Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-12-01

specute dcpasiinurs until 0ihcrgi.e Disposed ui &C.
c1rIing 60 law; anil C Ial b. Tire duiy ihc sad
Secretary % direct such payments BY lhe sad COZ
eciors AMI receivers al on the said places, 81 least
o. often as once in each month, and as much more
frequently, ~ al cases as Be, 10 bis discretion, may
think proper
See. TO- Add b. q further enacted, That b sllal
b. lawful Or the Secretary Of the Treasury 10 trans
Ger the moneys in the hanis ufauy depository here
by constituted, % The Treasury of the United
States; 10 he Mint a. Philadelphia 90 the Branch
Mint al New Orleans or 10 the Offices Of either
1 Of the Receivers General ol Public Money by this
| act directed 70 he appointed 20 be- there safely
Kept according 10 the provisions ol this act; and
| also [, transfer moneys 10 the hands Of any oue de-
pository constituted by the same. ~ his discretion,
and rs The safety Of the pubic moneys, and the
convenience Of The public seryire si.a seem Ia hm
10 require. And COR lie prpose oI payments ON
| the pubic account ii shall BE- lawful Tor the said
Secretary TO draw upon any Of The said deposilor-
res as he may think most conductive 10 the public
interests or to the convenience OF the public cred
1 ilors, or both
Section II. And be il further enacted, That the
moneys IN the hands, care aud custody, of any of
the depos'ories constituted BY this act shalt b. ron.
shlnied aud held deposited To tic credit of the
Treasures Of the United States and shall be, at al
times, subject 10 his drafts whether made by trans.
Ter or disbursement, ~ The same manner, as though
the said moneys where actually ID the Treasury Of
the United States; and such depository shall make
returns 10 the Treasury Department 81 all moneys
| received and pad by him, at zach times and 10
such form, shall be directed By the Secretary Of
the Treasury.
Sec. ", And be il further enacted, That when
ever public moneys shall accumulate IN the hand 0l
any depository constituted b. tins act, other than
The Treasurer OF The United States, the Treasurer
of the Mini of The United States the Treasury of
the Branch Mint Of New Orlcans, mud the Receivers
General Of Poblic Mrney, To an amount beyond
That secured by the bond Of the officer which
me secretary Silai, ~ any cause, consider unsafe,
ahd II shall moi he desirable TO transfer the moneys
SO accumulated TO any other depository, it shall be
lawful Tor The sad Secretary To direct the said mo-
heFs or any pofph thereoI, to be specially deposit
ed IN such bank Of the State or Terrlrnry. wherein
The depository who Is 10 make The deposit located
as he, The sad Secretary, shall select and name
Propidcd, The bank selected will agree to re-
ceVc and Keep Tie moneys 81 deposited with upon
the terms and conditions in the next section of his
act prescribed
See. ID. And be il further enacted That the
special depcses Of the public moneys authorised
by The last preceding section Of tins act to be made
u banks, slaIl be made IN the following terms and
conditions, and upon no Other namely:
FIRST All such dcpostes shall be strictly special
depns'tes; and Tic banks holding them shall be
prohibited, ~ the most eflectual manner from max
ing any use oil The moneys deposited by way Of
loans, discounts, or ~ any other manner or for any
other purpose Whatsoever and 10 secure the fulfil
ment of This condition, the Secretary of the Treas
ury u authorised, in his discretion To furnish the
banks selected MS deposit banks, with safes for the
keepng oil the public money exclusively, and under c
lht Jo'nl conlru oi the bank and some designated 5
oiioer of the Government, or to adopt such other
guards as he shall prefer /
second Nothing but gold or silver or such a
notes bills or paper, issued under the authority OF
ne unileh States, as may be directed by law to i
q received IN payment OF the public dues shalI be
Uttered for depoSile under the provision of this act
ihlrd. All deposIics shaI! be passed, upon tho $
looks oil The bank, to The credit Of the depository
haNlhg me amei hut1ho moneys deposited in pur- Il
uancc 81 TINS act shall Jc withdrawn without the |
Express order of the Secretary % the Treasury for
ne payment; and no drafts of the Treasurer of u
ne United states, or orders or warrants Of the i
'tc'eua'y q lIe treasury, or ordinary transfer or
disbursements shall he made upon any bank selected il
Is deposte bank under thus act. t
Fourth. commission, such as shall be agreed n
ipon between The Secretary Of the Treasury and n
nc oanN ool IN any case to exceed per cenum r.
lpoh tle moneys dcposlteswith II, shall be allowed )
md pad by the United States in f,ll satisfaction
II all claims on the part of the bank for trouble and
sk growing out nl the receipt, safe keeping and "
ayment Of the special depostcs herein auIhoriz- Il
y % DC MADE, al accounts for commissions 10 be Il
luded and paid at the Treasury of the United h
States. c
Sec H. And be il further enacted, That in case II
70 bank within the State Territory wherein the +
depository, directed 10 make deposes is located,
will consent To receive the moneys oi the Govern
ment upon special deposiie according to the urego-
lhH conditions aud regulations that ii shall be lawful
Tor The Secretary Of the Treasury to select some
bank IN an adjoining State or Territory such as
may De most convenient for the officer 10 make de-
posltes and the public service, and in case no con
vchenl bank nteither character can be found wiling
To receive such depnSlleS upon the terms proposed,
Tue secretary may transfer the same To the Secrelu-
~ a The United States 10 the Mint ar the Branrh
Nuts, ar To tho offices of either of the Receivers
General ol Public Money, as shall be most conyen
rent To the depository from whom the money is 10
hc transferred, or 10 the wants of the public service
IN reference TO disbursements
zee. TO- Ana be i. further enacted That the
Secretary OF the Treasury, shall be- and \ hereby
au',of'heu 70 cause examinations To be made of
.'e DOCKS, accounts aud money on hand of The sew
eral dep 'SHories constituted by this acF and for Tint
purpose 70 appoint special agents as occasion may
require, with such compensation ms he NAV think
reasonable, TO be fixed aud declared al the lime o
each appointment; which said examinations in all |
cases Wiere me sum on hand usually exceeds three |
loorIllS OF The amount Of the officers bond. Shall
not be made less frequently, than once in each wear
and as much more frequently, NJ those and all oth.r
eases, as the Secretary in his discretion shall drecA
The Agent selected to make these examinations
Shall be instructed TO examine as well the books, |
accounts ani returns of The officer, as the money
ON hand, aud hc manner Of its being kept, to the |
end that unltarn,ity and accuracy in the accounts
as wei as safety to the pablo moneys, may be Sc
cured thereby
Sec l6. Aud be il further enacted Thatn nd.
dlton to tho examinations provided Tor in the last
preceding Seellon and as 4 further guard over The
pubic moneys, il sha be the duty of each Naval
Officer and surveyor Us check upon the Receiver
General Of pubic Moneys, or collector of Customs,
Of their respective districts; Of each Register of
Land Office as check upon tia Receiver of his
/ LINN MIMI H.. II = -.