which the said commissioners are now vested with, or are required to perform by, or in virtue of any act of Congress, or any act of the general assembly of Maryland, or any deed or deeds of trust from the original proprietors of the lots in the said city, or in any other manner whatsoever.
Commissioners shall settle accounts immediately.Sec. 3. And be it further enacted, That the said commissioners shall forthwith settle with the accounting officers of the treasury their accounts for all monies received and expended by them in their capacity as commissioners, and shall immediately thereafter pay to the said superintendent any balance which may be found against them upon such settlement.
Superintendent to pay all obligations contracted by his predecessor.Sec. 4. And be it further enacted, That the said superintendent shall pay all the debts heretofore contracted by the commissioners in their capacity as such, the payments of which are not herein after specially provided for, out of any monies received by him arising out of the city funds.
Lots shall be sold to pay debt to Maryland.Sec. 5. And be it further enacted, That the said superintendent shall, under the direction of the President of the United States, sell so many of those lots in the city of Washington which are pledged for the repayment of a loan of two hundred thousand dollars, made by the state of Maryland, in the years one thousand seven hundred and ninety-six and one thousand seven hundred and ninety-seven, to the commissioners for the use of the said city, as may be sufficient to pay the interest already accrued on the said loan, and the interest and instalments thereof, as they may respectively become due: Provided, that if in the opinion of the President of the United States,In default of sale, the debt to be paid from public treasury. the sale of a sufficient number of the said lots, to meet the objects aforesaid, cannot be made without an unwarrantable sacrifice of the property, then so much money as may be necessary to provide for the deficiency is hereby appropriated and shall be paid out of any money in the treasury of the United States not otherwise appropriated.
Lots to be resold which had not been paid for.
The amount of sales to be applied to the payment of a sum due to Maryland.
Provision in case of a deficiency.Sec. 6. And be it further enacted, That the said superintendent shall, prior to the first day of November next, sell, under the directions of the President of the United States, all the lots in the said city, which were sold antecedent to the sixth day of May, in the year one thousand seven hundred and ninety-six, and which the said commissioners are authorized by law to re-sell, in consequence of a failure on the part of the purchasers, to comply with their contracts; and the monies arising thereupon shall be applied, on or before the first day of November next, to the payment of the sum of fifty thousand dollars and the interest thereon to the state of Maryland, which said sum was formerly loaned by the said state to the commissioners for the use of the city of Washington: Provided, that if a sufficient sum to meet the objects last aforesaid, shall not be produced by the sale of the whole of the lots aforesaid, then so much money as may be necessary to provide for the deficiency is hereby appropriated, and shall be paid out of any money in the treasury of the United States, not otherwise appropriated.
After debts already contracted are discharged monies advanced out of the treasury to be reimbursed by superintendent.Sec. 7. And be it further enacted, That after the debts already contracted by the commissioners shall have been discharged, all monies advanced out of the treasury in pursuance of this act, shall be reimbursed by the said superintendent, by paying into the treasury all monies arising from the city funds, until the whole sum advanced, with the interest thereon, shall be repaid.
Part of a former act relating to the appointment of a board of commissioners repealed.Sec. 8. And be it further enacted, That so much of the act, intituled “An act to establish the temporary and permanent seat of government of the United States,” passed on the sixteenth day of July, in the year seventeen hundred and ninety, as relates to the appointment of commissioners, shall be, and the same is hereby repealed.
Books of subscription to be opened for completing the canal from the Potomac to the Eastern Branch.Under whose direction.
Sum to be raised, amount of shares.
Act of May 31, 1832, ch. 112.Sec. 9. And be it further enacted, That it shall and may be lawful to open books in the city of Washington, for receiving and entering
