Proviso. Secretary of the Treasury to cause to be constituted certificates of stock for the sum borrowed by virtue of this act. Proviso. No sale to be made at a less rate than eightyeipht dollars for one hundred dollars. Tho Secretary of the Treasury may employ agents to receive subscriptions. Compensation not to exceed one quarter of one per cent. Appropriation of 8,000,000 dollars for the payment of the interest and reimbursement of this loan. Commissioners of the sinking fund to pay the interest,and to repay the principal. Banks in District of Colum Treasury, or which may be received from other sources, to defray any expenses which have been or wiiich may be authorized for the service of the years one thousand eight hundred and thirteen and one thousand* eight hundred and fourteen, and for which appropriations have been or may be made by law during those years: Provided, That no engagement or contract shall be entered into which shall preclude the United States from reimbursing any sum or sums thus borrowed, at any time after the expiration of twelve years, from the first day of January next. Sec. 2. And be it further enacted, That the Secretary of the Treasury, with the approbation of the President of the United States be, and he is hereby authorized to cause to be constituted certificates of stock, signed by the Register of the Treasury, or by a commissioner of loans, for the sum to be borrowed by this act, or for any part thereof, and the same to be sold: Provided, That no such certificate shall be sold at a rate less than eighty-eight per centum, or eighty-eight dollars in motley for one hundred dollars in stock. And the Secretary of the Treasury shall cause to be laid before Congress, on the first Monday in February, one thousand eight hundred and fourteen, or as soon thereafter as Congress may be in session, an account of all the moneys obtained by the sale of the certificates of stock in manner aforesaid, together with a statement of the rate at which the same may have been sold. Sec. 3. And be it further enacted, That the Secretary of the Treasury be, and he is hereby authorized, with the approbation of the President of the United States, to employ an agent or agents for the purpose of obtaining subscriptions to the loan authorized by this act, or of selling any part of the stock created by virtue thereof. A commission not exceeding one quarter of one per cent. on the amount thus sold, or for which subscriptions shall have been thus obtained, may, by the Secretary of the Treasury, be allowed to such agent or agents ; and a sum not exceeding twenty-two thousand dollars, to be paid out of any moneys in the treasury not otherwise appropriated, is hereby appropriated for paying the amount of such commission' or commissions as may be thus allowed, and also for defraying the expenses of printing and issuing the subscription certificates, and certificates of stock, and other expenses incident to the receiving of subscriptions, and completing tho loan authorized by this act. Sec. 4. And be it further enacted, That so much of the funds constituting the annual appropriation of eight millions of dollars for the payment of the principal and interest of the public debt of the United States, as may be wanted for that purpose, after satisfying the sums necessary for the payment of the interest and such part of the .principal of said debt as the United States are now pledged annually to pay or reimburse, is hereby pledged ami appropriated for the payment of the interest, and for the reimbursement of the principal of the stock which may be created by virtue of this act. It shall accordingly be the duty of the commissioners of the sinking fund to cause to be applied and paid out of the said fund, yearly, such sum and sums as may be annually wanted to discharge the interest accruing on the said stock, and to reimburse the principal as the same shall become due and may be discharged in conformity with the terms of the loan; and they are further authorized to apply from time to time such sum or sums, out of the said fund, as they may think proper, towards redeeming by purchase, and at a price not above par, the principal of the said stock or any part thereof. And the faith of the United States is hereby pledged to establish sufficient revenues for making up any deficiency that may hereafter take place in the funds hereby appropriated for paying the said interest, and principal sums, or any of them in manner aforesaid. Sec. 5. And be it further enacted, That it shall be lawful for any of the banks in the District of Columbia to lend any part of the sum authorized to be borrowed by virtue of this act, any thing in any of their *»» ra*y lend charters of incorporation to the contrary notwithstanding. **« part ant" Approved, August 2, 1813. Statute I. Chap. LIU.—Jin Jlct laying duties on notes of banks, bankers, and certain com- August 2, 1813. panies; on notes, bonds, and obligations discounted by banks, bankers, and certain companies; and on bills of exclumge of certain descriptions. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That from and after the last day of December next, there shall be levied, collected, and paid throughout the United States, the several stamp duties following, viz: For every skin or piece of vellum, or parchment, or sheet, or piece of paper, upon which shall be written or printed any or either of the instruments of writing following, to wit: On any promissory note or notes payable either to bearer or order, issued by any of the banks or companies, who issue and discount notes, bonds, or obligations, either incorporated or not incorporated, which now are or may hereafter be established in the United States, or by any banker or bankers, according to the following scale, viz: If not exceeding one dollar, one cent . If above one dollar, and not exceeding two dollars, two cents. If above two and not exceeding three dollars, three cents. If above three and not exceeding five dollars, five cents. If above five and not exceeding ten dollars, ten cents. If above ten and not exceeding twenty dollars, twenty cents. If above twenty and not exceeding fifty dollars, fifty cents. If above fifty and not exceeding one hundred dollars, one dollar. If above one hundred and not exceeding five hundred dollars, five dollars. If above five hundred and not exceeding one thousand dollars, ten dollars. If above one thousand dollars, fifty dollars. On any bond, obligation, or promissory note or notes not issued by any bank, companies, or banker as aforesaid, discounted by any such bank, companies, or banker, and on any foreign or inland bill or bills of exchange above fifty dollars, and having one or more endorsers, according to the following scale, viz: If not exceeding one hundred dollars, five cents. If above one hundred and not exceedmg two hundred dollars, ten cents. If above two hundred and not exceeding five hundred dollars, twentyfive cents. If above five hundred and not exceeding one thousand dollars, fifty cents. If above one thousand and not exceeding fifteen hundred dollars, seventy-five cents. If above fifteen hundred and not exceeding two thousand dollars, one dollar. If above two thousand and not exceeding three thousand dollars, one dollar and fifty cents. If above three thousand and not exceeding four thousand dollars, two dollars. If above four thousand and not exceeding five thousand dollars, two dollars and fifty cents. If above five thousand and not exceeding seven thousand dollars, three dollars and fifty cents. If above seven thousand and not exceeding eight thousand dollars, four dollars. December 10, 1814, chap. 11. Duties stamps. Proviso. Secretary of the Treasury to cause to bo constituted certificates of stock for the sum borrowed by virtue of this act. Proviso. No sale to be made at a less rate than eightyeight dollars for one hundred dollars. The Secretary of the Treasury may employ agents to receive subscriptions. Compensation not to exceed one quarter of one per cent. Appropriation of 8,000,000 dollars for the payment of the interest and reimbursement of this loan. Commissioners of the sinking fund to pay the interest,and to repay the principal. Banks in District of Colum Treasury, or which may be received from other sources, to defray any expenses which have been or which may be authorized for the service of the years one thousand eight hundred and thirteen and one thousand* eight hundred and fourteen, and for which appropriations have been or may be made by law during those years: Provided, That no engagement or contract shall be entered into which shall preclude the United States from reimbursing any sum or sums thus borrowed, at any time after the expiration of twelve years, from the first day of January next. Sec. 2. And be it further enacted, That the Secretary of the Treasury, with the approbation of the President of the United States be, and he is hereby authorized to cause to be constituted certificates of stock, signed by the Register of the Treasury, or by a commissioner of loans, for the sum to be borrowed by this net, or for any part thereof, and the same to be sold: Provided, That no such certificate shall be sold at a rate less than eighty-eight per centum, or eighty-eight dollars in moiley for one hundred dollars in stock. And the Secretary of the Treasury shall cause to be laid before Congress, on the first Monday in February, one thousand eight hundred and fourteen, or as soon thereafter as Congress may be in session, an account of all the moneys obtained by the sale of the certificates of stock in manner aforesaid, together with a statement of the rate at which the same may have been sold. Sec. 3. And be it further enacted, That the Secretary of the Treasury be, and he is hereby authorized, with the approbation of the President of the United States, to employ an agent or agents for the purpose of obtaining subscriptions to the loan authorized by this act, or of selling any part of the stock created by virtue thereof. A commission not exceeding one quarter of one per cent. on the amount thus sold, or for which subscriptions shall have been thus obtained, may, by the Secretary of the Treasury, be allowed to such agent or agents ; and a sum not exceeding twenty-two thousand dollars, to be paid out of any moneys in the treasury not otherwise appropriated, is hereby appropriated for paying the amount of such commission' or commissions as may be thus allowed, and also for defraying the expenses of printing and issuing the subscription certificates, and certificates of stock, and other expenses incident to the receiving of subscriptions, and completing the loan authorized by this act. Sec. 4. And be it further enacted, That so much of the funds constituting the annual appropriation of eight millions of dollars for the payment of the principal and interest of the public debt of the United States, as may be wanted for that purpose, after satisfying the sums necessary for the payment of the interest and such part of the .principal of said debt as the United States are now pledged annually to pay or reimburse, is hereby pledged and appropriated for the payment of the interest, and for the reimbursement of the principal of the stock which may be created by virtue of this act. It shall accordingly be the duty of the commissioners of the sinking fund to cause to be applied and paid out of the said fund, yearly, such sum and sums as may be annually wanted to discharge the interest accruing on the said stock, and to reimburse the principal as the same shall become due and may be discharged in conformity with the terms of the loan; and they are further authorized to apply from time to time such sum or sums, out of the said fund, as they may think proper, towards redeeming by purchase, and at a price not above par, the principal of the said stock or any part thereof. And the faith of the United States is hereby pledged to establish sufficient revenues for making up any deficiency that may hereafter take place in the funds hereby appropriated for paying the said interest, and principal sums, or any of them in manner aforesaid. Sec 5. And be it further enacted, That it shall be lawful for any of the banks in the District of Columbia to lend any part of the sum authorized to be borrowed by virtue of this act, any thing in any of their bia may lend charters of incorporation to the contrary notwithstanding. jTM TM°"*^'j°r Approved, August 2, 1813. December 10, 1814, chap. 11. Duties stamps. Statute I. Chap. LIII.—An Act laying duties on notes if banks, bankers, and certain com- August 2, 1813. panics ,- on notes, bonds, and obligations discounted by banks, bankers, and ccrtain companies, - and on bills of exc/iange of certain descriptions. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That from and after the last day of December next, there shall be levied, collected, and paid throughout the United States, the several stamp duties following, viz: For every skin or piece of vellum, or parchment, or sheet, or piece of paper, upon which shall be written or printed any or either of the instruments of writing following, to wit: On any promissory note or notes payable either to bearer or order, issued by any of the banks or companies, who issue and discount notes, bonds, or obligations, either incorporated or not incorporated, which now are or may hereafter be established in the United States, or by any banker or bankers, according to the following scale, viz: If not exceeding one dollar, one cent . If above one dollar, and not exceeding two dollars, two cents. If above two and not exceeding three dollars, three cents. If above three and not exceeding five dollars, five cents. If above five and not exceeding ten dollars, ten cents. If above ten and not exceeding twenty dollars, twenty cents. If above twenty and not exceeding fifty dollars, fifty cents. If above fifty and not exceeding one hundred dollars, one dollar. If above one hundred and not exceeding five hundred dollars, five dollars. If above five hundred and not exceeding one thousand dollars, ten dollars. If above one thousand dollars, fifty dollars. On any bond, obligation, or promissory note or notes not issued by any bank, companies, or banker as aforesaid, discounted by any such bank, companies, or banker, and on any foreign or inland bill or bills of exchange above fifty dollars, and having one or more endorsers, according to the following scale, viz: If not exceeding one hundred dollars, five cents. If above one hundred and not exceeding two hundred dollars, ten cents. If above two hundred and not exceeding five hundred dollars, twentyfive cents. If above five hundred and not exceeding one thousand dollars, fifty cents. If above one thousand and not exceeding fifteen hundred dollars, seventy-five cents. If above fifteen hundred and not exceeding two thousand dollars, one dollar. If above two thousand and not exceeding three thousand dollars, one dollar and fifty cents. If above three thousand and not exceeding four thousand dollars, two dollars. If above four thousand and not exceeding five thousand dollars, two dollars and fifty cents. If above five thousand and not exceeding seven thousand dollars, three dollars and fifty cents. If above seven thousand and not exceeding eight thousand dollars, four dollars. If above eight thousand dollars, five dollars: Provided, That nothing herein contained slnll be construed to charge with a duty or to require to be stamped any Treasury or other note or notes issued for the use or benefit of the United States, in pursuance of any act of Congress, or to any draft or bill drawn by the Treasurer of the United States, or any check payable at sight upon any bank, company, or banker as aforesaid, or to charge with a duty any second or other copy of a set of exchange. Sec. 2. And be it further enacted, That in respect to any stamp on any of the notes of the banks or companies aforesaid, now established or which may hereafter be established within the United States, it shall be lawful for the Secretary of the Treasury to agree to an annual composition in lieu of such stamp duty, with any of the said banks or companies, of one and a half per centum on the amount of the annual dividend made by such banks to their stockholders respectively. Sec. 3. And be it further enacted, That the several duties aforesaid shall be levied, collected, received, and accounted for, by and under the immediate direction and management of the collectors appointed under the act, entitled "An act for the assessment and collection of direct taxes and internal duties," within their respective districts, subject to the superintendence, control, and direction of the Treasury Department, according to the respective authorities and duties of the officers thereof. Sec. 4. And be it further enacted, That it shall be the duty of the commissioner of the revenue to cause to be provided so many marks and stamps differing from each other, as shall correspond with the several rates of duty aforesaid; that is to say, one mark or stamp for each distinct rate of duty; with which marks and stamps respectively shall be marked or stamped all vellum, parchment, or paper, upon which shall be written or printed all or any of the several instruments, writings, matters, and things hereinbefore enumerated and charged, according to the nature and description of each of the said instruments, writings, matters, and things as are hereinbefore specified and described; which said several marks and stamps shall be notified by a public notification or advertisement, to be issued by the commissioner of the revenue, and inserted in at least one newspaper printed in each state, and for not less than three months before the said last day of December next, to the end that all persons may have due notice thereof; and which said marks and stamps, or any of them, shall or may be altered or renewed from time to time as the said commissioner of the revenue shall think fit, so that like public notification thereof be made, for a term not less than three months before such new stamps or marks shall begin to be used. Sec. 5. And be it further enacted, That when any person or persons shall deposit any vellum, parchment, or paper at the office of any collector aforesaid, accompanying the same with a list which shall specify the number and denomination of the stamps or marks which are to be thereto affixed, it shall be the duty of the said collector to transmit the same to the office of the commissioner of the revenue, where such paper, parchment, and vellum, shall be properly marked or stamped, and forthwith sent back to the said collector, who shall thereupon collect the duties, and deliver the vellum, parchment, and paper, pursuant to the order of the person from whom it was received. Sec 6. And be it further enacted, That if any person or persons shall write or print, or cause to be written or printed upon any unstamped vellum, parchment, or paper, (with intent fraudulently to evade the duties imposed by this act,) any of the matters and things for which the said vellum, parchment, or paper is hereby charged to pay any duty, or shall \vrite or print, or cause to be written or printed, any matter or thing upon any vellum, parchment, or paper that shall be marked or stamped for any lower duty than the duty by this act payable; or shall write or print or cause to be written or printed on vellum, parchment, or paper duly stamp |