Page:United States Statutes at Large Volume 18 Part 1.djvu/1156

 1084 Trrm-1 Lxxm.—THE SMITHSONIAN INSTITUTION. centum interest on the trust·fund and residuary legacy receivcxl into the United States Treasury, payable in half-yearly payments, on the first of January and July in each year, is hereby appropriated for the perpetual maintenance and support of the Smithsonian Institution; and all expenditures and appropriations to be made, from time to time, to the purposes of the institution shall be exclusively from the accruing interest, and not from the principal of the fund. All the moneys and stocks which have been, or may hereafter be, received into the Treasury of the United States, on account of the fund bequeathed by James Smithson, are hereby pledged to refund to the Treasury of the United States the sums hereby appropriated. Acceptance of Sec. 5591. The Secretary of the Treasury is authorized and directed 5Feb.,1861,c.:s4, of James Smithson. such sums as the regents may, from time to time, see S- LV- 14, P- 391- fit to deposit, not exceeding, with the original bequest, the sum of one million dolla s. Disposal of im- Sec. 5592. The regents are authorized to make such disposal of any ”‘PP’°P"““"l“‘°“` other moneys which have accrued, or shall hereafter accrue, as interest i°X..-—-e upon the Smithsonian fund, not herein appropria.ted, or not required for 17},0 A;S—b184*;b§- the purposes herein provided, as they shall deem best suited for the pro- ’S‘ ’v' ’p`motion of the urpose of the testator. Disbursements. Sec. 5593. ighenever money is re uired for the payment of the debts §5];;g;`j)§; or performance of the contracts of fhe institution, incurred or entered ’ into in conformity with the provisions of this Title, or for making the purchases and executing the objects authorized by this Title, the Board of Regents. or the executive committee thereof, may certify to the chancellor and Secretary of the board that such sum of money is required, whereupon they shall examine the same, and, if the shall approve thereof, shall certify the same to the proper officer of the Treasury for payment. The board shall submit to Congress, at each session thereof, a report of the operations, expenditures, and condition of the institution. Right oirepeai.  5594. Congress may alter, amend, add to, or repeal any of the mit], Hm provisions of this Title; but no contract or individual right made or "’l‘ acquired under such provisions shall be thereby divested or impaired.
 * fl§F§mS· to receive into the Treasury, on the same terms as the original bequest