Page:United States Statutes at Large Volume 10.djvu/638

618 THIRTY~THIRD CONGRESS. Sess. II. Ch. 129. 1855 the relinquishment by the said State of all territory claimed by her exterior to said boundaries, and of all her claims upon the United States, and to establish a territorial government for New Mexieo," passed Sep- V tember ninth, eighteen hundred and fifty, the issuing of which stock was restricted by the first proviso, to the fifth proposition contained in the first section of said act, the Secretary of the Treasury be, and he is hereby, authorized and directed to pay to the creditors of the late Republic of Texas, who hold such bonds, or other evidences of debt for which the revenues of that republic were pledged, as were reported to be within the provisions of the said act of September the ninth, eighteen hundred and fifty, by the report of the late Secretary of the Treasury, to the President of the United States, and approved by him on the thirteenth day of September, eighteen hundred and fifty-one, or which come within the provisions of said act, according to the opinion upon the Texas compact of the present Attorney-General of the United States, addressed to the Secretary of the Treasury, under date of September twenty-sixth, eighteen hundred and fifty-three, the sum of seven millions seven hundred and fifty thousand' dollars, to be apportioned among the Proviso. said holders pro rata: Provided, That the interest on the debt, embraced in this act, shall be determined by the existing laws of the State of Texas. Sec. 2. And be it further enacted, That in all cases where the State ?¤ym¤¤tl>y of Texas may have paid any portion of the debt described in this act, EQ;’§’§0,,Qf gdbé the said secretary shall refund to the proper officer of said State the refunded` pro amount actually so paid by the State, upon the presentation at the '*‘*“· Treasury Department of the evidences of said debt, on which the said State may have made such payment: Provided, The said sum shall not exceed the proportion which would have been allowed to the creditor or creditors, if such payment on said evidences of debt had not been made by the State of Texas; and where the said sum that may be refunded to the State of Texas by the provisions of this section is less than the proportion which would have been allowed under this act to the holders 0f such evidences of debt, had such payment not been made them, such holders shall be entitled to receive the diderence between said sum and the proportion they would have received under this act if no payment had been made them; and whore any original certificates or other evidences of debt have been surrendered to the authority of the State of Texas, and new certificates issued therefor by said State of Texas, such new certificates shall be received as evidences of the original amount of the claim. Sec. 3. And be it further enacted, That no payment shall be made Release to be under this act, to any holder of said securities, or evidences of debt, unless °°*°°“*°d· the said holder shall first execute to the United States a receipt for the said payment, in which said holder shall forever release all claim against the United States for or on account of the said securities, or evidences of debt; also similar releases to said State of Texas ; and the said certiiicates, or other evidences of debt, shall then be deposited with the Treasury Department. Sec. 4. And be it further enacted', That before payment of the moneys Public notice aforesaid, the Secretary of the Treasury shall give notice, by public m b° g"°°' advertisement, for the space of ninety days, of the time at which said payment will be made; and no payment shall be made on any bond, certificate, or evidence of debt, which shall not, thirty days before the time limited by said notice, be presented at the Treasury Department. Sec. 5. And be it further enacted, That the sum of seven millions Prgggggpo “p‘ seven hundred and fifty thousand dollars be, and the same is hereby, appropriated out of any moneys in the treasury not otherwise appropriated, for the purpose of carrying into effect the provisions of this act. Sec. 6. And ba it further enacted, That this act shall not take effect