AN ACT for the relief of Jonathan Hudson, of Baltimore.

Be it enacted, etc. That the sum of four hundred and thirty dollars be allowed to Jonathan Hudson, of Baltimore, in part payment of the revenue bond, given by Matthew Pascal, on which he was one of the sureties, being so much paid by him as consignee of the Spanish brig San Francisco, Miguel Zenteno master, to the Collector of Norfolk; which payment was illegally exacted, he having previously paid the tonnage duty, on entry of said brig, to the Collector of the port of Baltimore.

Approved-March 3, 1825.

AN ACT discharging a judgment against the Representatives of Elijah Wadsworth, deceased.

Be it enacted, etc. That a judgment rendered in favor of the United States in the Circuit Court of the United States, in and for the Seventh Ohio District, at the July term, in the year eighteen hundred and twenty-four, against the representatives of Elijah Wadsworth, deceased, late a Major General in the service of the United States, be, and the same is hereby, discharged, and made null and void.

Approved-March 3, 1825.

AN ACT for the relief of Joseph Dozet and Antoine Bourgoud.

Be it enacted, etc. That the proper accounting officers of the Treasury Department be, and they are hereby, au thorized and directed to ascertain and settle the claims of Joseph Dozet and Antoine Bourgoud, for the damage done by the destruction of their property, adjoining the garr son on the river Raisin, in the Michigan territory, on the fifteenth day of August, in the year eighteen hundred and twelve, by order of Colonel John Anderson, commandant o said garrison; and that the amount thereof be paid out of any unappropriated moneys in the Treasury: Provided. That the sum, so allowed, shall not exceed four hundred dollars: And Provided, also, That it shall be made to appear that the said Joseph Dozet and Antoine Bourgoud have not received the amount of their claim or any part thereof, from the said John Anderson; and that the aforesaid sum, when paid, shall be in full satisfac tion for two several judgments, heretofore recovered against the said Anderson.

Approved-March 3, 1825.

AN ACT for the relief of Otis Pendleton, Harris Pendleton, John F. Delaplaine, Elijah P. Delaplaine, and others.

Be it enacted, etc. That the Collector of the Customs for the District of New London, in Connecticut, be, and he is hereby, directed to pay to Otis Pendleton, and Harris Pendleton, late owners of a fishing schooner called the El zabeth, of sixty-three tons and forty-two ninety-fifths of a ton burthen, which vessel was lost at sea, and to the persons composing the crew of said schooner, the allowance to which said vessel would have been entitled had she returned into port after completing her fishing term; to be distributed according to law.

Sec. 2. And be it further enacted, That the Collector for the port of New York be, and he is hereby, directed to pay to John F. Delaplaine and Elijah P. Delaplaine, owners of a fishing schooner called the Sandford William, of the burthen of one hundred and twenty-five tons, and to the persons composing the crew of the said schooner, to be distributed according to law, the amount of the fishing allowance, the payment of which was refused by the said Collector, in consequence of the loss of the original fishing agreement accidentally burnt during the fishing voyage of the said schooner, in the year one thousand eight hundred and twenty-four.

Approved-March 3, 1825.

AN ACT to extend the time for the settlement of private land claims in the territory of Florida, to provide for the pre

servation of the public Archives in said Territory, and for the relief of John Johnson.

Be it enacted, etc. That, when the Secretary of the Treasury shall be satisfied that John Johnson, of Indiana, did enter, at the Brookville Land Office, in said state, the east half of the northeast quarter of section thirty-five, and the west half of the northwest quarter of section thirty-six, in township seventeen, north, in range four, east, by mistake, instead of the east half of the southeast quarter, and the west half of the southwest quarter of the same sections, it shall be lawful for a patent to be issued to the said John Johnson for the two last mentioned half quar ters, so intended to be entered, on his relinquishing to the United States his interest in, and surrendering the pa tent issued for, the two first mentioned half quarters, in such manner as shall be directed by the Secretary of the Treasury.

Sec. 2. And be it further enacted, That, the Commissioners appointed to ascertain claims and titles to the land in East Florida, be, and they are hereby, authorized to continue their session until the first Monday of January, one thousand eight hundred and twenty-six, under the same laws, ordinances, and regulations, heretofore established for their government.

Sec. 3. And be it further enacted, That so much of the act, entitled "An act to extend the time limited for the settlement of private land claims in Florida, as renders void all claims to land in said territory, not filed on or before the first day of September, one thousand eight hundred and twenty-four, be, and the same is hereby, repealed, and it shall be lawful for claims to be filed before the Board of Commissioners in East Florida, any time prior to the first day of November, one thousand eight hundred and twenty-five.

Sec. 4. And be it further enacted, That there shall be appointed two additional Clerks to the Board of Commis. sioners of East Florida, to each of whom shall be allowed the sum of seven hundred dollars, to be paid quarterly by the Treasury of the United States.

Sec. 5. And be it further enacted, That each of the Commissioners appointed for the examination of claims in East Florida, be allowed at the rate of two thousand dollars per annum, in full for their services, to be paid quarter ly at the Treasury of the United States, out of any money in the Treasury, not otherwise appropriated: Provided, however, That no one of said Commissioners shall be entitled to draw any portion of the compensation hereby allowed him, except on showing an actual and faithful performance of the duties required of him.

18th CONGRESS, 2d SESSION.

Laws of the United States.

Sec. 6. And be it further enacted, That it shall be the duty of the late Commissioners for the examination of titles and claims to land in West Florida, and of their Clerk, to deliver to the Register and Receiver of the Land Office for the Western Land District of Florida, all records, evidence, and papers, in the possession of them, or either of them, relating to said titles and claims. And it shall be the duty of said Register and Receiver to examine and decide on all titles and claims to land in West Florida, not heretofore decided upon by said Commissioners, subject to the limitations, and in conformity with the provisions of the acts of Congress heretofore passed on that subject.

Sec. 7. And be it further enacted, That the several claimants of land, in said district, where claims have not been heretofore decided on, be permitted to file their claims, and the evidence in support of them, with the Register and Receiver of said District, at any time before the first day of November next; whose duty it shall be to report the same, with their decision thereon, to the Secretary of the Treasury, on or before the first day of January next, to be laid before Congress at the next session.

Sec. 8. And be it further enacted, That the said Register and Receiver shall have power to appoint their Clerk, and prescribe his duties, and who shall be allowed, in full compensation for his services, the sum of eight hundred dollars, and said Register and Receiver shall each be allowed the sum of one thousand dollars for the performance of the duties required of them by this act, which said several sums of money shall be paid said Register and Receiver, and their Clerk, out of any money in the Treasury, not otherwise appropriated, whenever the business is completed, and the report approved by the Secretary of the Treasury.

Sec. 9. And be it further enacted, That the President of the United States be, and he is hereby, authorized to appoint two officers, to be called the Keepers of the Public Archives in the territory of Florida, one of whom shall keep his office at St. Augustine, in East Florida, and the other at Pensacola, in West Florida.

Sec. 10. And be it further enacted, That the said officers shall each give bond and security in the sum of twenty thousand dollars, for the safe keeping and preservation of the said archives, and for the faithful performance of the duties of their respective offices, and the translation of such of the records and documents as are hereinafter provided for, and shall each receive a salary of five hundred dollars, to be paid quarterly from the Treasury of the United States.

Sec. 11. And be it further enacted, That the said officers shall cause to be made a faithful and complete translation and record of all the Spanish records and documents delivered to them, and having relation to land claims derived from the Spanish and British Governments, distinguishing and keeping separately those which relate to grants made within the districts of Baton Rouge, Mobile, north of latitude thirty-one, and those made within the present limits of Florida; a complete descriptive list of each of which translations and records, when completed, shall be forwarded to the Secretary of the Treasury, and the said officers shall, severally, be entitled to receive from the Treasury of the United States, on the completion of the work, a compensation at the rate of ten cents for each hundred words by them translated and recorded.

Sec. 12. And be it further enacted, That the said officers shall make out and deliver to individual applicants, copies or translations of any documents in their said offices, on being paid for the same at the rate of six and onefourth cents for each hundred words.

Sec. 11. And be it further enacted, That the several sums of money hereby appropriated shall be paid out of any money in the Treasury, not otherwise appropriated.

Approved-March 3, 1825.

AN ACT authorizing the Secretary of the Treasury to borrow a sum not exceeding twelve millions of dollars, or to ex

change a stock of four and one half per cent. for a certain stock beuring an interest of six per cent.

Be it enacted, etc. That the President of the United States be, and he is hereby, authorized to borrow, on or before the first day of January next, on the credit of the United States, a sum not exceeding twelve millions of dollars, at a rate of interest, payable quarterly, not exceeding four and one-half per centum per annum, six millions whereof reimbursable at the pleasure of the Government, at any time after the thirty-first day of December, in the year eighteen hundred and twenty-eight; and six millions at any time after the thirty-first day of December, in the year eighteen hundred and twenty-nine, to be applied, in addition to the moneys which may be in the Treasury at the time of borrowing the same, to pay off and discharge such part of the six per cent. stock of the United States, of the year one thousand eight hundred and thirteen, as may be redeemable after the first day of January next. Sec. 2. And be it further enacted, That it shall be lawful for the Bank of the United States to lend the said sum, or any part thereof; and it is hereby further declared that it shall be deemed a good execution of the said power to borrow, for the Secretary of the Treasury, with the approbation of the President of the United States, to cause to be constituted certificates of stock, signed by the Register of the Treasury, or by a Commissioner of Loans, for the whole or any part thereof, bearing an interest not exceed ng four and one-half per centum per annum, transferrable and reimbursable as aforesaid, and to cause the said certificates to be sold: Provided, That no stock be sold under par.

Sec. 2. And it be further enacted, That a subscription to the amount of twelve millions of dollars of the six per cent stock of the year eighteen hundred and thirteen, be, and the same is hereby, proposed, for which purpose books shall be opened at the Treasury of the United States, and at the several loan offices, on the first day of April next, to continue open until the first day of October thereafter, for such parts of the above mentioned description of stock as shall, on the day of subscription, stand on the books of the Treasury, and on those of the several loan offices, respectively; which subscription shall be effected by a transfer to the United States, in the manner provided by law for such transfers, of the credit or credits standing on the said books, and by a surrender of the certificates of the stock so subscribed: Provided, That all subscription by such transfer of stock shall be considered as part of the said twelve millions of dollars authorized to be borrowed by the first section of this act.

Sec. 4. And be it further enacted, That, for the whole or any part of any sum, which shall be thus subscribed, credits shall be entered to the respective subscribers, who shall be entitled to a certificate or certificates, purporting that the United States owe to the holder or holders thereof, his, her, or their assigns, a sum to be expressed therein, equal to the amount of the principal stock thus subscribed, bearing an interest not exceeding four and oneball per centum per annum, payable quarterly, from the thirty-first day of December, one thousand eight hundred and twenty-five, transferrable in the same manner as is provided by law for the transfer of the stock subscribel, and

subject to redemption, at the pleasure of the United States, as follows: one-half at any time after the thirty-first day of December, one thousand eight hundred and twenty-eight, and the remainder at any time after the thirtyfirst day of December, in the year one thousand eight hundred and twenty-nine: Provided, That no reimburse ment shall be made, except for the whole amount of such new certificate, nor until after at least six months' public notice of such intended reimbursement. And it shall be the duty of the Secretary of the Treasury to cause to be re-transferred to the respective subscribers, the several sums by them subscribed beyond the amount of the certificates of four and one-half per cent. stock issued to them, respectively.

Sec. 5. And be it further enacted, That the same funds which have heretofore been, and now are pledged by law for the payment of the interest, and for the redemption and reimbursement of the stock which may be redeemed or reimbursed by virtue of the provisions of this act, shall remain pledged in like manner for the payment of the interest accruing on the stock created by reason of such subscription, and for the redemption or reimbursement of the principal of the same. And it shall be the duty of the Commissioners of the Sinking Fund, to cause to be applied and paid, out of the said fund, yearly, and every year, such sum and sums as may be annually required to discharge the interest accruing on the stock which may be created by virtue of this act. The said Commissioners are also hereby authorized to apply, from time to time, such sum and sums out of the said fund, as they may think proper, towards redeeming, by purchase, or by reimbursement, in conformity with the provisions of this act, the principal of the said stock; and such part of the annual sum of ten millions of dollars, vested by law in the said Commissioners, as may be necessary and required for the above purposes, shall be, and continue appropriated to the payment of interest and redemption of the public debt, until the whole of the stock which may be created under the provisions of this act, shall have been redeemed or reimbursed.

Sec. 6. And be it further enacted, That nothing in this act shall be construed in any wise to alter, abridge, or im pair, the right of those creditors of the United States who shall not subscribe to the loan to be opened by virtue of this act.

Approved-March 3, 1825.

AN ACT to authorize the Register or Enrolment and License to be issued in the name of the President or Secretary of any incorporated Company, owning a steam boat or vessel.

Be it enacted, &c. That enrolments and licenses for steam-boats or vessels, owned by any incorporated company, may be issued in name of the President or Secretary of such Company; and that such enrolments and licenses shall not be vacated or affected by a sale of any share or shares of any stockholder or stockholders, in such Com

pany.

Sec. 2. And be it further enacted, That registers for steam-boats or vessels, owned by any incorporated company, may be issued in the name of the President or Secretary of such Company; and that such registers shall not be vacated or affected by a sale of any share or shares of any stockholder or stockholders, in such Company.

Sec. 3. And be it further enacted, That, upon the death, removal, or resignation, of the President or Secretary of any incorporated company, owning any steam-boat or vessel, a new register, or enrolment and license, as the case may be, shall be taken out for such steam-boat or vessel.

Sec. 4. And be it further enacted, That, previously to granting a register, or enrolment and license, for any steam. boat or vessel, owned by any company, the President or Secretary of such company shall swear, or affirm, as to the ownership of such steam-boat or vessel, by such company, without designating the names of the persons composing such company; which oath or affirmation shall be deemed sufficient, without requiring the oath or afirmation of any other person interested or concerned in such steam-boat or vessel.

Sec. 5. And be it further enacted, That, before granting a register for any steam-boat or vessel, so owned by any incorporated company, the President or Secretary thereof shall swear or affirm that, to the best of his know. ledge and belief, no part of such steam-boat or vessel has been, or is then, owned by any foreigner or foreigners. Approved, March 3, 1825.

AN ACT to establish the city of Hudson and the city of Troy, in the state of New York, Bowdoinham, in the state of Maine, and Fairport, in the state of Ohio, ports of delivery, and to abolish Topsham as a part of delivery.

Be it enacted, &c. That the city of Hudson, and the city of Troy, in the state of New York, Bowdoinham, in the district of Bath, in the state of Maine, and Fairport, in the listrict of Cuyahoga, in the state of Ohio, be, and the same are hereby, severally, made a port of delivery.

Sec. 2. And be it further enacted, That the port of delivery established at Topsham, in the state of Maine, be, and the same is hereby, abolished.

Approved-March 3, 1825.

AN ACT authorizing the establishment of a Navy Yard and Depot, on the coast of Florida, in the Gulf of Mexico.

Be it enacted, &c. That the President of the United States be, and he is hereby, authorized to select and pur chase a site for a Navy Yard and Depot, on the coast of Florida, in the Gulf of Mexico, and to erect such buildings, and make such improvements thereon, as he may judge necessary for the accommodation and supply of the Unit ed States' vessels of war in that quarter; and that the sum of one hundred thousand dollars be appropriated for ef fecting that object, out of any moneys in the Treasury, not otherwise appropriated.

Approved-March 3, 1825.

AN ACT to authorize the building of Light-Houses and Light Vessels, and Beacons and Monuments, therein mentioned; and for other purposes.

Be it enacted, &c. That the Secretary of the Treasury be, and he is hereby, empowered to provide, by contract, for building Light-houses and Light-vessels, erecting Beacons and Monuments, and placing Buoys, on the following sites or shoals, to wit:

18th CONGRESS, 2d SESSION.

Laws of the United States.

A lighthouse on a proper site on Moose Peak Islands, in the state of Maine; and a monument on a proper site on Stage Island, in the same state.

A lighthouse on a proper site, at or near the mouth of Burlington Harbor, in the state of Vermont.

A house at the entrance of Nantucket Harbor, for the keeper, with a tower on the same for the lantern, in the state of Massachusetts.

A lighthouse, on Dutch Island, in Narraganset Bay, in the state of Rhode Island; and a small beacon light on Warwick Neck, in the same state.

Three small beacons at the entrance of Mill River Harbor, in the state of Connecticut.

A lighthouse near the Fire Island inlet, on the south side of Long Island, in the state of New York; and a lighthouse on Stony Point, instead of Verplank's Point, as heretofore directed, in the same state.

A lighthouse on Cedar Point, at or near the mouth of Patuxent River, in the state of Maryland, and a small bea, con light on Point Look Out, at the mouth of Potomac, in the same state.

A light-vessel for Albemarle Sound, in the state of North Carolina, to be placed either at or near the south Point of Roanoke Island, or at the end of Wade's Point Shoal, at the mouth of Pasquotank River, in the same state. A lighthouse on Point Defer, in the state of Louisiana.

Sec. 2. And be it further enacted, That there be appropriated, out of any money in the Treasury, not otherwise appropriated, the following sums of money, to wit:

For a lighthouse on the Moose Peak Islands, n the state of Maine, four thousand dollars; for a monument on Stage Island, one thousand five hundred dollars; and for placing a buoy, in Winter Harbor, in the same state, fifty dollars.

For a lighthouse at the mouth of Burlington Harbor, in the state of Vermont, four thousand dollars.

For the keeper's house at the entrance of Nantucket Harbor, with a tower on the same, in the state of Massa: chusetts, sixteen hundred dollars.

For a lighthouse on Dutch Island, in Narraganset Bay, in the state of Rhode Island, three thousand dollars; and for a small beacon light on Warwick Neck, in the same state, one thousand dollars.

For three small beacons at the entrance of Mill River Harbor, in the state of Connecticut, two thousand six hundred dollars.

For a lighthouse near Fire Island Inlet, in the state of New York, a sum not exceeding ten thousand dollars; and for the lighthouse heretofore directed to be built on Throg's Neck, and for the site thereof, in the same state, seven thousand dollars.

For a lighthouse on Cedar Point, in the state of Maryland, six thousand dollars; and for a small beacon light on Point Look Out in the same state, one thousand eight hundred dollars.

For the light vessel to be placed on Albemarle Sound, in the state of North Carolina, a sum not exceeding five thousand five hundred dollars. For replacing the buoy at Ocracoke Inlet, and for two buoys to be placed, one at Fulcher's Point, and one at Cross Rock, Croaton Sound, in the same state, one hundred and eighty dollars.

For three buoys to be placed at proper places, at the entrance of the harbor of Pensacola, in the territory of Florida, one hundred and eighty dollars.

For the lighthouse on Point Defer, in the state of Louisiana, ten thousand dollars.

For completing the work to secure Plymouth Beach, in the state of Massachusetts, five thousand seven hundred and twelve dollars.

For erecting a pier at the mouth of Cuyahoga River in the state of Ohio, five thousand dollars; and for completing the pier at the mouth of Grand River, in the same state, one thousand dollars.

And for surveys to be made under the direction of the President of the United States, for the following purposes, to wit: to ascertain the practicability and necessity of constructing a pier at the mouth of the Harbor of Marblehead, for the security of shipping; and also a pier in the Harbor of Holmes' Hole, for the same object, in the state of Massachusetts, the sum of four hundred dollars.

Approved-March 3, 1825.

AN ACT for the relief of Nimrod Farrow and Richard Harris.

Ee it enacted, &c. That the Secretary of War cause to be withdrawn and dismissed, a suit which is now pending by the United States against Nimrod Farrow and his securities, for moneys advanced him by the United States, as one of the contractors for erecting a fort on Dauphin Island; and that the bond on which the suit was instituted, be cancelled.

Sec. 2. And be it further enacted, That the Secretary of War cause to be delivered up and released, by proper conveyances, to Nimrod Farrow, contractor for erecting a fort on Dauphin Island, all liens or securities which the United States may hold on property, real or personal, of the said contractor.

Sec. 3. And be it further enacted, That the proper accounting officers of the Treasury Department pay unto Nimrod Farrow, contractor for erecting a fort on Dauphin Island, or to his legal representatives, the sum of seventy-three thousand seven hundred and forty-seven dollars and seventy-eight cents: Provided, That the said Nimrod Farrow, before he shall receive any of the personal property to be delivered as aforesaid, and before he shall be entitled to receive the money above mentioned, he shall enter into a bond to the Secretary of War, with security, to the acceptance of said Secretary, in the penal sum of one hundred and twenty thousand dollars, conditioned that the said Nimrod Farrow shall appropriate the nett proceeds of the personal property, and the money so to be received, towards the payment of the debts contracted by Farrow and Harris, or either of them, or any other person or persons contracting under said Farrow and Harris, for supplies furnished, and services rendered, in and about the erection of said fortification; and that, if there shall be any surplus, after paying the said debts contracted as aforesaid, said Farrow shall pay to the said Harris, or his legal representatives or assignees, his just proportion of said surplus; which bond shall be deposited with the Secretary of War; and it shall be the duty of the said Secretary, upon the application of any of the parties interested therein, and satisfactory proof of the failure of the said Nimrod Farrow to fulfil the condition thereof, to cause the said bond to be prosecuted for the benefit of the party or parties making such application, and of such other person or persons as may have an interest in said bond.

VOL. I.-16

Sec. 4. And be it further enacted, That an inventory be taken of such personal property as shall be returned to the said Farrow, under the provisions of this act, and an estimate of its value be made, under such regulations as the Secretary of War may prescribe, and that there be paid unto the said Farrow such difference as exists between the value of the personal property at the time the same was taken possession of by the Government, and its re turn, together with the value of the personal property destroyed or lost while the same was in the possession of the Government, at the same was lost or destroyed by the act of God.

Sec. 5. And be it further enacted, That the several sums to be paid by the provisions of this act, be paid out of any money in the Treasury, not otherwise appropriated.

AN ACT for the relief of Luther Chapin, of Ohio.

Approved-March 3, 1825.

Be it enacted, &c. That the proper accounting officers of the Treasury Department be, and they are hereby, authorized and directed to pay, out of any money in the Treasury, not otherwise appropriated, to Luther Chapin, the sum of fifty dollars, for services performed by said Chapin during the late war, in cavigating from Cleaveland, in Ohio, to Malden, in Upper Canada, in the year eighteen hundred and twelve, the schooner Miami, employed in transporting a part of the Ohio volunteers across Lake Erie, after their surrender by General Hull.

Approved-March 3, 1825.

AN ACT for the relief of Richard Cain and Isaac Baldwin, of Ohio.

Be it enacted, &c. That the President of the United States be, and he is hereby, authorized to issue a patent to Richard Cain and Isaac Baldwin, for the east half of the southeast quarter of fractional section numbered fifteen, in township number three, of range number three in the Marietta land district, in the state of Ohio, which was purchased of the United States at a sale thereof, made under a circular of the late Commissioner of the General Land Office, issued by mistake, dated January second, one thousand eight hundred and twenty-three.

Approved-March 3, 1825.

In ACT amendatory of the act, entitled "An act to incorporate the Provident Association of Clerks in the Civil Department of the Government of the United States, in the District of Columbia.

:

Be it enacted, etc. That, from and after the first day of April, eighteen hundred and twenty-four, the funds of "The Provident Association of Clerks" shall be appropriated and paid to the families of deceased members, at the following rates, to wit: to the families of such members as may die before the expiration of the fifth year of their membership, twice the amount of the subscription which shall have been paid by such members respectively to the families of members dying after the expiration of the fifth year of their membership, one hundred dollars: and, after the expiration of each succeeding year, until the fifteenth year of their membership shall have ex. pired, the additional sum of fifty dollars shall be paid-so that every member dying after the fifteenth year of his membership, shall have provided for his family, out of the funds of the Association, the sum of six hundred dollars to the families of such members as may die, at any time after the expiration of the sixteenth year of their membership, there shall be paid six hundred dollars, and an interest of twelve per centum per annum, on the sum of one hundred and fifty dollars, computing the said interest from the expiration of the fifteenth year, to the commencement of the year in which such deaths may occur; and a further interest of twelve per cent. per annum, upon all sums, exclusive of fines, which shall have been paid into the funds of the Association by such members, respectively, after the said sixteenth year of their membership to be computed from the periods at which such payments shall have been made, to the commencement of the year in which such deaths may occur: Provided, however, That, if it shall happen that the payments herein directed to be made, shall, in any year, diminish the funds of the Association below the amount thereof at the end of the next preceding year, the President and Board of Officers be, and they are hereby, authorized and directed to reduce the amount of interest, so as to prevent the recurrence of such diminution of the funds: And provided, also, and it is further directed, That it shall be the duty of the said President and Board of Officers, at the end of each successive period of five years, computing from the first of January, one thousand eight hundred and twenty-four, if it shall appear that the increase of the funds of the Association shall have been, during such periods, respectively, at a rate greater than six per centum per annum, at compound interest, to pay to each of the families of such as may have died during the next preceding five years, such additional sum as shall be proportioned to the sums herein before provided: Provided, That such additional sums shall not, in the aggregate, exceed the amount of the funds of the Association, over and above the amount produced by the aforesaid interest of six per centum per annum.

Sec. 2. And be it further enacted, That the President and Board of Officers of the Provident Association of Clerks be, and they are hereby, authorized, whenever they shall judge it expedient and advantageous to the As sociation, either for the purpose of paying the debts of the Association, or for the purpose of reinvesting it in more safe and profitable stock, to sell any of the stock now belonging to, or that may, at any time hereafter, be long to, the said Association.

Sec. 3. And be it further enacted, That the membership of persons belonging to "The Provident Association of Clerks," shall commence from the date of the first quarterly payments, made agreeably to law.

Sec. 4. And be it further enacted, That any member of the Association may designate, in writing, addressed to the President and Board of Officers, the particular person or persons to whom the payment of money, accruing from the Association, shall be made for the benefit of his family; which person or persons, so designated, shall receive the same; and his or their receipt therefor to the Treasurer, shall be a full acquittal to the Association. Sec. 5. And be it further enacted, That so much of the act, of which this is amendatory, as is inconsistent with the provisions of this act, be, and the same is hereby, repealed.

Approved-March 3, 1825.