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Volume 82

Private Law 90–213

For the relief of Manufacturers Hanover Trust Company, of New York, New York.

Approved April 29, 1968

Statutory text

AN ACT

For the relief of Manufacturers Hanover Trust Company, of New York, New York.

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

That the Attorney

Manufacturers Hanover Trust Co.

General is authorized and directed to pay the sum of $88,041.30 to Manufacturers Hanover Trust Company, of New York, New York, in full settlement of its claim against the United States based upon the monetary loss, not otherwise compensated for or reimbursed, that it suffered by making overpayments in the aggregate amount of $88,041.30 to the Attorney General of the United States during 1955 and 1956, by reason of Vesting Orders Number’s 18941 and 19268 issued July 2, 1953, and April 13, 1953, respectively, by the Office of Alien Property of the Department of Justice. These vesting orders vested in the Attorney General of the United States certain debentures issued on October 1, 1926 by Hugo Stinnes Industries, Incorporated. These debentures had in fact, however, been retired by Hugo St innés Industries, Incorporated, prior to the dates of the two said vesting orders. The payment authorized and directed by this Act shall be made out of the proceeds resulting from Vesting Orders 18941 and 19268.

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 attorney on account of services rendered in connection with this claim, and the same shall be unlawful, any contract to the contrary notwithstanding. Any person violating the 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 April 29, 1968.

Parsed from the official Statutes at Large USLM XML in 82.xml