United States Statutes at Large/Volume 4/23rd Congress/1st Session/Chapter 174
Chap. CLXXIV.—An Act to prohibit the corporations of Washington, Georgetown, and Alexandria, in the District of Columbia, from issuing promissory notes or bills of any denomination less than ten dollars after the period therein mentioned, and for the gradual withdrawal from circulation of all such notes or bills.
Notes of a less denomination then ten dollars not to be issued after March 1, 1839.
Proviso.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That it shall not be lawful for the corporations of Washington, Georgetown, or Alexandria, in the District of Columbia, or either of them, after the first day of March, eighteen hundred and thirty-nine, to issue any promissory note or bill of a less denomination than ten dollars: Provided, That it shall not be lawful for either of the corporations aforesaid to make or issue any new promissory note or bill, after the passage of this act, of a less denomination than ten dollars.
Notes less than ten dollars not to be issued, if 2d section of act be not complied with.Sec. 3. And be it further enacted, That, on failure of either or all of the corporations aforesaid to comply with the requirements of the second section of this act, it shall not thereafter be lawful for the corporation or corporations so failing, to issue any promissory note or bill of a less denomination than ten dollars.
Approved, June 30, 1834.