An Act to amend section 2 of the act entitled ""An Act to create a Library of Congress Trust Fund Board, and for other purposes:"" approved March 3, 1925, as amended (2 U.S.C. 1b8), relating to deposits with the Treasurer of the United States of gifts and bequests to the Library of Congress and to raise the statutory limitation provided for in that section
PL 87-522 (S.3266), enacted 07/03/1962

7 use 1831. 
76 STAT. ] 
PUBLIC LAW 87-523-JULY 5, 1962 
135 
Public Law 87-521 
AN ACT 
July 3. 1962 
To amend the Soil Bank Act so as to authorize the Secretary of Agriculture to 
[s. 3062] 
permit the harvesting of hay on conservation reserve aei-eage under certain 
conditions. 
Be it enacted by the /Semite and House of Representatives 
of the 
United States of America in Congress assembled^ That section 107(a) 
soii Bank Act, 
(3) of the Soil Bank Act is amended by changing the period at the ^"*o"sua"V9i • 
end thereof to a comma and adding the following: "and except that 75 sut^ 129. 
the Secretary may, with the approval of the contract signers, permit 
" """ 
hay to be removed from such acreage if the Secretary, after certifica-
tion by the Governor of the State in which such acreage is situated of 
the need for removal of hay from such acreage, determines that it is 
necessary to permit removal of hav f-om such acreage in order to 
alleviate damage, hardship, or suffering caused by severe drought, 
flood, or other natural disaster." 
Approved July 3, 1962. 
Public Law 87-522 
AN ACT 
July 3. 1962 
To amend section 2 of the Act entitled "An Act to create a Library of Congress 
[s. 3266]— 
Trust Fund Board, and for other purposes", approved March 3, 1925, as 
amended (2 U.S.C. 158), relating to deposits with the Treasurer of the United 
States of gifts and bequests to the Library of Congress and to raise the statu-
tory limitation provided for in that section. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 2 of 
the Act entitled "An Act to create a Library of Congress Trust Fund 
Board, and for other purposes", approved March 3, 1925, as amended 
(2 U.S.C. 158), is further amended by striking out "$5,000,000" at 
43 stat. 1107; 
the end of the section and inserting in lieu thereof "$10,000,000". 
^^ ^*^*- ^^os. 
Approved July 3, 1962. 
Public Law 87-523 
AN ACT 
July 5, 1962 
To incorporate the Metropolitan Police Relief Association of the District of 
[S. 3063] 
Columbia. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That Clarence H. 
Metropolitan po 
Lutz, Francis Conley, Garland B. Waters, William G. Schenck, Law- ^^^^ J/Jie^mstrTci 
rence D. Johnson, Anthony A. Cuozzo, Lester W. Hebbard, and Royce o
f Columbia. 
L. Givens are hereby created and declared to be a body corporate by 
incorporation, 
the name of "Metropolitan Police Relief Association of the District of 
Columbia" (hereinafter in this Act referred to as the "corporation"), 
and by such name shall be known and have perpetual succession and 
the powers and limitations contained in this Act. 
136 
PUBLIC LAW 87-523-JULY 5, 1962 
[76 STAT. 
COMPLETION OF ORGANIZATION 
SEC. 2. The persons named in the first section of this Act are au-
thorized to complete the organization of the corporation by the selec-
tion of officers and employees, the adoption of a constitution and 
bylaws not inconsistent with this Act, and the doing of such other 
acts as may be necessary for such purpose. 
OBJECT AND PURPOSE OF CORPORATION 
SEC. 3. The corporation shall not be conducted for profit but shall 
have as its object and purpose, upon the payment of specified amounts, 
the payment of death benefits with respect to (1) persons who are 
or have been officers or members of the Metropolitan Police force of 
the District of Columbia, (2) wives of persons who are or have been 
officers or members of the Metropolitan Police force of the District 
of Columbia, and (3) persons who are or have been employees of the 
District of Columbia assigned to the Metropolitan Police Department. 
CORPORATE POWERS 
SEC. 4. The corporation shall have power— 
(1) to enter into contracts with those persons described in 
section 3 of this Act to pay death benefits not to exceed $1,500 with 
respect to such persons; 
(2) to issue certificates of membership as evidence of the con-
tracts referred to in paragraph (1); 
(3) to collect specified amounts with respect to contracts for 
the payment of death benefits; 
(4) to sue and be sued in any court of competent jurisdiction; 
(5) to choose such officers, directors, managers, agents, and 
employees as the business of the corporation may require; 
(6) to adopt, amend, and alter a constitution and bylaws, not 
inconsistent with the provisions of this Act, the laws of the United 
States, and the laws in force in the District of Columbia for the 
management of its property and regulation of its affairs; 
(7) to contract and be contracted with; 
(8) to take and hold by lease, gift, purchase, grant, devise, or 
bec[uest any property, real or personal, necessary for attaining the 
object and carrying into effect the purpose of the corporation 
subject to applicable provisions of law in force in the District of 
Columbia; 
(9) to transfer, encumber, and convey real or personal 
property; 
(10) to adopt, alter, and use a corporate seal; 
(11) to borrow money for the purposes of the corporation, is-
sue bonds therefor, and secure such bonds, subject to the laws of 
the United States, and the laws in force in the District of 
Columbia; 
(12) to invest the funds of the corporation only in such securi-
ties as the United States District Court for the District of 
Columbia may approve, from time to time, for the investment of 
funds by fiduciaries operating under its jurisdiction; and 
(13) to do any and all acts and things necessary and proper 
to carry out the object and purpose of the corporation. 
76 STAT. ] 
PUBLIC LAW 87-523-JULY 5, 1962 
137 
MEMBERSHIP; VOTING RIGHTS 
SEC. 5. (a) Eligibility for membership in the corporation and the 
rights and privileges of members of the corporation shall, except as 
provided in this Act, be determined by the constitution and bylaws 
of the corporation. 
(b) Only members of the corporation shall have the right to vote 
on matters submitted to a vote at meetings of members of the corpora-
tion. 
Each member of the corporation shall have only one vote with 
respect to matters submitted to a vote at meetings of members of the 
corporation. 
BOARD o r DIRECTORS; COMPOSITION, RESPONSIBILITIES 
SEG. 6. (a) Upon enactment of this Act, the membership of the 
board of directors of the corporation shall consist of those persons 
named in the first section of this Act. 
Such persons shall remain on 
the board of directors of the corporation for a period of one year 
from the date of enactment of this Act. 
(b) After one year from the date of enactment of this Act, the 
board of directors of the corporation shall be composed of (1) one 
officer or member from each precinct, bureau, and division of the 
Metropolitan Police force of the District of Columbia (who is a 
certificate holder of the corporation) elected by a majority vote of 
the certificate holders of the corporation who are assigned to the 
precinct, bureau, or division from which such officer or member is 
elected; (2) one member of the White House Police force (who is a 
certificate holder of the corporation) elected by a majority vote of the 
certificate holders of the corporation who are members of the White 
House Police force; and (3) one member of the Eetired Men's Asso-
ciation of the Metropolitan Police Department (who is a certificate 
holder of the corporation) elected by a majority vote of the certificate 
holders of the corporation who are members of such association. 
(c) The board of directors shall be the governing board of the 
corporation and shall be responsible for the general policies and 
program of the corporation. 
The board of directors may appoint 
from among its membership such committees as it may deem advisable 
to carry out the affairs of the corporation, including an executive 
committee and an investment committee. 
(d) The board of directors shall make and adopt such bylaws for 
the conduct of the corporation as it may deem necessary and proper 
which are consistent with the terms of this Act. 
OFFICERS OF THE CORPORATION 
S E C 7. (a) The officers of the corporation shall be a chairman of 
the board of directors who shall also be the president of the corpora-
tion, a vice president, a secretary-treasurer, and an assistant secretary-
treasurer. 
The duties of the officers of the corporation shall be as 
prescribed in the constitution and bylaws of the corporation. 
(b) Before entering upon his duties as secretary-treasurer or as 
assistant secretary-treasurer, each such officer shall be required to give 
a good and sufficient surety bond to the corporation in the amount of 
$10,000, conditioned upon the faithful performance of his duties. 
For 
the purposes of this section the term "faithful performance of his 
duties" shall include the proper accounting for all funds and property 
received by reason of the position or employment of the individual 
so bonded and all duties and responsibilities imposed upon such indi-
vidual by this Act and by the constitution and bylaws of the 
corporation. 
im 
PUBLIC LAW 87-523-JULY 5, 1962 
[76 STAT. 
(c) The board of directors sliall elect the officers of the corporation 
in such manner as may be prescribed by the constitution and bylaws 
of the corporation. 
USE OF INCOME; LOANS TO OFFICERS, DIRECTORS, OR EMPLOYEES 
Sj3C. 8. (a) No part of the income or assets of the corporation shall 
inure to any member, officer, or director, except as payment of death 
benefits or as remuneration for services which remuneration for serv-
ices must be approved by the board of directors of the corporation. 
(b) The corporation shall not make loans to its officers, directors, 
or employees. Any director who votes for or assents to the making 
of a loan to an officer, director, or employee of the corporation, and any 
officer who participates in the making of such loan, shall be jointly 
and severally liable to the corporation for the amount of such loan 
until the repayment thereof. 
(c) No director or officer of the corporation shall receive any money 
or valuable thing for negotiating, procuring, recommending, or aiding 
in any purchase by or sale to the corporation of any property, or any 
loan from the corporation, nor be pecuniarily interested, either as 
principal, coprincipal, agent, or beneficiary, in any such purchase, sale, 
or loan, nor shall the financial obligation of any such director or 
officer be guaranteed by the corporation in any capacity: Provided^ 
That nothing herein contained shall prevent any such director or offi-
cer from receiving a fee for serving on any committee that passes on 
the investments of the corporation. 
NONPOLITICAL NATURE OF CORPORATION 
SEC. 9. The corporation, and its officers, directors, and duly ap-
pointed agents, as such, shall not contribute to or otherwise support 
or assist any political party or candidate for elective public office. 
LIABILITY FOR ACTS OF OFFICERS AND AGENTS 
SEC. 10. The corporation shall be liable for the acts of its officers and 
agents when acting within the scope of their authority. 
CHARITABLE CORPORATION, NOT SUBJECT TO INSURANCE LAWS OF THE 
DISTRICT OF COLUMBIA 
SEC. 11. The corporation created by this Act is declared to be a 
benevolent and charitable corporation, and all of the funds and prop-
erty of such corporation shall be exempt from taxation, other than 
taxation on the real property of the corporation. 
Such corporation 
shall not be subject to the laws regulating the business of insurance 
in the District of Columbia. 
BOOKS AND RECORDS; INSPECTION 
SEC. 12. The corporation shall keej) correct and complete books 
and records of account and shall keep minutes of the proceedings of its 
members, board of directors, and committees having any of the author-
ity of the board of directors; and it shall also keep a record of the 
names of its members. All books and records of the corporation may 
be inspected by any member, or his agent or attorney, for any proper 
purpose, at any reasonable time. 
76 STAT. ] 
PUBLIC LAW 87-523-JULY 5, 1962 
139 
FILING W I T H T H E BOARD OF COMMISSIONERS OF T H E DISTRICT OF COLUMBIA 
SEC. 13. (a) The corporation shall file, with the Board of Com-
missioners of the District of Columbia or an agent designated by the 
Board, a copy of its bylaws and copies of the forms of contracts to 
be offered to eligible persons. 
(b) The accounts of the corporation shall be audited annually in 
accordance with generally accepted auditing standards by independent 
certified public accountants or independent licensed public account-
ants, certified or licensed by a regulatory authority of a State or other 
political subdivision of the United States. The audit shall be con-
ducted at the place or places where the accounts of the corporation are 
normally kept. All books, accounts, financial records, reports, files, 
and all other papers, things, or property belonging to or in use by the 
corporation and necessary to facilitate the audit shall be made avail-
able to the person or persons conducting the audit; and the full facil-
ities for verifying transactions with the balances or securities held by 
depositors, fiscal agents, and custodians shall be afforded to such per-
son or persons. 
(c) A report of such audits shall be made by the corporation to the 
Board of Commissioners of the District of Columbia or an agent 
designated by the Board not later than six months following the close 
of such fiscal year for which the audit is made. 
The report shall set 
forth the scope of the audit and shall include verification by the per-
son or persons conducting the audit of statements of (1) assets and 
liabilitiies, (2) capital and surplus or deficit, (3) surplus or deficit 
analysis, (4) income and expenses, and (5) sources and application of 
funds. 
Such report shall also include a statement of the operations of 
the corporation for such fiscal year. 
(d) If the Board of Commissioners of the District of Columbia or 
an agent designated by the Board for such purpose shall have reason 
to believe that the corporation is not complymg with the provisions of 
this Act, or is being operated for profit, or is being fraudulently con-
ducted, they shall cause to be instituted the necessary proceedings to 
require compliance with this Act, or to enjoin such improper conduct, 
TRANSFER OF CONTRACTS, OBLIGATIONS, AND ASSETS 
SEC. 14. The corporation is authorized and empowered to take over, 
assume, and carry out all contracts, obligations, and assets of the cor-
poration heretofore organized and now doing business in the District 
of Columbia under the name of the Metropolitan Police Relief As-
sociation of the District of Columbia, upon discharging or satis-
factorily providing for the payment and discharge of all liability of 
such corporation and upon complying with all laws in force in the 
District of Columbia applicable thereto. 
AGENT I N DISTRICT OF COLUMBIA 
SEC. 15. The corporation shall maintain at all times in the District 
of Columbia a designated a^ent authorized to accept service of process 
for the corporation, and notice to or service upon such agent, or mailed 
to the business address of such agent, shall be deemed notice to or serv-
ice upon the corporation. 
RESERVATION 
OF RIGHT TO ALTER, AMEND, OR REPEAL 
CHARTER 
SEC. 16. The right to alter, amend, or repeal this Act is herel)y 
expressly reserved. 
Approved July 5, 1962.