Year: 1866

CHAP LXXXI.-AN ACT to authorize the


Coinage.o of Five-cent Pieces.


CHAP. CIVILIAN ACT to regulate and


secure the Safe-Keeping of public Money


intrusted to Disbursing Officers OF the


United States.


Be 1T enacted By the Senate and H0useot hep
resentatires of tie United States OF AmeI9cd 'n
Conqress assembled, That from and after the
massage of this act it shall be the duty OF
every disbursing officer of the United States
having any public money intrusted to him
for disbursement to deposit the same with
the treasurer or some one OF the assistant
treasurers of the United States, and to draw
for the same only as it may be required for
payments to be made by him IN pursuance
of law and all transfers from the treasury
of the United States to a disburslng officer
shall be by draft or warrant on the treasury
or an assistant treasurer of the United
States: Provided, That in places where there
is no treasurer or assistant treasurer of the
United States; the Secretary OF the treasury
NAV when he deems it essential to the pub
lie interest, specially authorize IN writing
the deposit of such public money III any 9TH
er public depository, or, in writing, author
ize the same to be kept in any other manner,
and under such rules and regulations as he
NAV deem most safe and etfectual to facili-
tate the payments to public creditors.


SEC 2 Ind be 1T further eaacted, That if
any disbursing officer of the United States
shall deposit any public money lntruSted to
him in any place or in any manner, except
as authorized by law, or shall convert TO MS
own use in any way whatsoever, or snaII
loan, with or without interest, or shall for
anv purpose not prescribed by law withdraw
from the treasurer or any assistant treaSu-
rer, or any authorized depository, or shall
for any purpose not prescribed by law trans
fer or apply any portion ofthe public money


- l.. Suoh uba1 no
deemed and adjuged an embezzlement of the
money so deposited, converted, used, loaned,
withdrawn, transferred, or applied and
every such act is hereby declared felony,
and upon conviction thereof shall be punish
Oh nv Imprisonment for term not less than
one year nor more than ten years, or by fine
NOT more than the amount embezzled nor
loss than one thousand dollars or by both
such fine and imprisonment, at the discre-
tion of the court


SEC T3.1 And be it further enacted, That
if any banker, broker, or any person, not an
authorized depository of public moneys,
shall knowingly receive from any dIsburslng
officer, or collector OF Internal revenue, or
other aren't of the United States any public
money on deposit or by way of loan or ac-
commOdatiOn, with or without interest, or
otherwise than in payment of debt against
the United States or shall use, transfer, con-
vert, appropriate or apply any portion of the
public money for any purpose not prescibed
bv law; or shall counsel, aid, or abet, any
disbursing officer or collector of internal
revenue or other agent of the United States
in so doing, every such act shall be deemed
and adiudged an embezzlement of the money
so deposited, loaned, transferred, used, con
verted, appropriated, or applied and any
president cashier, teller, director, or other
officer of any bank or banking association
who shall violate any of the provisions of
this act shall be deemed and adjudged gull
ty of embezzelment of public money, and
punished as provided in section two of this
act


APPROVED. June IA, 1865.