Virginia free press. (Charlestown, Va. [W. Va.]) 1832-1916, 1838-04-05

4 80 " 0utlu oual % lofolo4 81 th9 CITY Ol
NeS fork. in The State Of New Iork; oss
other Of which shalt bs located 81 the ei,y Of
Boston, IN the State of Massachusetts. one
other OF which shall b located - the eiis Of
Charleston, In the stats of South Carolina;
and the rcnsining one of which shall be To-
esteS % the city Of 81 Louis, In the State Of
Missouri. and al Of which saii officers shall
give bonds 10 the DATED STATES, with.,uetie.
according 10 tlss pro-, tsions Lsrsasfler con-
tanned. for the faahfai discharge Of The duties
VI their respective ofiees.
The sixih section eaaets--"Thst the Urea
.srer of the United States, the Treasurer of
ue Mint of the United states, the Treasurer
snd Nose acting as sueh, the VARIOUS branch
N,nts already erected sud now erecting nil
collectors Of the customs all sur<N, ors Of the
customs aeiiog sIso % eOllrslors, all receiver.
Eeaeral Of public none ". all Iecs,,et. at
p1oiie rnone.s al the ssseTai land oiires ard
All pos,mss'ers. sxcspt NJ Is hereinafter par
''cnilriy provided. be. and they arc hsrsby.
required TO keep safely, without lsss ding or
using ell the public money collected D, the N.
or otherwise 81 sny time piared On their pos-
session and custody. till the same /, ordered
ny the proper department. ~ the Governmen,
10 be transferred or paid out aad whsn such
orders Ter trabsfsr or pay ment are received.
faithfully aud promptly g. make tie same "a
directed. and TO do aud peIGoIm ell other du.
ties % fiscal agents of the Government. N hieL
may be imposed by hi, or any other act, OF
Congress, ar by any. regulation of the Troa,u-
~ Department. made IN conformity Co iaw,
aud also 10 do and pcTf.,rm all ACT. and duties
required by law, or BY dHeciion OF an, Of the
Executive Departments OF the Government
s aSents Tor Paying pensions. or for making
! any oihrr disbursr ments which either Of the
heads OF those department is may ha required
by law TO make. aud which arc Of n ehar.e.
ter To he made by the drposi,aIiea hereb,
constituted, consistently with the other ofSciaI
duties imposed upon them.
! The lO'h seetiou'ensets-"That il shall he
lawful for the Secretary OF the Treasury TO
'rao'fer the moneys IN the hands 90 any depo-
| sitsry hereby eon1iituted. 10 the Treasu,y Of
the Uniiea States; 60 the Mint at PhiladeIphi,;
IN the Brsnrh Mint ut New Orleans: or To the
onlees OF either Of the Receivers General or
public moneys. by this sci directed to he ap-
pointed; 10 be there safely Kept, according 10
the provisions or this act; and also 20 transfer
moneys IN the hands OF any one deposiIsry
| constituted ny tina act TO any other depo,,t,ry
constituted by the same. aI hi. diseFetion. and
~ the safety of the public moneys. end the
eonventenee Of the public service, shaft seem
10 him 10 require. And for the purpose Of
payments on the public account. IL shall be
lawful for the Treasurer Of the United States
10 draw anon any Of the aid de posiiarie o, he
may think most conducive 10 the public late
rests, or TO the cOnTenieEee Of the public ere.
| diIors, or both.
The twelfth section enaets--'That when.
ever public moneys shall accumulate m the
honds of any depnstsry constituted by this act.
| other than the Treasurer oftho United states,
The Treasurer ofths Mint Of the United Staie,.
the TTeasurer OF the Branch Mint st New Or
leans. and the receivers general OF public mo-
ney. 60 an amount beyond that secured nv The
bond olihe officer. or which the Secretary Of
The Treasury shall, for any cause. consider
unsafe, and II shall not be desirable to trans
| lor 'he moneys 30 accumulated to any other
depositarJ, u shall be lawful for tie said Sc
ereiary 10 direct the said MONEYS, or any por-
ton thereof. TO he specially deposi ted in snci,
5lnk OF the State OF Territory wherein The
dePeaiisry Wbo j. 10 make the deposi,s /. ID.
Gated ~ he, the said Seeirerary, shall ,eIce,
and name Provided. The bank so selected
"i'l sgree TO receive and keep the mone,s de-
Poshed with II upon the terms and eonditiol.s
10 the next section OF this act prescribed.
The thirteenih section enaess-"That the
special depositts Of the public moneys auiho.
rized by the last preceding section Of thi.
act 10 be made in banks, shall be made upon
The following terms aud conditions, and upon
no other. namely:
First. All such dePosiies shall be strictly
special dsPosites; and the banks holding Them
anah ne prohibited, in the most edeciuai man.
ner: from making sny use Of the moneys de-
posted, by way OF loans, discounts, or in ANY
manner. or for any other purpose whstsoever.
and TO secure The fUl6iment Of :his condition
The Secretary Of the Treasury Is authorized
in bis discretion, To furnish the bsnLs selected
.. de 2os''s banks with safes for the keeping
OF the pubic moneys exeiusiVeiy, and under
Tue hhl eontroi OF the bank.and some de,ir-
mated oihcer Of the Government, or 10 sdop,
such other guards ~ he shall prefer.
second Nothing but gold or silver, or such
ho'es' bills. or paper. Issued under the author
ny o The United states ~ may be directed nv
lac 10 be received IN payment Of the pubii,.
dues she'll be offered Tor deposite, or received
Sions OF this act.
Third. All dsposi,ss shall be passed. upou
the books 81 the bank. 10 the credit Of the
JePo'iisIy making the same; but no mose,s
dePosifd IN pursuance Of this act shall be
Withdrawn without the express order Of the
secretary &c the Treasury for the pa, ment.
and no drafts Of tho Treasurer Of the United
States, or orders or warrants OF the Secretary
oi The Treasury, for ordinary transfs. or DDS.
h'iEsemebt, shall be made Upon Sny bank Ne
'eeted ., dcPosiis bank under ihn act
| Fourth A commission. such % shall he
agreed upan between the Secretary Of the
Treasury and the bank. not 10 any case 20 "a.
eesd one eighth Of oae per cenIum upon the
| moneys dePosiied With Il, shalt be aiiov ed
and paid by thu Uaited SJlIes IN fulI satisf,e-
ton oi ell claims on the part % the bank for
'rnu'le and risk growing out of the fecs,ta.
.sir-kes Plug. aud repayment Of the special
deP"-nss herein authorized To be made; al
accounts Toe commissions To be audited snd
pad al The Treasury Of the United states
Sec. u, snseis That the ss,d ofie,r,. r..
'Peet'ely, whuse duly u is made b, ihis se,
:" receive. keep. and di,burse tie pubic mo
"eys. ~ the hsesi sgspis d The Government
nay be allowed sry necessary additional e..
Pebses Zoe eiefks, IRE proof ehssls OF r.ult.
or other usSosssry exPsnscsbf safy.ks~piog
laundering. and dishursing e. "a moest.. 81
such expenses, Il every character. 60 b 6,.t
expressly auihoTiEed ~ ihs Secretary q m.
Treasury, shOse directions upon aiI tie above
SUBJECTS. by Wsy % regulation end othsf,s,ss
sFo 70 b strictly followed BY all the sid Oh
eers P'ouidfd. That the ubola oy,,l,.r =,
clerks 10 " appointed b. virtue II a.. see.
too 81 the set shall not eHeesd ten. aud a..
TIE aggregate cOmPsnssiioas II tbe y hols
number sbsll not exceed eirht fhou,s.4 Al.
lara. auf shall fha roasr-re.fsr- ~ -