Page:United States Statutes at Large Volume 55 Part 1.djvu/802

 55 STAT.] 77TH CONG. , 1 ST SESS.-CHS. 487-489-NOV. 21, 1941 deemed to prohibit the amendment of said Act by said Territory by the legislature thereof from time to time to provide for changes in the improvements authorized by said Act or for the disposition of unexpended moneys appropriated by said Act. Approved, November 21, 1941. [CHAPTER 488] AN ACT To approve Act numbered 112 of the Session Laws of 1941 of the Territory of Hawaii, entitled "An Act to amend Act 101 of the Session Laws of Hawaii, 1921, relating to the manufacture, maintenance, distribution, and supply of electric current for light and power within the districts of North and South Hilo and Puna, in the County of Hawaii, so as to extend the franchise to the districts of Kau and South Kohala in said county, and extend the term thereof as to the town of Hilo". Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That Act numbered 112 of the Session Laws of 1941 of the Territory of Hawaii, entitled "An Act to amend Act 101 of the Session Laws of Hawaii, 1921, relating to the manufacture, maintenance, distribution, and supply of electric current for light and power within the districts of North and South Hilo and Puna, in the County of Hawaii so as to extend the franchise to the districts of Kau and South Kohala in said county, and extend the term thereof as to the town of Hilo", passed by the Legislature of Hawaii and approved by the Governor of the Territory of Hawaii on April 26, 1941, be hereby approved. Approved, November 21, 1941. [CHAPTER 489] AN ACT To authorize the Treasurer of the United States to make settlements with payees of lost or stolen checks, which have been paid on forged indorsements, in advance of reclamation, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there is hereby authorized to be appropriated, out of any money in the Treasulry not otherwise appropriated, the sum of $50,000, to be available until expended, to be used by the Treasurer of the United States, under the direction of the Secretary of the Treasury, for making settle- ment with the payees and special indorsees of certain checks drawn on the Treasurer of the United States, as hereinafter provided. There is hereby further authorized to be appropriated from time to time such additional sums as may be necessary for such purpose. There shall be on deposit with the Treasurer of the United States in a special deposit account a revolving fund, to be known as the check forgery insurance fund (hereinafter referred to as "the fund"), to be composed of the sum of $50,000 and such further sums as may hereafter be appropriated from time to time, together with all recov- eries deposited to the credit of the fund as hereinafter provided. SEC. 2. Whenever it is established (a) that any check heretofore or hereafter drawn on the Treasurer of the United States has been lost or stolen, without the fault of the payee or a holder who is a special indorsee and whose indorsement is necessary to the further negotiation of such check, (b) that such check has thereafter been negotiated and paid by the Treasurer on a forged indorsement of the payee's or special indorsee's name, (c) that the payee or special indorsee has not participated either directly or indirectly in the pro- 777 November 21, 1941 [H. R. 5077] [Public Law 309] Territory of Hawaii. Approval of act ex- tending electric fran- chise. November 21, 1941 [H R. 5079] [Public Law 310] Treasurer of thn 1 nitodl States. Settlenment with p yees of lost or stolon clhcks. AppropriatinI all thorized. Check forgery in- surance fund. Conditions.

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