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498

T H IR T Y -E I G H T H

propriatidn for
pay of army.

inbefore appropriated for the pay o f the army, the sum o f thirty-six mill­
ions o f dollars is hereby appropriated out o f any money in the Treasury
not otherwise appropriated.
ArFRQYEV, March 3, 1865.

March 3, 3865.

TiiiTch. 1067

§ 21.

Ante, p. 105.

Banking asso­
ciations after
transfer, &c., of
bohds, may re­
ceive circulating
notes.
Limit of
amount of notes
to be received.

Apportionment
of authorized
circulation.

March 3,1865.

C O N G R E SS.

S e s s . II.

Ch. 82, 83.

1865.

L X X X II. — An Act to amend an A ct entitled “ An A it to provide a National Cw
rency, secured by a Pledge o f United States Bonds, and to 'provide fo r the Circulation and
Redemption thereof.”

C hap.

Be it enacted by the Senate and House o f Representatives o f the United
States o f America in Congress assembled, That section twenty-one of
said act be so amended that said section shall read as follows :
S e c . 21. And be it further enacted, That upon the transfer and delivery
of bonds to the treasurer, as provided in the foregoing section, the asso­
ciation making the same shall be entitled to receive from the comptroller
o f the currency circulating notes o f different denominations, in blank, reg­
istered and countersigned as hereinafter provided, equal in amount to
ninety per centum of the current market value o f the United States bonds
so transferred and delivered, but not exceeding ninety per centum of the
amount o f said bonds at the par value thereof, if bearing interest at a rate
not less than five per centum per annum ; and the amount of said circu­
lating notes to be furnished to each association shall be in proportion to
its paid-up capital as follows, and no more : T o each association whose
capital shall not exceed five hundred thousand dollars, ninety per centum
o f such capital; to each association whose capital exceeds five hundred
thousand dollars, but does not exceed one million dollars, eighty per centum
o f such capital; to each association whose capital exceeds one million dol­
lars, but does not exceed three millions o f dollars, seventy-five per centum
of such capital; to each association whose capital exceeds three millions
o f dollars, sixty per cent, o f such capital. And that one hundred and
fifty millions o f dollars o f the entire amount o f circulating notes author­
ized to be issued shall be apportioned to associations in the states, in the
District o f Columbia, and in the territories, according to representative
population, and the remainder shall be apportioned by the Secretary of
the Treasury among associations formed in the several states, in the Dis­
trict of Columbia, and in the territories, having due regard to the existing
banking capital, resources, and business o f such states, district, and terri­
tories.
A pp ro ved , March 3, 1865.
L X X X III, — An A ct to prevent the Enlistment o f Persons charged with Crime in
the District o f Columbia, as Substitute [s] or as Volunteers in the Army or Navy, and to
prevent Frauds at the District Jail, in the City o f Washington.

Chap.

Be it enacted by the Senate and House o f Representatives o f the United
States o f America in Congress assembled, That, from and after the pas­
sage of this act, it shall be unlawful for any person, with knowledge of the
fact, to present or offer to any recruiting agent or officer, or any muster-in
officer in the United States military or naval service, either as a volunteer
or as a substitute for any person, any person charged with the commission
of any criminal offence, and confined or held on bail for the trial of such
offence, within the District o f Columbia ; and it shall in like manner be
unlawful for any person, in any way or manner, to abet, aid, or assist in
procuring the offer or acceptance of any person so charged or held for
trial, or released on bail and awaiting trial, either as a volunteer or as a
substitute for any person drafted or liable to draft in the military or naval
service o f the United States, whether the person so drafted or liable to
draft shall be a resident o f the District o f Columbia, or shall reside else­
Punishment of where. And any person who shall knowingly offend against the provis­
principals and
ions o f this section, or either o f such provisions, shall be deemed guilty
accessories.
o f a misdemeanor, and shall upon conviction thereof, before a court of

Persons
charged with
crime in the
District of Colum­
bia not to be of­
fered as volun­
teers or substi­
tutes.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102