Chapter XXVI. to repeal the proviso to the second section of an act approved the third of March, eighteen hundred and thirty-seven, which authorized the Secretary of the Treasury to compromise the claims of the United States against certain banks
213 words·~1 min read·
/statutes-at-large/vol-5/chapter-xxvi-1388865·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Chap. XXVI.— An Act to repeal the proviso to the second section of an act approved the third of March, eighteen hundred and thirty-seven, which authorized the Secretary of the Treasury to compromise the claims of the United States against certain banks. Feb. 16, 1839. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, The 2d section act 3d March, 1837, ch. 35, repealed, &c. That the proviso to the second section of “An act to authorize the proper officers of the Treasury Department to credit the account of the Treasurer of the United States with the amount of unavailable funds standing to his debit on the books of the Treasury, to transfer the amount to the debit of banks and individuals indebted for the same, and to authorize the Secretary of the Treasury to compromise and settle said claims,” approved 3d of March, eighteen hundred and thirty-seven, which prohibits the Secretary of the Treasury from compromising the claims of the United States against the Alleghany Bank of Pennsylvania, be, and the same is hereby repealed; and that the Secretary of the Treasury is hereby authorized to compromise and settle the claim of the United States against said bank.
Approved, February 16, 1839.