The New York herald., 1921-06-06
COMMONWEALTH OF PENNSYLVANIA
S15.0OO,O 1000 Issue of $50 ZOO, 900 Loan
SERIES & x Per Cent
30 Years-Due July 1, 1851.

30 Eears-Duc July 1, 1881.
FREE FROM THE PERSONAL PROPERTY
TAX IMPOSED BY THE
STATE OF PENNSYLVANIA
EXEMPT FROM THE NORMAL AND ALL
sTRTAXES Al Also 4, ,r!Sp EXGEss ,pRo pRoTITs
TAX UNDER EXISTING LAWS.
office Of the Auditor General.
Harrisburg, May 81, 1871.
Sealed proposals will be received by the
undersigned at the office OF the Auditor
General at Harrisburg, until IL o'clock noon.
6 oo June g ig2 f0g o, ths
wealth of Pennsylvania en- the following con-
ditions:
This Issue Is a part Of a loan OF $5o, 900 ood
authorized by an Act approved the 18th day
OF April, 1919 CPamphlet Laws. page so,
amended by an act approved the 18th day OF
previous issues-sERIE;s A and SERIES B.
makes a total Of sSs. 100000 issued under the
authority granted.
The bonds now offered. amounting In the
aggregate to $4,000, 900. viii be dated July
I, 1921, and win be payable at The Phila-
delphia National Bank OF Philadelphia, Fts-
cal Agent of tho Commonwealth, In lawful
money on July I, 1851.
Interest Mt the rate Of five 90 per centun,
per annum win be paid semi annually. on
January I and July J. at the office OF ths
Fiscal Agent OF the Commonwealth in Phila-
delphia.
All bonds issued under the provisions Of
this Act shall be exempt from taxation for
State and local purposes.
Certificates I'm registered form will bs
issued In such amounts as the purchasers
may require in the sum Of one thousand
q ,000) dollars, five thousand $1,000 dollars,
ten thousand 100000 dollars. twenty-fivs
thousand COS, ,ooo) dollars. fifty Thousand
ESQ. .0o0 dollars. and one hundred thousand
100. .oc0) dollars: and In coupon form In the
sum Of one thousand q .O00) dollars. Said
certificates VIII be interchangeable as 70
form.
Negotiable Interim Certificates will be Is.
sued II desired. pending the engraving of
definitive certificates. and may be obtained
from the Fiscal Agent on the day that pay
ment Is made for the loan. or thereafter.
Proposals must be made upon the pre-
scribed form OF blanks, copies OF which may
, be obtained upon application at the office OF
the Auditor General. or from the Fiscal
Agent
No bid viii be considered unless accom-
panied by certified check or certificate OF
deposit drawn TO the order Of the Common
wealth q a pennsyvanS for an
the loan for which the bid II made.
Checks or certificates Of deposit accom-.
BY mail TO the bidders within forty-eisht
(4s) hours from the time Of opening OF the
bids. Deposits OF successful bidders will BE-
TIE Ss'iss loan !" awarded to them. No allowances
will be made for interest on an advance pay
ment from the time bid Is submitted tn
settlement Tor the loan awarded must be
made with The philadelphia National Bank,
Fiscal Agent for the Commonwealth &c
Penns syivania, 10 the following manner. TO wit
II viii be optional with bidders 70 mako
settlement in full on or before Friday. July !.
| 1921 at three r. NJ. or 10 make. IN proper
,ionate amounts. five partial payments. "a
wit:
4. .ooo 900 and premium. FRIDAY. July 1. 1874
s3.0oo,ooo and accrued interest. Mondsys
August 4. 1921
q. .ooo. 900 ana accrued interest. Thursday,
September 1. 1921
100000 and accrued interest. Saturday.
October 1, 1921
90. 900. 900 and accrued interest. TUESDAY.
November 1. 1921
The undersigned reserve the right 10 reject
any and all proposals, or 10 award aii or
any portion OF the loan for which bids shall
be received, as may be deemed for the beet
| interests Of the Commonwealth Of Pennsyi-
vania.
with the exception OF the f2.oo0, 900 issus
Series A and sft 800 900 Series 3 above re-
ferred 10, the state IN free Of ell bonded ir.
debtedness not now provided for by moneys
| in the Sinking Fund. OF the aforesaid issues
aggregating s23. SOC, 900. the State has re-
purchased bonds 10 the amount Of 81 .5oo.o 900.
These bonds are legal investment for trust
| funds
VIM. G. sPRoUr.. Governor.
! SAMUEL S. LEWIS. Auditor General.
CHAS a. SNYDER. State Treasurer.