Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-20
FINANCE AND TRADE.
redemption of National Currency.


xEw REGULATIONS OF THE TREASURY De
PARTMKSE-
The following regulations are adopted IN
lieu Of all which haVh been heretofore issued
bv The Treasury Department In regard 10 the
redemption Of United States currency;
CURRENCY.
MutiIated currency is redeemabie by the
Treasurer Of the United states, al WHshing-
ton, D G., and by no other onncer.
UNITED sTArEs NOTES.
Notes presented for redemption, the abra-
sion or loss of substance nom which does mot
exceed One-Iwentieth OF their original pro-
portions, viii be redeemed as whole notes.
l. Fragments OF notes VIII not De redeemed
in full, except when proofs adduced Dy am-
dRvft inst the missing parts OF sueh notes
have been totally destroyed, and sISttnS the
Cause aud manner OF destruction Less than
half Of a note Is not redeemable 81 all, unless
accompanid by such affidavit EhenpTesented
by the holder. The character OF the aInant
must be certified 10 be good by a magistrate
OF other public omcer.
Z In the ab.ence OF such affidavit, rag
rneuts Of notes, exceeding by measurement
uue-half OF their original surface, VIII be re-
deemed IN their proportion 10 the whole note
reckoning as q general rule by tWentleths.
4 INITIATED nofes which have been torn, no
matter how much, but Of which all the rag
ments are returned, or defaeed, no matter
how badly, so that tt Is certain they are gen
nine, Will be- redeemed At their ful face value
on presentation.
fragments ofleEal lender notes for which
less Than the fuli value has been paid will be
retained six months TO enable owners 10 re-
turn 10 the treasury missing parts OF such
Natss and receive the amount previously
Vii >Ipld. such return should give the uate
9TH ~ster nom this office transmitting the
ORIGINAL n, '~~oitiance.
NrFK~ sT-BEARrNG NOTES
The rules for the r~tempuon OF mutilsted
United States notes are no1es
uugilatea uucreSt-bearinK Uott TIE
coupons OF two years nNe ~ - 1-ht.b
ury notes separated from the NOE
they constituted a palt are OF ~ Eith me
NOTES 10 which They belong.
not hr detached nom the nNe pei en-
eNrtuI hN "a Government Omcef ahtnuILL-o
lgd,Em Them al maturity hNt ms iSshl
uon does not apply To coupon noles OF DoANS
other han nVe per cent notes
FRACrIoNAL
U4lsced fractional notes, II whole, are not
rau,ldrfDd a. lnutilateu when presenter .oi
redemption, nor Is an evidently acctuehtnl
alrluuu0n reducing the note 10y nov mort
Than O~ne-A<Allsul Us Size tVBaAuON
\ Fragments ofa note win not be redeemed
urIaSS Ia shall be clearly evident thht iheg
constitute une-half OF more OF one original
note. in which case a note, however mutll-
ar-i sill be rCdecmed1n proportion 70 lhe
eFNtle note, reckoning by nithsi except tnIee
.-aur Mote. which Will be reckoned by thlrls-
MutIlaIs8ns less than one-tenth viii De
S5Srlsart,t unless fraudulent: but any mu-
Ulatiun which destroys more Than ohe-teith
all tue original note EM reduce the IcdeHAP
non vaiue oIJHe note by Dne-hith is iace
EaIue. or ffa three cent note, D. 0pe-thlfu OF
fragment 81 q three cent note viii mol
- v-fraungd. unless such fragments constr
Tutr fulY IwO-thirds OF the note IN us orig
nal form
r,51sf f.- IN sums OF not less than three doIlaFs
Of thelT original value.