The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-04-04


access 20 the books Of the treasurer for the purpose
Of asceraning the correctness OF tho transfer as
signmcnt presented 20 him 70 countersign; und tho
Treasurer shall have tho like access 10 the books
above mentioned, kept by the Comptroller, during
ONCE hours TO ascertain The correctness Of the entries
src 90 Aud be Il srther enacted, That It shall b.
the duty Of ethe- che prasdoni ~ sashizt e every
henkias association having stocks deposited IN tho
odce o. the Treasurer Of tho United States unce
more in each fiscal year, and At such time or times
during the ordinary business hours said officer
officers may select, toexamine and compare the bonds
50 pledged With the books Of said Ierartment, and,
II iound correct, TO execute 20 the said Treasurer
certificate setting rth tho different kinds and the
amounts thereo aud that the ire in the posses
sion aud custody o the at the date uf such
certificate. such examination may be made by an
agent Of such asocitiOn duly appointed In writing
for that purpose, whose certificate before mentioned
shall be Of like force and validity II executed by
such president or cashier
SEc. q. AHdbc u drt.er eadcted, That every nsso,
citation Issuing circulating notes under the provisions
OF this act sl make quarterly report to the Comp.
'ioiier OF the currency, commencing on the FIRST day
0I the quarter uf the year next succeeding the
ganHatton ~ such association, aud continuing on
the urst days of each succeeding quarter in every
year thereafter which report shall I've verified by the
oath or affirmation Of the p esident and cashier aud
all wilful iulse swearing in rcspeet:to such report
shall he leJ ~, and subject to the punishment pre-
scribed by i.N Tor such offence. The report hereby
required shs 10 in the form presotibed by tho omp-
troller and sha contain true statement OF The COM
dition OF the association making such report, before
the transacuun Of any business the morning Of
the day slSclued next preceding the date Of such
port, Ia rsrcl Of the following Items and particulars
TO witt Leans and discounts oyerdrafts due from
banks Rmo Unit due from the directors OF the assoea
Ton real estate, specie cash items, stocks bonds
and prumt scfy notes, bills OF solvent banks bills Of
suspended banks loss and expense account, capital,
circulation, profits, amount due 20 banks, amount
due TO ndviduas and corporations other than banks,
amount due to the Treasurer Of the United States,
| amount due to depositors demand, amount due,
not included under either OF the above heads. And
IL shall be the duty OF the Comptroller 20 publish full
abstracts Of such reports together In two newspapers
IN lie fnf he Flaufn
city of Washington and the other In the city Of New
York. exhibiting the items Of pital circula lon nd
deposits, specie and cash items public securities aud
private securities and theeparate report Of eachas
sociation shall be published In newspaper published
In the place where such association Is established,
| IL there be newspaper at such place, then IN
newspaper published at the capital Of the state at the
expense OF the association making such report. Ia
addition TO the quarterly reports required by this
in the cities OF Boston, Providence, New York. hill
0delphia, Baltimore, tincinnati Chicago st ouis
Hhd New Orleans, shall publish or cause 20 be pub
shed, on the morning Of the first Tuesday In each
month In newspaper printed I'm the city I'm which
the association making such report is located, TO be
/ designated by the Comptroller Of the Currency, a
statement under the oath Of the president cashier
showing the condition Of the association making such
statement on the morning Of the day next preceding
items and particulars. 70 wit; average amount Of
loans aud discounts, specie, deposits and circulation.
SEc, 25. Ind be q Jrthsr eiacfed That II any such
association shat at any time fail 60 redeem in the
lawful money Of the United States any Of It's circua.
ting notes WHEN pay ment thereof shall be lawfully
o ~ Suus ane NOUS S ol ousess, AZ s,e
same 10 be protested In one package, by notary pub
o, nuess the presiaeht OF cashier OF inc asaooalioh
na % 1nsr . Maye aeuaha ahu notice ol me protest
deliver 10 the party making such demand an admis.
tIos lu wiring, ttaung tno 'lho u TIC dehahl, mo
amount dtmanaed, and me laet u the non-pay ynent
thereof and such notary publ c, on making such p
ses. upon TeOslVing suoh sdhus'iou shalit rhNlh
sue sun ts,on 81 Au' 70 Sl ptoN ~ 20 the
tomptoneI OF the currency ana hter snch demnt
sh,. nol oe laNiu ~ s'lo assuY auoh sutrhg tue
e W pay any o ~ notes III count any notes or
n,IS' " p'.'s ~ Pr'seIute .he puhlnes q Iank
,nk oNvePt 70 IeOsIe Hhu suIeiy keep money peiohR
ing 70 u anu 70 aelNer bpeoal ceposits Ir0rIded
hoveper Ihat etory proof be produced to such
notary public that the paym Mt Of any such notes Is
restrained by order Of any court Of competent juri
dcion, such notary pub ic stall not protest the sa
and wien the holder OF snch poies shall CAUSE more
than one note or package 10 bo protested on the same
dAy lac saall mol receive nay Tor more than one po-
tent .t.
SHu % <,nd no frtAer enacted, That on receiving
noice thal any such Wsocia 100 has tailed TO redeem
any ol It's circulating notes, a. specified IN the next
preceding sectsn, the Comptroller OF the Currency
with the concurrence Of the Secretary 4 the Treas
ury, may appoint speoal agent iof wh'eo appoint
ment immediate notice shall be given TO such ass lca
tion,) who thall immediately proceed 70 ascertain
whether such ASSOCIATE has refused TO pay rs eircu
atug not,si 10 the lawful moaey Of the United stit
when demarded as aforesaid aud report " the Comp
troHer the tacts~so a'ceit med and II lrou such
pr,test the rep Tt1 made the ComptrO Ter sla n
be satisfied that fuch association has sod TO pay
circulating notes ue az resad, and is 10 de- anlt be
shall, within hirty days after he shalt have received
notice Of SUI failure, eciare the Unite States bonds
Pnd securities pledged by such association iorle3 q
>the United Strtes, and the same shall thcreupon be
forfeited rdingly and thorsupou the Comptroller
shai mm"dla ,ly give notice. IN such manner as the
deaetpr. II the Treasury shall, general rulct
otherwise, direct TO the holders Oi the o crlailng
notes 81 sub associati0u to present h-m Tor pay.
m ut al TIC Treasury Of tIe Unite states; aud the
saine shall be paid az presented, wh,regpoh aid
Con pr oll9r ma, ~ his discr' u cancel an eq1a
I amount Of the bonds p dg by such nssocatiou
equal at current market rates, nj tNreetg par, "a
= the notes paid dh tha be lawiulfo for tho crstay
/ oi the TrcasHTy, trchf time 20 tine, 70 make such
4 regulations respecting the disposition 10 be made oi
such circulating notes after pr sehtaton ihereoi hr
Iayment As sioe aid aud respecting tho perpeha'iup
Of the evidence OF TIE payment lhervoi aa msl seem
to him proper but al such n0lesi on being pail shal
. be canc He'd aud for any doncicney 10 tAv lroCods
r | 0f the b nds pedgel by tunh nsssrlal'oni ~hen
poscd Of ts hereinafter apet ed, TO or'ubue 70 ih'
Unied states Inc amount 60 expended ~ payieg ih'
circulating To- Or snch hsso'Ation ~ Chited Stats
. shall have urst and paramount Ten upon AL the a.
sets VI such ss ei7lon, AN such dehcrny fkall b
4 made good ou OF such raseia 10 preference To sny
J al other claims whatsoever, except The n cesEsrl
4 G, sis an expcn es n administering the me
" Sro ~. Aadbe farthsr ea5cfed That whenrye
the Cor ptrler shall bccutne aais1rd IN the las
n preceding section fpecihod that any such asOcatO
n has ref SD pay hsoteulailng nots theriu men
toned lie may Instead ui cangallng tle United STATE
+ uds ledget ty such assoc latvn prov red IN th
e next Irreo ng etiua, cause 80 much tf th
!, BE- ce-Fsfy icfn Size tutstanding circulatiI
A. Is ol such Ciston O. be Fol ~ pu9lii ctio
! mtle city Uf o7k after wing tlfty days "
l. tee Of su IA sale % such asso, iition
10 SIC, IS. And Be tTfhsr enacted Thai tho Conl
v ir1ar of the g. rr,uUy my lf ne shalt BE- of opnt
a tbt the interests Of the United States will he b. pr,
IN mot "a thefey s3ll At private -e any OF thcs ock
tar s,stred 20 lo by such asioclattn and recei,
~ herior ehrr n,ney Or the circuatf pots on Fuc
~ failing ass1siHtou PFUuided Thut no etg b0nes b
nj bc sod by q ivate sale ior las than te par nor b.,