Extracts From the Laws of the United States Relating to Currency And Finance
Extracts From the Laws of the United States Relating to Currency And Finance
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And when such redemptions have been so reimbursed, the circulating notes so redeemed shall be forwarded to the respective associa- tions by which they were issued ; but if any of such notes are worn, mutilated, defaced, or rendered otherwise unfit for use, they shall be forwarded to the Comptroller of the Currency and destroyed and replaced as now provided by law : Provided, That each of said associations shall reimburse to the treasury the charges for transportation, and the costs for assortin...g such notes ; and the associations hereafter organized shall also severally re- imburse to the treasury the cost of engraving such plates as shall be ordered by each association respectively ; and the amount assessed upon each association shall be in proportion to the cir- culation redeemed, and be charged to the fund on deposit with the Treasurer : And provided further, That so much of section thirty-two of said national bank act requiring or permitting the re- demption of its circulating notes elsewhere than at its own counter, except as provided for in this section, is hereby repealed.
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To quickly assess the difficulty of the text, read a short excerpt:
And when such redemptions have been so reimbursed, the circulating notes so redeemed shall be forwarded to the respective associa- tions by which they were issued ; but if any of such notes are worn, mutilated, defaced, or rendered otherwise unfit for use, they shall be forwarded to the Comptroller of the Currency and destroyed and replaced as now provided by law : Provided, That each of said associations shall reimburse to the treasury the charges for transportation, and the costs for assortin...g such notes ; and the associations hereafter organized shall also severally re- imburse to the treasury the cost of engraving such plates as shall be ordered by each association respectively ; and the amount assessed upon each association shall be in proportion to the cir- culation redeemed, and be charged to the fund on deposit with the Treasurer : And provided further, That so much of section thirty-two of said national bank act requiring or permitting the re- demption of its circulating notes elsewhere than at its own counter, except as provided for in this section, is hereby repealed.
What to read after Extracts From the Laws of the United States Relating to Currency And Finance?
You can find similar books in the "Read Also" column, or choose other free books by Statutes United States Laws to read onlineMoreLess
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