Volume 12 · 353
Public Law 37–XXXV
to authorize the Secretary of the Treasury to issue Certificates of Indebtedness to Public Creditors.
Approved March 1, 1862
Statutory text
An Act
to authorize the Secretary of the Treasury to issue Certificates of Indebtedness to Public Creditors.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Secretary of the Treasury he, and he is hereby authorized, to cause to be issued to any public creditor who may he desirous to receive the same, upon requisition
Post, p. 370.
of the Head of the proper Department in satisfaction of audited and settled demands against the United States, certificates for the whole amount due or parts thereof not less than one thousand dollars, signed by the
Denominations; when payable; rate of interest.
Treasurer of the United States, and countersigned as may be directed by the Secretary of the Treasury; which certificate shall be payable in oneTHIRTY-SEVENTH CONGRESS. Sess. II. Ch. 35, 36, 37. 1862. year from date or earlier, at the option of the Government, and shall bear interest at the rate of six per centum per annum.
Approved, .