The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1863-03-24
NO 295

tum each half year thereafter unon The
amount OF such fractional notes or biIIs
so issued. And all banks, Associaiions
corporations, and individuals receiving
deposits or money subject to payment on
check or draft, except savings institu-
tions, shall be subject 10 a duty OF one.
eight OF one per eentum each half wear
from and after April first, eighteen hun
dred aud sixty-three, upon the average
amount OF such deposits beyond the av.
erage amount Of such deposits beyond
the average amount OF their circulation
notes or bills lawfully issued and out
standing as currency. And a list or re.
turn shall be made and rendered within
thirty days after the first day of Octo.
ber, eighteen hundred and sixty-thre
and each six months thereafter. 20 She
commissioner of Internal Revenue, which
snali contain true and faithful account
oil the amount of duties accrued, or
which should accrue, on the full amount
OF the fractional note circulation and on
the average amount of all other circulA-
ton and Of all such deposits for the six
months next preceding. And there shall
be annexed TO every such list or return
a declaration, under oath OF affirmation,
to be made in form and manner as thall
DE prescribed by the Commissioner of In
ternal Revenue, of the president, or some
other proper officer Of said bank, associ-
alton, corporation, or individual, respec-
lively, that the same contains trle and
faithful account of the duties which have
accrued, or which should accrue, and not
accounted Tor; and for any default in
the delivery of such list or retura, with
such declaration annexed, the bank, as
sociation, corporation, or individual
making such default, shall forfeit, as a
penalty, the sum of five hundred dollars.
And such bank, association, corporation.
or individual shall, upon rendering the
list or return as aforesaid, pay 10 the
Commissioner of Internal Revenue the
amount of the duties due on such list or
return, and in default thereof shall for
felt, as penalty, the sum Of five humid
red dollars aad in case of neglect or re-
iusal to make such list or return as afore-
said, or 70 pay the duties as Aforesaid, for
the space Of thirty DAYS after the time
when said list shall have been made
or rendered or when said duties shall
nave become due and payable, the
the assessment and collection shall be
made according TO the general provisiona
prescribed in an act entitled San act TO
provide internal revenue 70 support the
Government and to pay interest on The
public debt" approved July one, eigh-
teen hundred and sixty-two ln,1
Sec. g. AndJc afistle,' enacted, That,
in order TO prevent aud punish ceunier-
letting and fraudulent alterations Of the
bonds, notes, and fractional currency
authorized to be issued by this act, all
the provisions of the sixth and and sew
enth sections OF the act entitled "An act
to authorize the issue OF United States
notes, and for the redemption or funding
thereof and for funding the floating debt
of the United States" approved Febru-
ary twenty fifth, eighteen hundred and
sixty-two, shall, so far as applica-
BILE, apply TO the bonds, notes, and
fractional currency hereby authorized to
be issued, In like manner as IL the said
sixth aud seventh sections were hereby
adopted as additional sections of this act
And the provisions and penalties Of said
sixth and seventh sections shall extend
and apply to all persons who shall i'm
itaie, eounterfeit, make, or sell any pa.
per such as that used, or provided 10 be
used, for the fractional notes prepar.
ed, or to be prepared In the Treas
ury Department building aud 10 all
officials of the Treasury Depart
ment engaged inengraying and prepAr.
ing the bonds, notes, and fractional cur.
rency hereby authorized TO be issued
and to all official and unofficial persons
In any manner employed under the pro-
visions OF this act And the sum Of sir
hundred thousand dollars Is hereby APP
propriated, out Of any money IN the
treasury not otherwise appropriated, Il
enable the Secretary of the Treasury "a
carry this act into effect.
Approved, March 3, 1868.