Rogue River courier. (Grants Pass, Or.) 19??-1918, 1918-11-26
INSURE LIBERTY BONDS
AGAINST LOSS OR THEFT

WASHINGTON, Nov. 26.--To insure
against loss or theft of Liberty loan
bonds, owners are being urged by
the treasury to have their coupon
bonds registered although the pro-
cedure results in great amount OF
work and expense for the govern
meut now that tho number OF bond
owners runs above 30,000,000. The
registration can be arranged at most
banks, and is done without cost to
the owner. After registration, II a
bond is accidentally lost, stolen, or
destroyed, the government will pay
1t at maturity just the same. and in
terest checks will be mailed TO the
bond owner twice a year without
requiring him to so to the trouble OF
clipping coupons and presenting
them at a bank.
'IThe fact that bonds OF the First
Liberty loan or bonds OF the Second
Liberty loan are converted into
bonds bearing higher rate Of interest
does not affect the dates on which
interest is payable" explains treas
ury announcement
Interest is paid on bonds or the
first loan. regardless OF whether they
have been converted. on June Is and
December Is: on bonds OF the sec
ond loan, May is and November is;
third loan, March Is and September
| IS: fourth loan. April Is and octo-
Der Is.
The treasury also explains that
owing to the mechanical difficulties
of preparing millions OF interest
checks on registered bonds, coupon
bonds will not be exchanged for reg
istered bonds or registered bonds
transferred on the books from one
owner to another, during a month
before an interest paying date OF
each particular loan. For example,
exchanges or transfers can not be
arranged for First Liberty locn
bonds between May Is and June To-
and between November 10 aud De-
cember 16. For the second loan,
these dates would be April Is to
May 16; and October Is to Novem-
Der 16. For the third loan. Febru-
ary Is to March 16; and August Is
to September 16. For the fourth
loaa, March Is to April 10; and Sep
timber l.. IL October le
This arrangement is explained by
the treasury as follows:
During any period when the
transfer books for any particular
loan are closed no transfers OF reg
listered bonds of such loan or inter
changes OF registered and coupon
bonds of such loan will be permitted
but IL requests for transfer OF any
lsuch registered bonds or inter
changes of any such registered and
coupon bonds are received during
any such closed period, the requests
will receive attention upon the re
opening of the books.
"The semi-annual interest will b'
paid to the person in whose nam'
bonds are registered as shown b!
the books Of the treasury depart
ment on the date the books clos
regardless OF any disposition tina
may be made by the registered hold
er during the closed period. II cou
r pom bonds are presented for ex
:. change for registered bonds durin
such closed periods, the coupon mex
. due should be detached and collect
ed in the usual manner. II register
ed bonds are presented for exchang
for coupon bonds during such close
periods, interest on such registere
bonds will be paid in the usual mar
ner, and the coupon bonds delivere
B upon such exchange after the re
Opening of the books will have tn
coupon maturing on the interest da
for which the books were closed an
prior coupons detached"