Public Law 75–633

That the Secretary

James Reuel Smith.

Acceptance of certain bequests of, authorized.

of the Treasury is hereby authorized and directed to accept on behalf of the United States the library and books bequeathed to the United States by the last will and testament of James Beuel Smith and to deliver to the Secretary of Commerce, or such officer as he shall designate, said library and books for distribution among and for the use of the various lighthouse stations of the United States Lighthouse Service.

Sec. 2.

That the Secretary of the Treasury is hereby authorized and directed to receive on behalf of the United States, for the purpose set forth in the last will and testament of James Reuel Smith, all moneys and other property bequeathed to the United States under the residuary clause of such will, and to deposit said moneys into the Treasury to the credit of a public debt account entitled “Redemption of Liberty Bonds Issued in the Year 1918 from Bequest

Sale of real and personal property; disposition of proceeds.

of James Reuel Smith.” The Secretary of the Treasury is further authorized and directed to sell any real or personal property which may be received under the residuary clause of said will, the proceeds

Restriction on use.

of such sales to be deposited in such public debt account. Such account shall be available until expended, for the redemption of Liberty bonds issued in the year 1918 and for no other purpose, and all payments made in the redemption of such bonds shall be made from such account, to the extent it is available, before any such payments are made out of other funds in the Treasury.