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The Daily Dispatch: September 15, 1864., [Electronic resource], The four Per Cents. (search)
The four Per Cents. The Charleston Mercury publishes the following important information to holders of the four per cents: Office Commissioner of taxes, Richmond, August 20, 1864. J. K. Sass, Esq., President of the Bank of Charleston, Charleston, South Carolina:Sir: Your letter of the 13th instant, to the address of the Secretary of the Treasury, has been referred to this Bureau. You state that it is reported there that the tax collectors have been instructed not to receive four per cent, certificates in payment of taxes from any but the original subscribers; or, in other words, certificates transferred to a third party are not available for the payment of taxes.--I am not aware that any such instructions have ever been issued. I am certain none such have emanated from the department at this office. On the contrary, you will see from the enclosed copy of regulations, that four per cent, certificates may be transferred indefinitely, and that the holder may use them