Chapter 101. To amend the Act authorizing the National Academy of Sciences to receive and hold trust funds for the promotion of science, and for other purposes
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CHAP. 101.— An Act To amend the Act authorizing the National Academy of Sciences to receive and hold trust funds for the promotion of science, and for other purposes.May 27, 1914.[[S. 4096](/us/bill/63/s/4096).][[Public, No. 109](/us/pl/63/109).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the Act to authorize the National Academy of Sciences.Vol. 23, p. 50, amended.National Academy of Sciences to receive and hold trust funds for the promotion of science, and for other purposes, approved June twentieth, eighteen hundred and eighty-four, be, and the same is hereby, amended to read as follows:
"“That the National Academy of Sciences, incorporated by the Act Right to receive property extended. Vol. 12, p. 806.of Congress approved March third, eighteen hundred and sixty-three, be, and the same is hereby, authorized and empowered to receive, by devise, bequest, donation, or otherwise, either real or personal property, and to hold the same absolutely or in trust, and to invest, reinvest, and manage the same in accordance with the provisions of its constitution, and to apply said property and the income arising therefrom to the objects of its creation and according to the instructions of the doners: *Provided, however*, That the Congress may at any *Proviso.* Limitation of real estate.time limit the amount of real estate which may be acquired and the length of time the same may be held by said National Academy of Sciences.”" Sec. 2.
That the right to alter, amend, or repeal this Act is hereby Amendment. expressly reserved. Approved, May 27, 1914.