The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1837-09-21


18th inst. BY Mr.. WRIGHT from the Committee Of
Finance prepared ioroar last paper but unasoida-
bly, crowded out
BILL To revoke tho charters of such bsnks in the
District Of Columbia, shall not resume specie pay
ments within limited time, and 10 suppress the cir
cuation Of small notes therein.
Be IL emaeted by ne Senate and House Of Rspresen-
fatres ofhs United States Of America IN Congress
sembed, That all penalties imposed the banks in the
District Of columbia, by their charters, otherwise
for suspension Of specie payments, be RENTED Pro-
vided, They resume specie payments for oil their bills
under ten dollars within sixty days. and Of al others
within six months from the passing Of this get And
proUided also That the said banks, within thirty days
from the passing Of this act shall 10 pay the
notes, bills or obligations Of any corporation, company
or individual which shall not redeem the same on de-
msnd, in specie Anf propided, farther, That the said
banks shall forthwith cease to receive in payment
depose, or 70 pay out any note ball. obligation, is
sued by any other bank or by any corporation company
or individual, Of less denomination Than 1--WE dollars.
SIC. 2. And be " further eRaeied, That il any Of
said banks shall fail to comply with the conditions spe
cited in the foregoing section Of this act, the charters
thereof shall be revoked and il shall be the duty Of
the Secretary Of the Treasury appoint three commits
sioners for qudatng and settling the and al
fairs thereof, and such prosecutions shall be instituted
by the District Attorney OF this District, for any viola
lafon Of their obligations to the Government and the
community, as the facts and the law applicable to the
case may render proper beyond what is contained in the
provisions Of their charters and in this act Prorided
nereheiess, That the remedies against said banks for
their liabilities and debts given in their charters, shall
remain in full force and effect against the property,
ney, credits, and effects thereof in the hands of the
commissioners appointed to lquidate their affairs.
SRc g. And be 10 further enacted That after the ex
pration Of thirty days from the passage OF this act it
shall be unlawful for any individual, company,
poration to ISSUE pass TO offer to pass within the
District of Columbia, any note, check. draft bank BILL
or any other paper currency OF less denomination than
FIVE dollars and if any person corporation shall yio-
late the provisions Of this section, the person offend
ing, or in Of any corporation offending the officers
Of any such corporation for the time beng, shall be LA
BILE indictment by the grand Jury Of the county within
the District where the offence shall have been
mted and the person so offending or the officers oil
the corporation offending, SHALL conviction there
Of be fined IN not exceeding fifty dollars, at the
discretion Of the court for every offence one-ha Of
said fine shall be paid the prosecutor, the other half
shall be for the OF the county where the offence shall
have heen committed and the person offending and
the officers OF any corporation, shall also be liable to pay
the amount Of any note, BILL check, draft other paper
constituting part Of such currency, any holder thereof
with all costs incident the protest and legal collection
thereof with fifty per cent damages for non-payment
demand 10 be recovered by action summary and with
out delay, and with right OF immediate discovery
OATH in all where the defendant shall deny the is
SUNG, passing, attempting to pass, the note bill
check draft or other paper m question and IN case Of
Judgment for the plaintiff execution thereon shall be had
forthwith and shall be the duty Of the District Attorney
Of the District Of Columbia to prosecutions
against all persons and every corporation offending
against this section Of which he shall have knowledge
probable information and Of corporations, the
prosecution shall be against the president any drcc-
tor cashier thereof for the time being; and shall he
the duty OF the grand uro to present all such offences
Of which they shall have knowledge probable inioma
ton and that member Of grand jury shall be gno-
rant Of his duty in this particular shall be the duty Of
the court having cognizance of all offences against this
section TO give the in charge to the grand uries a.
the commencement of tho FIRST term after the passage Of
his act.
BILL to authorize merchandise to be deposited in
the public stores, and for other purposes.
Be IL enacted by the Senate and Houseo Represcn-
tatires Of e United States Of america in Congress
sembed That from and after the passage Of this act all
goods, wares, and merchandise imported into the Uni
ted States Except fruits and other pershabe articles,
which shall pay duties in cash at the time Of entry may,
at the option of the importer be entered and the duties
thereon then paid be deposited at the expense and
risk Of the importer, in such public or other stores as
may be agreed upon between the importer and the col
lector, officer Of inspection Of the revenue Tor the
port where said goods wares and merchandise may be
landed and shall be the duty Of the collector or Of
fcer, in all where goods merchandise
deposited to that they be kept securely and
under the JOINT locks of the inspector and the importer
merchandise, without permit IN writing, under the
hand Of the collector and naval officer Of the port
SEC. O. And be 1t further enacted That it shall be
lawful for the importer or his assignee to withdraw, at
any time, portion Of goods, wares or merchandise,
deposited aforesad upon payment Of the duties there
upon cash, together with such storage and other ex-
penses may have accrued thereon.
SEC. g. And be IL further enacted That the duties
any goods, wares, merchandise, deposited under
the provisions of this act which shall remain unclam
A. III kn, Ian,
aforesaid at the expiration Of three years from
the date Of Importation il shall be the duty OF the cocc
tor to cause so much Of goods wares merchandise,
may be necessary to be sold at public auction; aud
retaining the sum requfedor the payment Of the duties
which have not been paid together with the expenses OF
safekeepng and sale of such goods wares, merchan
Disc shall return tho ovcrpus, II any, tohe owner, or
to his agent or lawful representative.
SEC A. And be further enacted, That il any goods,
wares or merchandise, deposited under the provisions
Of this act shall he embezzed frauduently hid, or
removed from any place wherein the same shall
have been deposited they shall be forfeited and the per-
son or persons so embezzing hiding, removing the
same, aiding assisting therein shall be liable to the
same pains and penalties as if such goods, wares, or
merchandise had been fraudulenty landed without pay
mcnt Of duty.
SEC. g. And be IL further enacted, That all goods,
wares and merchandise deposited under the provisions
OF this act may be transported from the public ware
houses or such may be occupied for public use
IN one district 10 those IN announcer uisct uuer such
safe regulations the Secretary Of the Treasury may
prescribe.
SEC. g. And be ii further enacted, That no goods,
wares or merchandise deposited under this act shall be
taken delivered from the public stores for consump-
ton for exportato except upon due entry at the
house. and under OF some proper officer OF
the customs, and upon payment Of tho fall amour, Of
duties, when not immediately exported Prorrded, hoic-
erer That goods may be taken out or delivered for the
purpose Of transportation, from the public warehouses IN
one district to those Of other district allowed IN the
fifth section Of this act without the payment 81 the duty
thereon at the time OF removal: Propded, also, that ~
all such cases, twenty hours previous notice shall
he given in writing the COLLECTOR. with speclc de-