Daily national Republican. [volume] (Washington, D.C.) 1862-1866, 1864-06-10

mo 70 an examination Of the Affairs OF every
banking association, which person shall not
be director OF other officer In any association
whose affairs he shall be appointed to examine,
and who shall have power to make thorough
examination into all the affairs Of the assocla-
ton, and, In doing so, TO examine any OF the
| officers and agents thereof on oath; and shall
make q full and detailed report Of tho condi-
ton Of the association to the Comptroller.
| And the association shall not DO subject TO any
other ylsltorial powers than sueh as are nu.
thorlzed by this act, except such as are vested
In the several courts Of law and chancery.
And every person appointed TO make such OF.
animation shall receive for his services at the
rate of Eve dollars for each day by him en-
ployad In such examination, and two dollars
for every twenty-five miles he shall necessarily
travel in the performance Of his duty, which
shall be paid by the association by him exam
ined.
Sc. 81. And be Il further enacted, That every
president, director, cashier, teller, clerk, or
agent Of auy association. who shall embezzle,
abstract, or wlfully msapply any Of the
moneys, funds, or credits Of the association, or
shall, without authority frop the directors,
Issue or put In circulation any of the notes OF
the association, or shall, without such au-
thority, Issue or put forth any certificate OF de-
post, draw any order or bill OF exchange, make
any acceptance, assign any note, bond, draft,
bill OF exchange, mortgage, Judgment, or de-
I
report, or statement Of the association, with
intent, in either case, to injufo or dsfraud the
associat on or any other company, body polite
or corporate, or any individual person, or to
deceive any officer OF the association, or any
agent appointed to examine tho affairs OF any
such association, shall DO deemed guilty OF
mlsdemeanor, and upon conviction thereof
shall be punished by imprisonment not less
than five nor more than ten years.
Sec. 90. Aud be u further enacted, That all
suits and proceedings arising out Of the pro-
visions Of this act, In which the United States
or Its officers or agents shall be parties, shall
be conducted by the district attorneys Of the
several districts, under the direction and su-
pervision OF the Solicitor of the Treasury.
| Sec. 81. And be Il further enacted, That suits,
actions, and proceedings, Bgalnst any assocla-
ton under this act, may be had in any circnit,
district or territorial court of the United States
| held within the district in which such ASSOC
cation may be established; or in any State,
county, or municipal court in the county or
city in which said association lie located, having
Jurisdiction In similar cases: PrOrided, hopcrcr,
That all proceedings TO cnJOin the Comptroller
under tn act shall be had in circuit, district,
or territorial court of the United States, held
In the district in which the association Is To-
Gated.
Sec. IS. aud Be II further enacted, That every
person who shall mutilate, cut, deface, dis
figure, or perforate with holes, or shall unite
or cement together, or do any other thing to
any bank bill, draft, note, or other evidence of
debt, Issued by any such association, or shall
cause or procure the same to be done, with
intent to render such bank bill, draft, note, or
other evidence of debt unit to be reissued by
said association, shall upon conviction forfeit
fifty dollars to the association who shall be in
jured thereby, to be recovered by action In any
court having Jurisdiction.
Sec. 80. Aud be Il 6ITttEr enacted, That II any
. | shall falaaly mako mr. ntar
felt, or cause OF pr, cure 10 be made, forged
or counterfeited, or willingly aid or assist In
falsely making, forging, or countcrfriting, any
| note In Imitation of, or purpOrtiug to be In
= Imitation Of the circulating notes issued undcl
the provisions of this act, or shall pass, utter
or publish, or attempt TO pass, utter, or publish
T any false, forged, or couuterleited note, pur
porting TO be Issued by any association doing
a banking business under the provisions OF thi:
= act, knowing the same to be falsely made
forged, or counterieited, or stall falsely alter
S o. Ise or procure to DC falsely altered, or viii
lugly aid or assist In falsely altering any sucl
= circulating notes, Issued as aforesaid. OF sbAl
pass, utter, or publish, or attempt to pass, utter
or pa lish, as true, any falsely altered or spu
4 rlOus circulating note Issued, or purpOTtlng Il
{ have been issued, as azores lid, knowing the
same to be falsely altered or spurious, every
such person sh III be deemed and adJudget
guilty of felony, and being thereof convicted
: by due course Of law shall he senten ed to bC
imprisoned and kept at han d labor for per I'D
Z of not less than 1--WE years nor more than O.
= teen wears, and fined In a sum not exceeding
one Thousand dollars.
D Sec, 60. And b. Il further enacted, That IL any
n person shall make or engraye, or cause or pro
q cure to be made or engraved, or shall have In
0 his custody or possession any pltte, die, OF
o block after the simllJude OF any plate, die, OF
( block from when a"y circulating notes ISSUED
. AS aforesaid sIa have been prepared or print
D Ell, with Intent to use ~ b plate die, or block
s or cause or suffer the same TO b used In fDr2
# ing or co nterfelting any Of he notes Issued a
!, afJr, sait, or shall have in hi custody o. pos
y session any blank note notes engraved AM
II printed after the simllitude OF aOy notes issue
10 as aforesaid, With intent to u.esu b blanks, o
l. cause or suffer the same TO be used In fOrginj
rs or counterfeitlng any of the notes issued a
n aforesaid, or shall have 10 his custody or Dc s
f. session any paper adapted to the making O
l. such notes, and similar 10 tho paper upO
sr which any such notes shall have been issued
20 with intent 10 use such paper, or cause or sui
ir fer the same to be used, In forging or count
k feiting any Of the notes Issued as aforesaid
r, every such person, being thereof convicted b
D. due course OF law, shall be sentenced to be In
q prisoned and kept TO hard labor for a term nc
X less than five or more than fifteen years, an
% dned in a sum not exceeding one thousan
N dollars.
N See. 81. Ind Be Il FURTHER enacted, That
Is shall be the duty Of the Comptroller Of the Gu
r renCy to report annually b Congress at III
l. commencement of its sessIOn-
10 First. A summary of the state and condtlo
10 of every association from whom report
y have been received the preceding year, at tn
!, several dates TO which such reports refer, wit
z an abstract OF the whole amount of baukin
d capital returned by them Of the whole amour
y Of their debts and liabilities, the amount {
d circulating notes outstanding, and the tOtI
e amount of means and resources, specifying th
Is amount of lawful money held by them at th
=. times OF their several returns, and such Otht
Information In relation to said association a!
Il In his Judgment, may be useful.
Ii Second. statement of the association
r whose business has been closed during III
h year, with the amount Of their circulation r.
r; deemed and the amount outstanding.
& Third. Any amendment to the laws relaty
ID to banking By which the system may be In
Us proved and the security of the holders of 1t
to notes and other creditors may be Increased.
Id Fourth. The names and compensation of tt
~ clerks employed by him, and tho whole amour
Of Of the expenses Of the banking departmeI
D. during the year. And such report shall /
made by or before the first day of December /
Il each year, and the usual number of copies fC
c, the use of the Senate and House, and one thor
o. sand copies for the use Of the Department
D. shall be printed by the public printer and
Or readiness for distribution a. the tlrst meeting