Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1838-02-03

consent OF the President, with sureics to the sat-
isfacti%p Of the Solicitor Of the Treasury; and
shah from time to time, renew, strengthen and
increase, their Official bonds, the Secretary Of
the Treasury, with The consent o. the Presi-
dent, may direct; any law in reference to any Of
The official bonds Of Of the said officers to the
contrary Notwithstanding.
SEC. 9. And be 1t further enacted, That it shall!
be the duty Of the Secretary Of the Treasury, al
rs early day possible after the passage Of this
act to require from the several repositories here
bv constituted, and whose official bonds are not
| hercinbefore provided for, to execute bonds new
and suitable in ,hcir terms, to meet the new and
increased duties imposed upon them respectively
by this act, and with suretics and III such
shall reasonable and safe to the Solicitor of
the Treasury, and from time time to require
such bonds to be renewed and increased in ID
mount and strengthened by new sureties to meet
any increasing responsibilities which may grow
out of Accommodations Of money in the hands Of
the depository, out of other duty
sponsibity arising under this or any law of Con-
gross.
SEC. o. And be it further enacted That ali
collectors and receivers of public money, of eve
ry character and description, within the District
Of Columbia, shall, as frequently they may be
directed by the Secretary of tho Treasury 50 to
do, pay to the Treasurer of the United States
at the Treasury thereof, all public moneys col
lectcd by them, or in their hands; that all such
/ collectors ana receivers OF pubic moneys WuniH
the cities Of Philadelphia and New Orleans shall,
: upon the same direction, pay over to the Treas
urers Of the MINIS in their respective cities, at
the said MINIS, all pt:.'ic moneys collected by
them, in their hands; and that all such col
!cctors and receivers of public moneys within the
cities of New York, Boston, Charleston, and St.
Lolis, shall. upon the same direction. pay over to
the Receivers General OF Public Money in their
respective Cities at their Offices respectively, al!
the pablo moneys collected by them, in their
hands, to be safely kept, by the said respective
dep Jsitorics, until otherwise disposed OF accord
ing to law; AMI it shllI be the duty of the said
Secretary to direct such payments, by the said
collectors and receivers, at ali the said places, AT
least often once in each month, and as much
more frequently, III all cases, as he, In his dis
erection, may think proper.
SEC. 10. And be is further enacted, That II
shall bc lawful for the Secretary of the Treasury
to transfer the moneys III the hands OF any dc
! pository hereby constituted 10 the Treasury o
c the United States; to the Mint at Philadelphia
, to the Branch Mint at New Orleans; to the of
ficcrs of either of the Receivers General of Pub
lic Money by this act directed to be appointed
10 DC there safely kept, according TO the provis
IONS of this act; and also TO trars.~c moneys AZ
, the hands of any one depository constituted by
this act to any other depository constituted by
the same, at his discretion, and as the safety o
the public moneys, and the convenience OF tn
c public service shall seem to him to require. AM
G for the purpose of payments on the public &c
{ it shall be lawful for the said Secretary
u draw upon any of the said repositories, he ma
l. think most conducive of the public interests
,r or TO the convenience of the public creditors,
l. both
l. SEC. IL. And he it further enacted, That th
C moneys III the hands, care, and custody, OF any
j. the repositories constituted by this act, shall h
S considered and held as deposited To the credit
II the Treasurer of the United States; and eac
II depository shall make returns to the Treasur
:. Department of all moneys received and paid b
I'd him, a: such times, and in such form, shall
ID directed by the Secretary of the Treasury.
l. SEC. II. And be IL farticr enacted, TIL;
r. whenever public moneys shall accumulate In IN
ID hands of any depository constituted by this nc
10 other than the Treasurer of the United State
the Treasurer of the Mint of the United State
&c the Treas urer of the Branch Mint at New u
d. leans, and the Receivers General Of Public Mo
l. CIV. to an amount beyond that secured by the boz
Of OF the officer. or which the Secretary OF Il
III Treasury shall, for any cause consider unsat
IS and it shall! no, be desirable transfer the mo
DC cvs SO accumulated to any other depository,
of shall he for the said Secretary to direct q
I'd said moneys, or any portion thereof, to be spc
IL ally deposited in such bank of the State, or IL
nc ritory. wherein the depository who Is to make 4
IL dcposite is located, as he. the said Sccretal
TO- shall select and name Proridcd. That bank
of selected will agree to receive and keep the me
ve cys deposited within it upon the term and con
d. tlons In the next section of this act prescribed.
or SEC. 49, And be it further enacted, That I
&C. special dcpositcs of the public money authorz
by the last preceding section of this act to
y,c made in banks, shall be made upon the fo!owi
of terms and con litions, and upon other, nan
RS. ly:
en- First. Ali such depos;tcs shall be strictly 81
H. c;al dcpo>ites: and the banks holding them sh
Is be prohibited l., the most effcctuai manner, fr
n mixing any use o. The moneys deposited,
lie wav of loans. discounts. or IN any other mimi
ST. or for any other purpose whatsoever; and to
r,- cure the fuimeut of this conl,.ion. the oecre
CD nv Of the Treasury is authorised, N MS disc
l,c ton, to furnish the banks selected depns
nv banks. with safes for the keeping OF the pa,
I'LL moneys exclusively, and under the joint cont
or Of the bank and some designated officer OF
or Government. to adopt such other guards
or he shall prefer.
to Second. Nothing but gold or silve or, or 81
cr- notes, bills, paper, issued under tho author
oy- of the United States. US may be directed by
nv to be received IN payment of the public dJ
of shall be offered to dcposite. or received by
i,y bank as a deposite, under the provisions OF
md act.
of Third All depositcs shall be passed. upon
nj books OF the bank to the credit Of the deposit