Page:United States Statutes at Large Volume 11.djvu/278

 258 THIRTY-FIFTH CONGRESS. Sess. I. Ch. 1. 1858. note to be kept accurate accounts, showing the number, date, amount, and rate of interest bY "h° “°”‘“'°’ of each treasury note signed and countersigned by them, respectively; and by the reg- . . . · ism. and also, SllD1l81‘ accounts showing all such notes as may be paid, re- A<><=<>¤¤* of deemed, and cancelled as the same may be returned, all which accounts zzutzsgugfidto Tg shall be carefully preserved in the Treasury Department. And the treaspreserved. urer shall account quarterly for all such treasury notes as shall have 1 Tw *°_?;e11; countersigned by the register and delivered to the treasurer for y Sec. 4. And be it further enacted, That the Secretary of the Treasury is hereb authorized, with the a probation of the President, to cause such To be issued in portion of said treasury notes ag may be deemed expedient to be issued E:Y;*:g:tg;Pg2· by the treasurer in payment of warrants in favor of public creditors, or 0,. fOr10MB_' 'other persons lawfully entitled to such payment, who may choose to receive such notes in payment at par. And the Secretary of the Treasury is further authorized, with the approbation of the President, to borrow, from time to time, such sums of money upon the credit of such Proviso. notes as the President may deem expedient: Provided, That no treaspogcgggaz ii; ury nfotes shall be pledged, hypophecaited, iold, orddisptfsedi of in any mm the vinci_ way, or any purpose w tever, eu er irect y or in nect y, or any sum pal and interest. less than the amount of such notes, including the principal and interest thereof Sec. 5. And be it further enacted, That said treasury notes shall be T;·g,y]sfg;·g,b]g by transferable, by assignment endorsed thereon by the person to whose order i¤d9¤¤¤¤¤¤* wd the same shall be made payable, accompanied together with the delivery d°1'v°ry° of the notes so assigned. Sec. 6. And be it further enacted, That said treasury notes shall be To bg ygcgivgd received by the proper officers in payment of all duties and taxes laid by by P¤l>li¤ ¤1H¤<>r¤ the authority of the United States of all public lands sold by said authority, ig; {°j1;i,g3°S t° and of all debts to the United States of any character whatever, which States. may be due and payable at the time when said treasury notes may be offered in payment thereof; and upon every such payment credit shall be given for the amount of principal and interest due on the note or notes received in payment on the day when the same shall have been received b such officer. ySEc. 7. And be tftfurt/ter enacted, That every collector of the customs, receiver of public moneys, or other officer or agent of the United States Receipt to be who shall receive any treasury note or notes in payment on account of leg? ang °“J*l°° the United States, shall take from the holder of such note or notes a ggagcgildinzlgig receipt, upon the back of each, stating distinctly the date of such pay- onicers. ment and the amount allowed upon such note; and every such officer or agent shall keep regular and specific entries of all treasury notes received in payment, showing the person from whom received, the number, date, and amount of principal and interest allowed on each and every treasury note received in payment; which entries shall be delivered to the treasury, with the treasury note or notes mentioned therein, and, if found correct, such officer or agent shall receive credit for the amount, as rovided in the last section of this act. P Sec. 8. And be it further enacted, That the Secretary of the Treasury Secretary or be and he hereby is authorized to make and issue, from time to time, m:&$ isa? such instructions, rules, and regulations to the several collectors, receivers, tO0mc€,s_ ’depositaries, and all others who may be required to receive such treasury notes in behalf ot, and as agents in any capacity for, the United States, as to the custody, disposal, cancelling, and return of any such notes as `may be paid to and received by them, respectively, and as to the accounts and returns to be made to the Treasury Department of such receipts as he shall deem best calculated to promote the public convenipnce and security, and to protect the United States as well as individuals rom fraud and loss. Sec. 9. And be it farther enacted, That the Secretary of the Treasury