United States Statutes at Large/Volume 1/2nd Congress/2nd Session/Chapter 25

United States Statutes at Large, Volume 1
United States Congress
Public Acts of the Second Congress, 2nd Session, Chapter 25

March 2, 1793
Chap. XXV.—An Act providing for the payment of the First Instalment due on a Loan made of the Bank of the United States.

President may apply certain moniesBe it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President of the United States be, and he hereby is authorized and empowered to apply two hundred thousand dollars, of the monies which may have been borrowed, to pay first instalment to Bank of U. S.
1790, ch. 47.
in pursuance of the fourth section of the act, intituled “An act making provision for the reduction of the public debt,” in payment of the first instalment, due to the Bank of the United States, upon a loan made of the said bank, in pursuance of the eleventh section of the act for incorporating the subscribers to the said bank.

Approved, March 2, 1793.