Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-28
Redemption Of National Currency.


SEw REGULATIONS oF THE TREASURY DR.
P~ARTNENr.
The following regulations are adopted in
lieu OF all which hayh been heretofore issued
~ the Treasury Department in regard 10 the
redemption 0i ui-ed states currency:
m~grIiArED CURRENCY.
Muiilated currency is redeemable by the
Treasurer of the United States, al Washing
ton, D. C., and by mo other oncer,
USGrED STATES MOTIFS.
Notesp presented for redemption. the abra-
sion or lpss oisubStance rom which does not
exceed ~out-iWtutleth 81 their original pro-
portions. vii be redeemed as whole notes.
J. Fragments o. notes VIII not De redeemed
IA mi. except when proofs adduced by affi-
uaFlr tuaI the missing parts of Such notes
have been totally DESTROYED. and stating the
cause and manner Of destruction. Less than
hall Of "a note D. not rcdeemable az all, unless
accompanied Dy such affidavit when presented
by the holder. Tie character Of the afiant
must be certified 10 Poe good by a magistrate
Ur other public officer
> IN Tie Absence Of such affidavit, frag-
mentsuf notes. exceeding by measurement
oue-halI OF their original surface. viii be- re-
deemed lu their proportion TO the whole note
reckoning As a general rule by tweutieths.
J. Mutlated notes which have been torn, no
matter how much but OF (which all the frag-
meuts are returned. or defaced. no matter
hos badly, 80 thai it Is certain they are gen
uine, WlI De redeemed Al their full face value
on presentation.
l. Fragments ofIfgal tender notes for which
less Than The full value has been paid will be
retained SIX months % enable oW uers % re-
turn 10 the Treasury missing parts of such
notes and receive the amount previously
withheld. Such return should give the date
OFT letter from this office transmitting the
original remittance.
ISTEREsT-BEARING NOTES.
The rules for the redemption OF mutilated
United states notes ara likewise applicable TO
mutiiated lutere-t-bearing notes.
Coupons UI Two years i've per cent Treas
Qry notes separated lTum the notes Of which
they constituted n part, are Of no value cN-
gept Wueu presented for redemption with the
n0IeS % WHICH They belong. Coupons should
not De- detached tuiuE rle tive per cent notes
eX-epl by q Government officer authorized To
redeem them al maturity. BSNlbis Iegula-
zion does not apply To coupon - or bonds
other than nve per cent notes
FRACTIONAL CURRENCY.
prfaaei fr.eri5nal notes, if whole. are not
considered as mEtilatcd when presented Tor
redemption. nor b az evidently accidental
dim reducing ice rBtt by NOT more
than One-tenthsoI rs size reeaF1e4 as a multi
alton.
4 Fragments Of a note will not be redcrmed
unless lt SHAH De clearly evident that they
constitute uue-Lalf or more OI one original
note: ip which ease "a note. however multi
aIed. Ali de- redeemed lu proportion To tine
WhOIe note, reckoning by n.tnS, except three
2 MutilaiiUns Jess than ~EHe-Ieutl VIII be
1isregagLeI- unless fraudulent aEt aHr mu-
Tilatl0u which destroys more Than Qne-tenth
81 the original note viii reduce the redenlp-
value. OF 10 three cent note, by One-third OF
us original value.
Fragments Of "a three cent note will not
De redE.I4ei. unless such cOnstl-
fate iuuy tFo-ihfr4s ~ the Hoie IN its orlgi-
bal form.
T. MutlsIed NOTES presented l.T redemption
must be lU sums 0I not less than three dollars
OF their original value.