NINETEENTH COlNGRESS. Sess. I. Ch. 65,66. 1826.
169
ships authorized by the act for the gradual increase of the navy of theUnited States , to be suspended, and the timber for the same to be laid upand secured. And he is hereby further authorized, if in his opinion, thesame can be done on advantageous terms to the United States , to causeto be purchased for the United States , a ship of not less than the small-est class authorized to be built by the said act, and for carrying such pur-chase into effect, the amount for which the purchase may be made, maybe paid out of the appropriation heretofore made for the gradual increaseof the navy of the United States .
Approved, May 17,1826.
Chap. LXV. — An Act for the subscription of stock in the Dismal Swamp Canal
Company.
Be it enacted by the Senate and House of Representatives of the UnitedStates of America, in Congress assembled, That the Secretary of theTreasury be, and he is hereby, authorized and directed to subscribe, inthe name and for the use of the United States , for six hundred shares ofthe capital stock of the Dismal Swamp Canal, and to pay for the same,at such times, and in such proportions, as may be required by the exist-ing rules.and regulations of the said cdmpany.
Sec. 2. And be it further enacted, by the authority aforesaid, Thatthe Secretary of the Treasury shall vote for the president and directorsof said company, according to said number of shares, and shall receive,upon said stoek, the proportions of tolls and emoluments which shall,from time to time, become due to the United States , on the shares ofstock aforesaid.
Sec. 3. And be it further enacted, That this act shall not go into effectuntil the United States ’ board of engineers shall examine said canal, andmake a report, in writing, to the Secretary of War, that, in their opinion,the plan on which the canal is to be executed, will answer, as far ascircumstances will permit, as a part of the chain of canals contemplatedalong the Atlantic Coast, and that in their opinion, the sum herebyauthorized to be subscribed for will be sufficient to finish the canal ac-cording to said plan : And, it is further provided, That to carry this actinto effect, the sum of one hundred and fifty thousand dollars is herebyappropriated, to be paid out of any money in the treasury not otherwiseappropriated.
Sec. 4. And be it further enacted, That the money subscribed onbehalf of the United States shall be actually expended in the completionof the canal, and not in the payment of any debt or debts now owingby the company; and it shall be the duty of the Secretary of the Trea-sury , before the payment of any part of the money subscribed on behalfof the United States , to adopt such measures as shall insure the applica-tion of the same to the completion of the said canal, according to theplan proposed, and to no other purpose whatsoever.
Approved, May 18, 1826.
Chap. LXVI. —An Act to authorize the sale and conveyance of the housebelonging to the United States at the Hague .
Be it enacted by the Senate and House of Representatives of the UnitedStates of America, in Congress assembled, That the President be, andhe is hereby, authorized to cause to be sold and conveyed, the houseand lot belonging to the United States at the Hague , which was conveyedto the United States , by virtue of a resolution of the continental Con-Vol. IV.— 22 P
the building ofone of theships authorizedby the act forthe gradual in-crease of thenavy to be sus-pended, &c.
Statute I.May IS, 1826.
This act notto go into effectuntil the boardof engineersshall examinesaid canal, andmake a report,in writing, tothe Secretaryof War.
160,000 dol-lars appropria-ted to carry thisact into effect.
The moneysubscribed onbehalf of theUnited States tobe actually ex-pended whollyin the comple-tion of thecanal.
Statute I.
May 18, 1826.[Obsolete,]President tocause to besold and con-veyed, thehouse and lotbelonging to the