Page:United States Statutes at Large Volume 12.djvu/152

 122 THIRTY—SIXTH CONGRESS. Szss. II. On. 1. 1861. d med and cancelled, as the same may be returned ; all which accounts shzgll eL carefully preserved in fthe l;I`rca;u;·1y Department sigadhghg l count uartcr or a suc easury no as wmtmzg? Efsxlwgdhselliigdgd by the Register and delivered to the Treasurer for lsstgltc. 4. And be itfurzher enacted, That the Secretary of the Treasury i,,,:,‘:,i°;tm;I, I: is hereby authorized, with the approbation of the President, to cause such P¤Y1>¤l>li¢<=¤=<l5f· portion of said treasury notes as may be deemed expedient, to  issued °"“‘ by the Treasurer in payment of warrants in favor of public credxtcrsncxother persons lawfully entitled to payment, who may choose to receute such notes in payment at par; and the Secretary of the Treasury is hereby authorized, with the epprobation of the President, to issue the Rm onming notes hereby authorized to be issued, at such rate of interest as may be fm S¤<=h ¤°*€¤· offered by the lowest responsible bidder or b1dders who may agree to take mJ° b° dwp the said notes at par after public advertisement of not Iese than ten days I in such papers as the President may direct, the said advertisement to propose to issue such notes at par to those who may offer to take the same at the lowest rate of interest. But in deciding upon those bids no fraction shall be considered which may be less than one fourth per centum per annum. Tmmabye Sec. 5. And be it htrther enacted, That said treasury notes shall be indprsement slid transferable by assignment indorsed thereon by the person to whose order d°1"'"Y' the same may be made payable, accompanied together with the delivery of the note so assigned. To be Medved Sec. 6. And be it further enacted, That said treasury notes shall be iu payment of _ received by the proper officers in payment of all duties and taxes laid by g_;‘°§t:;g‘° Um" the authority of the United States, of all public lands sold by said author- ` ity, and- of all debts to the United States, of any character whatever, which may be due and payable at the time when said treasury notes may Amount offnotc, be offered in payment thereof; and upon every such payment credit shall B"' “°°"“‘“°"· 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. When taken py ySEO. 7. And be it further enacted, That every collector of the customs, ml°%g•:`¤» :2;:;**; receiver of public moneys, or other ofdcer or agent of the United States, to *1,,, é},.,,, ,,5;, who shall receive any treasury note or notes in payment on account of eoimteto be lmpt, the United States, shall take from the holder of such note or notes, a &°‘ receipt on the back of each, stating distinctly the date of such payment, and the amount allowed on 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 provided in the sixth section of this act. Tseoretnry of the Sec. 8. And_be it j'urtf¢cr enacted, That the Secretary of the Treasury "'::::‘Eg';*:’*’§;:lf° he, andhereby 1s, authorized to make and issue from time to time such instructions, rules, and regulations to the several collectors, receivers, deposntarxes, and all others who may be required to receive such treasury notes m behalf of} 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 convenience and security, Eid to protect the United States, as well as individuals, from fraud and Tv xgnynotes M Sec. 9. And be it further enacted, That the Secretar of the Treasu §,;$E’,m QQ be, and hereby is, authorized and directed to cause to hre paid the pxing