The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1842-01-15

0AA4 tES0AALE~ q Inc
Board and us agencies. But the
ial'h OF the Government, neverthe-
less, shall be pledged FOR the payment Of
the interest and the principal OF such
stock.
Sec. IA. AHd Be Il farther enacted
That the Board of Exchequer and is s.
yeral agencies shall keepa separate ana
distinct set of books, for the purpose Of
entering and recording, in one ac,. ali
transactions respecting the collection.
keeping, and discussing Of public reve-
nue., and transmitting the public moneys
from place to place for the service o.
Government, and IN another. all trans
actions and accounts arising from d,al-
ing IN exchage and other transactions
notonGovernmeRtaccOunt. And allprofits
accruing from dealing in exchange on
individual account and from private de-
post shall be applied in the Il rst place 70
pay all salaries and compensations. and
to defray all expenses incurred under
the aui hority Of this act. and the res
due thereof STALL be placed semi-annual-
ly to the credit of the Treasurer Of the
United States: Proride4. nsrsrfieIexs.
That the said Board may defer all such
credits TO the Treasurer,u the amount
of two millions of dollars. and nav re-
tain said amount of two millions as 4
fund to meet all contingencies charge
able on the Exchequer and It's ascn-
cies.
Sec. Is. AnI Be Il farther eaze,sf.
That If ii shall al any time become ne
cessary TO bring suit on aay bill of ex-
change or other debt or liability arising
oat of any transactions under the pro
visions Of this act, such suit nav D.
brought in the name OF the United
States in any Circuit Court of the United
States, or any State Court having com
petent Jurisdiction.
Sec. l6. Ind be q further enacted.
That the necessary rooms and vaults
for the safe keeping OF the public mo
neys and for the transaction OF the bust
ness Of the Board Of Exchequer and II.
agencies shall be provided BY the Urea
sury Department a; the city Of Wash
ington, and in the custom houses. mint.
branch minis, and other public buildings
belonging TO The United States. 50 far as
the same can be furnished without
detriment TO the public service: and
where The sumo cannot - 50 fur
nishcd, The said Board may provide 9th
crs.
Sec. II. Aad Be Il fartser qaacfrI
That it shall be lawful for thc said B1asl
of Excbequer 10 appoint rs agen, tor
the Board any specie paying bank in any
State IN cases where il NAV not be deem
ed expedient 10 esta blish an Office o.
agency of The said Board, rs herciabe
fore provided; but such bank shall Tot b
authorized in any event to receive De
posts or to purchase or sell bills oil
drafts on account of the Board OF Exche
quer.
Sec. 10. And Be Il further enacted
That full and exact accounts OF the pro
ceedings of the Board and lts severa
agencies shall be furnished TO the Sec
re;ary Of the Treasury as often as b.
may prescribe; and it shall be the dutl
Of the said Secretary to lay abstracts o
the same before Congress az the CON
mencement OF each annual session, an
to furnish full and particular accounts az.
statements of the TRANSACTIONS of tn
Boz I'd and It's agencies when require
by Congress; and the amount OF Trea
lsury notes. outstanding at the end Q
every quarter shall, SO soon hereafter a
the same may be ascertained, be put
lished by the Secretary Of the Treas
~.
Sec. 10. lind be IL further eHacfss
That if any member of the Excheqae
Board, or any officer or clerk empioye
i, in its business or any Of lis agencie
, shall convert TO his own use, IN an
: way. any money or security depOsIie
t With or belonging to the said board c
any of its agencies, or belonging to Ii
United States, or any other person q
} persons dealing or depositing with II
said Board or any agency, be shall
i deemed guilty Of felony, and, on eonvu
: ton thereof before any court OF III
r United States of competent jurisdiction
/, shall be sentenced 10 Imprisonment for
D term not less than - nor more tia
t years, aud to fine equal 10 tviC
the sum or value of the property emse
!. zled.
: Sec. 20. And Be Il farther eAacie
c That If any officer or member of Il
S Board of Exchequer, or any Of
e agencies established under the PrOvI
) ions of this act, shall give or sign
r false certificate of u deposit haviI
i been made with any agency, or sh'
J. issue or deliver any draft or bill OF c
r change without having received the ~
Il value thereof, and caused the receipt
J. the same to be duly entered IN q
i books Of the said agency, or shall
J guilty of any other malPrac;ice
J. which any responsibility OF shs -
v AGENCY. or of the Board of Excheqas