Page:United States Statutes at Large Volume 22.djvu/949

 922 CONVENTION-PORTUGAL. JULY 15, 1882. change at New York in the following quarter, shall be entered on lists supplementary to the last list of the month of June, and in like manner the orders issued in Portugal during the quarter ending June 30th of each year, which may arrive at the Exchange Office of Lisbon in the following quarter, shall be entered on lists supplementary to the last list of the month of June. _ Anrrorn 4. Enom and cor- Sec. 1. The Exchange Office, upon receipt of the lists shall proceed r¤¤ti<>¤¤- to verify them. Should errors be found the necessary corrections are ‘ to be made in red ink. Inland postal- Sec. 2. For the orders entered in the lists, the two Exchange Offices ¤¤‘d<¤1`¤· shall issue inland postal orders in accordance .with the regulations in force, in the premises, in the country of destination. Receipt of lists Sec. 3. By the first mail forwarded after the receipt of the lists, one -*0 l>¤ ¤<=k¤<>Wl· of them shall be transmitted to the dispatching office of exchange with °dg°‘r a duly executed acknowledgment of receipt. impurities, Sec. 4. When the lists shall show irregularities which the receiving - adjustment on exchange office shall not be able to rectify, that office shall demand an . explanation from the dispatching exchange office, which shall give such explanation with as little delay as possible. Pending the receipt of the explanation, the issue of inland money orders of payment relating to the entries found to be erroneous in the list should be suspended. Anrrcrn 5. ordemeeiie wom Orders shall be valid during a period of twelve mouths after the date twelve mouths. of lllé iSS\18 13h61E0i Anmcm 6. void nmol Sec. 1. Orders which shall not have been paid within a period of twelve months from the date of the issue thereof shall be considered void, and the amount thereof shall be placed to the credit of the country of origin F<>¤¤ **0-” in the Quarterly Account. (Model •‘ C.") Sec. 2. For the execution of this stipulation, each of the two con- Form **D." tmcting countries shall make out a monthly statement (Model “D") of orders originating in the other country, to which the provisions of this Article are applicable. · ‘ This statement shall include orders of which repayment shall have been reclaimed by the remitters. _ t - - Anrronn 7. Qneiteiiyii ac; Sec. 1. For the Quarterly Account required by Article 6 of the Con- °· yention a forgi shall be used in exact conformity with the pattern “U," ` ereto annex. Basis for ex- Sec. 2. For the purpose of balancing this account, when the larger °ll=*¤S° °f **1**- credit is in favor of Portugal the conversion mentioned in Section 3 of Article 6 of the Convention shall be made in accordance with the average rate of exchange in New York during the quarter to which the account pertains. When the larger credit is in favor of the United States, the conversion shall be made in accordance with the average rate of exchange at Lisbon, during the 83mB period. St Memen t of Sec. 3. For this purpose the debtor Postal Administration shall send "**°° °*" °X°h°“$°· to the creditor Administration within ten days after the expiration of each quarter, a statement of the changes in the ratesof exchange during _ _ that quarter. fi·¤¤¤e2=“(¤r Mum Sec. 4. The Postal Administration of the United States shall retum ° "°“ “°°°°“°· to Portugal a copy of the account in question, duly verided, within _ fifteen days, at the latest, after the receipt of the said account. ¤¤¤•- Sec. 5. If the   balance of the account is in favor of Por- "““'°° ·   the Postal Administration of the United States, when it returns