Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1837-11-11

Thy THORITY.I
Rvs OF THE UNITED STATES PASSED AT THE FIRST
SESSION OF THE TwENrY-FIFTH CONGRESS.
PUBLIc-No. /.
- ACT 10 postpone the fourth instalment Of de.
posite with the States.
Be 10 enacted by the Senate and House of Repre-
zzfatires of the United States of 4merica in Con-
SIS assembled, That the transfer of the fourth in
sEalment of deposite directed to be made with the
ssates under the thirteenth section of the act of
inc twenty-third, eighteen hundred and thrty-Six
he and the same is hereby postponed till the first
~ of January, one thousand eight hundred and
ikirty-nine Provided, That the three first install
asents under the said act shall remain on deposite
viii the States until otherwise directed by Con-
gfess.
JAMES X. POLK.
Speaker offhe House Of Representatives.
Ri. M. JOHNSON,
3 President Of the Senate.
MvAN buren,.
~ TPUBLIc-No. O..
n ACT to authorize the issuing Of Treasury
notes.
BE 10 enacted by the Senate and House of Rep
feseatatices of the United States of america in
Ebngress assembled, That the President of the U.
Skates is hereby authorized to cause Treasury notes
HI such sum or sums as the cXigeneies OF the Go
syfrnment may require, but not exceeding, in the
hole amount of notes issued, the sum of ten mil
sAns OF dollars, and of denominations not less than
hay dollars tor any one note, to be prepared, signed
ID issued in the manner hereinafter provided.
SEC. 2. find be It further enacted, That the said
treasury notes, authorized to be issued by the first
ttakY as ,nlI hn reimbursed npI
Ell by the United States, at the Treasury thereof.
Aaler the expiration of one year from the dates OF
1Ae said notes respectively; from which said dates,
Ali the term ofone year, and no longer, they shall
ear such interest as shall be expressed upon the
face ofthe said notes. which rate oil interest, upon
ecl several issue of the said notes, shall be fixed
ID the Secretary Of the Treasury, by and with the
u vice and appreciation of the President: but shall
iH no case exceed the rate Of interest Of six per
sentum PER annum. The reimbursement herein
Rovided for shall be made at the Treasury of the
United States to the holders Of the said notes re-
pcctively, upon presentment, and shall include the
Nncipal Of each note, and the interest which may
N due thereon at the time of payment. For this
reimbursement, at the time and times herein specl-
ed, the faith Of the United States is hereby solemn
j pledged
- SEC. 3. .qad be itfurther enacted, That the said
Treasury notes shall be prepared under the dlrec-
Don Of the Secretary of the Treasury, and shall be
Agned, behalf of the United States by the Treas
per thereof, and countersigned by the Register o
treasury and that those officers respectively shall
8 checks upon each other, and to secure the pub
q safety, keep separate full, and accurate accounts
y the number, date, denomination, and amount Of
u the notes signed and countcrsigned by them re-
spectlvely; which said accounts shall be carefully
deserved and placed ON file in the Treasury De
rtmeht. and alsN oin1iar NJ cOunfe kent md nrp
rived IN the same manner Of all the said notes re-
Heemed, as the same shall he returned and cancel
ii and the Treasurer shall further account quar-
&rly for all such notes delivered to him for sigma
IRE or issue by the Register. The Treasurer ant
&egster ofthe Treasury are hereby authorized, BY
ID with the consent and appreciation OF the Secre
Hry OF the Treasury, to employ such additiona
#mporary clerks as the duties enjoined upon then
this section may render necessary: Provided
did number shall not exceed four, and with sala
OF not more than at the rate of twelve hundre,
pillars to each per annum.
Sec 4. And be Il further enacted, That the Sec
Rtary Of the Treasury is hereby authorized wit
he approbaton OF the President of the Unite
States, to cause to be issued such portion Of th
aid Treasury notes as the President may think ex
bedient, in payment of debts due by the Unite
States 10 such public creditors or other persons a
may choose to receive such notes in payment, a
sioresald, al par. And The Secretary Of the Trea
bury Is further authorized, with the appreciation {
4he President Of the United States, to borrow, froT
lime to time, not under par, such sums as the Pre-
bident may think expedient, on the credit Of sue
hotes'
SEC. 5. find be Il farther enacted, That the sal
Feasury notes shall be transferable by deliver
And assignment endorsed thereon, by the person
whose order the same shall, on the lace thereo
have been made payable.
Sec. s. And be It further enacted That the sa
Treasury notes shall be received in payment OF .
duties and taxes laid by the authority ofthe Unite
States, ola public lands sold by the said authorit
and ofall debts to the United States, Of any cha
Rcter whatsoever, which may be due and pay
Bile at the time when SAID Treasury notes may
20 offered in payment And, on every such pa
anent, credit shall be given for the amount Of t
principaand interest which, on the day Of such pa
Inent, may be due on the note or notes thus CIV
in payment.
SEC. 4. And be 10 further enacted, Thatany pr
son making payment to the United States in su
Treasury notes, into the hands Of any collector,
ceiver Of public moneys, or other public officer
agent, shall on books, kept according to suchtor
as shall be prescribed by the Secretary Of the Trt
sury, give duplicate certificates of the number !
respective amount Of principal and interest Of e.
and every Treasury note thus paid by suchperso
and every collector, receiver Of public moneys,
other public officer or agent, who shall thus fece
any OF the said Treasury notes IN payment, sn
on payment Of the same, receive credit both
principal and interest computed as aforesaid, VII
on the day Of such last mentioned payment shall