Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-11-03

p Ding % aw; and % stall be- tie durv uf Ire sau |
Secretary todirect sgCa plymsrts ~ tHc ad c1.- I
81 .eciars and Receivers. 60 a 'Ie -1It rs.s Of easi
a- often as once 90 each month, ant az much Nose I
= frequently m of cases b. Dye, 90 hS i.scxuun. may
tAus proper.
Sc. 10. And De d frhorcnac',l. That r si.a1 /
he lawful. for tie Secretary u tie Treasury To- iraHs-
ier Che moneys 10 he hands OF any depository here
by constituted 20 tac Treasury %: tic limited I
States 10 the Mntaf Philadelphia % the Brsueb 1
Mint az New Orleans; or 90 tie Offices Of either 4
I'll OF the Receivers General of Public Money by /
tins act directed 10 BE- appointed; 10 De there safely
kept according 10 the provisions OF This act; and |
also 10 transfer moneys 70 The hands Of any one de- /
poshofy constituted b. The same, ot his discretion |
and as the safety lhs public moneys, and Ia, con-
+ vemence Of tie public service shall seem u him /
Ia require. And Tor the purpose of payments on |
the public account i shall be lawful for the said Sc
cfetafy 10 draw upon any Of the SAID deposofes |
as he may think most conductive Ia the public inter-
e'is or To the convenience OF the public creditors or
both.
Zee. H. Ind b. Il further enacted That the mo-
neys m the hands and custody of INV of |
The repositories constituted BY this act shall be con-
sldered and held a. deposited 10 the credit Of the
Treasurer Of the United States and shall be- al all
tunes, subject 10 bis dralt, whether made by trans
YER or disbursement, IN the same manner as though
the SAID moneys whore actually IN the treasury OF
the United States and each depository shall make |
returns to the Treasury Department, Of OH moneys
received and paid by him, at such tines and IN
such lorm, as shall be directed by the Secretary Of
the Treasury
See u. Ind be IL further enacted, That, whcncy-
co pubic moneys shall accumulate in the hand Of any
depository constituted by this act, other than the
! treasurer Of the United States, the Treasurer Of
the Mint Of tie United States the Treasurer of the
| branch Mint al New Orleans, and the Receivers
General of Public Money, 10 an amount beyond HAT
secured by The bond Of the officer or which the
Secretary shall for my cause, consider unsafe and /
II Shall not be desirable TO transfer the moneys so
accumulated to any other depository, il shall be i
lawful for the said Secretary to direct the snd mo- (
heys, or any portion thereof TO be specially de- a
posted IN such bank of the State or Territory, g.
wherein The depository who is to make the dcpostc \
Is located, as he, The said Secretary shall select n
and name Pr0pidcd The bank 50 selected win +,
agree to receive and keep the moneys so deposited n
wan Il upon The terms and conditions in the NEXT al
section Of this act prescribed 4,
sec. IL lind be further enacted That the spe- 70
cal depnsltes Of the public moneys authorized By So
,he last preceding section Of this act to be made in in
panks, shall be made in the following terms and 4
conditions, and upon no other, namely: nj
FrH. All such deposites Shall be- strictly special IN
dePosIles aud The banks holding them Shall h. re
P'ooiplied, ~ the most cecua manner from maxi Il,
'nS any use OF Tie moneys deposited, by way of1an
oans discounts or IN any other manner, for any Ike
'ulef purpose whatsoever, aud TO the fulfil ils
ms
Try IS authorized, in lis discretion to furnish the III,
banks selected as dcposte banks with safes for the to
Iecpng OF The public money exclusively, and under or,
he JOINT control Of the bank and some designated IN,
Heef 81 the Government, or TO adopt such other sui
yards al he shall prefer. IN
Second. Nothing but gold or silver, or such an,
otrs, bs or paper issued under the authority
the United States as may be directed by law 10 the
6 received IN payment Of The public dues, shall be frs
urIea Tor dcoSte, under The provision of this act con
ihbd' All depo3es shall be passed upon the sur
o2ks OF The bank, TO the credit of the depository Mn
akIng Tue same but no moneys deposited in pur- Re,
lance OF this act shall be Withdrawn without the RI.
Spress order Of the Secretary Of the Treasury for sr
le payment; and no drafts of the Treasurer of
'he United States, or orders or warrants Of the tile
'crelafy OF The Treasury, for ordinary transfer or spe
shnrsement shall be made upon any bank select me.
as doposite bank under this act IN 9
f"n7h COMMISSION, such as shall be agreed ma,
pom between the Secretary of the Treasury and M,
e oank not IN any 10 exceed per cenum resr
pou lhe moneys deposited with IT, shall be allowed Sm'
~ paid ny The United States, in foil satisfaction S
all claims on the part Of the bank for trouble and AMI
'k growing owl Of the receipt, safe keeping and viii
payment % the special depostcs herein auhorz- thir
" We maze, all accounts for commissions 10 be fell
'diled and paid at the Treasury of the United hmm
ates. 80
g. - AIM, celp
zee ~ ma DC Il further enacted That in case land
oank within the State or Territory wherein the com
poslory, directed To make deposItcs is located and
" cohseht TO receive the moneys of the Govern SO II
~ upon special dcposte according TO the lorero- take
conu''oiS ana regulations, thai 1t shall be law nev
Tor the Secretary of the Treasury to select some sLar
- l' "uJ'uls cla'e or Territory, such as may Stat
Hns convenient lor the officer To make lepnsites DE-
~ 'he pnDhc service and in case no convenient eiy
UhN vi cllher Character can be found wiling o of a
ce'c snch deposcs upon the terms proposed, ,be and
so,emty may transfer the same to the Treasury and
Al
''hS' OF 10 the Offices OF either of the Receivers one
General OF Public Money as shall be most convcn NJ
nv 70 me depository from whom The money is IA sha
transferred, or to the wants ol the public service for
! reference To disbursements wv "" WIN
oec - ana DC further enacted That the red
thos;aSS " 'e treasury shall be, and is hereby dut
ulhoFlIed To cause examinations To be made of of
NC oaokS accounts and money on hand of the sew ar
~ ueposloles constituted by this act and for that win
purpose 10 appoint special agents as occasion NAV orl
equlrc, with such compensation as he NAV think toy
e"Sohape' 70 liked and declared at the time of ney
aVh appointments which said examinations in an ths
ss "he'e me sum on hand usually exceeds three the
ourhs Oh inc amount OF the officers bond shall tho
W '" h"ue less frequently, than once in each wear sal,
"u Us uch more frequently, in those and all other sim
ascs, as The Secretary in his discretion shall direct, lin
: nc agents selected TO make these examinations ed
iah " instructed to examine as well the hooks mr. | tho
cunts, and returns Of the officer os tLe ,no ~ t Ivy
ahu, ana the manner of its being kent 10 the end az,
nat uniformity and accuracy in the accounts ns me,
He as safety to the public MONEYS may I've secured IN
hereby. IVY" ~ ~
Sec TO- 'lnd be it further enacted, That in od rec
luton % the examinations provided Tor in the last
preceding section, and further guard over tho am
pnS1c moneys il shall be the dury Of each Naval wi
oHcer and Surveyor check upon the Receiver CIR
General OF Public Moneys, or Collector OF Customs nr
y 'helr respective districts; Of each Register of or
Land Office, as check upon the Receiver of his mo
Land Office; and the Director and Superintendent bi.
d each Mint and Branch Mint when separate 4,
ohcts, as check upon the Treasurcrs respective nv
~ " Wv N'u NIlulNi W VIC psfNOnS aCtlnu such