An Act to authorize certain Debtors to pay the Amounts due by them into the Treasury of the
Confederate States:
section 1.
The Congress of the Confederate States of
America do enact, that all persons in any manner indebted to individuals, or corporations, in the
United States of America, (except the States of
Delaware,
Maryland,
Kentucky, and
Missouri, and the District of Columbia,) be, and are hereby, prohibited from paying the same to their respective creditors, or their agents or assignees, pending the existing war waged by that Government against the
Confederate States, or any of the slaveholding States before named.
Sec. 2. Any person indebted as aforesaid shall be, and is hereby, authorized to pay the amount of his indebtedness into the Treasury of the
Confederate States, in specie or treasury notes, and shall receive from the
Treasurer a certificate, countersigned by the Register, showing the amount paid, and on what account, and the rate of interest which the same was bearing.
Sec. 3. Such certificate shall bear like interest with the original contract, and shall be redeemable at the close of the war and the restoration of peace, in specie or its equivalent, on presentation of the original certificate.
Sec. 4. All laws and parts of laws militating against this act, be, and the same are hereby, repealed.