The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1842-01-06

NJ mA1ss ~ NE ofsah q !. asNr rDIs
hlsd 20 FseriFe Il. IN 90
or n TteasnFF noes. IL. .,..s.5
Sc. 4. .2ad be II 80 ~ CO..
That he .aid EErhsf f..s-,..,,,,.r %.
sh.llPsrfaFa Tie aos:b.et,p.i..n.. m.ns-
ofLoln,. arser,sI a. s',,s.,is ,nd
fsrring slork. and !. n. g,,.r,,.rs n
,ss s-s,.'.,sIE 'rrasaEy. and sh'll
- -ssursr Of me Unllrs
S'a.1 ~ i.,.y f.sl'iiiss for rms
% 81 Tt,iag The ruhl'e fu,.as as
.h',' - Escl b. hin, aud shsll per
iorm.m ,Eults If Psnsion Tgsh's under
-. -. f,Os r's-erlbsd By the s'ers'
Esr snd shai! sender and pr
. 1oshes dulles and services IN rsla.
80; the e0lseanr. ssle ksspns ard
ysins nf The Psblie lpI.is - shall be
n.Iub.; b. la~ or BY The Secretary oil
,yrresuTy. -.-.
Sec. 5. Ind Be & further enacted.
Iia, i shsli bs lsslul Tor The Exchsqusr
n The Seat Of GOSsTnmsni. and rs ssSe.
Ir.I arneis.. 10 receive On private JepOsiIe
! soil and silver coin or buliipn. the pro
nsIy Of individuals, Co be held - IN 9th
q es.es Of deposste made b. iaais'jusls
~ convenience add security; aud 10 issue
fer i6cslss OF the fact 81 each depnsiIs
having been made; which certificates shall
falwsys be redeemed on PrssenIa.ien q.
the agency where issued. Bat the .
mount 20 deposited shall asser exceed IN
she Whole fifteen millions ct dollars. 10
be distributed by The Bnard among the
several agencies according to the exient
nf lhsir business respectively; and for is
suing such eerIi6ssiss no higher permium
thsll be demanded than shall be sufficient
u Indemnify agsinsl the hazard Of loss
snd rtmunerals lar the cafe keeping OF
ihe depositr. and in no instance To Exceed
she one half Of one F.r cent. But paper
issued By the Board and its ssEersl agen
ciss; wEsIher in The form Of bills or OF
certificates Of deposiie. shall be rsdeema-
bic only al the place where issued, unless
the Board shall zee Cause 10 order other.
wise.
Sec. 6. ind be Il further enacted,
That II shall be the daly Of the said Board
of Erchequer. within Ih'.e months alter
its fret oIgsniz a,inn, to establish such by
laws and rules of preceding as II may
judge sxpedienl aud proper for the regu-
lauon OF lie concerns and tie government
Of its agencies; and copies al al existing
bylaws and regulations shall he laid be-
lore Congress every year a. lis annual
session.
Sec. Z. .7ad Be Il jurtisr enacted.
That the Secretary Of tie Treasury is
hereby author ed aud directed 10 cause
80 DC r--r.red Treasury notes 81 denom-
nations NOT less than eve dcilafs nor
exceeding one lhon.sni dollars. which
no,es shall be s;gne9 BE- the Treasurer
al The Uaiied States and ccun,eIsigned by
abe President of,hs DostI Of Esehequer.
and made payable to be order Of The prin-
siPsl agent ., each agency. and shall be
by him endorsed shsn issnrd al such
agency. and shich holes shall be redpems-
bic and SHALL be redeemed in geld and sil
yer. on demand. 81 the sgsrey wtere issu
ed, aud Ttsssury noi.s ,atended 10 be is
sued b. the Board Of ExchequcT al the
seal oi Go,efnasn. shall be in like form.
and shall be payable to the order OF the
Commissioners, and shall be endorsed hy
ssmc ene Of thrm when issued. and shall
be redeemed. at laid Basrd. on demand.
IN gold and silver; and exact ard perftc
lists oil Ill notes 90 signed shall be kept
al The Treasury; and all Treasury notes
issued under the authority Of this &C, may.
~henredesmrd, be re issuedby The Board
and lis agencies respectively.
Ser. 8. find be IL fur!ksr enacted.
That The sthoun' Of Treasury nDIes issu
ed and Outstanding shall not. a. any one
time, exceed The sDouut OF fifteen millions
OF dollars, unless Otherwise ordered or
provided by Law; and the Secretary Of
the Treasury j. auhorizsd. from time tc
dime, On the application Of The Board of
ExrheQIer. 10 Iurni.h for its own use and
that of lie several agencies q suitable
sW0unt O! sGch notes. 10 be used m The
transaction, OF its business; and all durs
10 The unied States. or any Office or de-
parlmeas thereof. may be paid 10 gold or
silver cain. 10 Treasury notes i'sued IN.
der this act, or ia the ng:es OF banks
which shall be i,srledIsisly convertible
into specie al The place where received.
See. 6. And be IL further enacted,
That The Boar. Of Exeaequer at the seat
oil Government and each Of iIs agencies
shall settle weekly. o. oiisnsr. wnh all
ssak' in Sheis neish1oIhood whose paper
sil y may have received. anil pay or col
iect az the case III be. al balances be-
tween it sad ssia bsnis; and no indr,itlu-
al shah be s.iUw,d 81 any time TO stand as
hs5'or TO The EEchceues or any of il.
agencies la account; and il shall be the
duty OF tie SAT- L ard OF Exchequer, and
each OF h'ssEe:s! assnclss. At al times.
81 to liais is n.ues .aa, its gold and sill. |
yer On and shah ke ent.l o., .,.,s iii r