Sec. 5167. Custody op Bonds and Collection of Interest. - The bonds transferred to and deposited with the Treasurer of the United States, by any association, for the security of its circulating notes, shall be held exclusively for that purpose, until such notes are redeemed, as provided in this title. The Comptroller of the Currency shall give to any such association powers of attorney to receive and appropriate to its own use the interest on the bonds which it has so transferred to the Treasurer; but such powers shall become inoperative whenever such association fails to redeem its circulating notes. Whenever the market or cash value of any bonds thus deposited with the Treasurer is reduced below the amount of the circulation issued for the same, the Comptroller may demand and receive the amount of such depreciation in other United States bonds at cash value, or in money, from the association, to be deposited with the Treasurer as long as such association continues. And the Comptroller, upon the terms prescribed by the Secretary of the Treasury, may permit an exchange to be made of any of the bonds deposited with the Treasurer by any association for other bonds of the United States authorized to be received as security for circulating notes' if he is of opinion that such an exchange can be made without prejudice to the United States; and he may direct the return of any bonds to the association which transferred the same, in sums of not less than one thousand dollars upon the surrender to him and the cancellation of a proportionate amount of such circulating notes: Provided, that the remaining bonds which shall have been transferred by the association offering to surrender circulating notes, are equal to the amount required for the circulating notes not surrendered by such association, and that the amount of bonds in the hands of the Treasurer is not diminished below the amount required to be kept on deposit with him, and that there has been no failure by the association to redeem its circulating notes, nor any other violation by it of the provisions of this title, and that the market or cash value of the remaining bonds is not below the amount required for the circulation issued for the same.

Sec. 5168. Comptroller's Examination. - Whenever a certificate is transmitted to the Comptroller of the Currency as provided in this title, and the association transmitting the same notifies the Comptroller that at least fifty per centum of its capital stock has been duly paid in, and that such association has complied with all the provisions of this title required to be complied with before an association shall be authorized to commence the business of banking, the Comptroller shall examine into the condition of such association, ascertain especially the amount of money paid in on account of its capital, the name and place of residence of each of its directors, and the amount of capital stock of which each is the owner in good faith, and generally whether such association has complied with all the provisions of this title required to entitle it to engage in the business of banking; and shall cause to be made and attested by the oath of a majority of the directors, and by the president or cashier of the association, a statement of all the facts necessary to enable the Comptroller to determine whether the association is lawfully entitled to commence the business of banking.

Sec. 5169. Certificate of Authority. - If, upon a careful examination of the facts so reported and of any other facts which may come to the knowledge of the Comptroller, whether by means of a special commission appointed by him for the purpose of inquiry into the condition of such association, or otherwise, it appears that such association is lawfully entitled to commence the business of banking, the Comptroller shall give to such association a certificate, under his hand and official seal, that such association has complied with all the provisions required to be complied with before commencing the business of banking, and that such association is authorized to commence such business. But the Comptroller may withhold from an association his certificate authorizing the commencement of business, whenever he has reason to suppose that the shareholders have formed the same for any other than the legitimate objects contemplated by this title.

Sec. 5170. Publication of Certificate. - The association shall cause the certificate issued under the preceding section to be published in some newspaper printed in the city or county where the association is located, for at least sixty days next after the issuing thereof; or, if no newspaper is published in such city or county, then in the newspaper published nearest thereto.

Sec. 5171. Repealed. See section 10, Act of July 12,1882.

Sec. 5172. Prescribes directions for the printing, denominations and form of the circulating notes.

Sec. 5173. Provides for the custody of the plates and special dies for the printing of notes.

Sec. 5174 Provides for an annual examination of the plates and dies.

Sec. 5175. Denominations of Notes. - Not more than one-sixth part of the notes furnished to any association shall be of a less denomination than five dollars. After specie payments are resumed, no association shall be furnished with notes of a less denomination than five dollars.

Sec. 5176. Repealed.

Sec. 5177. Repealed.

Sec. 5178. Apportions aggregate amount of circulating notes among the various States and Territories.

Sec. 5179. Provides for equalizing the distribution.

Sec. 5180. Provides for the withdrawal of notes of associations in pur suance of such equalization.

Sec. 5181. Provides for the removal of any association located in a State having more than its proportion of circulation to a State having less than its proportion.

Act of January 19, 1875, 18 Stat. 296, provides: That each existing banking association may increase its circulating notes in accordance with existing law without respect to said aggregate limit; and new-banking associations may be organized in accordance with existing law without respect to said aggregate limit; and the provisions of law for the withdrawal and redistribution of national bank currency among the several States and Territories are hereby repealed.