Page:United States Statutes at Large Volume 73.djvu/485

 73

STAT.]

447

PUBLIC LAW 86-217-SEPT. 1, 1959

set forth in the constitution and bylaws of the said association as of January 1, 1957, and such purposes shall be deemed to include the housing and care of such firefighting equipment belonging to the District of Columbia or to said association as was being housed and cared for by said association as of January 1, 1956. No conveyance pursuant to this Act shall be effective until such time as there shall be filed with the Recorder of Deeds of the District of Columbia a certified copy of said constitution and bylaws, and an itemization of said firefighting equipment approved by the said Board of Commissioners: Provided, That the said Board of Commissioners may, without effecting a reverter, withdraw from the custody of said association such of the firefighting equipment as is the property of the District of Columbia. SEC. 2. The property referred to in the first section of this Act is part of lot 47 in square 1200 described as follows: Beginning for the same at a point on the south line of M Street, said point of beginning bein^ 127.50 feet west of the west line of Wisconsin Avenue; and running thence east along the south line of M Street 38.38 feet to the centerline of the west wall of the premises 3208 M Street northwest; thence in a southerly direction along the centerline of said wall and a continuation thereof 90.0 feet; thence in a westerly direction along a line parallel to the south line of M Street 38.88 feet, more or less, to a point 127.50 feet west of the west line of Wisconsin Avenue; thence in a northerly direction 90.0 feet to the point of beginning: all as shown on plat of survey recorded in the Office of the Surveyor of the District of Columbia in survey book 51, page 66. SEC. 3. The conveyance authorized by this Act shall be conditional upon the Association of the Oldest Inhabitants of the District of Columbia paying to the Commissioners of the District of Columbia as consideration for the property conveyed an amount equal to 50 per centum of its fair market value as determined by the Commissioners after appraisal of such property. Approved September 1, 1959.

Description.

F a i r value.

market

Public Law 86-217 AN ACT To amend section 7 of "An Act making appropriations to provide for the expenses of the government of the District of Columbia for the fiscal year ending June thirtieth, nineteen hundred and three, and for other purposes", approved •July 1, 1902, as amended, so as to provide for the bonding of persons licensed to engage in a business, trade, profession, or calling involving the collection of money for others.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That paragraph numbered 46 of section 7 of the Act entitled "An Act making appropriations to provide for the expenses of the government of the District of Columbia for the fiscal year ending June thirtieth, nineteen hundred and three, and for other purposes", approved July 1, 1902, as amended (sec. 47-2345, D.C. Code, 1951 edition), is amended by adding thereto the following subparagraph: "(c) The Commissioners may in their discretion require that any class or subclass of licensees licensed under the authority of this section to engage in a business, trade, profession or calling involving an express or implied agreement to collect money for others shall give bond to safeguard against financial loss those persons with whom such class or subclass of licensees may so agree.

September 1, 1959 [H. R. 2;il7]

C o l l e c t i o n a g e n c i e s, D, C, Licensing,

47 Stat. 53. Bond ments.

require-

�