &c the duty OF SAID
treasurer 10 ldvcrt,ze the amount Of money
Ia the said redemption fund and the num-
Der OF bonds. numbering them in the
oder Of their issue. commencing ~
the highest number then outstanding.
which such fund i set apart 10 pay
AZ q dis .harEe, and the date when they
vii Dc paid, and rsuch bonds - numbered
aHaHH L. -
ssut.-d for payment aud cancellation az The
expiration OF the date mentioned in such
advertisement, then surA fund shall remain
in the treasury Of the territory 10 discharge
such lsond whenever presented for pay
meat. bot such bond sh-li draw no interest
after the expiration Of the date mentioned
IN -uch publication
In no ease VII said bonds be sold Tor less
tnan their face or par value and the accrued
interest a the time Of their disposal.
The lads will be opened and sales made 20
the highest bidders az twelve O'Clock nocn,
July 1;st. isac. at my once In SAT- Lake
Cry. Utah. buI before making any award,
security VIII be required Ct the successful
bidder for compliance with the terms OF N.
lid, aud said loan COEitll-sloner- reserve
the ri-ht 70 reject any and al tids-
Tue bonds offered are 10 he Issued foi
the building OF etucatlonai and charitable
institutions. for which appropriations have
Teen made hy the Governor and Legislative
Assembly Of SAID Territory. and b. Hufhor
Ity and N pursuanc- OF an act OF the Cover
nor and Legislative Assembly, entitled ''An
act providing for the issuing and dispssing
% Territorial Boncs." approved March
=. 100 The Territory has bond
ed debt Of one hundred and any
thousand dollars. and BY an aci
Of congress approved Jnue %. ISL q
restricted 10 creating any bonded indebted
e1uess except for charitable and educA
tOnal institutions, ana u limited IN ~
iaow sr TO create indebtedness for any pur
rose exceeding ! per cent OF iis taxahls
v4iuauon a. shown By the last assessment
Of ITS taxable property for territorial ant
cnLrty puIpeEes- Any Indebtedness AZ
trmpfea 10 he created IN eaccss thereof =
declared void these bonds are exempt
~ law FROM taxation for any purpose vita
~ tie Territory.
BOLIVAR ROBER1s,
Territorial Treasurer.
salt Iatr CITY Nav - lsga.