Volume 75 · 44
Public Law 87–21
To provide for the striking of medals in commemoration of the two hundred and fiftieth anniversary of the founding of Mobile, Alabama.
Approved April 24, 1961
Statutory text
AN ACT
To provide for the striking of medals in commemoration of the two hundred and fiftieth anniversary of the founding of Mobile, Alabama.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That in commemoration
Mobile, Ala.
Two hundred and fiftieth anniversary, medals.
of the two hundred and fiftieth anniversary of the founding of Mobile, Alabama (which anniversary will be celebrated in 1961), the Secretary of the Treasury is authorized and directed to strike and furnish to the Mobile Two Hundred and Fiftieth Anniversary Celebration Corporation not more than five thousand medals, one and five-sixteenths inches in diameter, of bronze or silver or both, with suitable emblems, devices, and inscriptions to be determined by the Mobile Two Hundred and Fiftieth Anniversary Celebration Corporation subject to the approval of the Secretary of the Treasury. The medals shall be made and delivered at such times as may be required by the Corporation, in quantities of not less than two thousand, but no medals shall be made after December 31, 1961. The medals shall be considered to be national medals within the meaning of section 3551 of the Revised Statutes.
31 USC 368.
Sec. 2.
The Secretary of the Treasury shall cause such medals
Cost.
to be struck and furnished at not less than the estimated cost of manufacture; including labor, materials, dies, use of machinery, and over-head expenses; and security satisfactory to the Director of the Mint shall be furnished to indemnify the United States for the full payment of such cost.
Upon authorization from the Mobile Two Hundred and Fiftieth Anniversary Celebration Corporation, the Secretary of the Treasury shall cause duplicates of such medal to be coined and sold, under such regulations as he may prescribe, at a price sufficient to cover the cost thereof (including labor).
Approved April 24, 1961.