United States Statutes at Large/Volume 1/2nd Congress/1st Session/Chapter 26
Chap. XXVI.—An Act to indemnify the Estate of the late Major General Nathaniel Green, for a certain bond entered into by him during the late war.
Estate of the late General Green indemnified for amount of a certain bond,Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the United States shall and will indemnify the estate of the late General Green, for the sum of eight thousand six hundred and eighty-eight pounds six shillings sterling money, being the amount due on the first day of May, one thousand seven hundred and eighty-six, on a certain bond executed to Messieurs Newcomen and Collet, by the said General Green, as surety for John Banks and Company, and the interest thereon; excepting therefrom a certain conditional bond given in June one thousand seven hundred and eighty-six, for about one thousand six hundred pounds sterling, (be the same more or less) being part of the aforesaid sum of eight thousand six hundred and eighty-eight pounds six shillings, which was to be paid, on certain conditions,only in case the said General Green should recover from the said Banks, or Banks and Company, a sum sufficient for his indemnity; Provided it shall appear upon due investigation, by the officers of the treasury, that the said General Green, in his lifetime, or his executors, since his decease, have not been already indemnified, or compensated for the said sum of eight thousand six hundred and eighty-eight pounds six shillings, except as aforesaid: And also provided, That the said executors shall account for a sum being about two thousand pounds sterling, (be the same more or less) recovered of John Ferrie, one of the partners of the said Banks and Company, by the said executors, to be in part of the indemnification aforesaid; and also shall make over to the Comptroller of the Treasury and his successors, for the United States, all mortgages, bonds, covenants, or other counter securities whatsoever, now due, which were obtained by the said General Green, in his lifetime, from the said Banks and Company, on account of his being surety for them as aforesaid, to be sued for in the name of the said executors for the use of the United States. duty of the officers of the Treasury herein.And the officers of the treasury are hereby authorized to liquidate and settle the sum due to the estate of the said General Green, to indemnify the same, as aforesaid, according to the true intent and meaning of this act, and to pay the same, out of the treasury of the United States, to the said executors, to be accounted for by them, as part of the said estate.
Approved, April 27, 1792.