{"newspaper_name": "The Wilmingtonian, and Delaware advertiser.", "edition": "01", "page": "p4", "byline": ""}
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GPUBLIc-No. &c.


AN ACT to authorize subscription for stock,


on the part of the United States, in the LOUIS


vile and Portland Canal Company.


Be il ena cted by the Senate and Honse OF
Rehresentafires ofthe United States Of IL
n,erica in Congress assembled, That the Sec
retary of the Treasury be, and he is here
by, authorized and directed to subscribe tor,
or purchase in the name, and for the use of.
the United States, not exceeding one thou
sand shares, of the capital stock of the Lou
svile and Portland Canal Company, and to
pay for the same, at such times, and in such
proportions,as as may be required of, and paid
BY, other stockholders of said company, out
OF any money in the Treasury not other
wise appropriated: Provided, SAID shares can
be procured for sum not exceeding one
hundred dollars each.


SEC. ?. Ind Be il further enacted, That
the Secretary of the Treasury shall vote
for the President and Directors of said Com
pany, according to such number of shares,
and shall receive, upon the said stock. the
proportion of the tolls which shall, from time
to time, be due to the United States, for the
shares aforesaid


SEC. 3. ind be il further enacted, That
this act shall not go into effect, until one or
more competent engineer or engineers, IN
the service of the United States shall exam
inc the ground OH which said canal ispropos-
ed to be constructed, and make repsrt in
writing to the Secretary of War, that, in his
opinion the plan upon which the canal sto be
constructed is practicable, and that the sum
hereby authorized to be vested in the subscrip-
tion, orlpurchase of stock, will be sufficient,
together with the sums already paid, or to be
paid. upon the stock subscribed for, and
owned by, individuals, to complete the canal
according to said plan.


SEC. 4. .And be II further enacted, That,
for the purpose Of carrying into effect, the
provisions of this act, the sum of one hum
dred thousand dollars shall be, and the same
is hereby, appropriated, to be paid cut of "a
ny money in the Treasury of the U. States,
not otherwise appropriated.


APPRovgD-May 13, 1926.