Nebraska advertiser., 1866-11-29
Pnhlic-No. 100

An Act TO regulate and secure the Safe.Kseping Of pub
lie Money intrusted to Disgusting ohicers Of the Uni
ted States
Be IL enacted By the Senate and House Of Represen-
tatiUes of the Unsted States Of America in Congress
Tbst from and after the passage Of this act it shall be
tbe dutv OF every discussing ofncer OF the Uuited States
having anv publ:c money intrusted to him for disburs-
mani. to deposit the same with the treasurer or some
one Of the assistant treasurers Of the United States,
To draw from the same only as 1t mas be required fol
paymencs to be made by him in pursuance Of law and
ali transfers from the treasury OF the United states
to a disbursing officer shall be oy draft or warrant on
the treasury or an assistant treasurer Of the United
States; Provided, That in places where there is no trea
surer nor assistant treasurer OF the United States the
Secretary of the Treasury may when he deems it nee
essafy to the public interest, specially authorize in
writing authorize the same to be Kept IN any other
public depository, or, in writing, auth prize the same to
be kept in any other manner, and under sucn rules and
regulations as he may deem most safe and efectual to
facilitate the payments to public creditors.
Sec 2. And be it further enacted, That IL any dis
bursting officer OF the United States shall deposit any
public money entrusted to him in any place or in any
manner, except as author lied by law, or shall convert
with or without interest, or shall for any purpose
not prescribed BY law withdraw from the treasurer or
any assistant treasurer, or any authorized depository,
or shall for any purpose not prescribed by law, trans
fer apply any portion of the public money entrusted to
him, every such act shall be deemed and adjudged an
embezzlement Of the money SO deposited, converted,
used, loaned, withdrawn, transferred, or applied, and
every such act is hereby declared to be a felony, and
upon conviction thereof shall be punished by imprison-
ment for 8 term not less than one year nor more than
ten years, or by a fine not more than The amount EN-,
bezZled nor less than one thousand dollars, or by both
such fine and Imprisonment, at the discression Of the
court.
Sec. 8. And be it further enacted That if any ban
ker, broker, or any person not an authoaizRd Deposit
org Of public moneys, shall knowingly receive from
any disbHrsing officer; Or collector of internal revenue,
or other Agent Of the United States any public meney
on deposit, or by way Of loan or accommodation, with
or without interest, or otherwise than in payment Of a
debt against the United States; or shall use, transfer
or convert, appropriate or apply any pyrtion Of the
public money for any purpose not prescribed by law;
or sEall counsel, aid, or abet any disbuysing officer or
collector Of internal revenue or other agent Of the
United States,in so doing, every such act shall be deem
ed aud adjudged an embeZzlement OF the money so de
posted, loaned, transferred, used, converted app-opri-
ated. or applied and any president, cashier, teller,
director, or other officer Of any bank or banking assOci-
alton who shall violate any Of the provisions Of this
act, shall be denmed and afjudged guilty of embezzle-
ment OF public money, and punished as provided in
section two Of this act.