Show import doport of territorial loan to the hie assembly of the territory of utah tile tho caleb W buat laio I 1 0 Gove runt of utah kutub unit und william C llull liall into la t 0 Serre secretary tary of suld Terri territory Lory 1 U 11 II poetry I 1 I 1 T barnsworth part ami james ebarp loan coul oui of the iho of utah rest respectfully act deport to your honorable body as follows isaako in pursuance ut ot thara ilo not of 0 abo governor fix nud d at 0 aa bly approved 61 ath it ittis alic bourd ut auth orizell by bald not net mot in salt sail luko lako city on oil alio aih day ot maioli issa and or by ilia election of balch IV woal ivest a arnor sal ot chairman and I 0 hau bec ot of the territory ua as secretary laving baving been made fur tin purpose in said bald not act the amount of the lo 10 can in authorized to bo be slade it was resolved ec Ived by tho board of to make tied lito oi is loun loan for abo he num of if one buo hundred and lifty I 1 bausand t dollars du llara tile full amount provided by tile iho net act it was nho aim resolved that the abo rilo frato of interest upon loan should INN fixed at tho rato rate of five race annum tho the max maximum imen ruto rate allowed litva ad by ilia act in with tile tho liw law engraved coition bought of tho the territory 1 unit anu hundred said fifty lit in number of tho the d denomination tit of one oito unmanned calli benr lint at tile alio rato rate at live per per soulful payable point annus by pt it iho elio deficit tn Nati clotial orial linik bank in soil halt lako lake city and ut amel kan nationiel Nati nul onial bank ll nl in the city of new state of now york ou on tile first day tit of january und final july 3 aily of cuch 3 cur tho pi of said bonds bonda payable in lawful of tile united within twenty years coara after tile ditto of their himeo in tit cities 0 of salt lake find N now norf ow said aud belaying be laring dato date elio cud 2 day or july 1898 but tit at ugly time after to acu years yar front rom their dat date I 1 0 14 bonds wore were made pa 1118 to john I 1 idoly 17 or bearer wirer were acro signed by tho the under 1 digs a if loan commissioner tind tho teri taril 1 torim acdal amhed to each ed by the territorial treasurer aud and hearing ills al consecutively numbered coupon for ilia interest be a raa luu awe nuro delta bor bar ot at elio bond to they were at attached to each bond and easily removable injury or butila mutila E len to tho ilia bond the 6 said aid coupons covered aa tho 1 interest expressed in said bonds front from I 1 tho dato of their issue until payment years thereafter boford making solo salo of said bon alsor any of them treasurer uror by direction of tho loan advertised ilca inq a 0 of isaid ald bonds by causing A notice of paid Hild Mil to bo be published for ilio ilia period of 0 one mouth in tug TUB SALT bakr ilia salt ball lake herald and tho the deseret Eale fling AtT ff three dally published la in salt lake city the ilia capital of 0 the territory aud and by tit at text ten LIOUS lions in tho ilia following alio new york paper published lit in new york city la in tho the i beato of if now york tile san a newspaper published in tile 0 ty 0 ot f sun suii branol co in the iho state of Calif california n fand aid the boston ioe cwi a newspaper published klied in tho the city of boston and state of massachusetts chu such notice ai spi cl fled the amount ORDA of bonds to bo be sold tho the rato of interest thoy they should bear tho place day clay find and hour of sale and that bi would bo received by ilio ilia Tic aurer of the ibo Terri territory tury for life ilie purchase bondi within ono one month from abo expiration of staid said publication in tho the salt lako papers at tho and ionio in sald rint notices ices at ai tho the deseret bank in n ilia iho alt city of f 81 laka baku on the iho first day of juno julie 1888 tho territorial rind and lonn ioan coni commissioners opened all bids received by tho the said troa treasurer surer viz vb tile bid of SA S A koun co bankers now new york and achl caso offering less a commission of two por par cout cont fur placing tho the ono one hundred rind and fifty bonds seat and tho life bid of J B r dooly doody I 1 esi of I 1 salt all liiko lake city of offering to pity pay for e chih it ii of said ono one hundred rind and fifty bonds lie iho sent hum of ono one hundred and ono dollard the bid of said J E dooly doola being tile and befit beat lid bid offered tho the samo same was accepted by tho ilia commissioners corn in alss loners and anal tho he it hole biolo itsuo of bonds bond awarded to ilia iha 1 abild I J E dooly tho the necessary engraved bonds fus as aud and do were provided by the iho loan core com minsio nera under contract with iho elie amerl ran cin blank noto note co of the city of now york retaining in their vauhn tho ilia en raved phit as thu ilia properly of tho elio territory tho the bonds wore slener and executed act a set forth and delivery thereof biado to james anck aud his bis report taken thereof unit and lie ho charged therewith tho the said treasurer before ilia iho of said bonds having given to tho the territory sit an additional official bond with mora than two burettes hur bur otles ettes lit in tho the su out motono of 0 no hundred and luy fifty thousand and dollars dahich build bond was approved by ilia nod and slid and hied filed alth the secretary secret airy of iho lie Ter altory the expenses incurred by the commissioners la in publication of notices said and incidental to choir trust amounting to 4 1520 1620 SO go lias has been paid out of the general fund upon open the order of at ilia territorial auditor ado u statement of such payments marked exhibit A Is filed died heren lilt as part hereof nino kino session sot of tho the board of planers wore held field upon pan difford it days daya dur during tho elio progress of tho the execution of their trust and seven dayn spent by tho the chairman antho in the city of fit now york to lu tho the preparation of 0 tho the bonds and tho ilia correction ot of proof all of which Is submitted IV EY ex governor rind and chairman of tho the loan commissioners of utah WM a 0 11 ILL secretary rotAry A arpon negotiating Terri ortal bonds bondo ISSI 1893 adiv 10 engraving bonds wt 1 amsl I frow IWO 3 may mai 10 1 ing liia I 1 eualo aj a sue jack Tron surer print ing im I 1 1 I itei imi nov 9 james jack treasurer print lof 23 2 3 75 it mu 0 W est chairman 49 50 3 11 peary sm V 13 15 no alny lly an P T larnworth I 1 60 cony au SIny WC ill C biall j so |