Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1836-07-07
TIE DIPOslTt LAW
An ACT to frslltc t.a depo,i'c. 81 the public
MONEY.

An ACT To frs#Illtc llt. dep1'lc. 81 The public
MONEY.
Il. Il enacted bt the Seitai, aud House oi Repre-
sentative, ui the | nitcd state ot Nmetiealn Com
prc>s ass,mble1, That it shall be the duty of The
Secretary of Tie Treasury 10 sr.ri II, ,"on Is
practicable, and employ the dcpo>iiofleN OF Tie
monry Of the United States. such oi Tie banks IN
,orporajcd bv the scvefa, States, bv Congress toI
the District of Columbia, 81 b} the Legislative
Councils Of The respective lcuIt"rlts Tor those
Territories as may lee located at, adjacent, OF con
>eni. at To the points OF raee., at which the rcvc-
,ucs may be- collected, or disbur,cd, md IN those
States, Icritorie, OF DISTINCT, ia which lhcrc are
NJ banks, on in which no bank can be employed
IS a deposit bank within which 'r puhheeollcctions
az disbutNmcils require tdepo,turv, tie said Sc
,rctarv mav make artAule 6eut, with bauh or
banks IA sonn' Other STATE, I'uiioh of DISTINCT,
Ia establish an aetncN, ut hsrncrN. III tln Statcs,
Territories ~ DISTRICTS destitute al banks, Il,
banks OF deposlle, and Ia receive through such Il
rences such depesitrs OF the public money, rs may
be directed to hc made Al tir points designated,
and 10 ,uakc such disbursements as the public
VICE may require al lho>e Polols, the duties and
Liabilities of ovcIA bank illus establishing any such
aaeneN 10 be tie >autr IN lt,pru 10 ats agency,
Il, ate thc dut r. trd lHlihn,> Of tcl'sn hanIs
generally uiuI the pfoH sians"i tins aef. |ro-
i ,i.,, =, mn -
-, So. - r.,,i,,,,# ,ll,,, ;,
''' - i ,..,..'.., a., ,,i,,.'
'e . = 49,, 49, 49,
"F'' Wv l..,,,r,,,,, II. '',,,
that ii Secretary al the Treasury ~haA not suffer
10 remain in any dcpo,e bank, an amount ot the
public monrNs more than equal 10 tlrre-iourrlIs Of
tic amount 81 H. "a H stook actually plId ~, tol
= longer time lhan may he necessary 10 enable HIM
~ '''',' ,.I u., d. I,,L. ',,l.,,,,
III i,, If. d.,,,,,.,,.. -, ,l
S"@i' ~ ~ Ms ''''
- ~, ''.,', ..,,,.;,,.. and
w "''' W. =, .., ,,,..r,,,., G
:" 'o''''' u " NV
''''s 49, Adj, :, t,,,,.,, ,,,,.,..1 III,
wv, =, ,i;,I, ,,.., ,ail,,. ,.,'.,s
~ - -! ''.,,,.iJ l,..l,II I'm ma ha,I Ia
'.l :. ,l,. >,.,,,.,., ~, ,l,
.. .,,l.,,.,,, ~, vLar al ,,,
,l.,.1.r, ca :. ,.,,,,s.,
'''as - ,,,,l;,' ,,,
w :, H. ~. ',,
"' ''' '''''' - ,.,,''..,'',. ,',J.
'o'a - >''''' -.
'ld't l'"l ""N' '''''' ''"' ~ w. ~ ~ " f'
'es u Wv ""'e - , =
S"'n P"''' VI P''''' ~ '
rect the PnDHe money '"4'eo'' ~ sue" Po'"' o'
same state or III some one 81 more 81 '1' '"]a-
cent States upon the terms ma conditions mere
matter prescribed; Tfortatd, nat nothing III
this act contained shall he 81 construed as prevent
Congress at any umc from passing any law i"r
the removal OF the public money from any OF the
said banks, on from changing tic term, ii the de-
post. orto prevent the said hauk,h any time fom
declining any longer tob be tie repositories of the
public money, upon paying OYER, or rendering 10
,ccor,lino 10 ia, term, of rs aercrncnt with The
.,il Secretary.
SrcT,ov 3. And be il further enacted, That
.h.,II L,r.,.,,,, h,. .,.l.-,,1 and .m,l,,od
hv tho secretary ofthr Treasury as a dcpostorv o
d. nll,r ,,n,,.v. mill such ba,t shall la,, frs,
.I.d 80 ,l.s,,d Snc,e,,r, NJ ,I,, Treasury
.,,,.',, - ;,s eon1i,;on aoflu,ir,, I;1 ot,,>
e'"''''''"' " - ~ ''' "
81, l.. .,ar,or .,al IL .,r, a,ha,