Chapter 756. to reimburse the National Home for Disabled Volunteer Soldiers for Josses incurred through the failure of the Exchange National Bank of Norfolk, Virginia, and for other purposes
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CHAP. 756.— An Act to reimburse the National Home for Disabled Volunteer Soldiers for Josses incurred through the failure of the Exchange National Bank of Norfolk, Virginia, and for other purposes.July 9, 1886. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,National Home for Disabled Volunteer Soldiers, reimbursed for losses incurred through failure of Exchange Nation, Bank, Norfolk, Va. That the Secretary of the Treasury be, and be is hereby, authorized and directed to pay, or cause to be paid, to the treasurer of the National Home for Disabled Volunteer Soldiers the sum of twenty thousand two hundred and sixty-two dollars and forty-six cents, out of any moneys in the Treasury not otherwise appropriated, to be held and expended by him as originally intended and any dividends hereafter made in favor of the Home shall be paid to the United States and covered into the Treasury.
Sec. 2. That from and after the passage of this act it shall be theDepositaries of Home funds to give bonds. duty of the Secretary of the Treasury to require from the president and cashier of all banks used as depositories by the treasurer of the Home a deposit of bonds sufficient in amount to fully secure all moneys pertaining to said Home left on deposit with any such bank. 130 FORTY NINTH CONGRESS. Sess. I. CH. 757. 1886. Approved, July 9, 1886.