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xre0sMy Department, JaJ 25. 1914.
NOTICE is hereby gwen, tha, p posais will
be received BY the Secretary Of The Treasury
Until The 22d day Of Auguss next for loan,ug 10
me United States the sum OF SIX MILLIONS
Of dollars, or any part thereof, less ;hsn wen.
y five thousand dollars. the same beng IN pas.
If The ssm Of twenty five millions OF doiiArs au.
.horised TO be borrowed oy shc xct OF Congress
Of the 24th day Of Marcia last.


The stock to be issued tor the money loaned
will oesr an interest OF ok per cent per annum.
payable quarter yearly; and The proposals must
dlstnc,ly STATE The snlount OF money offered 70
De loaned, and lie rate 81 which The aforesaid
sloek will be .eceised for the asfne. =


The amount loaned 10 10 be paid into bank D.
banks authorised BY the Treasury, in instsimsas
in the following manns:. viz


One fourth part, or twenty ave dollars on each
hundred dollars. on the tenth Gay OF September
next.


And one fourth part. on the tenth day OF each
of the ensuing months Of October, November &
December next.


On the day liked for the payment of the 6rs,
or any other instalment. all the remaining instsi-
men,s may be paid At ,ne option OF the isnder.


The proposals must state the bang Or banks
into which the lender may desire to make his
qsyments and he will be allowed 10 make them
sccor ding 10 his wishes thus expressed in all
cases where The convenience OF the Treasury
will permit.


The same terms will be allowed to all whose
proposals are accepted.


No proposals will be received for sum less
than twenty five Thousand dollars but CON
mission Of one fourth Of one per cent will be al
lowed TO any person collecting subscriptions toi
the purpose OF incorporating them in one propos
al 10 the amount Driven, y Ave thousand dollars
or upwards, provided such proposal shall be &C.
cepted.


On failure Of payment of asy instalmen,, the
next preceding iAs,alment 10 be forfeited.


All the mslalments must bc pad At tie same
hank as that st which The FIRST inst.lmenl shah
be paid.


Scrip certificates will be issued BY the Cash.
iers Of the Banks where the payments shall be
made, 10 the persons making the payments /: and
the said Cashiers will endorse ON these cer,ih
Gates the payments Of the several iRstalmenl.
when made.


The scrip certiiicstes will be assignable by
endorsement aud delivery and will be funded
sf;er the completion OF the payments. upon rep
resentstion to the Commissioner Of Loans for the
state where the p.ymen.s have been made.
Certificates Of funded stock will also be issued
If the holders Of scrip ccrlifcA,es shall desire it.
for the amount Of any in.talment paid, after the
payment Of the next succeeding iastslnent.
The funded stock to be thus issued will! be
irredeemable. till after the 3lst day of Decem
Der, 1926; viii be transferable in the same man
ner, rs the other funded stock Of the Unile,
States, and will be charged, for the regular sns
quarterly payment Of its interest. and for the ul
innate reimbursement Gifts principal. upon III,
annual fund of eight millions of dollars sppropri
.ted for the payment Of the priscipal and in,eres
of the deb, of the United States. in the msnae
pointed out in The aforesaid act OF the 24ih 0
| March, 1914. G. w. CAMPBELL.
Secretary of the Tieaswy.
" Subscriptions for any part Of tn
| above Loan will be received at the Cum
berland Bank, during the hours of business
until the 18th instant.
LEVI CUTTER, Cashier.
August !, 1914


AyOTICR ;s herehv Given thar the fub(criber ha