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Coinage, standard silver dollar authorized. An act to authorize the coinage of

the standard silver dollar, and to restore its legal-tender character. (Act

of February 28, 1878.)...

149

Coinage, twenty-cent piece prohibited. [Public No. 51.] An act to prohibit the

coinage of the twenty-cent piece of silver. (Act of May 2, 1878.)...

152

Notes, United States legal-tender. [Public No. 65.] An act to forbid the further

retirement of United States legal-tender notes. (Act of May 31 1878 )..... 152

Mints and assay-offices. An act to authorize the Secretary of the Treasury to con-

stitute superintendents of mints or assayers in assay-offices assistant treas-

urers of the United States. (Act of June 8, 1878.).

152

National currency. An act to provide a national currency, secured by a pledge of

the United States bonds, and to provide for the circulation and redemption

thereof. (Act of June 3, 1864.)

153

National currency. An act to amend an act entitled "An act to provide a national

currency secured by a pledge of United States bonds, and to provide for the

circulation and redemption thereof.” (Act of March 3, 1865.).

183

National banking associations. An act to prevent loaning money upon United

States notes. (Act of February 19, 1869.) ..

183

National banking associations. An act regulating the reports of national banking

associations. (Act of March 3, 1869.)

184

National banking associations. An act to require national banks going into liqui-

dation to retire their circulating notes. (Act of July 14, 1870.).

185

National bank reserves. An act for the better security of bank reserves, and to

facilitate bank clearing-house exchanges. (Act of June 8, 1872.)

186

National banking associations. An act to require national banks to restore their

capital when impaired, and to amend the national currency act.

(Act of

March 3, 1873.)..

187

Comptroller of the Currency, to make annual report. (R. S., sec. 333.)..

188

Circulation, when exempt from taxation. (R. S., sec. 3411.).

188

Tax on notes of persons used for circulation. (R. S., sec. 3412.)......

188

Tax on notes of city or corporation used for circulation. (R. S., sec. 3413.)...... 189

Bank associations to make semi-annual report of circulation. (R. S., sec. 3414.). 189

Penalty for failure to make semi-annual report. (R. S., sec. 3415.)......

189

Banking associations to make return and payment of tax of converted State

banks. (R. S., sec. 3416.)...

189

Tax on circulation not to apply to national banks, except. (R. S., sec. 3417.)... 190

National banking associations designated shall be depositaries of public money,

except. (R. S., sec. 5153.).

190

Associations which are governed by chapters 2, 3, and 4. (R. S., sec. 5157.).... 190

United States bonds defined. (R. S., sec. 5158.)

190

United States registered bonds to be deposited before commencing business. (R.

S., sec. 5159.)....

190

Bonds to be increased upon increase of capital. (R. S., sec.5160.).

191

Coupon bonds exchangeable for registered bonds. (R. S., sec. 5161.).

191

United States bonds, how transferable by banking associations. (R. Ş., sec. 5162.) 191

Annual examination to be made of bonds deposited with United States Treas-

vrer. (R. S., sec. 5166.)..

191

Bonds deposited by associations with Treasurer of the United States held for

security of its circulation. (R. S., sec. 5167.) ...

192

Banking associations entitled to circulating notes upon deposit of bonds. (R.

S., sec. 5171.)..

193

Form and denomination of circulating notes. (R. S., sec. 5172.)

193

Plates and dies for printing circulating notes, expense of. (R. S., sec. 5173.). 194

Denomination of notes furnished to banking associations. (R. S., sec. 5175.). 194

Circulation of certain banks limited. (R. S., sec. 5176.)

194

Aggregate amount of circulating notes. (R. S., sec. 5177.)

194

Apportionment of circulating notes. (R. S., sec. 5178.)

194

Banking associations to receive circulating notes, when. (R. S., sec. 5179.) 195

Procedure in withdrawing excess of circulation. (R. S., sec. 5180.).........

Removalof associations from States having excess of circulation. (R. S., sec. 5181.) 196

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Circulating notes, when may be issued by associations. (R. s., sec. 5182.)...... 196

National banking associations prohibited from issuing certain notes. (R. S.,

sec. 5183.)...

196

Mutilated circulating notes to be replaced. (R. S., sec. 5184.)..........

196

Organization of associations for issuing gold-notes. (R. S., sec. 5185.)...... 197

Reserve required on circulation of gold-notes, what amount. (R. S., sec. 5186.)..

Banking associations to transact business, where. (R. S., sec. 5190.).

197

Requirements as to lawful money reserve. (R. S., sec. 5191.)

197

Redemption cities, amount of reserve which may be kept therein. (R. S., sec.
5192.)....

198

United States certificates of deposit, how may be issued. (R. S., sec. 5193.) 198

Limitation upon the issue of certificates of deposit. (R. S., sec. 5194)....... 199

Agents for redemption of circulating notes to be designated. (R. S., sec. 5195.).. 199

National banks to receive notes of other national banks. (R. S., sec. 5196.). 199

Circulating notes not to be hypothecated. (R. S., sec. 5203.)...

199

Banking associations not to pay out uncurrent loans. (R. S., sec. 5206.).

200

Associations not to offer or receive United States notes as collateral security.

(R. S., sec. 5207.)....

200

Aseociations to pay duty upon circulation, deposits, and capital stock. (R. S.,

sec. 5214.)..

200

Associations to make semi-annual return of circulation. (R. S., sec. 5215.) 200

Associations failing to make semi-annual return to be assessed. (R. S., sec.
5216.).

201

Associations failing to pay tbe duties imposed, how collected. (R. S., sec. 5217.). 201

Associations paying duties in excess, how refunded. (R. S., sec. 5218.).

201

Associations going into liquidation. (R. S. sec. 5220.)

201

Associations to deposit lawful money to redeem circulation. (R.S., sec. 5222.).. 201

Associations consolidating with others exempt from making deposit. (R. S., sec.
5223.).

202

Associations to receive reassignment of bonds, when. (R. S., sec. 5224.)

202

Notes of an association closing business, after redemption, to be burned. (R. S.,

sec. 5225.)....

202

Association failing to redeem its circulating notes, mode of protesting. (R. S.,

sec. 5226.)..

202

Associations failing to redeem, bonds to be forfeited. (R. S., sec. 5227.)..

203

Associations not to do business afier notice of protest. (R. S., sec. 5228.).

203

Bonds of an association forfeited, Comptroller to give notice. (R. S., sec. 5229.). 203

Association refusing to pay its circulating notes, bonds to be sold at public

auction. (R. S., sec. 5230.)

204

Bonds of an association may be sold at private sale, when. (R. S. sec. 5231.) 204

Notes redeemed by the Treasury, disposition to be made of them. (R. S., sec.

5232.)...

204

Notes to be canceled after payment at the Treasury. (R. S., sec. 5233.) -

204

Association refusing to pay its circulating notes, receiver to be appointed. (R.

S., sec. 5234.)..

204

Dividends by Comptroller, to whom paid. (R.S., sec. 5236.).

205

Injunction upon receivership, how obtained. (R. S., sec. 5237.)..

205

Expenses of protest and receivership. (R. S., sec. 5238.)

206

Transfers, assignments, and judgments, when void. (R. S., sec. 5242.)...... 206

Associations prohibited from using the word “national,” when. (R. S., sec.

5243.)...

206

Penalty for unlawfully countersigning notes. (R. S., sec. 5187.)

206

Penalty for imitating national-bank notes. (R. S., sec. 5188.).

207

Penalty for mutilating national-bank notes. (R. S., sec. 5189.)

207

Penalty for circulating notes of closed associations. (R. S., sec. 5437.) ....

207

National bank currency. An act fixing the aniount of United States notes, pro-

viding for a redistribution of tbe national-bank currency, and for other

purposes. (Act of June 20, 1874.)

230

Page. National bank notes, maceration of. Extract from "An act making appropria

tions for sundry civil expenses of the government for the fiscal year end-
ing June 30, 1875, and for other purposes.” (Act of June 23, 1874.)

211 Circulation of gold-notes. An act to remove the limitation restricting the circula

tion of banking associations issuing notes payable in gold. (Act of Jan. 19,
1875.)..

212 Tax on bank-checks. “An act to amend existing customs and internal-revenue laws, and for other purposes.” (Act of February 8, 1875.).....

212 Revised Statutes. “An act to correct errors and to supply omissions in the Revised Statutes of the United States." (Act of February 18, 1875.)...

213 National-bank examiners. An act to amend section five thousand two hundred

and forty of the Revised Statutes of the United States in relation to compen-
sation of national-bank examiners. (Act of February 19, 1875.).....

214 Receivers of national banks. An act authorizing the appointment of receivers of national banks and for other purposes. (Act of June 30, 1876.).

215 Bonds, District of Columbia. An act for the government of the District of Columbia and for other purposes. (Act of June 20, 1874.).

219 Bonds, District of Columbia. An act for i he payment of interest on three-sixty

five bonds of the District of Columbia. (Act of February 1, 1875.) ..-. 220 Bonds, District of Columbia. An act to amend an act entitled "An act for the

government of the District of Columbia and for other purposes,” approved
June 20, 1874. (Act of February 20, 1875.).

220 Bonds. District of Columbia. An act for the support of the government of the

District of Columbia for the fiscal year ending June 30, 1876, and for other
purposes. (Act of March 3, 1875.)

... 221 Bonds, District of Columbia. Joint resolution directing the Commissioners of the

District of Columbia to pay the interest on the bonds issued in pursuance of
the act of Congress approved June twentieth, eighteen hundred and seventy-
four, out of any funds in the United States Treasury subject to the requisition

of said Commissioners, and for o her purposes. (Act of March 14, 1876.)... 221 Sinking-fund, District of Columbia. [Public No. 80.] An act providing a per

manent form of government for the District of Columbia. (Act of June 11,
1878.).

222 Pacific Railroad bonds. An act to aid in the construction of a railroad and tele

graph line from the Missouri River to the Pacific Ocean, and to secure to the
government the use of the same for postal, military, and other purposes.
(Act of July 1, 1862.)

223 Pacific Railroad bonds. An act to amend an act entitled "An act to aid in the

construction of a railroad and telegraph line from the Missouri River to the
Pacific Ocean, and to secure to the government the use of the same for postal,

wilitary, and other purposes," approved July 1, 1862. (Act of July 2, 1864.). 227 Pacific Railroad bonds. An act to amend an act entitled "An act to amend an act

entitled 'An act to aid in the construction of a railroad and telegraph line
from the Missouri River to the Pacific Ocean, and to secure to the govern-
ment the use of the same for postal, military, and other purposes,' approved

July 1, 1862," approved July 2, 1864. (Act of July 3, 1866.).
Pacific Railroad bonds. An act to authorize the transf-r of lands granted to the

Union Pacific Railway Company, eastern division, between Denver and tbe
point of its connection with the Union Pacific Railroad, to the Denver Pacific
Railway and Telegraph Company, and to expedite the completion of rail-

roads to Denver, in the Territory of Colorado. (Act of March 3, 1869.). ... Pacific Railroad bonds. Joint resolution for the protection of the interest of the

United States in the Union Pacific Railroad Company, the Central Pacific

Railroad Company, and for «ther purposes. (Act of April 10, 1869.) ......
Pacific Railroad bonds. An act making appropriations for the legislative, execu-

tive, and judicial expenses of the government for the year ending June 30,
1874, and for other purposes. (Act of March 3, 1873.).

234 Pacific Railroad bonds. [Public No. 57.] An act to alter and amend the act enti

tled “An act to aid in the construction of a railroad and telegraph line from
the Missouri River to the Pacific Ocean, and to secure to the government
the use of the same for postal, military, and other purposes," approved July
1, 1862; and also to alter and amend the act of Congress approved July 2,
1864, in amendment of the first-pamed act. (Act of May 7, 1878.).

235 Secretary of the Treasury to withhold payments to certain railroads. (R. S., sec.

5260.)..

232

232

233

242

LAWS OF THE UNITED STATES

RELATING TO

LOANS AND THE CURRENCY,

INCLUDING THE COINAGE ACTS.

CHAP. XVI.-AN ACT ESTABLISHING A MINT AND REGULATING THE April 2, 1792. COINS OF THE UNITED STATES

Vol. 1, p. 246. SECTION 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, and it is hereby enacted and declared, That a mint for Mint estab: the purpose of a national coinage be, and the same is estab- of government. lished ; to be situate and carried on at the seat of the government of the United States, for the time being: And that for the well conducting of the business of the said mint, there shall be the following officers and persons, namely,– a Director, an Assayer, a Chief Coiner, an Engraver, a Treasurer. SEC. 2. And be it further enacted, That the Director of the Director to em

ploy workmen, mint shall employ as many clerks, workmen, and servants, &c. as he shall from time to time find necessary, subject to the approbation of the President of the United States.

SEC. 3. And be it further enacted, That the respective Duty of the functions and duties of the officers above mentioned shall be as follows: The Director of the mint shall have the chief management of the business thereof, and shall superintend all other officers and persons who shall be employed therein. The Assayer shall receive and give receipts for all metals Assayer. which may lawfully be brought to the mint to be coined ; 1794, ch. 4, sec. 2. shall assay all such of them as may require it, and shall deliver them to the Chief Coiver to be coined. The Cbief Chief coiner. Coiner shall cause to be coined all metals which shall be received by him for that purpose, according to such regulations as shall be prescribed by this or any future law. The Engraver shall sink and prepare the necessary dies for Engraver. such coinage, with the proper devices and inscriptions, but it shall be lawful for the functions and duties of Chief Coiner and Engraver to be performed by one person. The Treasurer shall receive from the Chief Coiner all the coins Treasurer.

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Act of March 3,

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