Page:United States Statutes at Large Volume 62 Part 1.djvu/102

 PUBLIC LAWS-CHS. 107,108-MAR. 11, 1948 Expenses of convey- ance. Deposit in Treas- ury. Taxes. Investments. Interest. under the jurisdiction of the Department of the Army or the Army, the Department of the Navy or the Navy, the Department of the Air Force or the Air Force, or the Treasury Department or the Coast Guard, respectively. The Secretary of the Army, the Secretary of the Navy, the Secretary of the Air Force, or the Secretary of the Treasury, as the case may be, is further authorized to pay all necessary fees, charges, and expenses in connection with the conveyance or transfer of any such gift, devise, or bequest. SEC. 2. Gifts or bequests of money or the proceeds from sales of other property received as gifts or devises pursuant to this Act shall be deposited in the Treasury of the United States under the title "United States Department of the Army General Gift Fund", "United States Department of the Navy General Gift Fund", "United States Department of the Air Force General Gift Fund", or "United States Coast Guard General Gift Fund", as the case may be, and any funds so deposited shall be subject to disbursement by the Secretary of the Army, the Secretary of the Navy, the Secretary of the Air Force, or the Secretary of the Treasury, as the case may be, for the benefit or use of the designated institution or organization, subject to the terms and conditions of any particular gift, devise, or bequest. SEc. 3. For the purpose of Federal income, estate, and gift taxes, any gift, devise, or bequest of property, real or personal, accepted by the Secretary of the Army, the Secretary of the Navy, the Secretary of the Air Force, or the Secretary of the Treasury under authority of this Act shall be deemed to be a gift, devise, or bequest to or for the use of the United States. SEc. 4. The Secretary of the Treasury is authorized, upon request of the Secretary of the Army, the Secretary of the Navy, the Secretary of the Air Force, or, in his own discretion insofar as the Coast Guard general gift fund is concerned, as the case may be, to invest, reinvest, or retain investments of the money or securities composing the United States Department of the Army general gift fund, the United States Department of the Navy general gift fund, the United States Depart- ment of the Air Force general gift fund, or the United States Coast Guard general gift fund, as the case may be, or any part thereof deposited in the Treasury pursuant to section 2 of this Act, in securi- ties of the United States of America or in securities guaranteed as to principal and interest by the United States of America. The interest and profits accruing from such securities shall be deposited to the credit of the United States Department of the Army general gift fund, the United States Department of the Navy general gift fund, the United States Department of the Air Force general gift fund, or the United States Coast Guard general gift fund, as the case may be, and will be available for disbursement as provided in section 2 of this Act. Approved March 11, 1948. [CHAPTER 108] AN ACT March 11, 1948 [s. 1698] To define the exterior boundary of the Uintah and Ouray Indian Reservation in (Public Law 440] the State of Utah, and for other purposes. Uintah and Ouray Reservation, Utah. Exterior boundary. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the exterior boundary of the Uintah and Ouray Reservation in Grand and Uintah Counties, in the State of Utah, for the benefit of the Ute Indian Tribe of the Uintah and Ouray Reservation, is hereby extended to include the following area: Beginning at the northwest corner of section 18, township 9 south, range 20 east, Salt Lake meridian, and running thence west to Green River; 72 [62 STAT.

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