Chapter 48.
311 words·~1 min read·
/statutes-at-large/vol-22/chapter-48-1753463·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. 48.— An act authorizing the commissioner of the Freedman’s Savings and Trust Company to examine and audit certain claims against said company, and to pay certain dividends barred by the act of February twenty-first, eighteen hundred and eighty-one, and for other purposes. Feb. 17, 1883. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Time for payment of claims against Freedman’s Savings and Trust Company extended.
That the commissioner of the Freedman’s Savings and Trust Company be, and be is hereby, authorized and directed to examine and audit all claims against said company, and to pay all dividends on audited accounts which may have been presented to him for that purpose since the twenty-first day of August, eighteen hundred and eighty-one, notwithstanding the limitation for the presentation of such claims and the payment of dividends contained in section eight of an act entitled “An act amending the charter of the Freedman’s Savings and Trust Company, and for other purposes”, approved February twenty-first eighteen hundred and eighty-one.
Sec. 2. Duties of commissioner. That said commissioner shall keep an accurate record of all claims presented within the time finally limited by existing law for examination and audit, and all dividends barred under existing laws, called for from and after the passage of this act; and if at the expiration of the two-year limit for the payment of the final dividend prescribed by the act approved February twenty-first, eighteen hundred and eighty-one, any balance remains in the hands of said commissioner, Pro rata distribution of balance, etc.he is hereby authorized and directed to make a pro rata distribution of said balance among the claimants who may have presented their claims for examination or for payment of barred dividends after the passage of this act, and within the time aforesaid.
Approved, February 17, 1883.