Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1898-06-23

Time the SuDSCllptioA 10 hh"NS.
the total sum subscribed for in
amounts Of $500 or less should ex-
coed $200,000,000 the allotments
will be made according TO the pri-
ority of the receipt of the subscrip-
tions.
Allotments on subscriptions for
over $500 will not be made until
after the subscription closes, July
18th, and will then be made inverse
ly according to the size of the SUBJ
scription, the smallest subscription
being first allotted, Their the next in
size next, and so on, preference be-
ing given to individual subscrip-
tons. Persons subscribing for
more than $500 must send in cash
or certified checks to the amount of
2 per cent of the sum subscribed for
such deposit to constitute a partial
payment, and to be forfeited to the
United States In the event of failure
on the subscribers part to make full
payment for his subscription, accord
ing to the terms Of the circular.
Allotments to subscribers for more
than $500 will be made as soon as
possible after the subscription
closes.
In order to avoid a too rapid
absorption of the funds into the
Treasury, with a possible consequent
evil effect on industry and COM
merce, any subscriber for more than
$500 will be permitted to take his
allotment of bonds in instalments Of
20 per cent, taking the first install
ment within ten days after the
notice of the allotment, and the
ba lance at four equal intervals of
forty days each, in four instalments
each of 20 per cent of the bonds
allotted. Delivery of bonds will be
made in instalments as payment for
them is received, and payment must
in all cases be made in full as the
bonds are taken. The 2 per cent
deposit will apply on the inalinstal.
ment. Any subscriber may pay for
the whole amount allotted him with.
in ten days from the date of the
notice of his allotment. Interest
will be adjusted from the time of
the actual payment, whether paid in
one sum or in instalments as permit
ted. Separate subscriptions from
one individual, although made from
time to time, will be aggregated
and considered as one subscription
for this issue of bonds.
The Secretary of the Treasury
will receive in payment for the
bonds post-ofice money orders pay
able at Washington, d. c., and
checks, bank drafts and express
money orders collectable in the
cities of New York, Boston, Phila-
delphia, Baltimore, Washington,
Cincinnati, Chicago, st. Louis, New
Orleans and San Francisco. AL
money orders and bank drafts must
be drawn in favor Of the Treasurer
of the United States. The money
! orders and bank checks SO received
will be forwarded for collection by
the Department., and as soon as re-
turns are obtained the subscriber
will be credited with the amount of
his subscription as Of the date OF
collection. The Secretary will also
receive in payment for the bonds
certificates of deposit issued by the
Assistant Treasures of the United
II ~
States in the aboved-named cities.
These certificates of deposit may be
obtained from any Assistant Treas.
urer in exchange for gold coin, gold
certificates, standard silver dollars,
silver certificates, United States
notes, Treasury notes of 1890, and
national bank notes; and the sub.
scriber will be credited with the
amount of his subscription as of the
date of the certificate of deposit.
The Secretary will also receive cur-
rency sent by registered mail or by
express direct to the Treasury De-
partment.