The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-07-01

johnson st. o Sb n Of New Jersey Railroad sv IN
nay: ia from springfield AZ i;iioS %
Corner W.shinston and nd HsrsSa si:, iosiii
WsshipsOo 100 n from Esr'ha, lss n OK 10000
Elm .: 3 from Columbia i: $3.50 ..
Middle rrsmou. .v ssrsss .n.". $40
REDEMPTION OF NATIONAL CURRENCY.
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Now Regulations Of tho Treasury Department..
-,s WASHINGTON, D. o. June 80, 1850.
The following regulations adopted In lieu OF all
which have been heretofore issued by the Treasury
Department in regard to the redemption Of United
TREASURY DEPARTMENT
WASHINGTON, June Z, 1859. {
I.-MUTILATED CURRENCY
Mutlated currency Is redeemable by the Treasurer
OF the United States at washington, D. o., and by no
~ - United States Notes
Notes presented for redemption the abrasion or
loss OF substance from which does not exceed one
twentieth OF their original proportions VIII be re-
deemed az whole notes.
l. Fragments Of notes will not be redeemed in full.
except when proof ID adduced by aiidavtt that the
missing parts OF such notes have been totally de-
stroyed, and stating the cause and manner OF de-
able at all, unless accompanied by such anidavlt
when presented by the holder. The character OF the
aflant must be certified to be good by magistrate
e. In the absence OF such anidavit fragments Of
viii ~ be- s
70 the whole Understanding as a general rule by
twenteths
ter how much, but OF which all the fragments are
returned or deiaced no matter how badly. so That
IL Is certain they are genuine. VIII be redeemed at
their full face value on presentation.
/ A. Fragments OF legal tender notes for which less
than the full value has been paid will be retained six
months, to enable owners to return to the Treasury
missing parts OF such notes and receive the amount
previously withheld. Such return should give the
date OF the letter from this office transmitting the
original remittance.
interest Bearing Notes.
The rules for the redemption OF mutilated United
States notes likewise applicable to mutilated In
Coupons OF two years five per cent Treasury notes
separated from the notes OF which they constituted
part are Of no value except when presented for
redemption with the notes TO- which they belong.
cent notes except by government officer author
lzed TO redeem them at maturity. But this regula.
ton does not apply to coupon notes or bonds other
FTactiona, Currency.
Ds1sce a. acto si notes. whole are re not con-
ton, nor Is an evidently accidental dimnutton re-
ducing the note by not more than onetenth Of its
size regarded as mutilati0n.
/. Fragments OF q note VIII not be redeemed, un-
less 1t shall be clearly evident that they constitute
onenalf or more of one original notes In which case
note, however mutiated viii be redeemed IN pro.
portion to the whole note, reckoning by ffths ex-
cept three cent notes, which Will be reckoned by
Q. Mutilations less than one-tenth will be disre-
garded unless fraudulent; but any mutilation which
destroys more than Onetenth the original note will
reduce the redemption value Of the note by one
firth its face value, or If three cent note by one
8. Fragments Of o three cent note will not be re.
deemed unless such fragments constitute fully two
thirds OF the note in It's original form.
4. Mutilated notes presented for redemption must
be in sums OF not less than three dollars OF their
original value.
II. CURRENCY NOT MUTrLATED
In general currency is redeemable In accordance
with the conditions printed upon each note.
Assistant treasurers and depositares are expected
to exchange perfect notes for United States notes
which unit for circulation when the same shall
be presented for redemption or exchange.
| The department Will receive at its own expense
under the contract with Adams Express Company,
from any olcer Of the government private party
corporation, notes which are mutilated or in any
way unt for circulation, notes Of the denomination
ssuen authorized by the acts OF February IS and
July H. 1862, provided they are sent in accordance
mode OF trans mission.
Fractional Ctu7encv
!. All fractional currency not mutilated shall be
redeemed by any assistant treasurer or designated
depostary Of the United States, national bank
designated as depostary O the United States hav.
ing government funds In sums OF not less than three
dollars.
2. Before being presented for redemption the cur.
rency must first be assorted into the different
issues-which are easily distinguishes; each issue
must be assorted by denominations and enclosed In
pinned; each strap, If the size Of the deposit win ad-
init, must contain 100 notes OF the same denomina-
ton; on each strap must be written with INK the
the name OF the owner.
8. The entire deposit must be securely done up in
one package, and upon the wrapper the date OF de-
post, the amount enclosed and the name of the
owner must be- endorsed with Ink.
l. No less sum than three dollars will be re-
deemed, and packages will be paid for In lawful
money OF the United States in the order to time In
which they shall have been received as soon as the
currency can be counted and passed upon.
HI.-MODE OF TRANSMISSION.
When parties making remittances fail to give their
full address the remittance will be retained until
such address Is furnished accompanied by satsfac-
tory description OF the package claimed
BV Express.
/. Direct all remlttanceS intended for redemption
to Treasurer Of the United States, Washington,
d. c."
2. Packages should be put up In wrappers Of stout
paper or cloth. tied with strong Irvine, Sc
cured with careful sealing and plainly marked on the
outside, with the amount and nature OF contents
and with the full name and Post Olce address Of the
cOnsign0r, thus:-
{ g. Fractional Currency for Redemption.
s Treasurer of the United States,
$From John Smith, Washington, D. G. )
Smithvile, Ohio.
When forwarded under contract that TACT should
also be stated on the package f0llows:-"For.
warded under contract with Adams Express Com.