Semi-weekly standard. [volume] (Raleigh, N.C.) 1853-18??, 1862-03-15

said application ''A months af..
4. BE it further orlaiped Tho. =.
OF this ordinance be extended to tho C Pro7iSiar,
OF the towns of Newbern and Wasbrna. SSiOHe1
other towns that may make the Co.'S 'o', or a,
under similar circumstances. "ppIcaioI
Passed and ratified in open Conve,tio
day of February, 1882 '''ON The 9th
Teste: Pr: tL r ARDS
W. L. STEELE, Secretary. NO"'eitloa
L. Z. EDWARDS, Assistant Secretary
No. 35.
IA ordinance to Provide for Fundfup
poses. -o' OtEer Dr.
!. Be it ordained, de-, That any ofr
ry notes issued or hereafter to be iSsr,5 ie IFeS
ordinance Of this Convention, ratified ~ +usf d;
December, 1861, directing the is,na or .I IS d
lions OF Treasury notes, as well as tbose i" al
an ordinance OF the present session ont;,IS
ordinance to provide for the aSSumYtio, Nv, u
ment of the Confederate Tax" maj, h. ana ana E2g.
the will of the holder, III Coupon Bonds nr et
to be prepared by the Treasurer and Ia, we Eia'
years after date, or sooner, at the Mo-! ''e
State, and bearing interest ut the rate of u! lie
cent per annum, payable semi-an,n,r,,. gu pa
Treasury or in six per cent bonds .ba s. a ej {
able 80 years after the lSt OF January 1S;9 ;P4!'
est payable semi annually, exchan,rpaII :; = N's'
ry notes at the option Of the holder fran, ,-IS
time, until the Treasury notes tai. d,a ,l ''"e
being OF the denominations of $500 arI Elm 4& (
equal proportions. F.l
2. Be it further orottiae3, That all ,axesd,
the State or to counties, and for schon burn,
taxes for the poor, and all payments for cDni,,
public lands, and all other dues to the S,..,
all fines and fOTfeItures for the Use of -, a.
counties, shall be paid in Treasury notes ~r.;
State or OF the Confederate States or in IN. ''
of such Of the solvent Banks of this St.,as ''e
receive and continue to receive and nav 49, ,'~'
money at par the Treasury notes of hi, S,,,
IN gold and silver coin; and it shall be t}a a,
the Treasurer to Issue instructions to the S.
and tax collectors in the several counties ,n.
subject and 1t shall not be lawful for arv S5,-:
or collector to receive taxes in any other funds
as directed by the Treasurer under til, ,r,I.,r,
3. BE 1t further 0raUined That all the Tr.
Notes funded in Bonds or paid into the Trrs,m..
for taxes or other public dues NAV be rp.:.s,-G
payment Of the debts of the State. or in eyil,,.
for SIX per cent bonds Of the State, on a0IIic,r,
of the holder at any time before tie notes E1 H..
PrOgided, That the Treasury Notes issued 70 ~
the Confederate tax shall not be used to ,,sr h.
debts Of the State; and the Treasurer and Com,
troller shall each keep an account Of all notes =,
issued, and those re funded in bonds from time.
time, and the date Of such transaction, AMI rar,.
larly noting the interest on each bond when TAI,
up, and the amount Of interest due on each bs
when exchanged for Treasury notes, and in all cas-
shall charge the party receiving such bonds W.
the interest due at the time Of delivery.
t. Be- II FURTHER 0rdained That as the eZ.-
ces of the public service may, in the opinion Of i.
Governor, require before the first day of Jarnr
1865, the public treasurer is authorized and rtge
to issue other Treasury Notes as aforesaid, not
ceeding in amount the further sum of fifteen In
dred thousand dollars, and that the said notes sd
be prepared signed and issued as in the said e
nance, ratified on the first day Of December IS.
5. Be IL Turther ordained, That the a.gre.a.
amount of said Treasury Notes outstanding =! ali
one time, and Of the bonds given in exchange Fl :
or discharge of Treasury notes as aforesaid sls
not exceed the amount Of such notes authorized
law heretofore, or in this ordinance.
6 Be IL FURTHER ordained, That it shall be Il
ddty of the Treasurer, as soon as COnyenieHI
issue Treasury Notes Of the denominations Of fit
ten and twenty dollars in equal amounts, instead
and to exchange for any Of the Treasury Nte
heretofore issled, not bearing interest, of the
nominations of fifty and one hundred dollars
the application of the holders of said notes; 4,
"lltD 81 bdASlt hJ vi tiIt Sdi4 iutt>
fifty and one hundred dollars shall be cancelled
the same shall be noted by the Treasurer On
books and on the books of the Comptroller.
Z Be 1t further ordained, That if any one 81 !
falsely forge or knowingly pass, or offer to ls
any false forged, or counterfeited paper, purTor.
to he Treasury Note or bond of this State he 81
be liable to indictment in the Superior Courts
the county in which such offence may be CONF
ted, and on conviction thereof, shall suffer all
pains and penalties, according to the 18th sccto-
the 34th chapter Of the Revised Code.
s. BE it further ordained, That in additi~ s
the Treasury Notes heretofore ordered to be i%gs
it shall be the duty of the Treasurer to issls
million of dollars, in small denominations, toF
four hundred thousand dollars in the dcnomnsa
Of two dollars, four hundred thousand dollars 10
denomination of one dollar one hundred thons; /
dollars in the denomination Of fifty cents 6
Thousand dollars in the denomination of twenty
cents, twenty-five thousand dollars i'll the demon
ton of twenty cents, and twenty five thOa@
dollars in the denomination of ten cents payaG +
the first day Of January, 1866, to be used in lla
ton of any claims against the State to persons
ling to receive the same, but not to be funded
bonds of the State, but shall be receivable in r.
ment of taxes or other public dues; and heS- /
keep an accurate account of the issues ID
time to time, made under this section Of tbs
dinance.
9. Be it further ordained, That no bank re2'
ing the Treasury Notes of this State, as cont
plated IN the second section of this ordinance q
be required to receive, or have on hand at any
time, more than wofifths Of the capital stoa
such bank in said notes. e
10. BE It further ordained, That so much d &
act of the General Assembly, entitled "ans E
provide ways and means for the defence d s
State" ratified September IS, 1861, as auth.
the issue of one million dollars of the demon
tons of two dollars, one dollar fifty cents t"'-
five cents, twenty cents, ten cents and five G.
and also the ordinance of the Convention I'll
December l, 1861, directing the issue of three
lions of dollars Of Treasury notes, and "tn'
nance to provide for the assumption and Ny%
of the Confederate tax" as we'll as all the ISSUE
Treasury notes and bonds under said act ana "
nances, are hereby ratified and confirmed IL
H. Be it further ordained, That in the eve,
the inability of the Public Treasurer or ComFH
to sign the Treasury Notes authorized by "a"
issued as speedily as the demands on the IitI.
may require, then it shall be lawful for e!--
them to employ some discreet person By anu
the advice and consent of the Governor, TO -
counter1gn the said notes, whose names n.-
published in the newspapers in tn" city OF h ~,
II. Be 1t further ordained, Tha. this oFl"-
may be repealed or modified by the General A.
bly,, but so as not to affect any transac;iHis u.
rights vested under the same, prerionS
\