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Volume 49 · 2252

Private Law 74–224

To authorize the Secretary of the Treasury to execute an agreement of indemnity to the First Granite National Bank, Augusta, Maine.

Approved April 14, 1936

Statutory text

AN ACT

To authorize the Secretary of the Treasury to execute an agreement of indemnity to the First Granite National Bank, Augusta, Maine.

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

That the Secretary

First Granite National Bank, Augusta, Maine.

Execution of indemnity agreement to, authorized.

of the Treasury be, and he is hereby, authorized and directed to execute, in the name of the United States, and deliver to the First Granite National Bank, Augusta, Maine, upon receipt from such bank of $8,547.83, an agreement of indemnity binding the United States to make reimbursement to such bank upon condition that such bank is required to make payment to bona-fide holders upon presentation of check numbered 21874, and dated July 1, 1926, in the amount of $8,547.83, drawn by the First Granite National Bank, Augusta, Maine, on the New York Trust Company of New York, payable to George W. Wood, president of the board of managers (post fund), at the request of the Eastern Branch, National Home

Provisos.

Application of fund.

for Disabled Volunteer Soldiers, Augusta, Maine: Provided, That the Secretary of the Treasury shall, upon receipt of $8,547.83, as hereinbefore provided, credit the general post fund of the Veterans’

Contingent reimbursement.

Administration in that amount: Provided further, That if the First Granite National Bank, Augusta, Maine, is required to make payment to a bona-fide holder upon presentation of said check numbered 21874, the Secretary of the Treasury is authorized and directed to pay, out of any money in the Treasury not otherwise appropriated, the sum of $8,547.83 to said bank, pursuant to the terms of the indemnity agreement authorized by this Act.

Approved, April 14, 1936.

Parsed from the official Statutes at Large USLM XML in 49.xml