February 27, 1861; The Charleston Mercury
THE BANK OF THE STATE OF SOUTH CAROLINA is the Agent of the State to effect the Loan. The Bonds to be issued are for sums of $50, and $100, and $500 each – bearing an interest of SEVEN PER CENT, payable annually, at the State Treasury, and the principal is redeemable in 1868, 1870, and 1872.
Subscriptions for the Loan will be received by the Bank in Charleston and its Branches, and by all the Banks in the State. They will also be received by the Clerks of the Court, in the several Districts of the State. When the subscriptions are paid to the Bank of the State, the Bonds will be delivered.
The Bonds are made for small amounts, to give an opportunity for small subscriptions. It is expected that at the next session of the Legislature, the Bonds will be converted into Stock.
The purpose of this Loan presents an appeal to the patriotism of the people, which must secure its being promptly taken up. It is needless to enlarge on the momentous consequences dependent on the prompt completion of the Loan.
Apart from considerations of patriotism, the Bonds present the most advantageous investment of money which can be made. The interest is large, and the Security superior to any other that can be offered.
The citizens of Charleston and of the State are called upon to come forward promptly and take up the Loan.