The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-04-04
sllIan q lhs s..oelalon 70 ihe eomnlrse- an 100


chaacsrg. Aud ever son o. p0mted o. mike slch
cyan.inati0H shah reCoEe tor bissef'i NJ the alto
o. i've tora for each o. by him .mpI yea 10 such
examiuatun, aud two dslits Tor every wont, Ave
tais no xhlllneosssarly avol in the performance
bin examined
deot director, casnsr, telef clerk cr as ~ Of sny
agBocauon, who shall emb ne, abstract or Wifully
mlnppy any OF the 10 neys 10 DE- or credits Of the
aszcclatlon or shall, without authority from The d..
rootOrs issue OF put IN circulation sny Of the notes q
the ass0chtion shall, without sucb authority, Issue
OF put forth any certificate u deposit draw any order
or blu o. exchange, mI kc any Acceptance assign any
uote, bond, dra't, bn oi exc hsuge, mortgage, udg-
mont, deer 81 shall maze any ifsc entry IN any
book, report or statement Of The associations with
utont in itber case TO jure or dsfraud any other
mpany body polite, or co porate, or any DdiVidusl
person 90 deceive any Coer or agent appointed 10
exemiue thu alarE Of any Hnch asgooialion sha be
deemed guilty % niadc ncanor, and upon conviction
thereof shall be punished by imprisonment not less
than rye nor more than ten yeara.
sEc. 8. And BE- Il FURTHER enacted, That the pres
don't and cashier Of every such association shall cause
10 be Kept at All times rll and correct list Of the
names ana residences al all Tho Shareholders IN tho
assoc alton IN the Office where ne business s transact
81 rad such n shall be subject 10 the inspection OF
al The shareholders and editors OF the association
durinR busn fs hours Of each day Ia which business
may DO legally transacted. And copy OF such list
verified by he oath ofsuch president cashier, SHALL
AZ the begnl ing Of every year be transmitted TO the
Comptroller Of The Currency, commencing on the hrst
day " the first quarter after he organization Of the
association,
src o. And b Il further enacod That the S cretary
Of the Treasury IL hereby authorized. whenever IN
his judgment the public Interest viii DO promoted
thereby, % employ any Of such asa0 iatiOua doing
business under this act depos taries u the public
money!, Except receipts from customs.
SIC So AHd BE- further cEaets5, That al suits and
oceod1gs All iOg Uut Of the pro isons Of TINS act,
in wh h the Unlted States It's cheers or agents
shall be p.rtes shan be ccnd icted by the district al.
torneys Of the vtral districts, unler the direction
and suporF ison Of the solicitor Of tue Treasury.
fFc. 60 Aid bsu further enacted, That every person
who shall mutilae cut, delace, shgure pc iOrae
With no es or shall unite or cement together, do
auyothcr thing to any bank bill, drait note, other
evidence Of dobt Issued by any such association cr
shall cause Procure the same 10 be DONE with in.
tent TO render such bank bill draft note other ev-
idoucs Of debt unit to be re.issuo by such assuca
ton shall upon conviction forfeit dty dollars 10 the
association who shall be injured thereby 10 be recoy
cred by action 10 any court having Jurisdi tion.
SIC OF And Do further. enacted, TLAt IL any per-
son sia falsely maxi, Jorge, or counter fsit
or procure TO he ma le, forged Couuteriejtcd,
willingly AID or assist IN fal ely making. forging, or
cOuhteHeitng any In INIT tlOu Of purpOrting
to be Imitation OF tbs Circulating tes issued
der the PROVISIONS U this ac. shall pass, utter,
publish, or attempt 10 pass, utter, or publish any
false. forget couutereited note, purportng 10 be
issued By any association doing banking business
under the provisions Of this act, knowing the same
10 be falsely made, forged or c0unterfeited, or shall
falsely alter cause or procure 70 be falsely altered
CT Willingly All or assist In falsely altering any such
circulating notes, issued as aforesaid, or shall pa
utter, or PUBLISH or attempt 10 ass utter, publish
~ tiuc ihsklN spurious Clfcuatng
issued purportng 70 have been issued aforesaid
knowing the same to be false altered spurious,
every such peron sha be deemed and adjudged guilty
or felony, aud being Thereof convicted by due juTse
OF law, shall be Sc tnced TO lac Imprisoned aud kept
at hard labor FOR period not less ID IN I've nor
more than fifteen years, and to ne hned IN a sum not
exceeding ono thousand dollars IS
Sac 6S. 4ad Be rfer enacted ~ at II any person
shall make Or engrav9, or caus procure 10 De made
or oDgraye or SHALL have in his Gus ody or posses
sion any engraved plate block pfter the smilitude
OF any plate from whit any circulating notes Issued
aforesaid shalt have been pr.nted, with intent 10
uch plate or block, or cause or suer the same To
be useI 10 forging OF CONTRIBUTING any the notes
issued as afIrefail or shall have N his custody
possession any blank note notes and print
cd afcr the similitude Of any notes Issued aiore
said with intent 10 use such blanks, or sud.T
The me to BE- used In forging or eounterfehing any
Of the notes issued aforesaid or sha have 10 his
custody or possession any paper adapted 70 the making
Of SUCH notes. and similar To tie paper upon which any
such note shall have been issued, with intent use
such paper, cause suGlr the same TO be used In
forging OF otubterieitng any Of the notes Issued as
Aforesaid every such person, being thereof convicted
by due course Of law, shall be sentenced TO be mprs
oned and kept 70 lard labor for term not less than
avenor more than q teen fears, and fined in sum
not exceeding one thousand dollars
exc. so. and be further enacted That suits, actions,
and proceedings by aud against any association under
tns act may be had IN any circuit district, or serr
tora court Of the United States, held withlne dis
trict IN which such association may be established
SIC. 60. Ind Be Il further enacted, That IL shall be
the duty OF the Comptroller OF the Currency 10 report
~ oNaT
sion
First. A summary OF the state aud condition Of
eve association from whom reports have been re-
ceived the preceding year. at the several dates tp
which such reports refer, with an abstract Of the
whole amount Of banking capital returned by them,
OF the whole amount OF their debts and liabilities, the
amount Of crcu ating notes outstanding and the total
EnioImt Of mems and resources, specifying the
amount OF specie held by them al the times OF their
several returns, and such other Information In at on
- said associations as, in his judgment, may be use
lNl .
Second a statement Of the associations whore bus
mess has en- closed during the year, with the amount
OF their ircu alton Redeemed, aud tho Amount out
standng. taa
Third. To suggest any amendment TO the laws rela-
tive 10 banking ny which thesysiem may be improved,
and the security of the ltnOldels and depOsitors
Fourth. 10 report tho names and compensation Of
tie clerks employed, BY him, and the whole AInobnt
the year And such report shsh be made by or he
fore the FIRST day OF December IN each year and the
usual number Of copies Tor the use Of hs senate aud
House. and ode thousand copies for the use OF tho DE-
partment shall be printed by tue public printer and
10 readiness for distribution on tbs first meeting Of
Congress. uir
sEo o. And b Jiirthsr enacted. That any banking
association cofpiTalion lawfully In existence "a a
bank u eirculauon on the Gst day y January,
Domini eighteen hundred and sixty three, organized
Ia any state, either under special act OF inoOfpora
tcn or genera banking lazy, may at any time with
m years after the tssago OF this act become
socaton under tue provisions OF this act that in such
the cettoste OF association provided for by this
s1al DO signed by tbs directors OF such banking
association corporation and In addition 10 the spe
encaons required by this act shall specify THAI such
directors authorized by the Ownef3 o; tWothirds
u the capital stock OF such bankDg association or
corporation 20 make such Certificate of association
aud such certificate OF association shall thereafter
have the same effect, and the same proceedings shalt
be hal thereon, as dod for as tn other asfoca
tiOns organized under this act Ard SUCH ASSOCIATION
coTpOration theroafter shall hays the powers
Rld privileges, and shall be subject 70 the same duties
resp nsibilties, aud rules, In all respects, Is fare
prescribed In this act Tor other associations gauzed
under u, aud shall DO held aud regarded as AZ
sHc o.. And BE- yirthsr enacted That any bank or
banking association authorized by any State law ~
eukags IN the butness Of banking and duy organ
under such state law al the time OF The passage Of
THIS act, and which shall be the holder ana owner T
United states bonds 10 the amount % uty per cebtum
VI its capital stock may transfer aud deliver ,o tbe
Treasurer Of the United states such bonds any part
thereoF ~ the manner provided by this act aud up
msklng Huch transfer and delivery, such bank or
banking astooatiou ahall be- entitled 10 receive nom
the tompirocr q the Currency circulating notes, as
h-ron provided, equal IN amount TO eighty er oentum
OF tue amount Of tue bonds 81 transferred and deliv
erred
eHo SO, And be Il 6iyAsr ssacted. That upon The
iailre Of any such State bank banking association
70 redeem any Of l!s circulating not's issued under
ths proNsons of The preceding section the ComptTol.
Ter OF the Currency shall when satisfied that such De.
iault has beon made and within thirty days Afsr no
tee OF tueh default proceed TO de 'lare The tolds
transferred and delivered 10 the Teas urr forfeited 70
tie Uuiied States, and the same shau IA r,uuoa be
10 f'itsd aceo dinghy And thereLpon thc circulating
notes which have been tsusd by such bank Or bank.
ING association shall be redeemed and paid Il the
Treasury Of tho United States "a the same manner s
other circulating potea Issaed und, che provisions of
mis- act are g. doeine and paid. I
sac "a. And D. q Jatiker enacted That the bonds
forfeited, provided in the last preceding section
may be cancelled amount equal to the eirruiatng
NOTES reieeped and raid q rurh bonus may b. sold
and aztec retaining cut N The proceeds sum sueenI
10 pay the whole amount Of circulating notes. foirthe
redempiiau q whioh such brnhsr arr held the sur
banking association loom which such bon . were r..