Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1841-07-03

AAll have been; one half thereof to the Of tho
nforner, and the other half thereo: 10 the use Of
the United States, to be recovered in any action OF
| law, with costs of suit.
| Sec ID. And be IL further enacted, That If the
snid corporation shall advance or lend any sum Of
money for the use, or on account of the Govern.
ment of the United States, to an amount exceeding
three millions of dollars, for the use, or on nc-
coant of any particular State to an amount not
exceeding one hundred thousand dollars, (unless
authorized by law all and every person and per-
sons BY and with whose order, agreement, con-
sent, appreciation, and connivance, such unlawful
advance or loan shall have been made, upon con-
vicon thereof shall forfeit and pay for every such
offence treble the value or amount Of the sum or
sums which have been unlnwfullly advanced or
lent; one-ffth thereof to the of the informer,
and the residue thereof to the use Of the United
States.
Sec. Ia. Andb it further enacted, That the bills
or notes of the said corporation originally made
payable, or which shall have become payable on
demand shall be receivable in all payments to the
United States, unless otherwise directed by act Of
Congress.
Sec. 10. And be il further enacted, That during
the continuance of this act, and whenever required
by the Secretary of the Treasury, the said
corporation shall give the necessary facilities
for transferring the public funds from place to
place within the United States, or the Territories
thereof, and for distributing the same in payment
of the pubic creditors, without charging commits
sons, or claiming allowances on account OF difer-
ence Of exchange, and shall also do, and perform
| the several and respective duties OF the commis-
sioners of loans for the several States, or of any
one or more of them, whenever required by law.
| Sec l6 And be ii further enacted, That the de-
posts of the money of the United States, In places
| in which the said bank and branches thereof may be
established shall be made in said bank or branches
thereof, unless Congress shall otherwise [direct]
| L a. al IN IN
bank, or standing on its books to the credit OF the
the Treasurer, shall be taken and deemed to be in
the Treasury of the the United States, and all pay
mens made by the Treasurer shall be in checks
drawn on said banks.
Sec II. And be ii furihen enacted, That tho
said corporation shall not, at any time suspend or
refuse payment, in gold ind silver, of any of its
notes, bills or obligations nor of any moneys re-
ceved upon deposit in said bank, any Of its Of
fees of discount and deposit; and if the said cor
poraton shall at any time refuse or neglect to pay,
on demand, any bill, note, or obligation, issued by
the corporation according to contract, promise or
understanding therein expressed, or shall neglect
or refuse to pay, on demand, any moneys received
in said bank, or in any of its offices aforesaid on
deposit, to the person or persons entitled to re-
celve the same, then, and in every such case, the
holder of any such note, bill, obligation, the
person or persons entitled to demand and receive
such moneys aforesaid, shall respectively be en-
titled 10 receive and recover interest on the said
bills, notes, obligations or moneys. until the same
shall be fully paid and satisfied, at the rate of
twelve per cent. per annum. from the time of such
demand as aforesaid Provided, That Congress
NAV at any time hereafter enact laws enforcing
and regulating the recovery Of the amount of the
notes. bills or obligations, other debts, of which
payment shall have been refused as aforesaid, with
the rate of interest above mentioned vesting iuris-
dction for that purpose in any courts of the Uui-
ted States or Territories thereof or Of the several
States as they may deem expediert
Sec %. And be it further enacted, That Con-
gress the right to limit or extend the ime
for which the said corporation may discount notes
I or bills of exchanges and to pass all laws which
may be necessary to carry into effect the provisions
of this act, according 10 the true intent and mean
ing thereof; and it shall not be deemed any in
fringe ment of the privileges conferred by this act
for Congress to direct tine placing of Offices of
discount and depositc in any such places as
may be necessary and proper for the collection
safe keeping, and disbursement of the public
revenue