The Yazoo City Whig and political register. (Yazoo City, Miss.) 1842-1844, 1844-05-17


the Treasury 81 the United States, within /
ainety days after the exchange Of ralifca-
tons q Ills treaty, as follows: Two hun /
dred and fifty thousand dollars to Frederick |
Dawson, Of Baltimore, or his executors, on |
the delivery OF that amount of the ten per
cent bonds Of Texas; one hundred Thousand |
deliars, Il 50 much bereqnired in the redemp-
tion OF the exchequer bills which may be in |
circulation 81 the time Of the exchange Of
the Publications Of this treaty. For the pay
ment OF the remainder of the debts and LA
bilites OF Texas, which, together with the
amount already specified, shall not exceed
ten millions of dollars, the public lands here
in ceded, and the nett revenue from the
same, are hereby pledged.
ART. vi. In order 70 ascertain the full
amount OF the debts and liabilities herein as
sumed, and the legality and validity thereof,
tour commissioners shall be appointed by the
President of the United States, by and with
| the advice and consent Of the Senate, who
shall meet at Washington, Texas, within
the period Of six months after the exchange
/ OF the Talihcations of this treaty and may
Econtinue in session not exceeding twelve
months unless the Congress of the United
States should proleng the time. They shall
take an cath for the faithful discharge of
their duties, and that they are not directly
or indirectly interested in said claims at the
time, and will not be during their continu-
ance ia Office, and the said oath shall be re-
corded with their proceedings. In case of
the death, sickness, or resignation Of any of
the commissioners, his or their place or pla-
ces may be supplied By the appointment as
aforesaid, or by the President of The United
States, during the recess Of the Senate
They, or a majority Of them, shall be author
lied, under such regulations as the Congress
OF the United States may prescribe, to hear,
examine, and d7cide on all questions touch
ing the legality and validity of said claims,
and shall, when claim is allowed, issue
certificate to the claimant, stating the amount,
distinguishing the principal fromthe interest.
The certificates SO issued shall be numbered,
the name of the person 10 whom issued,
and the amount, in book to be kept fer that
purpose. They shall transmit the records Of
their proceedings and the book in which the
certificates are entered, with the vouchers
and documents produced before them, Tela-
tive 10 the claims allowed or rejected, TO the
| Treasury Department Of the United States
to be deposited therein; and the Secretary Of
Treasury ehall, as soon as practicable after
the receipt Of the same, ascertain the aggre-
gate amount Of the debts and liabilities allow
ed; and if the same, when added TO the a.
mount to be paid to Frederick Dawson and
the sum which may be paid in The redemp-
ton of the exchequer bills, shall not exceed
the estimated sum Of ten millions of dollars,
he, shall, on the presentation of a certificate
of the commissioners, issue, a: the option of
the holder, a new certificate for the amount,
distinguishing principal from interest, and
payable TO him or order, cut Of the nett pro
ceeds of the public lands hereby ceded or
stock of the United States, for the amount allow
ed, including principal and interest, and bearing
an interest of three per cent. per annum from the
idate thereof and which stock, in addition to be-.
ing made payable out Of the nett proceeds OF the
public lands hereby ceded, shall also be receiva-
5le IN payment OF the same. In case the amount
OF debts and liabilities allowed, with the sums
aforesaid to be paid to Frederick Dawson, and
which may be paid in the redemption of the ex.
chequer bills, shall exceed the sum Of millions
Of dollars, and said Secretary, before issuing a
new certificate, or stock, as the case may be, shall
make in each case such proportionable and rate
able reduction on its amount as 10 reduce the ag-
gfegate to the said sum OF ten millions of dollars,
and he shall have power to make ell needful rules
and regulations necessary to carry into effect the
powers hereby vested in him.
ART. VII. Until further provisions shall be
made, the laws of Texas, as now existing, shall
remain in force, and all executive and judicial
officers OF Texas, except tho President, Vice Pre-
sdcnt, and heads of departments, shall retain
their offices. with all power and authority apper-
tanning thereto, and the courts of justice, shall
remain IN all respects as now established ana or
ganized.
ART. VIII. Immediately after the exchange Of
the notifications of this treaty, the President Of the
United States, by and with the advice and consent
Of the Senate, shall appoint commissioner, who
shall proceed to Texas and receive the transfer oil
the territory thereof, and all the archives and pub
lie property, and other things herein conveyed in
The name Of the United States.-He shall exercise
all executive authority in said territory necessary
to the proper execution Of the laws, until other
wise provided
Arr. TX. The present treaty shall be ratified
by the contracting parties, and tho Publications
Exchanged at the city Of Washington. in months
from the date thereof, or sooner if possible
In witness whereof, we, the undersigned, plen-
ipotentiaries of the United States OF America,
and of the Republic of Texas, have signed BY
virtue of powers, the present treaty Of annex
alton, and have herounto affixed our seals respec-
lively.
Done at Washington, the twentieth day OF
April, eighteen hundred and forty-four.
]. @. CALHOUN, ISealJ
/ ISAAC VAN ZANDT. fSeali
]. PINCKNEY HENDERSON. fSeal.i