2 Of the District of Delaware: Donald Penfiozess McDonald, a corporal, a full penfion. Of the District of Maryland: John Bean, a private, half a penfion; William Ormond, a private, three-fourths of a penfion. Of the District of Virginia: John Bell, a lieutenant, three-fourths of a penfion; David Welch, a private, a full penfion. Of the District of Kentucky: James Speed, a lieutenant, a full penfion. ' and their Of the District of North-Carolina : John rates. Thefe pen inated. Sec. 2. And be it further enacted, That the penfions allowed by this act, fhall be estimated, ons how in manner following; that is to fay: A full to be efti penfion to a commiffioned officer fhall be confidered, the one-half of his monthly pay, as by law established: And the proportions lefs than a full penfion fhall be the like proportions of half-pay: And a full penfion to a non-commiffioned officer or private foldier, fhall be five dollars per month; and the proportions lefs than a full penfion, fhall be the like proportions of five dollars per month: Provided, That every commiffioned officer, who fhall, by virtue of this act, be placed on the penfion-lift, as entitled to a fum lefs than commuta a full pension, shall receive fuch penfion, on- tion, ly upon compliance with the fame rule refpecting a return of the commutation, which he may have received, as is provided for, in the cafe of captain David Cook, by an act of Return of These pen Congrefs, paffed December the fixteenth, one thousand seven hundred and ninety-one : Sec. 3. And be it further enacted, That the fions how penfioners aforefaid fhall be paid in the fame to be paid. manner, as invalid penfioners are paid, who have heretofore been placed on the list of pen. fioners of the United States, under fuch restrictions and regulations, in all refpects, as are prefcribed by the laws of the United States, in fuch cafes provided. JONATHAN DAYTON, Speaker of JOHN ADAMS, Vice-Prefident of the United APPROVED, April the twentieth, 1796: GEORGE WASHINGTON, Prefident of the United States. し CHAPTER XVI. An Act in Addition to an Act, intitled, “ An Act making further Provifion for the Support of public Credit, and for the Redemption of the public Debt." Sec. 1.DE it enacted by the Senate and Houfe of Reprefentatives of the United States of America, in Congrefs affembled, That it fhall be lawful for the commiffioners of the finking fund, and they are hereby required, to cause the funded ftock of the United States fioners of the funded terest of 6 per cent. dends; bearing a prefent interest of fix per centum Commis per annum, to be reimbursed and paid, in the finking manner following, to wit: First, by dividends fund to pay to be made on the last days of March, June fock bearand September for the prefent year, and from ing an inthe year one thousand seven hundred and ninety-feven, to the year one thoufand eight by divihundred and eighteen inclufive, at the rate of one and one half per centum, upon the ori ginal capital. Secondly, by dividends to be made on the laft day of December for the prefent year, and from the year one thousand feven hundred and ninety-feven, to the year one thousand eight hundred and feventeen inclufive, at the rate of three and one half per centum upon the original capital; and by a dividend to be made on the last day of December, in the year one thoufand eight hundred and eighteen, of fuch a fum, as will be then adequate, according to the contract, for the final redemption of the said stock. ed debt, Sec. 2. And be it further enacted, That it fhall be lawful for the faid commiffioners of the finking fund, and they are hereby required, to caufe the funded debt of the Uni- The fundted States, upon which an intereft of fix per the interest centum per annum will commence on the of which is deferred, first day of January, in the year one thou- alfo by di fand eight hundred and one, to be reimburfed vidends and paid, in manner following, to wit: First, by dividends to be made on the last days of March, June, and September, from the year one thousand eight hundred and one, to the year one thoufand eight hundred and twentyfour, inclusively, at the rate of one and one half per centum upon the original capital: Secondly, by dividends to be made on the laft day of December, from the year one thouVOL. III. M 2 tain fums fand eight hundred and one, to the year one thoufand eight hundred and twenty-three, inclufively, at the rate of three and one-half per centum upon the original capital: and by a dividend to be made on the laft day of De cember, in the year one thoufand eight hundred and twenty-four, of fuch a fum, as will be then adequate, according to the contract, for the final redemption of the faid stock. Sec.3. And be it further enacted,That it shall And cer- be lawful for the faid Commiffioners of the of balances finking fund, and they are hereby required, to of funded caufe to be reimbursed and paid in manner bestock, fore prescribed, fuch fum and fums, as, accordftanding to ing to the right for that purpose referved, may of certain rightfully be paid for and towards the reim debt or the credit ftates, in like man ner. burfement or redemption of all fuch balances of the funded debt or stock of the United States, bearing a prefent interest of fix per centum per annum, or which will bear a like intereft, from and after the first day of January, in the year one thoufand eight hundred and one, as ftand to the credit of certain ftates, in confequence of an act paffed on the thirty-firft day of May, in the year one thoufand feven hundred and ninety-four; and with the confent of the faid ftates, fuch additional fums, as will render the reimbursement of the faid balances equal to that made upon the refidue of the said stock, at the commencement of the prefent year. Sec. 4. And be it further enacted, That, in addition to the fums already appropriated to the finking fund, by the act, intitled, "An Act making further provifion for the fupport of public credit, and for the redemption of the public debt," there fhall be, and is hereby, in like manner, appropriated to the faid fund, fuch a fum of the duties on goods, wares and mer the pay chandize imported on the tannage of fhips and Appropri veffels, and on fpirits diftilled in the United ation for States and on ftills, as, with the monies, which ment of faid now constitute the finking fund, and fhail balances standing to accrue to it, in virtue of the provifions already the credit made by law, and the intereft upon the fums of certain which fhall be annually reimbursed, will be fufficient, yearly and every year, to reimburse and pay the faid balances ftanding to the credit of certain ftates, in the manner herein before prefcribed and directed. ftates. miffioners cretary. Sec. 5. And be it further enacted, That it fhall be lawful for the commiffioners of the The comfinking fund, to appoint a secretary, whofe may ap-duty it fhall be, to record and preferve their point a feproceedings and documents, and to certify copies thereof, when thereunto duly required; and the faid fecretary fhall be allowed a com- His compenfation not exceeding two hundred and fifty penfation. dollars, annually, for his fervices. JONATHAN DAYTON, Speaker of JOHN ADAMS, Vice-Prefident of the United States, and Prefident of the Senate. APPROVED, April the twenty-eighth, 1796: GEORGE WASHINGTON, Prefident of the United States. |