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Show LIBERTY BONOS TO BE REGISTERED Then If Bonds Are Stolen Government Will Pay to Rightful Owner. WASHINGTON, Nov. 23. To insure against loss or theft of Liberty bonds, owners are being urged by the treas-ury treas-ury to have their coupon bonds registered, regis-tered, although the procedure resulti in a great amount of work nnd expense for tho government now that the number num-ber of bond owners runs above 30,-000. 30,-000. The registration can be arranger at most banks, and is done without cost to the owner. After registration if a bond is accidentally lost, stolen, oi destroyed, tho government will pay it nt maturity just the same, and interest inter-est checks, will be mailed to the bond owner twice a year without requiring him to go to the trouble of clipping coupons and presenting them at a bank. "The fact that bonds of the first Liberty loan or bonds of tho second Liberty loan are converted Into bonds boaring higher rate of interest does not affect the dates on which interest Is payable," explains a treasury announcement. an-nouncement. Interest is paid on bonds of tho first loan, regardless of whether they hav,e been converted, on June 15, and December De-cember 15; on bonds of the seconc loan, May 15 and November 15; Third loan. March 15 and September 15; Fourth loan. April 15 and October 15 The treasury also explains that owing ow-ing to the mechanical difficulties ol preparing millions of interest checks on registered bonds, coupon bonds will not be exchanged for registered bond? or registered bonds transferred on the books from one owner to another, during dur-ing a month before an interest paying date of each particular loan For example, exam-ple, exchanges or transfers can not be arranged for first Liberty loan bonds between May 15 and June 16; and be . twecn November 15 and December 1G. Kor the second loan, these dates would be April 15 to May 1G; and October 15 to November 36. For the third loan, February 15 to March 16; and August 15 to September 1G. For the fourth loan, March 15 to April 16; and September Sep-tember 15 to October 1G. This arrangement is explained by tho treasury as follows: "During any period when the transfer trans-fer books for any particular loan are closed no transfers of registered bonds I of such loan or interchanges of regis-! regis-! tered and coupon bonds of such loan will be permitted, but if requests for transfer of any such registered bonds or interchanges of any 3uch registered and coupon bonds are received during any such closed period, the requests will receive attention upon the re-.opening re-.opening of the books. ! "The semi-annual interest will be paid to the person in whose name j bonds are registered as shown by the j books of the treasury department on I the date the books close regardless of any disposition that may be made by the registered holder during tho closed period. If coupon bonds are presented for exchange for registered bonds during dur-ing such closed periods, the coupon next due should bo detached and collected col-lected In the usual manner If registered register-ed bonds are presented for exchange for coupon bonds during such closed periods, interest on such registered bonds will be paid in the usual manner, man-ner, and the coupon bonds delivered upon such exchange after the reopening reopen-ing of the books will have the coupon maturing on tho interest day for which the books were closed and prior coupons cou-pons detached." oo |