Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1898-06-22

| United States minister or consul. In
cases where there is no officer within a
reasonable distance, or when, through
sickness or for some other good reason,
the owner of registered bonds cannot
20 before one of these officers, the
treasury department will designate
some person near the owner to act as
witness.
When the owner of registered bond
disposes of it and has properly assign
ed it, he delivers it to the new owner,
who should at once forward it to the
register of the treasury for transfer on
the book of the department. The
register cancels the bond so forwarded
and issues a new bond in the name of
the new owner, and sends it to him by
registered mail. The department
makes no charge for transferring bonds.
If the owner of registered bond
loses it, or if it is stolen from him, he
should at once notify the secretary of
the treasury. A stoppage will be en-.
tered against the bond, and if it should
be presented for transfer, the depart
ment will hold possession of the bond
until the ownership is clearly estab-
lished. If lost or stolen bond is not
recovered within six months, the de-
partment will issue a duplicate bond
upon proof of loss and bond of
indemnity being furnished.
int al hnndc
paid by the government by 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 accord
ing to the Importance of the loan.
The books of the four per cent. loan
of 1907 are closed for the whole month
preceding the payment of quarters
interest. On other loans the books
are closed for Is days preceding the
interest payment. During this period
no transfers are mace, and the time
is devoted to preparing "schedules"
which contain the names of the own
ers, 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 ad-
dress of its owner. The checks for
the more distant points are first mail
ed. Interest checks are obligations of
the United States, and, of course, are
good everywhere.
Coupon bonds are issued in denom-
nations of $40, 500, $500, and 81 ,00O
Registered bonds are issued in denom-
nations of $40, s100, $500, $1,000,
5000, $4,000.
HOW TO SUBSCRIBE FOR 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'meth-
cd of subscription has been made as
simple as possible. Blank forms may
be obtained at every ey-order post
office, and at most Of the banks and
express Offices, and on these forms is
clearly indicated all that it is necessa-
ry 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 re-
mittance may be in whatever form best
suits the subscribers convenience-in
currency, bank draft, check, postoffice
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 subscrip ption will be entered and
will Immediately begin drawing inter-
est. When the bonds are delivered, a
check will accompany each delivery
covering the interest at 8 per cent.
from the day the subscription is enter
ed to the lst of August, the date of the
bonds, and from which date the bonds
will carry their own interest.