Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-31
FINANCE AND TRADE.
ReeemptIOn Of National Currency.

-
SEw REGULATIONS OF THE Treasury DE-
The following regulations are adopted in
lieu of all which havh been heretofore issued
By the Treasury Department in regard to the
redemption OF United States currency:
INITIATED
Mutilated currency is redeemable by the
Treasurer of the United States, at Washing
ton, d. e, and by no other officer.
UNITED STATES NOTES.
Notes presented for redemption, the abra-
sion or loss ofsubstanee ron which does not
exceed One-twentieth OF their original pro-
portions. viii be redeemed SIS whole notes.
l. Fragments OF notes will not be redeemed
in full, except when proofs adduced by afi-
daNt tnat the missing parts OF such notes
have been totally destroyed, and stating the
cause and manner ofGestructiOn. Less than
half OF a note is not redeemable at all, unless
accompanied by such affidavit when presented
by the holder. The character OF the affiant
must be certified 10 be good by a magistrate
or other public officer.
> in the absence of such AFFIDAVIT, frag-
ments OF notes, exceeding bv measurement
one-halfo Of their original surface, viii be re-
deemed in their proportion To the whole note
reckoning as a general rule by twentieths.
J. Mutilated notes which have been torn, no
matter how much, but Of which all the frag-
ments are returned, or defaced, 40 matter
how badly. so that II is certain they are gem
uine. viii be redeemed at their full face value
on presentation.
4 Fragments oflegal tender notes for which
less than the full value has been paid will be
retained six months 20 enable owners 20 re-
turn 10 the Treasury missing parts Of such
notes and receive the amount previously
withheld. such return should give the date
OF h letter nom this Office transmitting the
original remittance.
STEREsT-BEARISG NOTES.
The rules FOR the redemption OF mutilated
United States notes are likewise applicable TO
mutilated interest-bearing notes.
COupOn OF " years i've per cent. Treas
ury notes separated from the notes Of which
they constituted a pant, are of ne value eX-
cept when presented for redemption with the
notes to which they belong. Coupons should
not be detached nom the nVe per cent notes
redeem them at maturity. But this regula-
ton does not apply 10 coupon notes or bonds
other than i've per cent notes
FRACTIONAL
Defaced fractional notes, II whole, are not
considered as mutilated when presented Tor
redemption. nor is an evidently accidental
dimInution reducing the note by not more
than One-tenth.O 81 its size regarded as "a multi
alton.
L Fragments Of a note will not be redeemed
unless Il shall be clearly evident that they
constitute One-haE or more OF one original
note; in which case a note, however multi
ated, " i'll be redeemed in proportion 20 the
whole note, reckoning by mIths, except three
cen notes. which VIII be reckOned by thirds.
? Mutila1iOns less than one-tenth will be
d~isregarded, unless fraudulent; but any mu-
tilatiOn which destroys more than One-tenth
OF the original note viii reduce the redemp-
lion value ofthe note by one-hIth its face
value, or if - three cent note, by one-third of
Its original value.
3. Fragments OF a three cent note will not
be redeemed, unless such fragments cOnsti-
tute IulIy Jwo-thirds OF the note in its Origi-
nal form.
must be in sums OF not less than three dollars
nj their original value.