Page:United States Statutes at Large Volume 52.djvu/160

 119 ., 2 STAT.] 75TH CONG., 3D SESS.-CIIS. 51, 52-MAR. 26, 1938 of the United States for Puerto Rico. the President of the United States is authorized to designate one of the judges of the Supreme Court of Puerto Rico to discharge the duties of judge of said court until such absence or disability shall be removed, and thereupon such judge so designated for said service shall be fully authorized and empowered to perform the duties of said office during such absence or disability of such regular judge, and to sign all necessary papers and records as the acting judge of said court without extra com- pensation." Approved, March 26, 1938. [CHAPTER 52] AN ACT Authorizing the Superintendent of the United States Naval Academy, Annapolis, Maryland, to accept gifts and bequests of money for the purpose of erecting a building on land now owned by the United States Government at the Naval Academy, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Superin- tendent of the United States Naval Academy is hereby authorized to accept gifts and bequests of money from the United States Naval Institute, the Navy Athletic Association, and others, and to use such money to construct a building for use as a United States Naval Acad- emy Museum on land now owned by the United States at the United States Naval Academy, which construction is hereby authorized but shall involve no cost to the Government of the United States. The selection of the site and the design and general structure of the build- ing shall be subject to the approval of the Secretary of the Navy. SEC. 2. The Secretary of the Navy is hereby authorized to accept, on behalf of the United States, the building authorized to be con- structed by this Act and to use and maintain such building as a United States Naval Academy Museum and for the administrative offices of the United States Naval Institute and the Navy Athletic Association. SEC. 3. The Secretary of the Navy is hereby authorized to accept receive, hold, administer, and expend gifts and bequests of personal property, and loans of personal property other than money, from individuals or others for the benefit of the aforesaid United States Naval Academy Museum, its collection, or its services. Gifts or bequests of monev shall be deposited in the Treasury of the United States as trust funds under the title "United States Naval Academy Museum Fund", which funds will be subject to disbursement by the Secretary of the Navy for the purposes herein specified. SEC. 4. Gifts or bequests for the benefit of the United States Naval Academy Museum, Annapolis, Maryland, its collection, or its services, shall be exempt from all Federal taxes. SEC. 5. The Secretary of the Treasury is authorized, upon request of the Secretary of the Navy, to invest, reinvest, or retain investments of the money or securities composing the United States Naval Acad- emy Museum fund, or any part thereof, deposited in the Treasury pursuant to section 3 of this Act, in securities of the United States Government or in securities guaranteed as to principal and interest by the United States Government. The interest and profits accruing from such securities may be deposited to the credit of the United States Naval Academy Museum, and will be available to disburse- ments as provided in section 3 of this Act. Approved, March 26, 1938. March 26, 1938 [S. 2963] [Public, No. 450] United States Naval Academy. Superintendent au- thorized to accept gifts, etc., for erection of Museum building. No cost to Govern- ment for construction. Acceptance of build- ing; use, etc. Gifts, loans, etc., of personal property. Deposit of funds received; disburse- ments. Tax exemption. Investments in se- curities.

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