100 THIRTYJJIGHTH CONGRESS. Sess. I. Ch. 106. 1864. secured by United States bonds. The chief officer of the said bureau shall Comptryller of be denominated the comptroller of the currency, and shall be under the gen. °b° °“"°“°y‘ eral direction of the Secretary of the Treasury. He shall be appointed Appointment. by the President, on the recommendation of the Secretary of the Treasury, by and with the advice and consent of the Senate, and shall hold his T°““ °f °m°°· office for the term of five years unless sooner removed by the President, upon reasons to be communicated by him to the Senate ; he shall receive Salary- an annual salary of five thousand dollars; he shall have a competent Deputy comp- deputy, appointed by the secretary, whose salary shall be two thousand '·"°“°'· five hundred dollars, and who shall possess the power and perform the duties attached by law to the office of comptroller during a vacancy in such office and during his absence or inability; he shall employ, from time to time, the necessary clerks to discharge such duties as he shall Clerks. direct, which clerks shall be appointed and classified by the Secretary of the Treasury in the manner now provided by law. Within fifteen days m;;°‘;‘g’:;°ll€:l;° from the time of notice of his appointment the comptroller shall take and wh,,mme_w1 u subscribe the oath of office prescribed by the constitution and laws of the United States; and he shall give to the United States a bond in the pen- Boud- alty of one hundred thousand dollars, with not less than two responsible sureties, to be approved by the Secretary of the Treasury, conditioned for the faithful discharge of the duties of his office. The deputy-comp- 0f9l:;l;gf";0l:f;?'troller so appointed shall also take the oath of office prescribed by the tyollgh constitution and laws of the United States, and shall give a like bond in Not topbe in- the penalty of fifty thousand dollars. The comptroller and deputy-compymgled ’" MY _ troller shall not, either directly or indirectly, be interested in any associa- ,f,2_ mg amcm tion issuing national currency under the provisions of this act. Swag cu,. Sec. 2. And be it further enacted, That the comptroller of the eurwwy bureau, rency, with the approval of the Secretary of the Treasury, shall devise a and where to seal, with suitable inscriptions, for his office, a description of which, with l’° k°P“· a certificate of approval by the Secretary of the Treasury, shall be filed in the office of the Secretary of State with an impression thereof, which shall thereupon become the seal of office of the comptroller of the our- G¢r¤¤i¤ papers rency, and the same may be renewed when necessary. Every certilil’:g:'%Q,'}§l;u’f;1 cate, assignment, and conveyance executed by the comptroller, in pursuance of any authority conferred on him by law, and sealed with his seal of office, shall be received in evidence in all places and courts whatsoever; and all copies of papers in the office of the comptroller, certified by him and authenticated by the said seal, shall in all cases be evidence equally Impression may and in like manner as the original. An impression of such seal directly b° “P°° Paw" on the paper shall be as valid as if made on wax or wafer. Rooms for cnr- Sec. 3. And be it further enacted, That there shall be assigned to ""Y b“"°““‘ the comptroller of the currency by the Secretary of the Treasury suitable rooms in the treasury building for conducting the business of the FK;·I>*‘°0f currency bureau, in which shall be safe and secure tire-proof vaults, in Wuwhich it shall be the duty of the comptroller to deposit and safely keep all the plates not necessarily in the possession of engravers or printers, and other valuable things belonging to his department; and the comp- F¤¤'¤i*¤f¢. &<>· troller shall from time to time furnish the necessary furniture, stationery, guel, lights, and other proper conveniencies for the transaction of the said usmess. _ Term "Uni$ed Sec. 4. And be it further enacted, That the term “United States
- t‘l;‘§£;“g;at_ Bonds," as used in this act, shall be construed to mean all registered bonds
now issued, or that may hereafter be issued, on the faith of the United States by the Secretary of the Treasury in pursuance of law. Banking m0_ Sec. 5. And be it further enacted, That associations for carrying on the c;,,;,,,,,,},.,,,` business of banking may be formed by any number of persons, not less may be formed. in any case than hve, who shall enter into articles of association, which shall specify in general terms the object for which the association is formed, and may contain any other provisions, not inconsistent with the pro-
