Chapter 195. to provide revenue, equalize duties, and encourage the industries of the United States, and for other purposes,” approved August fifth, nineteen hundred and nine, a provision that such bonds shall not be receivable by the Treasurer of the United States as security for the issue of circulating notes
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CHAP. 195.— AN ACT To restrain the Secretary of the Treasury from receiving bonds issued to provide money for the building of the Panama Canal as security for the issue of circulating notes to national banks, and for other purposes. March 2, 1911.[[S. 10456](/us/bill/36/s/10456).][[Public, No. 444](/us/bill/36/pl/444).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the Secretary of the Treasury be, and he is hereby, authorized to insert in the bondsPanama Canal bonds.to be issued by him Not receivable for national-bank circulation.under section thirty-nine of an Act*Ante,* p. 117.entitled “An Act to provide revenue, equalize duties, and encourage the industries of the United States, and for other purposes,” approved August fifth, nineteen hundred and nine, a provision that such bonds shall not be receivable by the Treasurer of the United States as security for the issue of circulating notes to national banks; and the bonds containing such provision shall not be receivable for that purpose.
Approved, March 2, 1911.