Page:United States Statutes at Large Volume 30.djvu/698

 FIFTY-FIFTH CONGRESS. Sess. II. Ch. 571. 1898. 659 Parnmrzr ro run VENABLE Uonsrnucrrron Comrmw: The Sec- Y¤¤¤M<> <><>¤¤¤¤¤· retary of the Treasury is authorized and directed to pay to the Venable uhsgxgdngi. Construction Company the amount of the duty paid on Portland cement used by it in the construction of gun emplacements at Tybee Island, Georgia, not to exceed the sum of three thousand six hundred and eighty-eight dollars; and the amount required for such payment is hereby appropriated, out of any money in the Treasury not otherwise appropriated. The Secretary of War is hereby authorized to pay to the Venable Construction Company the ten per centum retained on monthly pay- ments for the construction of the gun and mortar batteries at Key West;, Florida, notwithstanding the contract for such construction is inclu ed in a contract for sand-fill in front of and adjacent to said mortar batteries, the latter not being fully completed; the said gun and mortar batteries having been completed and being now in the possession and use of the United States: Provided, That no payment shall FWZ- f _ be made hereunder until the snreties on said contract shall consent in "°°"°” ° °"°°'°°' writing to the Same. . Pammmr ro OWEN N. Dmmr: To enable the Secretary of the owen mnsnny- Treasury to pay Owen N. Denny, formerly consul-general at Shanghai, China, amount of unofficial fees collected by him and paid, under protest, into the Treasury of the United States, as reported by the Secretary of the Treasury in Senate Document Numbered Two hundred, Fifty-fifth Congress, second session, ninety-four dollars. ’ Smrrnummrrr wrru run Crmcrusi. Pacuuc Ann Wnsrmnn Pscimc Wveml mpc um Rsmuoansz That the Secretary of the Treasury, the Secretary of the ,.,,°3,_ ° "‘“' Interior, and the Attorney-General, and their successors in office, be, mQg,*}m “*°¤{g¤g*:l·j and they are hereby, appointed a commission with full power to settle emmm. the indebtedness to the Government growing out of the issue of bonds ‘ in aid of the construction of the Central Pacific and Western Paciiic bond-aided railroads, upon such terms and in such manner as may be agreed upon by them, or by a majority of them, and the owners of said railroads: Provided, That any and all settlements thus made shall be §··•M•¤•- lb h submitted in writing to the President for his approval or disapproval, p,,,,€£§€" Y t ° and unless approved by him shall not be binding. That said commission shall not agree to accept a less sum in settle- cl;fj¤g(q¤¤¤ ¤¤¤¤*¤l>¤ ment of the amount due the United States than the full amount of the ° P ' principal and interest and all amounts necessary to reimburse the United States for moneys paid for interest or otherwise: And also provided, That said commission are hereby empowered to grant such time Tim ¤f r>·>‘¤·¤¢¤- or times of payment by installment, and at such rates of interest, to be . not less than three per centum per annum, payable semiannually, and with such securityas to said commission may seem expedient: Provided, horzcever, That in any settlement that may be made the final pay- rmi amuuege. , ment and full discharge of said indebtedness shall not be postponed to exceed ten years and the whole amount, principal and interest, shall be paid in equal semiannual installments within the period so limited. and in any settlement made it shall be provided that if default shall be D¤f¤¤¤¤i¤1>¤>·m¤¤¤- made in any payment of either principal or interest or any part thereof then the whole sum and all installments, principal and interest, shall immediately become due and payable, notwithstanding any other stipulation of said settlement: Provided further, That unless the settlement ,·§,<;*jg$${;m;:, •** herein authorized be perfected within one year after the passage of this ` Act the President of the United States shall at once proceed to foreclose all liens now held by the United States against said railroad com-, _ panics and to collect the indebtedness herein sought to be settled, and ,,,§‘fi:§`Q,‘2§_°f m"' nothing in this Act contained shall be held to waive or release any right, lien, or cause of action already held by the United States. That there is hereby appropriated, out of any money in the Treasury Avv¤vj)ig¤_;•;¤mDf;{ not otherwise appropriated, the sum of twenty thousand dollars to §{Ff”°°° defray the expenses of said commission 111 making the said settlement.