Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-06-02
UTAH BONDS FOR SALE.
Three Hundred Thousand $500
600 Dollars OF Five % Per Cent.
Utah Territory Bonds for sale.

THE USDERSlGNE IN PURSU-
L ance OF the direction OF the Loan Com
missioners Ofghe Territory OF Utah. hereby
adycrtlses that bids VIII be received At his
Office IN the city o. salt Lake, said Tern
tory, between 4 O'Clock noon Of June -,
Leo, and y O'Clock noon Of July 81,
Isl, for :hc purchase % the bonds
hereinafter described, namely; Three
hundred bond, each q the denomination
Of 81 or. 81 the engraved negotiable cou-
pom bonds Of said Territory. bearing ave
per ccutum nte. est per annum. payable
semi annually. on the Int days Of January
and July Of each year. n the d seret
National Bank in said city, or Al such bark
New York a. may be dssigrated by said
Loan CommIssioueTs. al the option Of the
purchasers uf said bonds
The principal Of SAID bonds shall be pay
able In the lattu! money OF the United
STATES, within tNeu;y years alter the cate
Of thelri-suv. bEt rJdectlable NJ the pleas.
ire Of the Icrrit y after ten years from
d4te. II D. provided In the law, that At The
e. piraituu % ten , ears after the tssliEg OF
sald bout- there shall bc set apart ard ai'Iro-
priated out OF the general funds IN the hands
Of the Territorial Treasurer Of said Tern
tory annually the sum Of $1,000. TO be
placed by he said treasurer in a fund 10 be
known rs th- redemption fund" for the
redemption oi said louds- And II = also
further provided that whenever. after the
expiration Of ten years from TIE date Of
me ISSUANCE Of said bonds, there Is avail
able IN said redemption fund the s1m OF
50 Ots or more. u shall ue the duty OF said
treazurcr % ADVERT &c the amount q money
in the said redemption fund and the mum
Ter u bonds. numbering them IN the
osvicr uf their issue. commencing al
tuc highest numbcr then outstanding,
which rucn fund i set apart 10 pay
ard dis -hargC, and the date when they
viii b- paid. AMI f-urh bonds 80 numbered
"a such advertisements shall not be Pre-
zrutrfi Tor payment ami cancellation NJ the
expiration - The date mentioned IN such
advertisement, then suus iuul -hall remain
Ia The treasury OF the errIturg To- uisCutTs,i,
Eueh Is1uG whenever yrCrs ftrd 10. pay
msnt but such houd "a % draw no interest
after the expiration Of the uatc mentioned
iu such publication
than their face or par yaluy aud the accrued
interest a the time u their disposal
The LIDS WILL be- opened and -ales made 10
gHs highest bidders a. twelve 0'riurt noon,
July si-t. l-ss. lt my once iu rsit La
cay. tai. hat before mat'ns any Auati.
osuuty Wlii he required u IN sut ca-siul
bidder Tor compliance wiih the terms % ms
fs.l and said loan cug1ulfas fnurr- reserve
The right % reject any and all ttds-
Tue bonds offered are Co be issued for
tic buiidtnE OF educational and charitable
Ius ttfulious. for whlch appropriations have
been made by the GovcruuT and Legislative
Assembly OF SAID Territory. aud b. autlor-
ify and IN pursuance Of an act OF the Goyer'
nor and legislative Assembly. emitted IAN
act providing for tae issuing and disPcsing
81 rcrr.torili Bones." approved March
J.. lso The TrrrIiory has bond
c,I debt o. onc hundred and nfty
O. uussEd dollars, and by an act
af ongrcss approved June %, lssi. 4
restricted 70 creating any bonded indebted
fucfs except for charitable and eduea
tIouaI lustitutions. and = limited IN n
I.5u er 20 create fEdt biecness for any pur
i-0se eNcet ding I per cent Of iis iaNabis
vaiuutiou a. shown - the last sssessmen
Of ~ ta1abie properly for territorial ant
frrapfeu 10 lie created IN excess thereof Il
ccriaref void 1hc-e bonds are exempt
- law NON taNailon for any purpose with
u tie Ten ltnrv.
BOLIVAR ROBEE1S.
Territorial Treasurer.
salt Lake City. May =. les.