United States Statutes at Large/Volume 1/2nd Congress/2nd Session/Chapter 26
[Obsolete.]
Chap. XXVI.—An Act for extending the time for receiving on loan that part of the Domestic Debt of the United States, which may not be subscribed, prior to the first day of March, one thousand seven hundred and ninety-three.
Domestic debt term for receiving on loan extended to June 1794.Section 1. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the term for receiving on loan that part of the domestic debt of the United States, which shall not have been subscribed, in pursuance of the act, intituled “An act supplementary to the act making provision for the debt of the United States,”1794, ch. 36.
Act of May 8, 1792, ch. 38. be extended, from and after the first day of March, one thousand seven hundred and ninety-three, until the last day of June, one thousand seven hundred and ninety-four inclusively, on the same terms and conditions, as are contained in the act, intituled “An act making provision for the debt of the United States: Provided, That the books for receiving the said subscriptions shall be opened only at the treasury of the United States.
Privilege of non-subscribing creditors.Sec. 2. And be it further enacted, That such of the creditors of the United States, as have not subscribed, and shall not subscribe to the said loan, shall nevertheless receive, during the year one thousand seven hundred and ninety-three, a rate per centum on the amount of such of their demands, as shall have been registered, conformable to the directions contained in the said act, on or before the last day of June, one thousand seven hundred and ninety-four, equal to the interest, which would be payable to them, as subscribing creditors.
Approved, March 2, 1793.