United States Statutes at Large/Volume 1/3rd Congress/1st Session/Chapter 36
Domestic debt, term for subscribing extended to 31st Dec. 1794.
1793, ch. 26.
1795, ch. 13.Section 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the term for receiving on loan that part of the domestic debt of the United States which shall not have been subscribed in pursuance of the act, entituled “An act for extending the time for receiving on loan that part of the domestic debt of the United States which may not be subscribed prior to the first day of March, one thousand seven hundred and ninety-three,” be, and the same is hereby further extended from and after the last day of June ensuing, until the last day of December next inclusively, on the same terms and conditions as are contained in the act, intituled 1790, ch. 34.
On what terms.“An act making provision for the debt of the United States.” Provided, That the books for receiving the said subscriptions shall be opened only at the treasury of the United States.
Provision for non-subscribing creditors.Sec. 2. And be it further enacted, That such of the creditors of the United States as have not subscribed and shall not subscribe to the said loan, shall nevertheless receive during the year one thousand seven hundred and ninety-four, a rate per centum on the amount of such of their demands, as have been registered or as shall be registered at the treasury conformable to the directions in the act, intituled 1790, ch. 34.“An act making provision for the debt of the United States,” equal to the interest which would be payable to them as subscribing creditors.
Approved, May 30, 1794.