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Code · STATUTES-AT-LARGE · Vol. 31 STAT. · June 6, 1900 · Chapter 797

Chapter 797.

173 words·~1 min read·/statutes-at-large/vol-31/chapter-797-2818016·

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CHAP. 797.— Ac Act To provide better facilities for the safe-keeping and disbursement of public moneys in the Philippine Islands and in the islands of Cuba and Porto Rico. June 6, 1900. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Cuba, Porto Rico, and Philippines.Designation of depositories for public moneys.*Provisos*.Security deposit. That the Secretary of the Treasury is hereby authorized to designate one or more banks or bankers in the Philippine Islands and in the islands of Cuba and Porto Rico in which public moneys may be deposited: *Provided*, That the banks or bankers thus designated shall give satisfactory security for the safe-keeping and prompt payment of the public moneys so deposited by depositing in the Treasury.
United States bonds to an amount not less than the aggregate sum at any time on deposit with suchApplication to Cuba. banks or bankers: *And provided further*, That this Act shall apply to Cuba only while occupied by the United States. Approved, June 6, 1900.
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