67 S T A T. ]
PUBLIC LAW 285-AUG. 15, 1953
613
SEC. 3, The sum transferred to the credit of the Shoshone and ^'^^^' Arapahoe Tribes of Indians as aforesaid and the expenses of carrying out the provisions of this Act shall be nonreimbursable and nonreturnable under the reclamation laws of the United States. The net proceeds derived from the disposal of said lands shall be covered into the general fund of the Treasury or into the reclamation fund as the Secretary of the Interior shall find appropriate in the light of the source from which the funds transferred or expended in carrying out this Act are derived. SEC. 4. Subject to any outstanding rights and interests, all of the to L and s restored tribes. ceded lands of the Wind River Reservation withdrawn pursuant to 32 Stat. 3 8 8 the Act of June 17, 1902, for the development of the Riverton reclama- 5 USC 4 8 5;. 4 3 tion project, Wyoming, not included within the boundaries of the use 39! tract described in section 1 of this Act, are hereby restored to the ownership of said tribes to the same extent as the ownership provided by the Act of July 27, 1939 (53 Stat. 1128), with respect to vacant 25 USC 571-577. lands ceded to the United States under the provisions of the Act of March 3, 1905 (33 Stat. 1016), but not subsequently withdrawn for reclamation purposes: Provided, That the compensation authorized in section 1 hereof shall also be deemed to release the United States from any and all claims for damages whatsoever arising out of withdrawal of lands herein restored to tribal ownership. G o s s receipts SEC. 5. Notwithstanding any other provision of law, the United fromrleases, etc. States shall deposit in the Treasury of the United States to the credit of said tribes, to be available for expenditure for the benefit of said tribes and their members, as provided by the Act of May 19, 1947 (61 Stat. 102), as amended by the Act of August 30, 1951 (65 Stat. 208), 25 USC 611-613. and by the Act of July 17, 1953 (Public Law 132, Eighty-third Con- Ante, p. 179. gress), and as may be hereinafter amended, 90 per centum of the gross receipts of the United States, as they are received from time to time, from all leases, bonuses, royalties, or other proceeds derived under the mining and mineral-leasing laws of the United States from any and all lands in which all rights and interests of the tribes are terminated and extinguished by the terms and conditions of section 1 of this Act and which are embraced within the boundaries of the tract described in said section 1. Notwithstanding any other provision of law the remaining 10 per centum of such gross receipts shall be deposited in the Treasury of the United States to the credit of miscellaneous receipts. Rejection privSEC. 6. Should this Act become law subsequent to June 30, 1954, ilege. there is hereby reserved to the Shoshone and Arapahoe Tribes the privilege of rejecting, within one hundred and twenty days after the date of the Act, the terms and conditions of its sections 1, 4, and 5. If those terms and conditions are rejected, no part of the Act shall become effective. SEC. 7. The Secretary of the Interior is authorized to perform any and all acts to carry out the provisions and purposes of this Act. Approved August 15, 1953. Public Law 285
CHAPTER 510
AN ACT To amend the Federal Reserve Act so as to authorize national banking associations to make loans on forest tracts. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 24 of the Federal Reserve Act, as amended, is amended by inserting after the first paragraph thereof the following new paragraph:
August 15, 1953 [H. R. 5603]
88 Stat. 2 73. 12 USC 371.
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