# United States Statutes at Large/Volume 2/8th Congress/1st Session/Chapter 48

Chap. XLVIII.—An Act in relation to the Navy Pension Fund.
Act of March 2, 1799, ch. 24, sec. 9, 10. Act of April 23, 1800, ch. 33, sec. 9, 10. Act of April 16, 1816, ch. 58. Act of March 3, 1817, ch. 60. Act of March 3, 1819, ch. 79. Money arising from captures, not already paid over, to be paid to the treasurer. How the money is to be disbursed by the treasurer.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That all the money accruing or which has already accrued to the United States, from the capture of prizes authorized by law, and which has not already been paid to the Secretary of the Navy, the Secretary of the Treasury, and the Secretary of War, as commissioners of the navy pension fund, shall be paid to the treasurer of the United States.
Sec. 2. And be it further enacted, That it shall be the duty of the treasurer of the United States, to receive all the money so accruing, and to disburse the same pursuant to warrants from the Secretary of the Navy, countersigned by the accountant of the navy; and a distinct quarterly account of the monies thus received and disbursed shall be rendered by the said treasurer to the accounting officers of the treasury, in the same manner as is provided for other public monies received by him.
A distinct quarterly account of it to be rendered. Accountant to the navy to receive and settle all navy pension accounts, and report the same. Comptroller authorized to institute suits for prize money.Sec. 3. And be it further enacted, That it shall be the duty of the accountant of the navy to receive and settle all accounts whatever, in relation to the navy pension fund, and report from time to time, all such settlements, as shall have been made by him, for the inspection and revision of the accounting officers of the treasury, in the same manner as in other cases of public accounts.
Sec. 4. And be it further enacted, That the comptroller of the treasury shall be fully authorized and empowered to direct suits for the recovery of any sums now due, or which may hereafter be due to the United States, for prizes as aforesaid, and to prosecute the same in the name of the United States, in the same manner as in other cases for the recovery of monies due to the United States.
Commissioners of the navy pension fund may appoint a secretary. His duties and emoluments.Sec. 5. And be it further enacted, That the commissioners of the navy pension fund be, and they are hereby authorized to appoint a secretary, who shall perform all such duties in relation to the fund, as they shall require of him; and shall receive for his services, a salary not exceeding two hundred and fifty dollars per annum, to be paid quarter yearly at the treasury of the United States, and charged to the same fund.
​Commissioners to make rules and regulations for the admission of pensioners.Sec. 6. And be it further enacted, That the commissioners of the navy pension fund be, and they are hereby authorized and directed to make such regulations, as may to them appear expedient, for the admission of persons on the roll of navy pensioners, and for the payment of the pensions.
Approved, March 26, 1804.