Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-06-10
w.BAEER e co. Dorchester. Mas
UTAH BONDS FOR SALE.
Three Hundred ThouSand $780,
oeo, Dollars of Fire t5l Per Cent.
Utah Territory Bonds for Sale.

TUE UNDERSIGNED, IN PURsU-
4 ance OF the direction OF the Loan Com
missioners OF the Territory OF Utah, hereby
alyestiscs that bids Will be received at his
ONCE N the city OF salt Lake, said Tern
tnty, between y O'Clock noon Of June 30,
- snl y o'clock noon Of July ~.
$50, Tor thc purchase OF the bonds
hereinafter described, namely: Three
injured bOnds, each of the denomination
OF - iuu. OF the engraved ncEstiable cou-
ron honds OF said Territory, bearing Eve
Ter cenium int est per annum. PAYABLE
semi annually. on the nrst DAYS OF January
and July OF each year at the DeEeret
National Bank IN said city, or at such hank
m the city Of New YORK. in the State OF
New York rs may be designated By said
lola COMMISSIONERS. az the option Of the
purchasers % saiu bonds
lhe principal OF said bonds shall be nav
sole IN the lawful money OF the United
Staie7, within tSenty years after the date
OF their Issue, but rcdccmable At the pleas
Ere Of the IcTritlry after ten years from
dite. IL = provided in the law, that at the
expiration Of ten years after the Issuing Of
said bonds there shall be set apart and aEpro-
hgiated out OF the general funds in the hands
% The Territorial Treasurer Of said Tern
tory annually the sum OF $4,000, TO be
paced by the said treasurer in 4 fund 20 be
known ~ tho redemption fund" for the
redemption 81 said bonds- And II Is also
further provided that whenever, after the
expiration OF ten years from tie date Of
tie issuanCc Of saId bonds, there Il avail.
aliic % said redemption fund the sum Of
$500 o. more. II shall he the duty OF SAID
treasurer 70 adyeTtiEe the amount q money
m the said redemption fund AMI the NUM-.
Ter OF bonds. numbering them in the
ofder q their issue. commencing Al
TIC highest number then Outstanding.
Which such fund - set apart 10 pay
AZ die -harge. and The date when thew
VIII be Patd. and Il such bonds 50 numbered
m such advertisement shall not be IRE
senied Tor payment and cancellation al the
expiration Of abe date mentioned in such
advertisement, then sucA fund shall remain
IN the treasury OF the Territory to discharge
such bond whenever presented for PAY
meni, but such bond she'll draw no interest
after the expiration OF the date mentioned
IN such publication
In no case will said bonds be sold for les
than their face OF par value and the accrued
interest a. the time OF their disposal
Inc LADS Will BE opened and sales made to
the hishess bidders az twelve o'clock noon,
JAY Asf. $50, az my ONCE in salt Lake
Cay. Utah. but before making any award.
security VIII he required Of the successful
ladder for compliance with the terms Of his
3D. and said loan commissioners reserve
the right to reject any and all lids
The bonds offered are TO be issued for
nc building OF educational and charitable
Institutions. for which appropriations have
been made By the Governor and Legislative
Assembly % SAID Territory. and b. author.
ny and "A pursuance of an act u ne Cover
nor and Legislative Assembly, entitled IAN
aci providing for the issuing and disposins
81 Territorial Bones" approved March
-, 49, Inc Territory has 4 bond
thousAE1 dollars, and hy an act
OF congress approved June %, ISIS. h
restricted 70 creating any bonded indebted
1hess except for charitable and educa-
honal institutors. and IL limited IN ita
li9N er 10 create indebtedness for auy Dur.
rose exceeding ] per cent. OF its tsxable
= " non a. shown by the La; assessment
o. ne taAable property for territorial and
-, = llIposes- Any inct btedness A.
trupieo to he created IN eaecss thereof Ia
declared void These bonds are exempt
IA The Territory.
BOLIVAR ROBERIs.
Territorial Treasurer.