OCR Interpretation


The Hawaiian gazette. (Honolulu [Oahu, Hawaii]) 1865-1918, January 07, 1874, SUPPLEMENT, Image 6

Image and text provided by University of Hawaii at Manoa; Honolulu, HI

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83025121/1874-01-07/ed-1/seq-6/

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. . . .-s H nacled by. the King and the Legislative Assembly of the Haicaiian Month, in the, Legislature .of, tlieI,ih:blsx
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. I j-'Jj Sec. 1. The IGnister of Finance islliereby authorised .by and Avith the authority of His Majesty ae! ' f
- .ripmm w-.tBie-'. --. Xinr. in Cabinet Council, io issue Treasury Xotes. payable to bearer, without interest, to an amount. Idnri ' f
: -1- :am&mB3 ymxiq " t I not exceeding DoUars3 and .of the denomination of onetwo, three, five, ten and twenty dollars, u :
---"? 'rfr asitU Wis! : for circulation as currency- . , ' , .. . - zst:v.A
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f sec. , liie saia iTeasun-Jotes snail be prepared under tlie - direction ot tiie Jiinister oiiJiuance, . . . ;
- signea oynim ana couniersignea oy tue Jiegistnir;0i ruonc accounts, ana. tue saiaiainister.ODJtj.inance
.. S - ehall keep in a book or books' provided for the purpose, accurate accounts of the number, date, and
z . . amount of each Treasury Jsote signed and countersigned as aforesaid, and-issued.
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d i Sec. 3. The said Treasury Notes shall be receivable in payment for all public dues.
Sec. 4. The faith of His Majesty's Government is hereby solemnly pledged for the payment of said
' notes" in specie to the holders thereof, on demand at the Treasury. r. ,;-tir
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,. Sec. .5. The. Minister . of Finance is hereby authorised toiissue, by and. with the- authority of His"
Majestv the Kiriir, in Cabinet Council, Tieasmy Notes to an" amount hot exceeding ' ' Dollars, of-, ; n. -.-..- -.,.U : u..T.. iunr.i '.
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is pledged for the prompt redemption of the. same in specie.
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rate of 6 per cent, per annum, and .payable, "both principal and interest; in specie at maturity. . AuU " -y ru;-s dm. tt .- - j i-a-,
the3period of maturity shall not extend beyond ten years, and the faith of His Majesty's Government,,' ' .
Sec. 6. The Minister of Finance shall make a full report to the Legislative. Assembly, of .the amountni-maJ
ot issue or si
Sec. 7. The Minister of Finance is hereby authorized to defray the expenses of engraving and' V- Jttfcri ;
; . printing the Treasury Notes herein authorized, out of any unappropriated money in the Treasury: fw.i-siff , ottt.o ; sJnrs, t ' nxtr, . t i-tssst n-
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said Notes, stating the several denominations, for the biennial p6rio.d, together. nt'h.th"
tsianding, stating separately, the amounts of Notes bearing interest -and those not bearing!'5,.; .
. i" ;c. interest.
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to be falsely made, forged, counterfeited, or altered, or shall willingly aid or assist in falsely making,
forging, counterfeiting or altering any Treasury Note issued under the authority of this Act, or shall
. pass, utter, publish, or sell, or attempt to pass, utter, publish, or sell, or bring into this Kingdom from
.- ' y any foreign place, with intent to pass, utter,, publish or sell, any such false, forged, counterfeited, or
altered Treasury Note, with intent to defraiid:any body corporate or politic, or any person or persons ji'.s .
whatsoever, every person so. offending, shall be deemed guilty of felony, and shall, on conviction "thereof,'
i Tinrrl lnlinr nnf; pvcpprHno- Ten T-pars. a'ccordinfr to the aercrravation of the offense. .n,;f oi.-..Ji.-"i Un. lv. i-. '. :iiit ni.a: ...
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the ung in Uaoinet uouncu, to loan on gooa ana approvea security, wiin mieresi, ior a ume not e-
" ', Vceeding six months on any one loan, any surplus funds in the Treasury which will not be required for
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: the redemption of the Treasurj- Notes as aforesaid, or for the payment of any other demands withinjn-.J.t.;: ;
sthe.penod of. said, loans. . .;!,.--."-;' . it, .
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