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United States Statutes at Large/Volume 5/24th Congress/2nd Session/Resolution 5

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3661162United States Statutes at Large, Volume 5 — Public Acts of the Twenty-Fourth Congress, Second Session, Resolution No. 5.United States Congress


March 3, 1837.

No. 5. A Resolution authorizing the Secretary of the Treasury to receive from the Bank of the United States, under the Pennsylvania charter, payment for the stock of the United States, in the late Bank of the United States.

Resolved, by the Senate and House of Representatives of the United States of America in Congress assembled,The terms of settlement proposed by the President and Directors of the Bank of the United States, under the Pennsylvania charter, to be accepted. That the Secretary of the Treasury be directed to accept the terms of settlement proposed by the President and Directors of the Bank of the United States, under the Pennsylvania charter, in their memorial to Congress, presented at the present session, for the payment to the United States of the capital stock owned by them in the late Bank of the United States, and the final adjustment and settlement of the claims connected with, or arising out of the same; and to take such obligation for the payment of the several instalments in said proposed terms of settlement mentioned, as he may think proper:Proviso. Provided, That nothing herein contained shall prejudice or affect in any way the question, between the General Government of the United States, and the late Bank of the United States, respecting the claim for damages on account of the protest of the bill of exchange, drawn on the French Government.

Approved, March 3, 1837.