Chapter CLVIII. to modify the last clause of the fifth section of the deposite act of the twenty-third of June, eighteen hundred and thirty-six
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Chap. CLVIII.— An Act to modify the last clause of the fifth section of the deposite act of the twenty-third of June, eighteen hundred and thirty-six.July 5, 1838. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That the last clause Act of June 23, 1836, ch. 115, last clause, modified as to issues of notes under five dollars. of the fifth section of the act entitled “An act to regulate the deposits of the public 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, re-issue, or pay out any bill or note of a denomination less than five dollars.
Approved, July 5, 1838.