The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-12-05

gentle anointings with CUT1CURA, purest
of emollients and greatest OF skin cures.
Sod throughout the world. PoTRZR D. ASD G. Corr,
soe Props Boston. All About the Scalp and hsr'1F
$50 or any multiple thereof, bearing inter
est at the rate of per centum per an
mum, payable quarterly, such bonds to be
payable at the pleasure of the United
States after thirty years from the date
of their issue, and said bonds to be paya-
BILE, principal and interest, in gold coin
Of the present standard value, and to be
exempt from the payment of all taxes or
duties of the United States as well as
taxation in any form by or under state,
municipal or local authority: Provided,
that none of such outstanding bonds
shall be received in such exchange at a
vauation greater than their present
worth to yield an income Of pa per
centunl per annum, and said bonds shall
be issued at not less than par. and pro-
vided further, that such bonds when
issued shall be numbered consecutively in
the order of their issue, and when pay
ment is made the last number Issued
shall be followed until all the bonds are
paid, whenever any of the outstanding
bonds are called for payment interest
thereon shall cease three months after
such call: and provided further, that the
secretary of the treasury may, in his dis
erection, pay out of any money in the
treasury not otherwise appropriated, the
difference between the present worth,
computed as aforesaid, of the outstanding
bonds surrendered in accordance with the
provisions of this act, and their par
value
National banks-That upon deposit by
national banking associations of any
bonds of the United States under the pro-
visions Of Sections $3.50 and SLIGO of the
revised statutes of the United States, such
associations shall be entitled to receive
from the comptroller of the currency cir
culating notes of different denominations
in blank registered and countersigned as
provided by existing law, equal in face
value to the par value Of the bonds so
deposited; and national banking associa-
lions now having bonds on deposit for the
security of circulating notes less IN face
value than the par value of the bonds,
or which may hereafter have such bonds
on deposit, shall be entitled, upon due
application to the comptroller Of the cur
rency, to receive additional circulating
notes in blank to an amount which shall
/ increase the aggregate value of the cir
culating notes held by such associations
to the par value Of the bonds deposited
such additional notes to be held and treat
ed in the same way as circulating notes
of national banking associations hereto.
/ fore issued and subjected to all the pro
visions of existing law affecting such
notes: Provided. that nothing herein
contained shall be construed to modify
or repeal the provisions of SECTIONS SIC
and Sill of the revised statutes of the
UrHted States authorizing the comptroller
| of the currency to require additional de-
posts of bonds or of lawful money If
! case the market value of the bonds held
to secure the circulating notes shall fal
! below the par value of the circulating
notes outstanding for which such bond:
may be deposited as security: And pro,
vided further, that the circulating notes
furnished to national banking associa.
tions under the provisions of this act
shall be of the denominations prescribed
by existing law, except that no national
I banking association shall, after the pass.
age of this act, be entitled to receive OF
to issue or reissue or place in circulation
any circulating notes of a less denomina
| ton than ten dollars: And provided fur.
Their, that at no time shall the tota
amount Of such notes Issued to any such
association exceed the amount at such
time of its capital stock actually paid in
Tax on circulation-That every nationa
! banking association having on deposit as
provided by Sections 5159 and 5160 of the
revised statutes, bonds of the United
States bearing interest at the rate of
! per centum per annum to secure its circu-
lating notes shall pay to the treasurer oil
the United States in the months of jan
uary and July a tax of one-fourth of one
per centum each half-year upon the aver
| age amount of such OF its circulating
notes as are based upon the deposit OF
said per centum bonds. and such taxes
shall be in lieu OF existing taxes on its
circulating notes imposed by Section 5214
of the revised statutes.