The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1841-06-26

State or the Tenofes thereof and for distributing
the same in payment of the public creditors, "''hou'
charging commissions, claiming allowance on ..
count of difference OF exchange, ana hhaH aso 10
and perform the several respective duties fomsry re-
qufed Of the commissioners of loans Tor the seSefai
States or OF any one or more Of them, whenever re-
qured by law.
See IL 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 es-
tablishcd shall be made in sand bank or branches
thereof unless Congress shall otherwise direct by law
and thai all public moneys deposit IN said bank or
standing on it, books TO the credit of the Treasurer
shall be taken and deemed 10 be in the Treasury OF
the United States and all payments made by the
Treasurer shall be in checks drawn on said bank
| Sec II. And be IL further eI,sctfd That the saiu
corporation shall not at any lime suspend or refuse
payment in gold and silver OF any OF It's notes. bills or
obligations nos any moneys received upon deposit IN
said bank or any OF its Offices OF discount and de-
pos and If the said corporation shall al any time re-
fuse or neglect pay, demand, any bill, note, or
obg alton issued by the corporation according to ne
contract promise, undertaking therein expressed, OF
shall neglect refuse 10 pay, on demand, any mo-
ncys received IN sand bank any Of It's offices alofe-
said deposit 10 the person or persons entitled 70
receive the same, then, and in every such case, the
holder of any such note, bill Obligation or the per-
son or persons entitled 10 demand and receive such
moneys as aforesaid, shall respectively be entitled To
receive and recover interest on the SAID bulls, notes
obig cations moneys until the same shall be July paid
and satisfied the rate of twelve per cent per annum,
from the time of such demand as Aforesaid Prorided,
That Congress may at any time hereafter enact laws
enforcing and regulating the recovery OF the amount
OF the notes bills obligations other debts, oil which
payment shall have been refused aforesaid, with The
rate o interest abov ementioned vestng jurisdiction
for that purpose any of the United States, or
Territories thereof, 40 they may deem expedent.
Sec II. And be IL further enacted, That if any
person shall falsely make, forge or counterfeit, or
cause OF procure he falsely made forged counter
fced or willingly aid assist in falsely making iorg
ing or counterfeng any bill or note IN imitation OF or
puporng be bill note issued byorder OF the SAID
bank or any order check the said bank or cor
poration or any cashier thereof; shall falsely al.
Ter or cause or procure be falsely altered willing
" aid assist falsely altering any bull or note Is
sued by order of the SAID bank any order or check
the sand bank corporation, any cashier there
of or shall pass utter publish, attempt TO pass,
utter publish true, any false forged or counter
felt bill note purportlng to be bill or note issued
by order of the sand bank any false forged or coan-
forfeited order check upon the said bank or copo
ration any cashier thereof knowing the same TO he
falsely forged counterielted or shall pass utter or
publish attempt to pass, utter or publish as true,
any falsely altered bill note issued by order OF the
SAID bank any falsely altered order check on the
said bank or coIporation or any casherthereol know
ing the be falsely altered with intention to
dcraud the said corporation any other body poll
tic person shall SELL alter deliver, cause 10
be Sold uttered delivered any forged or counterfeit
note or bill in imitation of purporting TO be bill or
note Issued by order OF the salu bank knowing the
to be false forged countericted, every such
person shall be deemed and adjudged guilty OF felony,
and being thereof convicted by due course of law,
shall be sentenced to be Imprisoned and kept to hard
labor for not less than three years more than ten
years shall be imprisoned not exceeding ten years,
and fined not exceeding five thousand dollars Pro
rided, hat nothing herein contained shall be CON
strued to deprive the counts OF the individual States OF
u jurisdiction under the laws OF the several States,
over any offence declared punishable by this act.
Sec 10. And be il further enacted, That ifany per
son shall make engraye, or cause or procure to be
made engraved shall have In his custody or pos
session, any plate, engraved after the slmilitude
of any plate from which any notes or bills issued
by The said corporation shall have been printed, with
intent TO such plate, cause suffer the sane 10
be used in forging countcreiting any of the notes
bills issued by the said corporation, shall have in
his custody possession any bank note or notes, bill
bills engraved and printed after the smllltude OF
any notes bills issued by said corporation, with in
tent TO such blanks suffer the same to
be used in forging counterietng any OF the notes
or bills issued by the said corporation shall have
IN his custody or possession any paper adapted to the
making of bank bills and similar the paper
upon which any notes bills of, the said corporation
shall have been issued, with intent 10 such paper
or suffer the same to be used in forging
counterieiting of the notes bills issued by the
said corporation every such person being thereof con-
vcted by due course of law, shall be sentenced to be
imprisoned for term not exceeding five years. and
fined in sum not exceeding one thousand dollars.
1 Sec. 20 And be il further enacted That if any off
GER agent, Of the said bank shall embezzle
or appropriate TO his own use any moneys goods eff
fccts funds of the said bank with intent TO cheat
defIaud the said corporation shall make false
tries upon the books OF the said bank with intent
deiraed the said corporation any other person what
soevcr such officer agent, servant shall be deemed
guilty OF felony, and conviction thereof shall be
fined al the discretion OF the court and imprisoned
exceeding SIX years.
Sec. u. And be 1t further enacted That no other
/ bank shall be established by any future law of the
United States during the continuance of the corpora
ton hereby created Prorided, That Congiess NAV
renew modify the charters OF the banks heretofore
established within the District of Columbia or estab-
lish other banks within, and for the use OF the said
District SO that the aggregate capital of all the banks
chartered for the said District shall not exceed the
sum OF five millions of dollars. And notwithstanding
the expiration OF the term for which the said corpora
ton is created, It shall he lawful the corporate
name STYLE and capacity for the purpose of suits and
for the final settlement and liquidation of the affairs
and accounts of the corporation and for the sale and
disposition OF their estate real personal and mix ed
but not Tor any other purpose or in any other man
ner whatever nor tor period exceeding two years
alter the expiration of the said term of incorporation
Sec. % And be II further enacted, That II the sub
scnptons and payments Ia said bank shall not be
made and completed q enable the same to com.
mence MS operations; or If the said bank shall
commence It's operations before the first Monday
IN April next, them and IN that case, Congress may
at any time within twelve months thereafter declare
by law, this act null and void ~
Sec 23 And be IL further enacied That whenever
committee OF either House of Congress appointed TO
inspect the books, and to examine into the proceedings
Of the corporation hereby created shall report that the
provisions OF this charter have been by the same viola
ted the President of the United States shall have
to believe that the charter has been violated
may be lawful Tor Congress To direct the President
to order scrc iacias hc sued out If the Circuit
Court OF The United States for the District Of Colum
bia IN the OF the United States (Which shall be