Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1847-02-11

residing therein.
Approved January 26, Is47.
[PUBLIc-No Al
AN ACT authorizing the issue Of treasury notes. and for other
purposes.
by the Senate Of Representatives. Of
the UHted States Of AerIcd an Congress assembled That
the President Of the United States hereby authorized
notes. for such the exgencieS
of the government may Ieqare exceeding the
whole amount Of is>ued the Of twentythee mill
ions Of dollars and Of denominations less than fifty dol
lars for nOte to be prepared signed and issued in
the manner hereinafter provided
SEC p And be further endcted That the said treasury
notes authorized be issued by the first section Of this
shall be reimbursed and redeemed by the United States the
treasury theIeo alter the expiration oil one year or two
years from the dates of the said notes Tespecvely from
which said dates they shall interest until they shall
be respectively redeemed shall expressed the face
Of the said which rate Of interest upon each several
issue of the said notes shall be fixed the Secretary of the
Treasury, by and with the advice and appreciation of
Presidents but shall in exceed the rate Of interest
of six centum per PrOUided, That after the
maturity Of said notes. interest shall the
expiration Of sixty days. notice, be given time by
the Secretary Of the Treasury Of the prnc
pal papers published at the seat Of government of read
ness redeem The reimbursement herein pro-
vded for shall be made at the treasury Of the United States
to the holders Of the said notes respectively, present
ment and shall include the principal Of each and the
interest which may be due thereon the time of payment
For this reimbursement the time and times herein specif-
ed the faith Of the United States hereby solemny ped
ed.
SEC g. And De further enacted That the said treasury
shall be prepared under the direction Of the Secretary
Of the Treasury and shall be signed behalf Of the Uni
ted States by the Treasurer thereof and countegned by
the Register Of the Treasury and that those officers
spectively SHALL checks each other and TO
the public safety keep separate full and
Of the NUMBER date denomination and amount Of all The
signed and by them respectively which
said account shall be entered in book books be provi
ded for that purpose and carefully the Treasury
Departments and also similar accounts kept aud preserved
in the manner, of all the said redeemed the
same shall be returned and cancelled and the Treasurer
shall further quarterly for all such delivered
to him for signature issue by the Register The Teasu-
and Register of Treasury hereby authorized by
and with the consent and appobon OF the Secretary Of
Treasury to employ such addional temporary clerks
dulles upon them by this act may render necessary
Provided, Said shall not exceed FIVE. and with
salary OF not more than at the rate Of twelve hundred dol
lass 10 each per annum
A And be further enacted, the Secretary
the Treasury hereby authorized with the APPRECIATION Of
the President Of the United States issued
potion Of the said treasury may
expedent in payment Of debts due by the United States
such public creditors other persons may choose
eeive payment as aforesaid at par And the
Secretary Of The Treasury further authorized with the a
probation Of the President Of the United States to
from time 10 to time such the President think
ezpeden the credit Of such notes. Provided hOcere
That no treasury notes shall be pledged hypothetical sold
disposed Of 10 anywe, for any purpose whatever direct
~ indirectly. for any amount OF suci
notes. including the principal and interest thereon, when dis
posed OF.
s. And be it further enacted That the said easur,
notes shall be transferable, by delivery and assignment
dosed thereon by the to whose oder the shall
the face thereof have been made payable.
SEC And be 1t further enacted That the said
notes shall be received Of all duties aud
lad by the authority O the United StdeS, 81 all public land
sold by the salt authority AID 4 all debts the Unite
States any whatsoever, be
PAYABLE at ihe time when said treasury may be Of
feed payments and every payment credit shall
be gwen Tor the amount Of the principal and interest which
on the day Of such payment may be due on the note or note
thus given m payment
SEC T. And be 1t further enacted That every collector
receiver Of public other officer Of tn
United States, SHALL the receipt of treasury
payment for the government from the holders thereof
receipt the back Of each Of said notes. stating distnct
and the received and shall keep accordD
to form shall be prescribed by the Secretary of
Treasury entries Of whom receved the NUMBER date
respective Of principal and interest Of each
treasury thus received and delivering
same 10 Treasury, shall receive credit for the
paid prescribed in the last seetOn provided sha
appear
SEC s. And be IL further enacted, That the Secretary
the Treasury is hereby, authorized and direcie
be reimbursed and paid the principal and ntere
Of the treasury which may be issued by virtue Of III
act at the several time and times when the accOdn
the provisions Of this act, should be thus reimbursed
p3d And the said Secretary further authorized TO
purchases the said notes for theamoun Of the prime
pal and interest due at the time Of purchase such note
And much OF unappropfiaed money in the treasury
may be for that purpose hereby appropriated
paying the principal and interest Of said notes.
SEC. g. And be further enacted That il any person sha
falsely make, forge, c0unterfe procure
falsely made forged, counterfeited willingly aid
in alsly Making forging counerfeiting, any
imitation Of purpoTing to be, treasury note afoesai
shall falsely Alter procure to be falsely ate
ed, willingly aid assist in alsel altering, any
issued aforesaid, shall pass utter publish,
attempt TO pass, utter, publish as true false forged
eounteeted note, purportng to be treasury note afor
said knowing the to be falsely forged counerfete
or shall pass utter publish true, any falsely alter
treasury note issued aforesaid, knowing the
falsely altered, every such person shall be deemed
.djudged guilty Of felony and, being thereof convicted
due course Of law shall be sentenced to be imprisoned
Kept at labor for period not less than three years