Hopkinsville Kentuckian. [volume] (Hopkinsville, Ky.) 1889-1918, 1917-10-20
FIRST BONDS ISSUED
IN DRIVE FOR LIBERTY
They Are as Good az eoId-msy BE
Used to Pay orooer's Bill.

USED TO Fay Groccr'8 bilt.
The bonds for the first Liberty Loan
are now being distributed In the
Eighth Federal Reserve District, and
the subscribers to the first Issue are
presenting their receipts to the banks
and bank Investment companies, Gag
erly claiming the handsome bonds.
The Liberty Bond is most attractive
and one that every citizen should be
proud to possess. The $50 bonds have
the appearance Of an overgrown $50
banknote. II Is printed on Govern
ment parchment. The face is printed
In blue-gray ink, bearing the terms Of
the bond In fine script. the denomina-
ton, the number, the date Of Issue, the
signature Of w. @. McAdoo. Secretary
Of the Treasury; Houston B. Teehee,
Register Of the Treasurer; q portrait
Of Thomas jefferson. an etching OF
the Goddess OF Liberty statue and the
seal of the United States. The re-
verse side is printed In sepia, bearing
an etching OF the American Eagle, the
Goddess Of Liberty, the bond number.
tie es9Oplnat!onl the date Of patur.
ity and the Interest dates. Bound
thereto are 90 coupons, payable each
June and December for 80 years.
Liberty Loan bonds are exempt from
all taxes except inheritance tax, They
are liquid Investment And can 30 COD.
verted into cash at any time, or may
be used TO pay the grooer's bill. the
dressmaker's bill. or rnfiady may pay
for her new bonnet with o Liberty
Bond; that Is. provided she has shown
her patriotism by buying one.
~se~~N~~~~~-~~~~. >~~~~s~~~
In all other respects, except that the
bonds issued upon such conversion
shall have the same dates Of maturity
Of principal, and Of interest, and be
subject TO the Same terms Of rsdemp.
ton before maturity, as the bonds
converted; and such bonds shall be is-
sued from time to time II and when
and to the extent that the privileges
of conversion so conferred shall arise
and shall be exercised.
IF the privilege Of conversion 30
conferred shall once arise, and shall
not be exercised with respect to any
bonds OF the present series within the
period above prescribed. then such
privileges shall terminate as to such
bonds and shall not arise again,
though thereafter bonds be Issued
bearing interest at a higher rate or
rates than per cent per annum.
Subscription for the bonds must
reach the Treasury Department,
Washington. d. c.. Federal reserve
bank or branch thereof OF some In.
corporated bank or trust company IN
the United States mot including out
| lying territories and possessionsl on
| or before the close Of business Oct. a.
1917. The application must be accom-
panied by a payment Of per cent o.
the amount applied for and subse
quent installments upon bonds allot
ted will be due as follows:
Eighteen per cent on Nov. 10
1917; 10 per cent on Dec. Is, 1917, "a
per cent on Jan. Is. 1918. On the lat
ter date accrued interest on the de
ferred inseallments also will be pay.
able.
n am very glad to be able TO an.
nounce that by authorizing the en-
craving Of these bonds with only four
coupons attached instead Of tho full
number OF 50 coupons It will be DOS
sibie to have the actual bonds ready
for delivery IS soon a. full payments
are completed. thus avoiding the trou.
Bile and delay incident to the issuance
interim receipts or temporary
1onds. On and after Nov. Is. 1919,
the holders OF the bonds will have op-
portunity to exchange them for new
bonds having attached thereto cou-
pons for the balance OF the period for
which the bonds will run.
immediate Delivery.
1T is also expected that on OF about
Oct. 10, 1917, there will be In the
hands Of the several Reserve banks a
supply Of these new bonds ready for
immediate delivery to subscribers In
amounts not In excess Of q, 1000 To any
one subscriber against payment In
full, thereby avoiding In such cases.
the trouble incident TO waiting until
after allotment for delivery. -
"Plans are also being perfected
whereby the banks all over the coun.
try can obtain bonds for the making
Of prompt delivery against these
small subscriptions. As the bonds
will bear interest from Nov. 10. and
as those who pay In full prior TO that
time will not obtain any interest on
their money until that date. this Is
offered as an alternative proposition
to those who are anxious to obtain
immediate possession Of the bonds for
which they subscribe. The reason this
S Ssg EI s6 B ssf III Tsssss 3! f.