The tri-weekly standard. [volume] (Raleigh, N.C.) 1866-1868, 1866-12-22
DECEMBER p, 1866.

all banks, associations or corporations, and indi
viduals issuing or reissung notes bills for cir
culation currency after April first, eighteen
hundred and sixty-threc, in sums representing
and pay duty of five per centum each iiat Year
thereafter upon the amount OF such fractional
notes or bills SO issued. And all banks, associa-
tions, corporations, and individuals receiving de-
posts OF moEey subject to payment on check or
draft, except savings institutions, shall bu subject
to Il duty OF one eighth OF per ceutuln each
half year from and after April first eighteen hum
dred and siNiy-three, upon the average amount
OF such deposits beyond the average amount OF
their circulating notes or bills lawfully issued and
outstanding as currency. And Il 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 true and faithful account of the
amount OF duties accrued, which should ac-
crue on the full amount of the fractional note
circulation and on the average amount of all other
circulation and of all such deposits, for the six
months next preceding. And there shall be an
neXcd to every su III list return declaration,
under oath or affirmation, to be made in form and
manner as Shall be prescribed by the cominis
sioner OF internal revenue, OF the president or
some other proper officer of said bank, associa-
tion, corporation, or Individual, respectively,
that the same contains true and faithful account
of the duties which have accrued, which should
accrue, an,i not accounted for; and for any de-
fault in the delivery of such list return with
such declaration annexed, the bank, association,
corpOratiom, or Individual making such default
!
dollars And suhh bank, assocatium CORPORA
ton, or individual shall, upon rendering" the list
orrcturn aS aforesaid, pay TO the commissioner OF
internal rcy3nuo the amount OF the duties duc
on such list or return, and in default thereof shall
forfeit, as penalty, the sum of live hundred dol
lars; and in case of neglect refusal; 10 make
such list return aforesaid, II pay the .u-
ties aforesaid, for the space of thirty days after
the time when said list should have been made
rendered or when said duties shall have become
due and payable the assessment and collection
siail be Made according to the general provisions
prescribed i'll an act entitled :. An act provide
intcrnai revenue TO support the Government and
to pay interest ON the public debt" approved July
one, eighteen hundred and siXtv-twO.
Sec. d And 0e il farther enacted, That, in order
10 prevent and punish cuunIerlrtlng and lrauGU-
lent alterations OF the bonds, notes, and fractional
currency authorized to be issued by this act, all
the provisions of the sixth and seventh ScctIUus
of the act entitled " An act to authorize the issue
OF -nited States notes, and for tic redemption
funding thereof, and for funding the iultng debt
of the United States, approved February
tw"nty-fifth, eighteen hundred and siEty-tlTU.
shall, far applicable, apply to the bond,
notes, and fractional currency hereby authorized
To be lsSucu, Ill like manner !s if the said sNth aud
seventh sections were hereby attc! addition
al sections Of tiIis act. And the provisions and
penalties of said sixth and seventh sections shall
extend and apply to all persons no s,:! initiate,
counterfeit, nIanc, shall any paperrIc rs thar
uacd provided 10 bc used, for iritc tiylIGt
notes prepared, 10 be prepared, in ,lry
department building, and IL All officials % tnc
treasury department engaged in engraving and
preparing the bonds. notes, and fractiui;! ':ilF
rcncy hereby authorized tc Dc ISSUED, tIi;i to ali
official and Unofficial persons i'll t?l-
puyed under the provisions of tiIi> And giIu
sam of six hundred thousand dollars is hereby
appropriated, out o. any money III the c;i-lry
not otherwise appropriated, to enable the Sccrc-
tdry OF the Treasury torarry this act into effect
Approved, Marcn d. 1868.