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Volume 48 · 1421

Private Law 73–707

For the relief of the Massachusetts Bonding and Insurance Company, a corporation organized and existing under the laws of the State of Massachusetts.

Approved June 21, 1934

Statutory text

AN ACT

For the relief of the Massachusetts Bonding and Insurance Company, a corporation organized and existing under the laws of the State of Massachusetts.

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

That the Postmaster General be, and he is hereby, authorized and directed to pay to the Massachusetts Bonding and Insurance Company, a corporation organized under the laws of the State of Massachusetts, out of the fund credited to unpaid money orders more than one year old, the sum of $22,216.47, being the aggregate of three thousand four hundred and eighteen money orders made payable to Philipsborn’s, The Outer Garment House, and endorsed and made payable to the National Bank of the Republic, and stolen from said Philipsborn’s on December 11, 1919, and never recovered or paid, which sum the Massachusetts Bonding and Insurance Company paid to said Philipsborn’s under its contract of indemnity, and become subrogated to the

Provisos.

Indemnity bond.

rights of Philipsborn’s as the payee of said money orders: Provided, That the said Massachusetts Bonding and Insurance Company shall first file in the Post Office Department of the United States a bond in the penal sum of $44,432.94, without limitation on the period of liability, with such surety or sureties as may be acceptable to the Postmaster General, to indemnify and save harmless the United States from any loss on account of the stolen postal money orders

Limitation on attorney’s, etc., fees.

herein described: Provided further, That no part of the amount appropriated in this Act in excess of 10 per centum thereof shall be paid or delivered to or received by any agent or agents, attorney or attorneys, on account of services rendered in connection with said claim. It shall be unlawful for any agent or agents, attorney or attorneys, to exact, collect, withhold, or receive any sum of the amount appropriated in this Act in excess of 10 per centum thereof on account of services rendered in connection with said claim, any contract to the contrary notwithstanding. Any person violating the

Penalty for violation.

provisions of this Act shall be deemed guilty of a misdemeanor and upon conviction thereof shall be fined in any sum not exceeding $1,000.

Approved, June 21, 1934.

Parsed from the official Statutes at Large USLM XML in 48.xml