Page:United States Statutes at Large Volume 5.djvu/617

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TWENTY-SEVENTH CONGRESS. Sess. II. Ch.287. 1842. 581 are hereby, appropriated, out of any moneys in the Treasury not otherwise appropriated. Sec. 10. And be it further enacted, That the Secretary of the Navy Osieers, Sec. Shall, if the same can be done without detriment to the public service, my, with their appoint, with their consent, 0iHcerS of the navy, not above the grade of i'fg;’If$p(E’Qh‘;P‘ lieutenants, to perform the duties of any clerkship created by this act, clerkships. (except as herein otherwise provided,) who shall receive each for their services not more than nine hundred dollars per annum, including their regular pay and rations; but the appointment of any officer in the navy to any of the offices or clerkships in this act, shall in no manner whatever interfere with his grade in the service. Sec. 11. And be it further enacted, That all acts, or parts of acts Aughurjtyto authorizing the President of the United States, or the Secretary of the mnsfer money, proper Department, under his direction to transfer any portion of the f;lQ;8:°uf“:'h';“ moneys appropriated for a particular branch of expenditure in that De- Navy Departartment, to be applied to another branch of expenditure in the same ment. repealed. hepartment, be, and are hereby, so far as relates to the Department of the Navy, repealed. Aepnovmn, August 31, 1842. Srnuu: II. CHAP. CCLXXXVII. —· An Act to limit the sale o the lic slack to and fa aut/wrize the issue of Treasury notes, in lieu l}o{·cq'Q1;dba certain a1r{;aru;:3,(a) so e . Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That no stock autho- HFQ *3* **1- rized to be issued for a loan, by the act entitled "An act authorizing a ofgxi J£)’;,°°m loan not exceeding the sum of twelve millions of dollars," approved 1841, ch._3, and July twenty-first, eighteen hundred and forty-one, and the act amenda- 1f"*‘2QP:'llf“2· tory of the same, entitled “An act for the extension of the loan of :0{dbg1Q°W;a,_ eighteen hundred and forty-one, and for an addition of five million of dollars thereto, and for allowing interest on Treasury notes due," approved April fifteenth, eighteen hundred and forty-two, shall hereafter be sold below par; and in case the same cannot be sold at or above par, Issue oftrea. and the exigenoies of the public service shall require the same, then and jh"! '$°¤ ¤¤· in that case the Secretary of the Treasury shall be, and hereby is, c;;?,, c33K_ authorized to issue Treasury notes in lieu of so much thereof as cannot gencies. . be thus negotiated, to an amount not exceeding six millions of dollars. Sec. 2. And be it further enacted, That the Treasury notes autho- _Tigne {ortho rized to be issued by virtue of this act shall not be issued alter the time {gx? °;g‘: limited by said last mentioned act, being the fifteenth day of April, B eighteen hundred and forty-three, for making said loan, and they shall To be issued be issued under the provisions and limitations contained in the act fi‘;$f;s‘g;(f{;‘¥L_ entitled “An act to authorize the issuing of Treasury notes," approved 5mg.,,,, of M, the twelfth day of October, eighteen hundred and thirty-seven, and as of 1201 October modified by the act entitled "An act additional to the act on the sub- md ject of Treasury notes," approved March thirty-first, eighteen hundred 1840, 6h_ 5_ and forty: Provided, That the notes authorized to be issued by virtue Pwvism of this aot may, when redeemed, be reissued, or new notes issued in _ lieu of such as may be redeemed within the time above prescribed for ;:¤£:¤* ***::7 issuing the same, provided that not more than six millions in amount :xQ;€d§§;%O0,_ shall be outstanding at any one time under the authority of this act. 000. _ Sec. 3. And be it further enacted, That nothing in the act contained, ,RQl¤¤V?'° ns: entitled an act authorizing the loan, above referred to, and an act amen- E;:;’§°‘} 32k_ datory of the same, shall be so construed as to authorize the issue of certificates of stock, for debts now due or to become due by the United States, for any other purpose than a bona fide loan to the Government

(a) Notes of the acts authorizing the issuing of gensgy notes, vol. 2, 766. ‘ Y