The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-07-07

NJ 1s,s,.rrpE-T proceedings of the hegisla-
.ure nd to Saturday will be found IN another column
So far that body has acted promptly and, as far as
know. WELL We are gratifed that it has passed re-
solution to adjourn to-day.
THE CURRENCY
We are indebted to John L. Brown Esq, Zone of the
Commoners from this couny,) for copy of the Cur
rency Bill passed Friday last 1t declares that all
issues of Confederate Notes shall be received in pay
ment of Taxes The following is correct copy of the
Act as it passed both Houses:
AN ACT in relation to the payment OF Taxes and to
70 fund certain issues OF the Confederate Treasury Notes
in the seven per cent Bonds ofthe Government
SEC. l. Bei enacted by the General Assembly of the
@ e % snd ts
required forthwith to proceed with collecting the taxes due to
OF me public taxes far as they may collected into the
office of the Public Treasury before the 2e:h day of
ureI may direct and all County within the time
proper fiscal agent of the to receive the same,
such collections the said officers may receive, and when
deed they shall receive the Treasury Notes OF the Confed
States OF America without regad the dates of the
Sec D. After the 28h day of July instant the said collect
ing officers shall proceed further collect the due and
vet unpaid the State and their respective countless still
ceivng whenever rendered, all Treasury Notes Of the Con-
Act Upon all paid aforesaid before the 2sth
day July the collecting officers shall receive additional
Sec. Whenever the aforesaid shall be paid into
he public Treasury before the 18th day July
office OF deposit where he require the
be paid, the Treasurer is directed fund the
received paid IN undable notes. and also all other ndabe
the treasury not available for the
public expenses the Bonds of
Confederate Government when such monies of
Asheve and elsewhere his discretion, and
receipt for the paid before the 2S day OF july
and to fund the same, and he shall make compensation the
agents whom he may thus select
Sec. 4. All Con iederae Treasury Notes paid into the
office OF the Tersure after the 28h day Of Juy shall be held
be equal value and in making payment from his office
the Treasurer may apply the said notes his pleasure with
discrimination between the issues OF different dates.
Sec. s. All fiscal agents of counties holding county funds
Schools may their discretion, fund srch Treasury
Notes the Bonds of the Com edrae States
and sell the Bonds SCRIP at par or for premium.
Sec. 6. The public Treasurer fiscal agents. and every
chairman OF the board of common schools shall be allowed
TO parties willing receive them sell
for PREMIUM all the Bonds which they may receive
lieu of notes undable under provisions of this Act from
time to time, at their discretion aid apply the proceeds in
payment from their several offices.
Sec. T. The Clerks OF the County Courts in this
State SHALL for the present year, make the Comproeys
office before the 9th day OF July instant, the
required to be made in Section 81 OF the Act OF the last
sion OF the Gederal Assembly entitled Revenue"
Sec g. Te Treasurer shall have printed early
tcable, 200 copies OF this Act and each
Sheriff and TO each County Court Clerk in the State.
Sec. g. This Act shall be in full and effect and
after its ratification.
Read three times and ratified in General Assembly this the
ID day OF July, 1863
r. s. DONNELI, S. H.C.
GILES MEBANE, S. S.