Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-06
FINANCE N TRADE.
redemption Of National Currency.

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XIV R~EGULArfo OF THE TREASURY DE-
PARTMEST.
The following regulations are adopted in
lieu ofsi 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. C., and 10y no other officer.
UNITED srATEsN NOTES.
Notes presented for redemption, the abra-
sion or loss OF substance from which does not
exceed one-twpntietn OF their original pro-
portions, Will be redeemed as whole notes.
l. Fragments oi notes viii not be redeemed
IN full, except when proofs adduced by am
davit That the missing parts OF SUCH notes
have been totally destroyed, and stating The
cause and manner Of destruction. Less than
half Of a note is not redeemable at All, unless
accompanied by such affidavit when presented
by the holder. The character OF me aIlant
must be certified 20 be good by a magistrate
I'm fhe absence OF such affidavit, frag-
ments OF notes, exceeding by measurement
one-half OF their original surface, viii be re-
deemed ia their proportion 60 the whole note
reckoning a. "a general rule by twentieths-
3. Mutilated notes which have been torn, no
matter how much,b but OF which all the rag
ments are returned, OF deiaced, no matter
how badly. SO that IL is certain they are gem
uine, viii be redeemed at their iull lace value
l. Fragments oflegal tender notes for which
less than the fun value has been paid viii be
retained s.N months 20 enable owners to re-
turn 10 the Treasury missing parts OF sucn
notes and receive the amount previously
withheld. such return should give the dale
of the letter from this office transmitting the
original remittance.
INTEREsT-REARISG NOTES.
The rules for the redemption Of mutllated
United states notes are likewise applicable 70
mutiiated iuterCst-hearlng notes
coupons Of two years nVe per cent Irets-
urv notes separated from the notes OF when
they constituted a part, are OF no value eN-
cent when presented for redemption win the
NOES 40 which they belong. Coupons should
NOT be detached from the nve per cent. notes
except by "a Government officer authorized 70
redeem Them at maturity But THIS regula-
tfon does not apply To coupon notes OF oohos
other than nye per e notes
FRACrIoNAL CURRENCY.
,Nefaced fractional notes, If whole, are not
cons dercd rs mutilated when presented for
redsn,.tion. nor is an evidently accidental
Aluminium reducing the note by not more
than one-teE th.ofi ITS size regarded as a multi
alton.
l. Fragment OF q note viii not be redeemed
unless II shall be clearly evident thaL they
constitute one-half OF more OF one oL1sai
note. In which ease a nofei however mutt
ated iii be redeemed I'M proportion 70 the
whole note. reckoning by n1ths, except tHLee
cent notes, which will be reckohea ~ Hm -
, Mutilatious less than One-tenth VIII De
disregarded. unless fraudulent; bul any Liu-
tilatiUn which destroys more Ihah "he-tentn
OF The original note VIII reduce ms ESue.nP
ton value ofthe note by une-nlh ~ laCs
ralue, or ia three cent note, by ohe-lAlIu u
OF "a three cent hOte wiz not
zoe redeemed. unless such fragments consul
Eute IuIiy Iwo-thirds OF the note IN us 0Tlsl-
nal form. -
a NutiIated notes presented for redemption
muSJ be in sums OF not less than three uollafs
OF their original value.