Page:United States Statutes at Large Volume 3.djvu/152

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.

Specific appropriations.exceeding sixty-six thousand dollars, to be paid out of any moneys in the treasury not otherwise appropriated, is hereby appropriated for paying the amount of such commission of commissions as may be thus allowed, and also for defraying the expenses of printing and issuing the subscription certificates, and certificates of stock, and other expenses incident fo the completing of the loan authorized by this act.

Funds pledged for the reimbursement of principal and payment of interest.Sec. 4. And be it further enacted, That so much of the funds constituting the annual appropriation of eight millions of dollars for the payment of the principal and interest of the public debt of the United States, as may be wanted for that purpose, after satisfying the sums necessary for the payment of the interest and such part of the principal of said debt as the United States are now pledged annually to pay or reimburse, is hereby pledged and appropriated for the payment of the interest, and for the reimbursement of the principal of the stock which may be created by virtue of this act. It shall accordingly be the duty of the Commissioners of the Sinking Fund to cause to be applied and paid out of the said fund, yearly, such sum and sums as may be annually wanted to discharge the interest accruing on the said stock, and to reimburse the principal as the same become due, and may be discharged in conformity with the terms of the loan; and they are furhter authorized to apply, from time to time, such sum or sums out of the said fund, as they may think proper, towards redeeming, by purchase and at a price not above par, the principal of the said stock, or any part thereof. And the faith of the United States is hereby pledged to establish sufficient revenues for making good any deficiency that may hereafter take place in the funds hereby appropriated for paying the said interest and principal sums, or any of them, in manner aforesaid.

Lawful for banks in Columbia to lend any part of sum required.Sec. 5. And be it further enacted, That it shall be lawful for any of the banks in the District of Columbia to lend any part of the sum authorized to be borrowed by virtue of this act, any thing in any of their charters to the contrary notwithstanding.

Approved, March 24, 1814.


Statute II.


March 24, 1814.

Chap. XXXI.An Act to alter the time for holding the District Courts of the United States for the Virginia district.[1]

Act of March 23, 1804, ch. 31.
Time of the sessions of the court altered in the Virginia district.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That instead of the time heretofore prescribed by law for the sessions of the District Court of the United States for the Virginia district, the said court shall hereafter commence its sessions on the following days in each year, that is to say; on the twelfth day of April, and on the fifteenth day of October, in the city of Richmond, and on the first day of May, and on the first day of November, in the borough of Norfolk.

This change not to affect the pleadings.Sec. 2. And be it further enacted, That the said court, at its sessions to be commenced by virtue of this act, on the twelfth day of April next, in the city of Richmond, and on the first day of May next, in Norfolk, shall have the same right, power, and jurisdiction over all actions, suits, process, notices, pleadings and recognisances, and of all other proceedings of what nature or kind soever, civil or criminal, as the said court might or could possess and lawfully exercise, if the sessions of the said court, instead of being commenced on the said twelfth day of April next, and the said first day of May next, should have been commenced on the days heretofore prescribed.

Process returnable according to the change.Sec. 3. And be it further enacted, That from and after the passing this act, all actions, suit, process, notices, pleadings and recognisances, and all other proceedings of what nature or kind soever, civil or