The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1917-05-26
LIBERTY LOAN"
SUBSCRIPTIONS
CHANCE FOR EVERYONE TO
HELP FINANCE THE
WAR

Notice has already beer. given
through the Tribune that the neces-
sary blanks have beec received by
John s.. Cook & Co. fer subscription
to the Liberty Loan" of two billion
dollars, authorized by congress under
act of April "a. 1t is understood that
a number of subscriptions have al
ready been recorded and residents of
Goldfield will undoubtedly take their
full share of the bonds to be issued.
Bonds payable to bearer, with in
terest coupons attached, will be is
sued in denominations of $50, 800,
$500 and $1,000. Bonds registered
as to both principal and interest will
be issued in denominations of 800,
$500, $1,000, $4,000, $4,000, $780,
600 and 100000.
The bonds will be dated June Is,
1917, and will bear interest at the
rate of 3 " per cent per annum, in
terest payable semi-annually on De-
cember 18th and June 18th. The
bonds will mature June Is, 1947,
but may be redeemed on or after
June Is, 1882, in whole or in part,
after three months published notice,
on any interest day, if the govern
ment should so desire. The bonds
are payable in gold and will be ex-
empt from all taxation except as to
be receivable as security for depos-
it's of public money.
II the government should later is
u bonds at a higher rate of inter-
est before the termination of the
war between the United States and
Germany the holder of these bonds
will have the privilege Of exchanging
them for bonds of an equal par
amount, bearing the higher rate of
interest.
The law prohibits the payment of
commissions on subscriptions and all
those through whom applications
are made, such as banks, trust COM
panies. express companies or others
render the service as a patriotic
duty and without compensation.
All applications must be in the
form prescribed by the secretary of
the treasury and must be accompan-
led by a payment of two per cen of
the amount applied for. The ap-
plications must be for $50 or some
multiple thereof, but on applications
for one bond of $50 or 800 the
bond will be allotted at one and
payment accepted. Applications
must reach the treasury department
or some federal reserve bank not
later than June 18th, but the secre-
tary of the treasury reserves the
right to close the subscription at an
earlier date.
1t is expected that the subscrip-
tions will exceed the amount of the
issue and the allotments will be made
as socn after June Is as possible.
The government reserves the right
to reject any subscription or to make
allotments of a part only of the
amount subscribed for. In case of
partial allotment the two per cent
will be retained and any excess ap-
piled upon the next installment. If
payments are made in installments
these installments will be as fol-
lows: Two per cent on application;
IS per cent on June 2Sth; 20 per
cent on July 20; 80 per cent on Aug
ust Is; and so per cent on August
so.
Interim certificates will be issued
to subscribers showing the amount
subscribed for and the payments
made and the delivery of bonds to
holders of fully paid interim certifi-
Gates will commence as soon as prac-
ticable after June 2S.