Ypsilanti sentinel. [volume] (Ypsilanti, Washtenaw Co., Mich.) 1843-1900, 1844-05-16

estate, winch are valid under the laws OF
Texas, shall be held to be 30 by the Uni
ted States aud measures shall be adopt
ed for the speedy adjudication of all unset
tied claims 10 land, and patents shall be
granted to those found to be valid.
ART. Nv. The pubic lands hereby ced-
ed shall be subject to the laws regulating
the public lands in the other Territories
Of the U. States, as far as they may be
applicable subject, however to such al
teraiions and changes as Congress may
from time to time think fit to make. 1t is
understood between the two parties,
tina, if. in consequence Of the mode in
which lands have been surveyed in Tex
US, or from previous grants or locations.
the sixteenth section cannot be applied
for the purpose Of education, Congress
shall make equal provision by grants OF
land elsewhere. And i, is also farther
understood, that. hereafter, the books. pa
pers, and documents Of the general land
Office Of Texas shall be deposited and
kept a, such place in Texas as the Con.
gress Of the U. States shall direct.
ART. Y. The United States assumed
and agree to pay the public deot sud liza
biHties Of Texas, however created, for
which the faith aud credit of her govern
ment may be bound at the time of the ex.
change Of The Publications OF this treaty
which debts and liabilities are estimated
moi 10 exceed in the whole, ten millions Of
dollars, TO be ascertained and paid in the
manner hereinafter stated.
The payment of the sum of $350,000
shall be made at the Treasury Of the u.
States. within ninety days after the ex-
change of the notifications Of this treaty,
| as follows:-.$250,00O to Frederick Da ".
son, Of Baltimore, or his executors, on the
delivery of that amount of ten per cent
bonds Of Texas; 100000. if so much
be required, in the redemption of the ex-
chequer bills which may be IN circulation
| at the time of the exchange of the ratifi-
cations Of this treaty. For The payment
of the remainder of the debts and labill-
ties of Texas, which, together with the
amount already specified, shall not ex-
coed ten millions Of dallars, the public
lands herein coded, and the Ise<i revenue
from rho snmc, are hereby Ple6ged.
ART. vi. In order to ascertain the
full amount of the debts and liabilities here
in assumed, and the legality and validity
thereof four commissioners shall be ap-
pointed by the President of the II. States,
by and with the advice and consent of the
Senate, who shall tneet at Washington,
Texas, within the period of six months
after the exchage Of the Publications OF
this treaty. and may continue in session
not exceeding twelve months, unless the
Congress ofthe U. States should prolong
the time. They shall take an oath foI
the faithful discharge of their duties. and
that they are not directly or Indirectly in.
teresied in said claims at the time, and
will not be during their continuance IN of
fee; and the said oath shall be recorded
with their proceedings.
In case of death or sickness, or resigna.
ton of any of the commissioners, his OF
their place or places may be supplied by
the appointment aforesaid, or by the Pres.
ident of the United States during the re.
cess of the Senate. They, or a majority
of them, shall be authorized under such
regulations as the Congress of U. States
may prescribe, TO hear, examine and de-
eide on al! questions touching the legali-
ty and validity Of said claims, and shall,
when claim is allowed, issue a certifi-
cate to the claimant stating the amount,
distinguishing principal from Interest,"
The certificates SO issued shall be num-
bered, and entry made of the number, the
name of the person 10 whom issued, and
the amount, in a book to be kept for that
purpsse.
They shall transmit the records of
their proceedings and the book 10 which
the certificates are entered, with the
vouchers aud documents produced before
them, relative to the claims allowed or re-
jected, TO the Treasury Department of The
United States, 10 be deposited therein and
the secretary of the treasury shall, as
soon as practicable after the receipt of the
same. ascertain the aggregate amount of
the debts and Liabilities allowed and if
the same, when added to the amount to be
paid TO Frederick Dawson, and the sum
which may be paid in the REDEMPTION of
the exchequer bills, shall not exceed the
estimated sum of 100000. he shall. on
the presentation ola certificate ofthe com.
issue, at the option of the hol-
der, new certificate for the amount, dis
principal from interest, and
payable TO him or order, out of the net
proceeds ofthe public lands hereby ced-
ed, or stock of the U. States. for the
amount allowed, including principal and
interest, and bearing an interest Of three
per cent per annum, from the date there
of; which stock, in addition to being
made payable out of the net proceeds Of
ne public lands hereby ceded, shall also
be receivable and pay able for the same.