Cooper's Clarksburg register. [volume] (Clarksburg, Va. [W. Va.]) 1851-1861, 1856-04-18

Ii the. tobacco chewer should happen
to fall into Tue hands Of New Zealand
savages, or get shipwrecked in the Fee
jeean group. he willshave the consolation
OF knowing that he will not be cut into
steaks and buried without liturgy in the.
uuconsecTated stomach Of afcannibal. y
seq Vat. Magazine.
" " 7E2 - ~ 49, .Isg
Rcpienishmento the StateFfeasury.
A BILL 10 authorize the issue of treasury
nvteS. passed Ndrch 10Th, 1856.
l. Be it enacted by the General AS
sembly, that the Governor be and he is
hereby authorized to cause to. be prepar-
ed and signed in order to borrow money
thereon from time to- time, as hereinafter
provided, treasury hotes!for such sum or
sums as he may be advised by the
Auditor of Public Accounts that the
'xigencles of the government require for
purposes other than internal improve
ment,: provided. that the amount Of such
notes outstanding shall not exceed the
limits hereinafter mentioned. -s.+ 80
G. The said treasury notes shall be
made payable to the order of the person
or persons to whom they are given, in
also be payable at the treasury of the
Commonwealth not more than one year
after their respective dates. from which
dates until the dates at which they are
sever"lly payable and no longer, they
shall bear such interest as may be ex-
pressed on the face of said" notes which
rate of interest upon each several issue
of the said notes shall be fixed by the
Governor with the advice of the Auditor
Of PublIc Accounts but shall in no case
exceed the rate Of six per cent. per an
mum. The said notes shall be redeemed
and paid at the treasury, to the holders
respectively upon the warrant OF the Au-
ditOr Of Public Accounts and the said
redemption and payment. shall include the
principal of each note, and the interest
which may be due thereon ut the time of
payment. For which payment, at the
times and place herein after specified, the
faith Of the Commonwealth of Virginia is
s"Iemnly pledged.
g. The said treasury notes shall be
transferable by delivery and assignm ent
endorsed thereon by the person to whose
order the same shall on the face thereof
have been made payable.
i. The said treasury notes shall be re-
ceived by way of set off in liquidation OF
all taxes and debts due to the Common
wealth after the 30th of September next,
that being the close of the present fiscal
year, other than moneys due on sale Of
her bonds: provided that such taxes and
debts are due and payable at the time
when said treasury notes may be offered
in liquidation as aforesaid. And on eve
ny payment of taxes, credit shall be
given for the amount Of the principal and
interest which, on the day Of such pay
nent, may be due on the note or notes
thus given in liquidation thereof.
s. Any person making payment OF tax
cs to the Commonwealth and so Offering
such treasury notes in liquidation thereof
or any sheriff. collector Of the revenue or
other public officer or agent, shall en-
dorse thereon certificate of the date OF
such payment, of the sum, both in inter.
est aud principal due on such notes, for
which he was allowed credit, and Of the
debt on account of which such payment
was made. The sheriff, collector of the rev.
enue, or other public officer or agent, who
shall thus receive any of the said treasury
notes IN settlement Of taxes, shall, on pay>
ment OF such taxes into the treasury, have
credit for the amount due, both in inter-
est and principal on such note, com.
pounded up to the date of such settle
inent, and no longer as aforesaid, and
such notes shall be considered Cancelled
FROM the said date of such endorsement.
And no treasury note so endorsed with q
certificate rs aforesaid shall be afterwards
transferable.
6. The Auditor of Public Accounts is
hereby authorized and directed to cause
TO be redeemed and paid the principal
and interest of the treasury notes which
may be given for money borrowed by
virtue of this act, at the several times
when til" same according to the provi-
SiOns of this act, should be redeemed and
paid. And the said Auditor is further
authorised. with the advice and consent
of the Governor. to purchase the said notes
ut par for the amount Of the principal and
interest due at the time Of the purchase of
said notes. Aud so much OF any money
not otherwise appropriated, as may be
necessary therefor is hereby appropriated
for paying the principal and interest of
such notes.
7. The Auditor of Public Accounts is
further authorized under the advice, and
with the appreciation of the Governor, to
borrow from time to time such sums as he
may think expedient and necessary to
meet the public engagements. on the sale
Of such notes not under par. And no trea-
Surv note shall be delivered hv the A ud;tor