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Newspaper
Sullivan Union
Location
Sullivan, Indiana, United States of America
Date
Oct 24, 1917
Page
2
The National Bank of Sullivan has subscribed for $60,000 of Second Liberty Loan Bonds. It invites customers to buy bonds with cash, through the Government installment plan, or by weekly or monthly payments and to discuss options at the bank.
Supreme Court reviews several Sullivan County cases. McCasland v Aetna Life Ins Co upholds mortgage reform to correct land description errors. Blackburn v Crowder affirms bond and judgment claims in a replevin dispute over lumber. Adams v Davis upholds tax assessment and treasurer levy on a horse as delinquent taxes from 1866.
The second Liberty Loan issue will total at least 3 billion dollars with up to 8 billion offered and oversubscription rights allowing up to half the excess. Subscriptions run October 1 to October 27 1917. Bonds mature November 15 1942 with 4 percent interest and optional conversion to higher rate bonds. Eligible as registered or coupon forms with payments via banks or Treasury.
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