Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1863-03-11

be subject to duty of one eighth of one
per centum each half year from and after
April first, eighteen hundred and sxty-three
upon the average amount of such deposits be-
yond the average amount of their circulating
notes or bills lawfully issued and outstanding
as currency. And list or return shall be
made and rendered within thirty DAYS after
the first day of October, eighteen hundred and
sixty three, and each six months thereafter, to
the commissioner of internal revenue, which
shall contain a true and faithful account of
the amount of duties accrued, or which should
accrue, on the full amount of the fractional
note circulating and on the average amount
of all other circulation and of all such depos-
its for the six months next preceding. And
there shall be annexed to every such
list or return a declaration under oath or
affirmation, to be made in form and
manner as shall be prescribed by the COM
missioner of internal revenue, of the pres
ldent, or some other proper officer of said
bank, association, corporation, or individual,
respectively, that the same contains true
and faithful account of the duties which have
accrued, or which should accrue, and not ac-
counted for; and for any default in the deliv-
cry of such list or return, with such declara-
ton annexed, the bank, association, corpora
forfeit, as a penalty, the sum of five hundred
dollars. And such bank, association, corpo-
ration, or individual, shall, upon rendering
the list or return as aforesaid, pay to the COM
missioner of internal revenue the amount of
theduties due on such list or return, and in
default thereof shall forfeit, as penalty, the
sum of five hundred dollars; and in case of
neglect or refusal to make such list or return
as aforesaid, or to pay rates as aforesaid, for
the space of thirty days after the time when
said list should have been made or rendered,
or when said duties shall have become due
and payable, the assessment and collection
shall be made according to the general
provisions prescribed in an act entitled
"An act to provide internal revenue to support
the government and to pay interest on the
public debt" approved July one, eighteen
hundred and sixty-two.
Sect. s. And be it further enacted, that
In order to prevent and punish cOunterfeiting
and fraudulent alterations of the bonds, notes,
and fractional currency authorized to be is
sued by this act, all the provisions of the sixth
and seventh sections of the act entitled Gan
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 February twen-
ty-nItn, eighteen hundred and slXty-two shall,
so far as applicable, apply to the bonds, notes,
and fractional currency hereby authorized to
be issued, in like manner as if the said sixth
and seventh sections we're hereby adopted as
additional sections of this act. And the pro-
visions and penalties of said sixth and seventh
sections shall extend and apply TO all persons
who shall initiate, counterfeit, make, or sell
any paper such as that used, or provided to be
used, for the fractional notes prepared, or to
be prepared, in the treasury department build
ing, and to all officials of the treasury depart
ment engaged in engraving and preparing the
bonds, notes, and fractional currency hereby
authorized to be issued, and to all official and
unofficial persons in any manner employed
under the provisions of this act. And the
sum of six hundredthousand dollars is hereby
appropriated, out of any money in the treas
ury not otherwise appropriated, to enable the
secretary of the treasury to carry this act into
effect.
Approved March 3, 1868.