Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1917-10-27
BUY A LIBERTY BOND
Interesting and Authentic Facts and Fig
ures Regarding the Big Three
Billion Dollar Loan

The bonds of the second issue of the
Liberty Loan are to be issued under the
act of Congress approved by the Presi-
dent Sept "a, 1917.
The amount of the issue will be
So, 900, 900 or more; $4,000, 900, 900
will be offered, and the right is reserved
to allot bonds in excess of that amount
to the extent of one-half of the over
subscription. That is, if 100000, 900
is subscribed the right is reserved to
issue $1,000 100000 more than the
$4,000, 600 600
The bonds were offered for sale on
| October l, 1917, and subscriptions will
be received until the close of the busi-
ness day of October 27.
The bonds will bear the date of No
vember 10, 1917, and will mature Novem.
Der 10, 1912 But the government re-
serves the right to call in and pay the
bonds in full, with accrued interest, any
time after 10 years after date.
The bonds are convertible gold bonds
and bear four per cent annual interest,
the interest being payable semi-annually
on May Is and November Is of each
year.
The bonds are exempt, both as to
principal and interest, from all taxation
now or hereafter imposed by the United
States, any State, or any other posses
sions of the United States or by any
local taxing authority, except (a) estate
or inheritance taxes, and o. graduated
additional income taxes, commonly
known as surtaxes, and excess profits
and war-prCits taxes now or hereafter
imposed. They are not liable to the
ordinary Federal income tax.
The interest on an amount of bonds
the principal of which does not exceed
$4,000, owned by any individual, part
nership, associations, or corporations are
exempted from the taxes provided for
in clause ib) above.
The right is given to holders of the |
bonds to exchange them for bonds bear
ing higher rate of interest if any such
shall later be issued by the United |
States before the termination of the
war. This conversion privilege must be |
exercised, if at ALL within six months |
after the issuance of such higher-rate
bonds.
A purchaser may pay in full for his
bonds at the time of making his applica-
ton or, if he so prefers, he can take ad. |
vantage of the instaIlment plan and pay
2 per cent on application, Is per cent on |
November l5, 1917, 40 per cent on De-
cember 10, 1917, and the remaining 40
per cent on January Is, 1918.
Although so far as the government is
concerned the purchase price for the
bonds must be paid as above. Nearly
every bank will make arrangements by
which Liberty Loan Bonds can be paid
on an installment plan providing for
weekly or monthly payments, and a
great many employers will make the
same arrangements for their employees
Payment can be made to the Treasury
Department or to any one of the Federal
Reserve Banks, but purchasers are urged
to make their payments to the banks or
other agencies with whom they placed
their subscriptions.
Custer county has been allotted S75.-
10000 of the Liberty Loan Bond issue to
dispose of and this amount should be
by its people before the close
Of business on October 9th, today. III
you are going to buy Liberty Bond, do
it today. You can subscribe through
any bank, postoffice or members of the
Liberty Loan committee.