Compiled and edited by Charles J. Kappler. Washington : Government Printing Office, 1941.
|Chap. 125|| Blackfeet Irrigation Project, Montana. Time extended for paying assessments for construction, maintenance charges, etc.
38 Stat., 583, amended; vol. 4, 9.
|Chap. 125||Suitable contract to be executed.|
|Chap. 125||Period of deferred payments.|
|Chap. 125||Proviso. Contracts to substitute for accumulated assessments, etc.|
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That where there are accumulated unpaid assessments of irrigation charges, plus accrued penalty, against trust patent or fee patent tracts of land on the Blackfeet irrigation project, Montana, and where purchasers or owners of such tracts are financially unable to pay such amounts in a lump sum, the Secretary of the Interior is hereby authorized, in his discretion, to deliver irrigation water upon the execution of a suitable contract between such purchaser or owner and the United States, said contract providing for the payment of current annual assessments and annual payments of such percentage of the accumulated assessments as are deemed equitable. The period over which the payment of the accumulated assessments shall be spread shall be left to the discretion of the Secretary of the Interior, but in no case shall the period of payment of such accumulated assessments exceed ten years: Provided, That upon the execution of any such contracts herein provided for any penalties or interest which may have accrued against such accumulated assessments shall be canceled, and in lieu thereof the principal amount of the indebtedness shall draw interest at the rate of 6 per centum per annum from the date of the execution of the contract.
Approved, February 13, 1931.