Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-07-01
UTAH BONDS FoR SALE.
Three Hundred rhouSand ,s100,-
900, Dollars OF Five % Per Cent.
TITAN Territory Bonds for sale.

THE UNDERSIGNED. IN PURSU-
u ance OF the direction - 'he loan Com.
missioners ofthe Territory OF IKE, hereby
Afverilses that bids Will be received AZ ne
Office IN the city OF salt Lake, said Tern
tory, between Il o'clock noon OF June ..
ls.si and u O'Clock nOOn Of July -,
lssu, for the purchase OF the bonds
hereinafter described. namely; Three
hundred bOnds, each Of the denomination
OF 81 coo. of The engraved neEstiabie cou.
pom bonds OF said Territory. bearinE i've
per centum Inte est per annum, payable
semi annually, on the first days u January
and July Of each year. Al the u, screi
National Bank IN said city, or a. such bank
New York. a. may he desigr aied b. SAID
LOsn CommissIoIers. at the option OF the
purchasers OF said bonds.
The principal Of SAID S0nds shall bc pay
able IN the lawful money OF the United
States, within tpenty years after the date
Of theirissue. bat redeemable at the plca-s-
ure Of the Terribly after ten years from
date u IL provided In the law, that at the
expiration Ct ten years amer the issuiuE OF
sand 0ond-- there snail he -etapart ana aFprp-
uris,sd out Of the gcseral funds IN the hands
OF the Territorial frea -nrer Of satd Tern
tory annually the sum q fyo,G9o. To he
placed By the said treasurer II fuud 10 Be
known as the redemption fund" for the
redemption Of said bonds And Il Il also
further provided that Whenever, after The
expiration OF ten years from Tire date II
the issuance OF said BOMBS. there D. avail
able in saId redemption fund the ssm Of
s1o,p- or more. Il shall &c the cuiy Ot said
treasurer 10 advert re the amount - money
IN the said redemption fund and the mum
Ter % bands. numbering them in the
order OF their i-zue. commencing AZ
the highest number then outstanding.
which such fund i set apart 20 pay
or dis-harge, and the date when they
will be paid. and u such bonds 20 numbered
N such advertisements shall not be Ere
sented for payment and cancellation Al tho
expiration OF the date mentioned in such
advertisement, then sucs fund shall remain
IN the treasury OF the erritory 10 discharge
such hond Whenever presented for pay
ment. but such bond sh~il draw no interest
after the expiration OF the date mentioned
IN such pubiieaiiOn-
In no case vail aid bonds be sold for less
tnan their face or par value and the accrued
interest A. the umc OF Their disposal
The bics Will be opened and sales made 70
tie highest bidders al twelve O'Clock noon.
July Nlst. l-9l, At my once IN salt Lake
CRY. Utah. but before making any award.
security Will Re required Of the successful
hicder for compliance with the terms % HI,
ltd. and said loan commissioners reserve
the right tn reject any and all bids
me bonds oiered are 20 be issued for
the bui.ding OF educational and charitable
institutions. for winch appropriations have
been made by the Goycrnoz and Legislative
Assembly % said Territory. and hy author-
tLl anu IN pursuance OF an uNA OF Nut NHuker-
nor and Legislative Assembly, entitled AN
act providing for tae issuing and di-pcsinE
OF Territorial Bonrs," approved NarcH
y. 100 The Territory has 4 bond
cd cebt Of one hundred and nifty
thousand dollars, and by an act
OF congress approved June 30. ISL u
restricted 10 creating any bonded indebted
e5ness except for chariisbis and educa-
uonal Institutions. and - limited N RS
power TO create indt btedne-s for any pur-
pose eNcesdtn ! per rent % IT, Tax DE
valuation 20 shown by the last assessment
OF ~ taxable property for territorial and
cs'Ltfy purposes Any Indebtedness AZ
tsmpten TO he created IN eaces- thereof -
declared void these bonds are exempt
- law from taxation for any purpose with
IN tie Teui;cry.
BOLIVAR ROnEg1S.
Territorial Treasurer.
SsiIIAte CITY. May =. 49,.