Wheeling times and advertiser. [volume] (Wheeling, Va. [W. Va.]) 1839-1849, 1841-12-28

seney established in my Static under the proyisons
Of ihis aci shall contrary 10 any law which such
State may craci. receive any other dct-,sites ,h,n
those OF Tho United States OF make or sell drafts. or
purchase bills olher Than such shall be necessary
an me collection, transfer and disbu rseinent Of de
public funds
See. IS. Aud he {; further enacted. Tha, fiat n.
ny time II shall be found Necessary 10 cary on the
operations oithe ENehrQuer Bnard ITS agencies here
by created. the Secretary OF the Treosprv may
cause to DC prepared. issued and delivered To the
ENeheqner Board certificates OF stock Of the United
S'a'ss' IN the usual FORM bearing interest at rate
no' preceding i've per centun per anunm 20 an a.
mount not exceeding 1--WE millions of dollars the in
ieresi OF which shall he redeemahle nj the Measure
OF the Government after The expiration OF twenty
years from tho issue thereof And il shall be law.
ini "r The said ENchequer Board sell and transfer
the sand stock for gold or silver coin, or bullion.
And u shall he the duty OF the EIchequef Board 10
provide for the punctual payment Of the interest on
the said stock as u shall become due, and f,r the
reimbursement Of the principal from The profits and
other means and resources OF the Board and rs a.
getcies. But the faith efthe Government never
iheless shall be pledged for the payment Of the in.
'eresi and the principal of snch stock.
SIC. Ii. And be IL further enacted That the
Board OF EHcheqncr and its several agencies shall
keep separate and distinct sets OF bpoks for the
purpose ct entering and recording. in one set all
Transactions respecting the collection keeping AID
Disturbing Of the public revenue. und transmitting
The public moneys from place to place fr the ser.
vice OF Government. and in another. all transact
ions and accounts arising from dealings m exchange
ami other Transactions not Government account.
And all profits accrung from dealing ia exchange
on individual account and from private deposites
shall he applied the rst place 10 pay all salaries-
AMI compens1iions, ard o. deiray oil expenses in
CURED under the authority OF this act and tho res
ldue thereof shall be placed Ia the credit ollhc
United States; Provided, nevertheless, That the
sid Board may defer all such credits TO the Trea-
sury, until the amount of profits Aforesaid shall
exceed two millions of dollars and may retain SAID
amount OF two millions y fund to meet all con-
unseneics ehargcablc on the Exchoquer or its agen-
cirs.
SEc. 10. And he IL further enacted. That if il
shall NJ any time become necessary 60 bring suit on
ony bll ofeXchangc other debt or liability aris.
ing ont OF any Transaction under the provisions of
tins aci such suit may be brought m the nano OF
the United States ia any circuit CourI of the United
Sinies.or any State Court having competent jurls-
diction.
SIC. l6 And be il further enacted. That IN,
necessary and vaults for tho safe Keeping of
The public moneys and for The Transaction of the
business Of the Bard of Escheqner and It's agrn-
cies shall be provided by the Treasury Department,
shs, miri, branch minis. ord other public buildings
/ helunging Ia the United States 80 far rs the sumo
eau he furnished without detrimeni 10 the public
service; and where the rannOt DO furnished
tho said board may provide others.
Sec IL. And be Il further enacted That il shs n
| he lawful l"r the said BJarl of Exchequer to ap-
i0int as agent for tho Board my specie paving
/ hank IN any State in cases whore Il may not be
deemed cHP0dIenG Ia establish IN Office or agency OF
the said Bari heretofore provided; but such bank
shall not he authorised IN any event TO receive de-
p1siles or 10 purchase sell bulls or drafts on nc
count ofIhe Board OF E1chcquer.
| SEC. g. And 10 IL further enacted, That III
aud exact accounts of the prbceedings OF the Bolrd
and IT'S several agencies shall 10 furnishes, 10 tho
Secretary of the Treasury ofteu rs no may pre-.
seube; aud II shall no the duty of the sail Secreia-
/ ~ 10 lay abstracts of the before Congress nj
| TIE commencement OF each annual session. and q,
furnish lull and particular accounts niil statements
"i the transactions uf the Board and its n-eucics
when required 10y Congress; anil the nmnunt of
treasury nulcs outstanding N the end Of ovcry
quarer shall there Alter rs the Same INV
he ascerlnined. be Published by tho Secretary OF
the Treasury.
SIC. 10. And he II further enacted. That irapy
member OF the ExrhSqucr Board, officer or clerk
employed ~ us business, any ui lis agents shall
convert I" his own u'o, In any way. any muney or
.ecuniy deposited With or belonging 10 the said
'"'i'""' utF "l Ms ngrnrtCS, or belonging % the
Uni'ed States, or any other per-an or persons dcul
ing or deposilInp With the SAID BOar or any agency
lac shall he deemed guilty OF felony. and. on cnri-
vcihn thereof before any OF the United States
ni competent Jurisdiction. shall he sentenced 90 inn
priSonmeni Tor term not less than nor
'npre Than - years md 20 fine equal 10 twice
The sum "r value OF the properly embrZz'cd
SEc %. And To- it further euacied Thai # any
officer or member OF The Beard of EIcheuuer or any
Of us agencies established under the provsioni of
This aei, shall give or sign a false certificate of a
deIositc having been made with any agency, or
shalt issue or deliver any drail bill of exchange
without having received the full amount thereof
AMI caused the receipt Of the same To I've duly en-
tered IN the bpoks Of the said agency or shall lie
guilty OF any other malpractice 10y which any res
possibility ofIhs said agency. Of the bnarI uf Ex-
chequer or OF the United Saies shall be improp, r
" created OF increased, he shall be deemed guilty
"i a misdemeauor. and. conviction thereof in a.
ny ConrI Of the United Suites ofcompeIenI inrislic
lion. shall be sentenced TO imprisonment for n term
not less than one year nor mlre than seven years
and TO fine eqnal Ia the Of the false cerli-
hrn'e 50 given, or Of the bill or draft 50 listed or
delivered or to The amount Of the responsibility 81
created or increased.