New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-07-26
BONDS FUR THE Payment or DUTIES.
AN EMBARRASSING RULING OF TIE TREASURY De
PAKrMnNT TO BIZ ENFORCED.

AN EMBARRASSING RULING OF THE TREASURY DE-
PAKrMnNr TO BIS ENFORCED.
A letter was received last Friday at the
CusoniOuse toin the Treasury Department NJ WASH
iurt.u informing the Collector that the Department had
decided to cary out fully the provisions of decision NO.
226I dated May - 1879 in reference to the execution
OF bonds given 10 secure the payment OF duties.
Section % OF ue act " March ], 1923, has been
omitted from the Revised Statutes; while that
law was in the practice 10 al Ow member
Of firm 10 enter INTO bond for duties III behalf OF the
entire As the law now stands the Secretary decides
that snch practice must be discontinued with view,
however, OF avoiding possible ADVERTISEMENTS the cir
GUAR letter of last May provides that
bcrs Of firm may he permitted to execute such bonds
in behalf of the absent IDbers, their individual
paety on iiing with the Collector continuing power oi
attorney under seal comforting such authority, which
must he renewed in accordance with general
rclrIlatiuns On Of the absence Of more
members OF firm, tle Collector Is instructed To allow
the resident partners execute such bOud, III which case
the recital OF the parties Ia the bond viii include tue
a. COMPOSING I1n adding the iri-nanie, LdnS
production Of the power 81 attorney from absent
members. In such the firm name with seal IA
to he signed INST, AM tnen the signatures OF the
particular numbers Of the firm signing tie finn
name must he added attorneys. All resident
cOportners viii also sign In th'ir miYidt capacity
Wnen all se partners preaen, or fePreseue by az
turcy duly constituted uuier SEAL tnc OF The i.ln
need not be sgned to the band Alter SIX months tue
Collector is instructed to report 10 the Department,
"
power " attorney from aDscnt members have Dcea CON
Piled with.
GA receipt Of the crcnlar letter in May Collector Arthur
addressed lctcl to The Dfpirimeit s'Itns iurtn thr
great Inconvenience ANA trunpc that sucn rnic wOid
occasion in NeW-NO whcie liriu In 0iicD composed OF
sc, efil and heavy importing bu.Iers done.
and ia tho tine deferred enforcing tIe rule
lac sLoud hear sr.iu from inc Department. Snc' the
receipt Of the following letter. he ts decided 10 put ,ie
rule l force at once:
TREASURY DEPARTMENT, July 90, 1879.
SIR: The Department has und cDn>id ration Ia. sg
gcs ion, presented Ia your liter Of Tie 3On ut ON c
Instructions ades sed Ia the Collector az bdtnoic
under date May - last, ana subsequently, published III
The Official record decisions lOr tina, H. From the
tenor OF your letter Ii wOnd appear that YOU incne 10
opinion thai, dOusn SetIUn - oi the act VI March
l. ISIS, omitted from tne Revised Statutes, bond
slcc executed 10y hut ncInOtr Of linn, IA the
The uiin continues 10 possess tine same Validity,
the INN, II sad section were hiil III iurce. lac
consideration have gwen tue bJert, however, leads 1"
the CONCLUSION that Whlle Temporary Inconvenience must
necessarily ics.s;, especially AT the port ~ hcwi OH,
from Obsc Oi TIC Instructions above c4crTel to,
YET view OF tIc important interests involved IL Is not
eXiolen to psGs any d.uhtiG course. have, tAcre-
Iequ 81 that VIII cause the said inst uctIOLs
~ be carefully observed at your port.