Delaware State journal and statesman. [volume] (Wilmington, Del.) 1855-1870, 1861-08-20

PURLlc-No Al.
AN ACT supplementary to an act entitled 'An
act TO authorize National Loan, and for other
purposes"
Be il enacted By the Senate and House Of Re-
presenfdtiges Of the Tinted States Of 1mericd, in
Congress assembled, That the Secretary Of the
Treasury is hereby authorized to issue bonds Of
the United States, bearing interest at six per
centum per annum, and payable at the pleasure
Of the United States after twenty years from
date and if any holder of Treasury notes,
bearing interest Mt the rate of seven and three
teHths per centum, which may be issued under
the authority of the act to authorize national
loan and for other purposes, approved July
seventeenth, eighteen hundred and sixty-One
shall desire to exchange the same for said bOnds
the Secretary Of the Treasury may, at any time
before ut the maturity of said Treasury notes,
issue to snd holder, in payment thereof, an
amount of said bonds equal to the amount
which, at the time of such payment or exchange,
may be due on said Treasury notes; but no such
bonds shall be issued for IL less sum than five
hundred dollars nor shall the whole amount of
such bonds exceed the whole amount of Trea-
sury notes bearing seven and three-tenths per
centum interest," issued under said act; and any
part of the Treasury notes payable on demand,
authorized by said act, may be made payable by
the Assistant Treasurer at Saint Louis, or by
the depositary at Cincinnati.
Sec, .. Ind be ii fufthef enacted, That the
Treasury notes issued under the provisions of
the said act to authorize national loan and for
other purposes or of any other act now in force
authorizing the issue of such notes, shall be
signed by the Treasurer of the United States, or
10y some officer of the Treasury Department,
designated by the Secretary Of the Treasury, for
said Treasurer and countersigned by the Regis-
ter of the Treasury, or by some officer of the
Treasury Department, designated by the Secre-
tary of the Treasury, for said Register, end no
Treasury notes, issued under any act, shall
require the seal of the treasury Department.
Sec. g. And be FURTHER enacted, That so
much Of the act to which this is supplementary
Ms limits the denomination Of q portion of the
Treasury notes authorized by said act Mt not less
than ten dollars, be and is so modified ms to
authorize the Secretary of the Treasury to fix
/ the denomination of said notes at not less than
4 five dollars.
Sec 4. dad be il further enacted That, in
addition to the amount heretofore appropriated,
the sum of one hundred thousand dollars, or so
much thereof as may be necessary, be aud the
same is hereby appropriated, out Of any money
in the Treasury not otherwise appropriated, to
nay such expenses, commissions. or compensa.
ton as may be necessary, in the judgment of the
! Secretary Of the Treasury, to carry into eXecu
tion the provisions of this act, and of the act tC
which this is supplementary
Sec. 8. And be il further enacted, That the
Treasury notes authorized by the act to which
this is supplementary, of less denomination
than fifty dollars payable on demand wthou
inter est, and not exceeding in amount the sum o
fifty millions of dollars, shall be receivable il
payment of public dues.