Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-10-14
FACTS THAT EVERYONE SHOULD KNOW
ABOUT THE SECOND LIBERTY BOND ISSUE

viii receive in time the badges o,
honor.
The Boy Scout holding the highest
record for bonds sold Is Fred shelton,
OF Troop I. Mayfield, KY, who soli
%24 Liberty loan bonds. nggregauns
,2i.750. He IL a farmer boy, and OBJ
tained subscriptions for the bonds In
The neighborhood Of his homo.
The patriotism and efficiency OF tho
Boy Scouts will be utilized TO The
greatest extent possible In the second
! Liberty loan campaign. IL In an IN
.piring thing 10 see the boys Of Amts =
lea actuated by great national feel
! Ing rendering great national ser V,s'
They are the citizens OF tomorrow
aud their tomorrow must see the
world safe for democracy In aiding
| the sale of Liberty loan bonds they
are performing their part to that
! rieat end
/ President Wilson has Just Issued n
letter commencing the work OF the
! Boy Scouts In tho last Liberty loan
! campaign. and wishing thcm greater
success III the coming one.
| The president will present. II Is an
nounccd. United states flag TO tbs
Hoy Scout troop selling the creates;
amount OF Liberty loan bonds or the
! second issue
The second IiIHrty loan.
I The bonds of the second issue OF
the Liberty loan are to be issuen un-
der the act Of congress approved by
the president Srptembr "a. 1917.
Th amount of the issue will be S3,-
| O00. 100000 or more; $4,000. 900, 900
viii be offered. ana the right Is re-
served to allot bonds In excess Of that
amount TO the extent Of One-half OF
the ovcrsubscription. That IL. II t5,-
O00. .0OO, 900 Is subscribed the right Is
reserved TO issue sl.00O,000. 900 more
thnn the $4,000. 100000.
The bonds will be offered for safe
on october I. 1917. and subscriptions
viii be received until the close of the
business day OF October 81.
The bonds will bear date November
Is, 1917. and Will mature November
is. 1912. But he government reserves
the right to call in and pay the bonds
In full. with accrued interest, any
time after 1 years sftcr their date.
The bonds are convertible gold
bonds and hear 4 per cent annual in
forest, the interest being payable
scmiannually on May Is and Novem-
bor 10 OF each year.
The bonds are exempt, both as 10
principal and interest, from all taxa
ton now or hereafter imposed by tn-
United Staes, any state, or any other
possessions Of the United states or by
any local taxing authority, except Ia
estate or inheritance taxes. and co.
graduated additional Income taxes
commonly known as surtaxes, and ex-
cess s-proflts and war-profits taxes now
or hereafter imposed. They are not
liable to the ordinary federal income
tax.
The bonds.
The registered bonds Will be regis
tered at the treasury in tho names OF
their owners ana vii, be OF the de-
nominations OF $50. 500. $500, $1,000.
$1,000. $4,000 and 100000. Checn.
for the interest on these bonds VIII De
mailed from the treasury to the own
crs each 5cmianDui,i-interest date.
The Interest on an amount OF bonds
the principal OF which does not eN
occd $4,000. owned by any individual.
partnership. association. or corpora
tion. are exempted from the taxes pro-
vided for in clause (b) above.
The seCoud issue OF Liberty loan
bonds will I've of two kinds, registered
and coupon.
The coupon bonds will be payable