Compiled and edited by Charles J. Kappler. Washington : Government Printing Office, 1913.
|Chap. 147||Oklahoma. Time extended for payments on certain homestead entries in.
34 Stat., 213, 550, ante, p. 184.
35 Stat., 637.
Ante 259, 314.
|Chap. 147||Proviso. Per centum payments.|
|Chap. 147||Town-site lots. Time of payment, extended to purchasers of.
35 Stat., 49, ante, p. 315.
|Chap. 147||Provisos. Interest, etc., on deferred payments.|
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the time within which all unpaid payments which have heretofore, or may hereafter, become due and payable under the act entitled An act to open to settlement five hundred and five thousand acres of land in Kiowa-Comanche and Apache Indian reservations in Oklahoma Territory, approved June fifth, nineteen hundred and six, and the act entitled An act giving preference right to actual settlers on pasture reserve numbered three to purchase land leased to them for agricultural purposes in Comanche County, Oklahoma, approved June twenty-eighth, nineteen hundred and six, and the act entitled An act to extend the time of payments on certain homestead entries in Oklahoma, approved March eleventh, nineteen hundred and eight, be, and the same is hereby, postponed and extended for one year from the date on which such payments are now by law required to be made: Provided, That as a condition precedent to said extension in each case the settler shall pay to the Secretary of the Interior, to be held in trust by him for the benefit of the Indians entitled thereto, four per centum on the amount of such deferred payments where the settler had no preference right, and five per centum on the amount of the deferred payment where such settler was given a preference right, but the payment of said five per centum shall be made in lieu of the interest payment required by said act of June twenty-eighth, nineteen hundred and six.
That the Secretary of the Interior is hereby authorized, in his discretion, to extend the time of payments to the purchasers and their assigns applying therefor upon the lots sold, or to be sold, in pursuance of an act entitled An act providing for the platting and selling of the south half of section thirty, township two north, range eleven west of the Indian meridian, in the State of Oklahoma, for town-site purposes, approved March twenty-seventh, nineteen hundred and eight, and the Secretary of the Interior is authorized to permit the unpaid purchase money for such lots to be paid in such installments and at such times as he may deem proper: Provided, however, That said purchasers or their assigns shall be required to pay interest on all such deferred payments sufficient to pay the Kiowa, Comanche, and Apache Indians four per centum interest on the payments so deferred, and to pay local authorities entitled to receive the same the equivalent of the State, county, city, and school tax at the legal rate, upon such valuation as the Secretary of the Interior may determine, and to which the lots would be liable if patented, such extension of time not to exceed four years from the date of the approval of this act: Provided further, That not exceeding one-half of the amount which may be set aside by the Secretary of the Interior, under the act above referred to, for the construction of two school buildings may be applied by the Secretary of the Interior to such other improvements as he may deem for the public welfare.
Approved, February 18, 1909.