An Act to reimburse the Post Office Department for the transmission of official Government-mail matter.
PL 83-286 (H.R.6281), enacted 08/15/1953

614 
PUBLIC LAW 286-AUG. 15, 1953 
[67 S T A T . 
triiitff' °" forest 
"^jiy national banking association may make real-estate loans 
secured by first liens upon forest tracts which are properly managed 
in all respects. 
Such loans shall be in the form of an obligation or 
obligations secured by mortgage, trust deed, or other such instrument; 
and any national banking association may purchase any obligation so 
secured when the entire amount of such obligation is sold to the 
association. 
The amount of any such loan shall not exceed 40 per 
centum of the appraised value of the economically marketable timber 
offered as security and the loan shall be made upon such terms and 
conditions as to assure that at no time shall the loan balance exceed 
40 per centum of the original appraised value of the economically 
marketable timber then remaining. 
No such loan shall be made for a 
longer term than two years; except that any such loan may be made 
for a term not longer than ten y^ars if the loan is secured by an 
amortized mortgage, deed of trust, or other such instrument under 
the terms of which the installment payments are sufficient to amortize 
the principal of the loan within a period of not more than ten years 
and at a rate of at least 10 per centum per annum. 
All such loans 
secured by first liens upon forest tracts shall be included in the per-
missible aggregate of all real estate loans prescribed in the preceding 
paragraph, but no national banking association shall make forest-
tract loans in an aggregate sum in excess of 50 per centum of its 
capital stock paid in and unimpaired plus 50 per centum of its 
unimpaired surplus fund." 
Approved August 15, 1953. 
Public Law 286 
CHAPTER 511 
. , c 
in=, 
AN ACT 
August 15, 1953 
[H. R. 6281] 
fjijj reimburse the Post Office Department for the transmission of official Govern-
ment-mail matter. 
Government mall. 
Reimbursement 
for transmission. 
39 u s e 3211. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assernbled^ That section 301 of 
the Penalty Mail Act of 1948 (62 Stat. 1048) is amended by the addi-
tion of a sentence as follows: "Based on such accountings, there shall 
be transferred to the Post Office Department as postal revenue, out 
of any appropriations or funds available to the departments, agencies, 
and establishments concerned, the equivalent amount of postage due 
therefor, as determined pursuant to regulations prescribed by the 
Postmaster General.". 
SEC. 2. The postage on mail matter sent and received through the 
mails under the franking privilege by the Vice President, Members, 
and Members-elect of Congress, the Delegates and Delegates-elect 
from Alaska and Hawaii, the Resident Commissioner from Puerto 
Rico, the Secretary of the Senate, and the Clerk of the House of Rep-
resentatives, including registry fees if registration is required, shall 
be paid by a lump-sum appropriation to be made to the Post Office 
Department for that purpose, and the amount of such lump-sum 
appropriation shall be credited to the Post Office Department as postal 
revenue. 
Approved August 15, 1953, 
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