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orders thereon.

president, directors and company of the Bank of the United States, or any false, forged, or counterfeited order or check, upon the said bank or corporation, or any cashier thereof, knowing the same to be falsely forged or counterfeited, or shall pass, utter, or publish, or attempt to pass, utter or publish, as true, any falsely altered bill or note, issued by order of the president, directors and company of the Bank of the United States, or any falsely altered order or check, on the said bank or corporation, or checks or or any cashier thereof, knowing the same to be falsely altered with intention to defraud the said corporation, or any other body politic, or person; every such person shall be deemed and adjudged guilty of felony, and being thereof convicted by due course of law, shall be sentenced to be imprisoned, and kept to hard labour, for a period not less than three years, nor more than ten years, or shall be imprisoned not exceeding ten years, and fined not exceeding five thousand dollars: Provided, That nothing Saving of herein contained shall be construed to deprive the courts tion of state of the individual states of a jurisdiction under the laws of the several states, over the offence, declared punishable. by this act.

SEC. 2. And be it further enacted, That the act, intituled "An act to punish frauds committed on the Bank of the United States," passed the twenty-seventh day of June, one thousand seven hundred and ninety-eight, shall be and the same is hereby repealed: Provided nevertheless, That the repeal of the said act shall not be so construed, as to prevent the trial, condemnation or punishment of any person, or persons, charged with or guilty of a violation of any of its provisions, previous to the passing of this act.

Approved, February 24, 1807. .

ACT OF MARCH 14, 1812.

CHAP. XLI.-.1n act authorizing a loan for a sum not exceeding eleven millions of dollars.

*

the jurisdic

courts.

Repeal of

act of June 27,

1798, ch. 61.

2 Stat. L., 694.

the banks in

Columbia to

SEC. 4. And be it further enacted, That it shall be law- Lawful for ful for any of the banks in the District of Columbia to the District of lend any part of the sum authorized to be borrowed by make the loan or any part virtue of this act, any thing in any of their charters of thereof. incorporation to the contrary notwithstanding. Approved, March 14, 1812.

695.

ACT OF MARCH 19, 1812.

2 Stat. L, CHAP. XLIII.-An act repealing the tenth section of the act to incorporate the subscribers to the Bank of the United States.

[Obsolete.]

Be it enacted by the Senate and House of Representa tives of the United States of America in Congress assemThe tenth bled, That the tenth section of the act, entituled “An act

section of the

act incorporat to incorporate the subscribers to the Bank of the United ing the bank repealed. States," shall be, and the same is hereby repealed.

266.

Approved, March 19, 1812.

ACT OF APRIL 10, 1816.

3 Stat. L., CHAP. XLIV.-An act to incorporate the subscribers to the Bank of the United States.

[Expired.]

4

689.

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(Section 14 provides "that the bills or notes of the said corporation originally made payable, or which shall have become payable on demand, shall be receivable in all payments to the United States, unless otherwise directed by act of Congress.")

ACT OF JUNE 27, 1834.

Stat. L., CHAP. XCII.-An act making appropriations for the civil and diplomatic expenses of government for the year one thousand eight hundred and thirty-four.

Payments not

to be made in

low par at

ment.

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SEC. 3. And be it further enacted, That no payment of bank notes be the money, appropriated by this act, or any other act place of pay- passed at the present session of Congress, shall be made in the note or notes of any bank which shall not be at par value at the place where such payment may be made, provided that nothing herein contained shall be construed to make any thing but gold and silver a tender in payment, of any debt due from the United States to individuals.

Approved, June 27, 1834.

(Similar provisions are contained in the appropriation acts of March 3, 1835 (chap. 30, sec. 4, 4 Stat. L., 771), April 14, 1836 (chap. 52 (limiting amount, etc.), 5 Stat. L., 9).)

ACT OF JUNE 30, 1834.

CHAP. CLXXIV.-An act to prohibit the corporations of Washington, Georgetown, and Alexandria, in the District of Columbia, from issuing promissory notes or bills of any denomination less than ten dollars after the period therein mentioned, and for the gradual withdrawal from circulation of all such notes or bills.

NOTE. The act of June 30, 1834 (4 Stat. L., 742), forbids the corporations of Washington, Georgetown, or Alexandria to issue any promissory note or bill of a less denomination than ten dollars, and that they shall annually withdraw from circulation and destroy such notes or bills issued by them to the extent of onefifth per annum, etc.

ACT OF APRIL 14, 1836.

CHAP. LII.—An act making appropriations for the payment of the revolutionary and other pensioners of the United States, for the year one thousand eight hundred and thirty-six.

5 Stat. L., 9.

No bank note of less denomi

ten dollars

1837. No bank

nomination

offered in pay

United States; no bank note unless

specie, or con

SEC. 2. And be it further enacted, That hereafter, no bank note of less denomination than ten dollars, and that nation than from and after the third day of March, anno Domini, after Mar. 3, eighteen hundred and thirty-seven, no bank note of less note of less dedenomination than twenty dollars shall be offered in pay-than $20 to be ment in any case whatsoever in which money is to be paid ment by the by the United States or the Post Office Department, nor and shall any bank note, of any denomination, be so offered, equivalent to unless the same shall be payable, and paid on demand, in vertible into gold or silver coin, at the place where issued, and which without loss, to shall not be equivalent to specie at the place where act not offered, and convertible into gold or silver upon the spot, a legal tender at the will of the holder, and without delay or loss to silver." him; Provided, That nothing herein contained shall be construed to make any thing but gold or silver a legal tender by any individual, or by the United States. Approved, April 14, 1836.

ACT OF JULY 5, 1838.

gold or silver

be paid. This

make anything

but gold

255.

or

CHAP. CLVIII.-An act to modify the last clause of the Stat. 5 Stat. L., fifth section of the deposite act of the twenty-third of June, eighteen hundred and thirty-six.

1836, ch.

clause, modi

Be it enacted by the Senate and House of Representa-23Act of June tives of the United States of America in Congress assem-115. last bled, That the last clause of the fifth section of the act ied as to isentitled "An act to regulate the deposites of the public under $5.

sues of notes

297.

money," approved on the twenty-third day of June, eighteen hundred and thirty-six, declaring that the notes or bills of no bank shall be received in payment of any debt due to the United States, which shall, after the fourth day of July, in the year one thousand eight hundred and thirty-six, issue any note or bill of a less denomination than five dollars, shall be, and the same is hereby, so far modified as that the interdiction as to the reception of the bills and notes shall not continue against any bank which has, since the said fourth day of July, in the year one thousand eight hundred and thirty-six, issued bills or notes of a less denomination than five dollars, or which shall issue any such bills or notes prior to the first day of October, in the year eighteen hundred and thirty-eight, but that from and after the said last mentioned day, the bills or notes of no bank shall be received in payment of any debt due to the United States, which bank shall, after that date, issue, reissue, or pay out any bill or note of a denomination less than five dollars.

Approved, July 5, 1838.

ACT OF JULY 7, 1838.

5 Stat. L, CHAP. CLXXXV.—An act to prevent the issuing and circulation of the bills, notes and other securities of corporations created by acts of Congress which have expired.

(Section 1 makes it a high misdemeanor for any director, agent, or trustee of any corporation created by act of Congress, the charter whereof has expired, to reissue or knowingly put in circulation any bill, note. check, draft, or other security of such expired corporation; and section 2 gives to the circuit courts of the United States jurisdiction, on bill or petition, to restrain the issue or transfer of such bills, notes, and other securities when in the possession or control of any director. agent, or trustee of such expired corporation, and to cause such of said bills, notes, and securities as have been redeemed to be delivered up and canceled.)

Approved, July 7, 1838.

ACT OF JULY 7, 1838.

5

309.

CHAP. CCXII.-An act to restrain the circulation of Stat. L., small notes, as a currency, in the District of Columbia, and for other purposes.

(This act made it unlawful after the 10th of April, 1839, to issue, etc., in the District of Columbia, any note, etc., less than five dollars, and after the passage of this act to issue, de novo, or knowingly to pass, etc., within the District, any note, etc., of less than five dollars. The act of December 27, 1854 (10 Stat. L., 599), contains similar provisions.)

ACT OF MARCH 31, 1840.

CHAP. V.-An act additional to the act on the subject of 370.

Treasury notes.

Stat. L.,

Act of 12th

2, etc., renewed.

Be it enacted by the Senate and House of Representa- oct. 1837, ch. tives of the United States of America in Congress assembled, That the regulations and provisions contained in the act passed the twelfth day of October, in the year one thousand eight hundred and thirty-seven, entitled "An act to authorize the issuing of Treasury notes," and in the subsequent acts in addition thereto, be, and the same are hereby, renewed, and made in full force, excepting the limitations concerning the times within which such notes may be issued, and restricting the amount thereof as hereafter provided.

notes may be

of others

re

SEC. 2. And be it further enacted, That under the Treasury regulations and provisions contained in said act, Treas- issued in lieu ury notes may be issued in lieu of others hereafter or deemed. heretofore redeemed, but not to exceed in the amount of notes outstanding at any one time, the aggregate of five millions of dollars; and to be redeemed sooner than one year, if the means of the Treasury will permit, by giving notice sixty days of those notes which the Department is ready to redeem; no interest to be allowed thereon after the expiration of said sixty days.

SEC. 3. And be it further enacted, That this act shall continue in force one year and no longer. Approved, March 31, 1840.

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