United States Statutes at Large/Volume 4/19th Congress/1st Session/Chapter 77
[Obsolete.]
Chap. LXXVII.—An Act authorizing the payment of interest due to the state of Delaware.
The claims of Delaware against the United States, to be settled.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the proper accounting officers of the Treasury Department, be, and they are hereby, authorized and directed to liquidate and settle the claim of the state of Delaware against the United States, for interest upon loans of moneys borrowed, and actually expended by her, for the use and benefit of the United States, during the late war with Great Britain.
Rules adopted to govern the case.Sec. 2. And be it further enacted, That, in ascertaining the amount of interest as aforesaid, due to the state of Delaware, the following rules shall be understood as applicable to, and governing the same, to wit: First, that interest shall not be computed on any sum which Delaware has not expended for the use and benefit of the United States, as evidenced by the amount refunded or repaid to Delaware by the United States. Second, that no interest shall be paid on any sum on which she has not paid interest. Third, that, when the principal, or any part of it, has been paid or refunded by the United States, or money placed in the hands of Delaware for that purpose, the interest on the sum or sums so paid or refunded, shall cease and not be considered as chargeable to the United States, any longer than up to the time of the repayment as aforesaid.
Amount of interest, when ascertained, to be paid from the treasury.Sec. 3. And be it further enacted, That the amount of interest, when ascertained as aforesaid, shall be paid out of any money in [the] treasury, not otherwise appropriated.
Approved, May 20, 1826.