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Bill to provide for the investment of the Smithson fund

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Summary

States that all money received from Smithson should be invested by the Treasury at an annual interest rate of six percent. Certificates for the stock should be held by the President until the Smithsonian Institution is established by law

Subject

  • Smithson, James 1765-1829
  • United States Congress

Category

Smithsonian Legal Documents

Legal document information

  • H. R. 863
  • Title 20, Education
  • Bill

Contained within

(Documents)

Contact information

Institutional History Division, Smithsonian Institution Archives, 600 Maryland Avenue, S.W., Washington, D.C. 20024-2520, SIHistory@si.edu

Date

07/02/1838

Topic

  • Smithson Bequest
  • Trusts and trustees
  • Stocks
  • Act to establish the "Smithsonian Institution," for the Increase and Diffusion of Knowledge Among Men
  • SI, Early History
  • Interest rates

Form/Genre

Bill

Physical description

Number of pages: 2; Page Numbers: 1-2

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