Bonds of the Governments of the French Republic And the Kingdom of Belgium
Bonds of the Governments of the French Republic And the Kingdom of Belgium
W B Hibbs
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The registered bonds are in all denominations. This issue was granted the same privileges and immunities as the National Defense Loans of 1915, 1916 and 1917. No limit was placed on the amount of bonds to be issued, but a large part of this loan was floated by the conversion into it of previous issues. Apart from cash, banknotes of the Bank of France, etc. , the following were received in payment of subscriptions to this loan: Coupons of French Rentes matured or to mature on November 16 and Dec...ember 16, 1918; Bons de la Defense and Treasury bonds emitted before October 20, 1918; Obligations de la Defense Nationale; 3'/ a '/, Redeemable Rentes fully paid for prior to January 31, 1915, or entitled to benefit under the Laws of March 31, 1916, and June 30, 1917; and, to the extent of not more than half of each subscription, coupons of loans issued or guaranteed by the Russian Government, matured or to mature during 1918, held In France by Frenchmen. Like the preceding National Defense Loans, this issue is accepted in pay- ment of various Government taxes.
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