The Van Buren press. [volume] (Van Buren, Ark.) 1859-1914, 1898-06-25

r8uuDu maturity. ! he uolaeE Of & coupon
bond al each Intere [ period. detaehes the
coupon due that dag and collects Il HE eou-
T8uz ara payable al any suD-freasarE- and may
BE collected through any bank. aud viii usually
be secepted By any merchant hztihg D4lk
account with whom the holder Of the bond has
dealings The holder Of coupon bond may az
any line have il converted into 4 registered
bond free Of charge.
REGISTERED EosDs.
A registered bond is payable to The order Of
the dWHeE and cat only be transferred Dy
being properly Endorsed anl assigned By the
owner. such assignment Is made By the owner
filing In the blauk form OF the back OF the
bond. and must be witnessed BY some officer
authorized By the regulations OF the treasury
department u witness assignments. The owner
Of the registered bond who wishes to part with
il writes rs name on the back Of the bond III
the presence of the 0liIeeF, then the witnessing
officer writes his name in its proper place and
affixes an impression Of bis Official seal.
The officers who are authorized 70 witness as
siguments are United states Judge, United
states district attorney. CLERK Of United
States court collector Of customs, collector or
assessor Of internal revenue. u ited states
treasurer Or assistant treasurer or the president
or cashier Of national bank, or II Ii foreign
country a United states minister or consul In
ca ses where there Is no Oilcer within a
reasonable distance, or when through sickness
nr for some other good reason, the owner OF
registered bonds can not go before one Of these
officers the Treasury Department VIII deslg-
nate some person LEAR the owner 10 ACT as
witness.
When the owner of a registered bond disposes
Of it and has properly assigned it. he delivers
II 70 the new owner, who should At once for
ward il to the Register of the Treasury for
transfer on the books OF the Department. Inc
Register cancels the bonds so forwarded and
issues a new bond in the name OF tue new
owner and sends il 70 him by registered mail
The Department makes no charge for trans
ferriug bonds.
II the owner Of d registered bond loses it. or If
Il is stolen from him. he should at once notify
the Secretary of the Treasury. 4 stoppage Will
be entered against the bond, and II 1t should
be presented for transfer, the Department will
hold possession Of the bond until the ownership
is clearly es established. If q lost or stolen bond
Is not recovered within six months, the De-
partment will issue duplicate bond upon
proof of loss and q bond of indemnity being
furnished
The interest on registered bonds is paid by
the government BIZ means Of checks. In order
that no mistake may be made in the payment
OF interest the books of the Department are
CLOSED for period, varying according TO the
importance oil the loan. The DOCKS OF the four
per cent loan Of 1901 are closed for the whole
month preceding the payment Of a quarters
interest On other loans the books are closed
for fifteen days preceding the interest pay
me9L During THIS PerdpI ho 1 ARE
schedules which contain the names OF the
owners the amount of bonds each one holds
and the amount Of interest due each one. When
these schedules have been prepared and
proved they are sent to the Treasurer of the
United States, who Immediately has checks and
envelopes addressed, and in due time each
check is mailed to the address OF its owner. The
checks for the more distant points ARE first
mailed. Interest checks are obligations of the
United States, and. of course, are good every
where.
Coupon bonds are issued in denominations of
go. sl00, 500, and 81 600. Registered bonds are
issued in denominations Of So SlOO $500,
1000, 5000. $4,000
HOW TO SUBSCRIBE PoR THE NEW BONDS,
The war loan which is now being offered will
be sold to subscribers at par during the period
of subscription, which ends July IA, 1898. The
method Of subscription has been made as
simple as possible. Blank forms may be OBJ
tanned at every money order postottiee. and at
most of the banks and express Offices and on
these fornes is clearly indicated all that IL is
necessary for the subscriber to fill out. The
subscriber may himself mail to the Treasury
Department at Washington the blank form
filled out together with his remittance covering
the par value of the amount of bonds for which
he wishes to subscribe. That remittance may
be In whatever form best suits.the subscriber s
conyenience-in currency, bank draft, check,
postofiee money order, or express money order
The day the currency is received, or the day the
proceeds are received from the checks, drafts
or money orders. the subscription Will be en-
tered and will Immediately begin drawing
interest. When the bonds are delivered. d
check will accompany each delivery covering
the Interest at } per cent from the day the sub
seription is entered to the LIST of August, the
date of the bonds, and from which date the
bonds will carry their own interest.