Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1847-02-12

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collector, receiver of public moneys, or other Off
Ger or agent of the United States, shall on the re-
ceipt of any treasury notes in payment Tor the GO
vefnment take from the holder thereof receipt on
the back of each Of said notes, stating distinctly
the date and the amount received, and shall keep,
according to such form as shall be prescribed by
the Secretary of the Treasury entries Of whom re-
ceiyed the number, date, and respective amounts
of principal and interest of each and every treasu
nv note thus received and on delivering the same
to the Treasury, shall receive credit for the amount
paid prescribed in the last section, provided no
errors shall appear.
Sec. g. And be 1t further enacted, That the
Secretary of the Treasury be, and he is hereby,
authorized and directed to cause to be reimbursed
and paid the principal and interest of the treasury
notes which may be issued Ivy virtue of this act at
the several time and times when the same, accor-
ding to the provisions Of this act should he thus
reimbursed and paid And the said Secretary is
further authorized TO make purchases of the said
notes at par tor the amount Of the principal and
interest due at the time of purchase such notes.
And so much OF unaPpropriated money in the trea-
sury as may be necessary for that purpose, s mere
by appropriated for paying the principal and inter-
est Of said notes.
SECS. And6eh further enacted, That if any per-
son shall falsely make. forge counterfeit or cause
or procure to be falsely made, forged, OF counter
felted, or willingly aid assist i'll falsely making
forging, or counter.etimg any note in lmatio of,
or purporting to g, treasury note aforesaid or
shall falsely alter cause procure to be falsely
altered, or willingly aid assist in falsely altering,
any treasury note issued as aforesaid shall pass,
utter, or publish. attempt TO pass, uttr put
Iish as true, any false, forged couneTeited note,
purporting to be treasury note aforesaid, !;
knowing the same to I've falsely forged or counter
feited. shall pass, utter, publish true, any
| falsely altered treasury note issued aforesaid, |
knowing the same to he falsely altered, every such
person shall be deemed and adjudged guilty of fell
ony, and, being thereof convicted, by due course
of law shall be sentenced to he IMPRISONED and
kept to hard labor for period not less than three
years not more than ten years, and to be fined
| in sum not exceeding five thousand dollars.
| Shc. 10. And he 1t further enacted, That, if
any person shall make or engrave, cause or pro-
cure to be made or engraved, shall have in his
custody or possession any metallic plate engraved
after the simi.itude of any plate from which any
notes issued as aforesaid shall have been printed,
with intent to use such plate, cause suffer the
same to be used in forging counterfelting any
of the notes Issued as aforesaid, or shall have in
| his custody or possession any blank note notes
engraved and printed after the SINH itude of any
notes issued as aforesaid, with intent to use such
blanks cause or suffer the same to be used in
forging counterfeiting any of the notes issued
as aforesaid, or shall have in his custody pos
session any paper adapted TO the making of notes
and similar to the paper upon which any such
notes shall have been issued, with intent to
such paper suffer the to be used
in forging c0uHterttitIng any Of the notes ssu-
ed as aforesaid every such person. being thereof
convicted by due course OF law, shall be sentenced
10 be Imprisoned and kept to hard labor for term
not less than three nor more than ten years, and
fined IN sum not exceeding five thousand dol
lars.
SEC. II. And be it further enacted, That the
Secretary of The Treasury be- and he is hereby,
authorized TO make and issue from time to time,
such instructions, rules, and regulations to the
eral collectors, receivers OF public money, depOslta-
res, and all others who may be authorized to re-
cevc the said treasury notes on behalf of, and as
agents in, any capacity for the United States, as
to the safckeeping, disposition. return, and cam
ceiling of the said notes paid to and received by
them, respectively, and as TO their accounts and
returns to the department of such receipts may
seem 10 him best calculated to promote the public
interests and convenience, and secure the United
States and the holders of the notes against fraud
and losses.
SIC. 10. And be it further enacted, That, in
lieu of the notes authorized by this act which may
he redeemed, other notes may he issued PrOrtded
holcerer, The amount Of such notes outstanding
together with the stock issued 10y virtue of the
thirteenth and sixteenth sections of this act, shall
not exceed the sum oftwenty-hree millions of dol
lars.
> SEC. 49, And be it further enactad, That ii
shall be lawful for the holders Of the aforesaid trea
sury notes to present them, at any time, to the
treasury Of the United tates or to any assistant
treasurer or to such collectors of the customs and
receivers of the public moneys may be designa-
ted by the Secretary Of the Treasury and the ho.
dcrs OF said treasury notes shall lie entitled 10 re.
ceive therefor the amount of the principal of the
said notes in a certificate certificates of funded
stock, bearing interest at SIX per centum per an.
nun, from the date of such presentment of said
treasury notes and for the interest shall be paid in
money and the stock thus to be issued shall be
transferable on the books of the treasury Proui
= dcd, ho'cerer, And be it further enacted, That il
shall be lawful for the United States to reimburse
y the stock thus created, at any time after the last
day of December, one thousand eight hundred and
slXty-seven.
SEC. ID. And be 1t further enacted, That il
shall and may be lawful for the holder of any trea
sury notes issued or authorized to be issued un
y der this act any laws heretofore passed, to con-
y vert the into certificates of funded stock, p
on the terms and ia the same manner here
nbefore provided II relation to the treasury notes
:, ;, authorized by the first section of this act.
SEC. Is. And be it farther enacted, That the
authority to issue treasury notes authorized by the
." Act authorizing an issue Of treasury notes and
loan" approved July twenty second, one Thousand
+, eight hundred and forty-Six, lie, and the SINE is
" hereby, extended to the period fixed for the
treasury notes authorized by this act, and upon
the same terms and conditions herein specified
. Prorided, That the treasury notes authorized By
this section shall not exceed five mil ions of dol
lars.
i SEC. Is. And be it further enacted, That thu
President if in his opinion it shall be the interes
OF the United States so to do, instead of issuing
! the whole amount of treasury notes authorized BY
the first section of this act, may borrow, on ;he
credit OF the United States such an amount o
u money as he may deem proper, and issue therefor
;, stock of the United States, bearing interest at
rate not exceeding six per centum per annum Ton
the sum thus borrowed, redeemable after thirty
y first December, eighteen hundred and sxty-seven
:, Provided, h0Uever, That the sum so borrowed
together with the treasury notes issued under the
y first and twelfth sections of this act outstanding
y and the stock created by this and the thirteenth
sections of this act, shall not in the whole exceed
;. the sum of twentythree millions of dollars; Ana
u prouided further, That no stock shall be issued a
less rate than par.
SEC. II. And be it further enacted, That th'
interest on the stock created by this act shall bt
- payable semi-annualy on the first days of Janua
n I,l,