Page:United States Statutes at Large Volume 18 Part 1.djvu/803

 Trrnrc xL1r.—THE PUBLIC DEBT. 7 3] number, in the order of their numbers and issue, beginning with the first numbered and issued, in a public notice to be given b the Secretary of the Treasury, and, in three months after the date of such public notice, the interest on the bonds so selected and advertised to be paid shall cease. Sec. 3698. The Secretary of the Treasury shall cause to be paid, out Payment of inof any money in the Treasury not otherwise appropriated, any interest *°*`°¤*· falling due, or accruing, on any portion of the public debt authorized by l ii-rQ§,,1847,c_1, aw. v. 9, p. 123. Sec. 3699. The Secretary of the Treasury may anticipate the payment _ Anti¢·ipari<m of of interest on the public debt, by a period not exceeding one year, from f'°f’*· time to time, either with or without a. rebate of interest upon the cou~ 17 Mar., 16g pons, as to him may seem expedient; and he is authorized to dispose of RH- N0· 20,11 13, any gold in the Treasury of the United States, not necessary for the Y’·'*°`*· payment of interest of the public debt. The obligation to create the sinking-fund shall not, however, be impaired thereby. Sec. 3700. The Secretary of the Treasury may purchase coin with any P¤¤‘h¤S¤·<·fv<>i¤- of the bonds or notes of the United States, authorized by law, at such yy jg} lx65E iates and upon such terms as he may deem most advantageous to the -15, s. 1, in 12,ip. public interest. 370- Sec. 3701. All stocks, bonds, Treasury notes, and other obligations of E>¤€¤¤x>ti<·¤ from the United States. shall be exempt from taxation by or under State or t“‘“m""· municipal or local authority. 25;.6,) 1862 (j 33, s. 2, v. 12, p.3~16. 3 Mar., 1863, c. 73, s. 1, v. 12, p. 710. 3 Mar., 1864, c. 17, 1, v. 13, p. 13. 30 June, 1864, c. 172, s. 1, v. 13, p. 218. 28 Jan., 1865, c. 22, s. 1, v. 13, p. 425. 3 Mar., 1865, c. 77, s. 2, v. 13, p. 469. 14 July, 1870, e. 256, s. 1, v. 16, p. 272.-Bank r. Supervisors, T Wall., 26. Sec. 3702. Whenever it appears to the Secretary of the Treasury, by Dupiivuw for clear and unequivocal proof, that any interest—bearin bond of the E'{‘]j‘l‘*“"’Y°d· United States has, without bad faith upon the part of 5m owner. been 1 June, 1872, c. destroyed, wholly or in part, or so defaced as to impair its value to the 25+,  L V- 17. p- owner, and such bond is identified by number and description, the Sec- 1% retary of the Treasury shall, under such regulations and with such restrictions as to time and retention for security or otherwise as he may prescribe, issue a duplicate thereof, having the same time to run, bearin like interest as the bond so proved to have been destroyed or defaced, and so marked as to show the original number of the bond destroyed and the date thereof. But when such destroyed or defaced bonds appear to have been of such a class or series as has been or mav, before such applicai tion. be called in for rcdem tion, instead of issuing duplicates thereof, they shall be paid, with such interest only as would have been paid if they had been resented in accordance with such call. Sec. 3703. The owner of such destroyed or defaced bond shall surrender I¤<l€m¤ity Y0? the same, or so much thereof as may remain, and shall file in the Treas- ‘l€““`°Y"d b°“d; ury a bond in a enal sum of double the amount of the destroyed or Ibid., s. 2. defaced bond, ancl) the interest which would accrue thereon until the principal becomes due and payable, with two good and sufficient sureties, residents of the l.`nited States, to be approved by the Secretary of the Treasury, with condition to indemnify and save harmless the United States from any claim upon such destroyed or defaced bond. _ _ Sec. 3704. Whenever it is proved to the Secretary of the Treasury, by D¤Pl*°¤*°*>* l°¤i· clear and satisfactory evidence, that any duly registered bond of the ;*§‘?*f;‘£S“£,°“d United States, bearing interest, issued for valuable consideration in ur-, L- -- _ '—— suance of law, has been lost or destroved, so that the same is not held 4g¥“{é·]8;,k0R°”· by any person as his own property, the Secretary shall issue a dupli- "' ’p' ' cate of such registered bond, of like amount, and bearing like interest and marked in the like manner as the bond so proved to be lost or destroyed. Sec. 3705. The owner of such missing bond shall first iile in the indemnity for Treasury a bond in a penal sum equal to the amount of such missing "}"”'“¥_l[’f‘j;__ bond, and the interest which would accrue thereon. until the principa Ibid. thereof becomes due and paj·n‘»!<·. with (wo good and sufficicnt surcties,