-how sealed up, &C. Remittances by mail are at risk of owners. Return of new D. C. Letters or packages so addressed are forwarded without charge for postage, whether they contain money or not. 2. Money for redemption, after being prepared as hereinbefore directed, should be sealed or tied up in paper of suitable strength, and plainly marked on the outside with the owner's name and full address, and with the amount inclosed. The package should then be sealed up in an envelope, together with a letter of advice, written on not less than half a sheet of commercial note paper, stating the name and full post-office address of the owner, the value of the remittance, and the manner in which return shall be made. 3. Remittances to the Treasurer by mail are invariably at the risk of the owners. All communications to the Treasurer, in regard to packages ascertained to have been lost in transmission by mail, are referred for investigation to the Second Assistant Postmaster General, to whom any further inquiry on the subject should be addressed. 4. It is a protection against loss to register letters containing money; but the registry fee must in all cases be prepaid by the party remitting. VI. Returns, how made. 1. Returns for amounts less than five dollars are usually notes or checks, made in new currency by mail at the owner's risk, but if he so requests, returns are made by check on any of the cities named below, or in new currency by express at his how made. -how usually made. Same subject. Proceeds from expense. 2. Returns for amounts of five dollars and upwards, received by mail, are usually made by transfer checks on the Assistant Treasurer of the United States in New York, Boston, Philadelphia, New Orleans, or San Francisco, as the owner may request; but if the owner desires new currency, it will be forwarded by express, on the terms stated in the next paragraph. 3. Returns for amounts of five dollars and upwards in fractional currency, and fifty dollars and upwards in United States notes, are ordinarily made in new currency by express, at the expense of the Department; but if the owner requests it, a check on any of the above-mentioned Assistant Treasurers will be sent. Returns for five, or more than five but less than fifty dollars, in United States notes, are ordinarily made by check; but new currency is returned by express, at the owner's expense, whenever he requests it. 4. The proceeds of remittances from Assistant Treasurers, Government offi- Designated Depositaries, and other officers of the Government, and National Bank depositaries, are, when they so request, credited in account. cers credited to their accounts if desired. VII. General Instructions. 1. Every officer of the Treasury Department is required, Spurious les to whenever any spurious note purporting to have been issued be stamped. by the United States is presented to him, to write or stamp on it the word "Counterfeit." 2. Notes of National Banks that have failed or gone into Notes of failed voluntary liquidation are received, redeemed, and forwarded banks, how reto the Treasurer by the officers and banks before-mentioned deemed. for retirement under these rules, in the same manner and on the same terms as United States notes of issues prior to 1869. Notes of all other National Banks, whether mutilated or not, are redeemable only by the banks which issued them and by their redeeming agents. 3. In case of the loss or destruction of one of his checks, and of an application for a duplicate, the Treasurer stops payment of the original check, and furnishes the applicant for a duplicate with a form of bond of indemnity, upon return of which, properly executed, a duplicate is issued. VIII. New fractional currency. In addition to being forwarded, when desired, in return for old, defaced, and mutilated currency, on the terms already mentioned, new fractional currency is forwarded by express from the Treasurer's office, under the Government contract with Adams Express Company, in sums of even thousands of dollars 1. On the receipt of original certificates of deposit to the Treasurer's credit, issued by Assistant Treasurers and Designated Depositaries of the United States and National Bank Depositaries; and 2. On the receipt and collection of drafts. on banks and bankers in Boston, New York, Philadelphia, and Washington. If the amount applied for is less than one thousand dollars, the express charges at contract rates are deducted from the remittance; if less than an even multiple of one thousand dollars, the charges on the fractional part of one thousand dollars included in the amount are deducted. IX. Government contract with Adams Express Company. Payment of lost checks may be stopped. New fractional currency, how obtained from the Treasurer. notes, &c. 1. The Government contract with Adams Express Com- Contract with expany extends to and includes all "points accessible through press company established express lines, reached by continuous railway for transporting connection," within the United States, but does not extend westward beyond Omaha and Nebraska City, in Nebraska, and Atchison and Leavenworth, in Kansas, nor include the lines of Wells, Fargo & Co., in Missouri and Iowa. The contract covers the lines of the following express companies: Adams, American Merchants' Union, Central, Earl, Eastern, Harnden, Hope, Howard, National, New Jersey, Southern, Union, United States, and United States and Canada. Remittances can be made by express by private parties, at the expense of the Department, only from points within the territory covered by the contract. CHAPTER IV. REGISTERED AND COUPON BONDS, HOW TRANSFERRED; ISSUE OF 1. Registered bonds or stock, how as- 2. Lost or destroyed registered bonds. 5. Conversion of coupon bonds to regis- 6. Payment of interest on registered stock. 8. Payment of interest before maturity. 1. REGISTERED BONDS OR STOCK, HOW ASSIGNED. bonds. These bonds, without coupons attached, are made payable Registered to the person or persons named therein, who alone can collect the interest thereon and the principal when payable, and are transferable only on the books of the Register of the Treasury, in accordance with the following rules and instructions of the Treasury Department: Transfer of stock or registered bonds. lations for trans fer. Stock to be transferred, when properly perfected, should Rules and regube transmitted to the REGISTER OF THE TREASURY, accompanied by an explicit letter of instructions, giving the official title of the loan; the date of the authorizing act; the number and amount of cach certificate; the name of the assignee, plainly written; his place of residence, giving the number of the house, the name of the street, and the city or town, county, and State; the denomination of the certificates desired in exchange; and the depository at which the interest is to be made payable. If stock of different loans is sent at the same time, a separate letter must accompany each issue or series, like the following form: Form of letter. NEW YORK, August 10, 1872. Form of letter. To the REGISTER OF THE TREASURY: Herewith find $20,000 registered stock, CONSOLS of 1868, New certificates. Closing of the transfer books. Which please register in two $10,000 certificates in the name of Jno. Henry Brown, of No. 23 Waverly street, Chicago, Cook county, Illinois, making the interest payable at the United States Depository, Chicago, Illinois. JNO. HENRY BROWN. Very respectfully, New certificates. The certificates forwarded for transfer are canceled, and new ones issued in the name of the assignee. The new certificate bears interest from the first day of the quarter or half year (as the interest may be payable) in which the transfer is made. The new certificate is usually returned the same day the old is received, and is invariably sent by mail to the party forwarding the assigned certificate, unless otherwise positively instructed. If the certificate is sent by express, it must be at the cost of the party so ordering. Closing of the transfer books. For the purpose of preparing the interest schedules, the transfer books are closed for thirty days on all loans except the Funded Loan of 1881, and on this latter for fifteen days, immediately preceding interest day. The dates of closing are as follows: Loan of 1858-June 1st and December 1st. Loan of February, 1861-June 1st and December 1st. Ten-forties of 1864-February 1st and August 1st. |