Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-04-16

.urity Of any Of said notes, interest thefeoh sna'
cease at the expiration Of sixty days notice OF read
mess to pay and redeem the same, which may &C any
lime or times be given by the Secretary Of the
Treasury In one or more newspapers pubhshed al
the sest Of government The payment or redemP'
ton of said notes herein provided shall be made to
the lawful holders thereof respectively, upon pre-
sentiment at the treasury, aud shall include the Prn
cipal Of each note and interest which shall DO due
thereon And for such payment and redemption at
the time or times herein specified the faith OF the
United States is hereby sOemnly pledged
SEC g. And be Il further enacted, That sach treas-
ury notes shall be prepared under the direction OF
the Secretary of the Treasury, and shall be signed
in behalf of the United States by the treasurer there
Of and countersigned by the Register OF the treas
ury. Each of these officers shall keep Ia book or
books provided fer that purpose separate, full and
accurate accounts, showing the number, date
amount and rate of interest on each treasury note
signed and eountersigned by them, respectively !;
and also similar accounts showing all such notes as
NAV be paid redeemed, and cancelled as the same
may be returned, all which accounts shall De care
fully preserved in the Treasury Department. ana
the Treasurer shall account quarterly for all suen
treasury notes as shall have been cOuntersgned oy
the Register and delivered to the Treasurer for Is
sue.
SEC. f. Be Il further enacted, That the Secretary
of the Treasury is hereby authorized, with the ap
probation of the President, to cause such portion Of
the Treasury notes as MAJ be deemed expedient to
be issued by the Treasurer in payment Of warrants
in favor Of public creditors, other persons law
fully entitled to such payment, who may choose to
receive such notes in payment at par Aud the
Secretary of the Treasury is further authorized,
with the appreciation of the President, to borrow,
from time to time such sums of money upon the
credit of such notes the President may deem eX-
pedient: Provided That no Treasury notes shall be
pledged, hypothetical, sold, or disposed of in any
e vvho aithar diranflv
Indirectly, for any sum less than the amount of
such notes, including the principal and interest
thereof
SEC 5. And be il further enacted, That said treas
ury notes shall be transferable by assignment en-
dorsed thereon by the person to whose order the
same shall be made payable, accompanied together
with the delivery of the note so assigned.
SEC 6. And be 1! further enacted, That said
treasury notes shall be received by the proper Off
GERS in payment of all duties and taxes laid by the
authority of the United States, Of all public lands
sold by said authority, and of all debts TO the Uni
ted States of any character whatever, which may
be due and payable at the time when said treasury
notes may be offered in payment thereof; and upon
every such payment credit shall be given for the
amount of principal and interest due on the note
or notes received in payment on the day when the
same shall have been received BY such officer.
SEC. 7. And be It further enacted, That every col
ector of the CUSTOMS receiver Of public moneys, or
other officer or agent of the United States who shall
receive any treasury note or notes In payment on
account of the United States, shall take from the
holder of such note or notes a receipt, upon the
back of each, stating distinctly the date Of such pay
ment and the amount allowed upon such note; and
every such officer or agent shall keep regular and
specific entries of all Treasury notes received IN pay
ment. showing the person from whom received, num-
ber date and amount Of principal and interest allowed
on each and every treasury note received in pay
ment; which entries shall be delivered to the treas
urv note or notes mentioned therein, and, if found
correct such officer agent shall receive credit for
the amount as provided in the last section Of this
act.
SEC. 6. And bet further enacted, That the Secre-
sv of the Treasury be- and he hereby is authorized
to make and ISSUE from time to time, such nstruc-
tons rules and regulations to the several collectors
receivers, deposiaries, and all others who may be
required to receive such treasury notas in behalf Of
and as agents in any capacity for the United States
as to the custody, disposal canceling, and return
of any such notes as may be paid to and received by
them, respectively, and as TO the accounts and re-
turDs TO be made 10 the Treasury Department Of such
receipts as he shall deem best calculated to promote
the public convenience and security, and to protect
the United States well as individuals from fraud
and loss.
SECTION g. And be Il further enacted That the
Secretaryofthe Treasury be- andhe hereby is author
lied and directed to to be paid the principal
and interest Of such treasury notes may be issued
under this act at the time and times when, accord
ing to its provisions, the same should be paid And
the said Secretary is further authorized to purchase
said notes at par for the amount Of principal and
interest due at the time Of the purchase on such
notes And so much of any unspprOpristed money
in the treasury may be necessary for the purpose
is hereby appropriated to the payment Of the prin
cipal and interest of said notes.
SECTION 10 And belt further enacted, Thatinplace
of such treasury notes may have been paid and
redeemed, other treasury notes to the same amount
may be issued Provided, That the aggregate sum
outstanding under the authority of this act, shall
at no time exceed twenty millions of dollars: And
DroUiasd further That the power to issue and reissue
Treasury notes, conferred on the President Of the
United States by this act shall and determine
on the first day of January, 1859.
SECTION H. And 5sitflrthsr enacted, ThattO defray
the expenses of engraving printing, preparing and
issuing the treasury notes herein authorized the sum
of twenty thousand dollars is hereby appropriated
to be paid out of any unapprOpriated money in the
Treasury: Provided, That no compensation Chall
be made to any officer whose salary is fixed by law
for preparing, signing, or issuing treasury notes.
SECTIoN u. And bet further enacted, That if any
person shall falsely make, forge, or counterfeit or
cause or procure to be falsely made, forged eOun-
erfeed willingly aid or assist in falsely making,
forging or counterfeiting, any note In imitation Of
or purporting to be- treasury note issued afore-
said or shall pass, utter, or publish, or at
tempt to pass, utter. or publish, any false,
forged, or counterfeited note, puFportiDg to be q
treasury note as aforesaid, knowing the same to be
falsely made forged countereited, shall falsely
alter or cause or procure to be falsely altered or
willingly aid or assist in falsely altering any trea
sury mole issued as aforesaid, shall pass utter
publish or attempt, TO pass, utter, publish as
true any falsely altered treasury note, issued as
aforesaid. knowing the same TO be falsely altered
every such person shall be deemed and adjudged
guilty of felony; and being thereof convicted by due
course Of law, shall be sentenced to be imprisoned
and kept at hard labor for period not less than
three years. nor more than ten years. and to be fined
in a sum not exceeding FIVE thousand dollars
SEC. g. Ind Be IL further enacted, That if any
person shall make or engrsVe, or cause or procure
to be made engraved, shall have in his custody
and possession any metallic plate engraved after the
simlitude of any plate from which any notes issued
as Aforesaid shall have been printed with intent to
use such plate or cause suffer the to be used
in forging or eounterfeing any Of the notes issued
aforesaid shall have in his custody possession
any blank note or notes engraved and printed after
the smiitude of any notes Issued aforesaid, with
intent to use such blanks or cause suffer the same
to be used in forging or cOunterfeiting any Of the
notes issued as aforesaid, shall have in his Gus.
tody or possession any paper adapted to the making
Of sucb notes. and similar TO the paper upon which
any sucb notes shall have been issued with intent to
use such paper, or cause or suffer the same 10 be
used in forging or cOunterfeiting any of the notes
issued as aforesaid every such person, being thereof
convicted by due course Of law, shall be sentenced
to be imprisoned and kept to hard labor for term
not less than three Eor more than ten years, and
fined in sum not exceeding five thousand dollars.
SEC. IA. And be Il further enacted, That it shall be
the duv of the Secretary of the Treasury to cause
statement to be published monthly Of the amount of
treasury notes issued and paid and redeemed, under
the provisions of this act showing the balance out
standing each month.
Approved December %, 1857.
Pub. 4.
A RESOLUTION to authorize certain officers and
men engaged in the search for Sir John Franklin
to receive certain medals presented to them by the
government Of Great Britain.
RssolUedby the Senate and House Of Representatives Of
he United States Of America en- Congress assembled That