Public Law 74–214

That the Librarian of Congress, with the advice and consent of the Library of Congress Trust Fund Board and the Joint Committee of Congress on the Library, is hereby authorized to accept, on behalf of the United States, the property devised and bequeathed to the United States by the last will and testament of Joseph Pennell, deceased (which will was admitted to probate by the register for the probate of wills and granting of letters of administration in and for the city and county of Philadelphia, in the Commonwealth of Pennsylvania, on the 24th day of June 1926), upon the terms and conditions set forth in the said will, if, in their judgment, such acceptance would be to the best interests of the Library.

Sec. 2.

Should the property be accepted pursuant to the authority hereinbefore granted, the Librarian of Congress is hereby authorized

Proviso.

Transfer of assets.

and directed to do all acts necessary in connection therewith: Provided, however, That the Librarian of Congress shall transfer the assets of the “Pennell Fund” (as designated in the said will), to the Library of Congress Trust Fund Board for administration by the said Board.