Chapter 208. For the relief of the creditors of the Deposit Savings Association, of Mobile, Alabama
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CHAP. 208.— An Act For the relief of the creditors of the Deposit Savings Association, of Mobile, Alabama. February 25, 1909. [[H. R. 3760](/us/bill/60/hr/3760).] [[Private, No. 170](/us/pvtl/60/170).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Deposit Savings Association, Mobile, Ala.Relieved of liability for taxes on its circulating notes. That the Deposit Savings Association, of Mobile, a body corporate under the laws of Alabama, be, and it is hereby, relieved of all liability for the tax of ten per centum on the amount of its own notes used for circulation and paid out by it previous to the third day of March, eighteen hundred and seventy-five, Vol. 13, p. 484.Vol. 14, p. 146.[R.
S., sec. 3412, p. 670](/us/rs/s3412/p670).under the provisions of section six, Acts of March third, eighteen hundred and sixty-five, and July thirteenth, eighteen hundred and sixty-six, and of section thirty-four hundred and twelve of the Revised Statutes of the United States. Sec. 2. Refund of taxes collected. That the Secretary of the Treasury be, and he is hereby, authorized and directed to pay, out of any money in the Treasury not otherwise appropriated, to the legal receiver of the Deposit Savings Association the sum of seven thousand three hundred and ninety-four dollars and seventy-three cents, this sum being the amount of money heretofore made and collected by the United States of and from the property of said association on account of the liability of said association for said ten per centum tax.
Sec. 3. Refund of proceeds of real estate sale. That the Secretary of the Treasury be, and he is hereby, authorized and directed to pay or refund to the legal receiver of the said Deposit Savings Association the sum of five thousand one hundred dollars, that being the purchase money of certain real property situate in the port of Mobile, which was, on August twentieth, eighteen hundred and seventy-four, as the property of said association and on account of its liability to said tax of ten per centum, sold at public out-cry, and afterwards by deed conveyed to the use of the United States, and subsequently, to wit, on the twelfth day of September, anno Domini eighteen hundred and eighty-one, sold by the United States for the said sum of five thousand one hundred dollars; and that the Secretary of the Treasury be, and he is hereby, authorized and directed to pay the said legal receiver of said association the sum of one thousand eight hundred and fifty-seven dollars and seventy-seven cents, which Rent.sum was collected by the United States as rent for said property from eighteen hundred and seventy-five to eighteen hundred and eighty-one, inclusive.
Approved, February 25, 1909.