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Volume 10

Public Law 32–LXXXIX

to provide Compensation to such persons as maybe designated by the Secretary of the Treasury to receive and keep the Public Honey, under the fifteenth section of the Act of sixth August, eighteen hundred and forty-six, for the additional services required under that Act.

Approved March 2, 1853

Statutory text

An Act

to provide Compensation to such persons as maybe designated by the Secretary of the Treasury to receive and keep the Public Honey, under the fifteenth section of the Act of sixth August, eighteen hundred and forty-six, for the additional services required under that Act.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That the depositaries which have been or may be designated by the Secretary of the Treasury, under the fifteenth section of the act of the sixth of August, eighteen hundred and forty-six, to receive payments and give receipts or certificates of deposit for public money from miscellaneous sources, other than the transactions of the respective offices for which they are or may be commissioned, may be paid in full compensation for receiving, safely keeping, and paying out such public money, after the first day of March, eighteen hundred and forty-nine, at the rate of one half of one per centum for the first one hundred thousand dollars; one fourth of one per centum for the second one hundred thousand dollars; and one eighth of one per centum for all sums over two hundred thousand dollars; any sum which may have been allowed to such depositary for rent or any other contingent expenses in respect to the custody of such public money, being deducted from such compensation before any payment shall be made therefor:

Proviso.

Provided, That no compensation shall be allowed for the above services when the emoluments of the office of which said designated depositary is in commission, amounts to the maximum compensation fixed by law; nor shall the amount allowed to any of said designated depositaries for such services, when added to the emoluments of the office of which he is in commission be more than sufficient to make the maximum compensation fixed by law:

Proviso.

And provided further, That the whole allowance to any designated depositary for such services, shall not exceed fifteen hundred dollars per annum.

Sec. 2.

Appropriation.

And be it further enacted, That the sum of twenty thousand dollars be, and the same is hereby appropriated to meet the allowances which may be made under the provisions of this act.

Approved, .

Parsed from the official Statutes at Large USLM XML in 10.xml