Page:United States Statutes at Large Volume 40 Part 1.djvu/451

 SIXTY-FIFTH CONGRESS. Sess. II. Cris. 11, 12. 1918. 433 under the revisions of this Act when ser in the Philippine Islands shall in no case exceed the pay and allowances for corresponding grades of Philippine Scouts. Approved, January 26, 1918. CHAP. 12.-An Act Providin for the sale of the coal and asphalt deposits in Foliglnfzlégm the segregated mineral land in the zhoctaw and Chickasaw Nations, Oklahoma. Be it enacted by the Senate ond House o Re esentatives of the United C W. States of America in Congress assembledi Thlat the Secretary of the ¤¤g§¤it·:is,3nkis?hmm Interior is hereby authorized to sell the coal and asphalt eposits, positsand °’°h“" d° leased and unleased, in the seglqgated mineral areaof the Choctaw "°‘· 3* P- 653- pndhChickasaw Nations, in Ok ma, in the manner hereinafter set ort. Before offering such coal and asphalt deposits for sale the Secretary ,,§jPP“‘“‘ °‘ *“““S· of the Interior, under such rules and regu ations as he may prescribe, shall cause the same to be appraised. Such appraisement, both as to leased and unleased lands, s all be described m tracts to conform to the descriptions of the legal subdivisions heretofore desiapted by the Secretary of the Interior, and shaH be completed wit six months after the passage of this Act. Sal Sec. 2. That the sale of such deposits shall be thoroughly adver- mpegs iiadliiiiiiil. t° tised, and shall not later than six months from the final appraisement be offered for sale to the highest bidder at public auction in tracts to conform with such appraisement at not ess than the appraised value so iixed, except that isolated tracts of less than nine undred P,0,,m_ and sixty acres may be sold separately under like provisions: Pro- Payment. vided, That twenty per centum of the purchase price shall be paid in cash, and the remainder shall bplpaid in four equal annual ipa ents from the date of the sale, and deferred payments on a dyeglosits sold under the provisions of this Act shall bear interest at the rate of five per centumfper annum, and shall mature and become due before the expiration 0 four years after the date of such sale. _ Sec. 3. That immediately after the expiration of one year after d;sS§]'0g,3f§°*{,‘}'§,°,? °"§‘g the coal and asphalt deposits shall have been offered for sale, or Ymforfeited for nonpqyment under the terms of the sale, the Secretary of the Interior, un er rules and regulations to be prescribed by him, shall readvertise and cause to be sold to the highest bidder at ublic auction, in tracts to conform to the descriptions of the legal, subdivisions heretofore designated b the Secretary of the Interior, and at not less than said a praised value, retaining the right to’re`ect any or all bids, all coal and) asphalt deposits remaining unsold and] all coal and asphalt deposits forfeited by reason of such nonpayment of any part o the purchase price: Promkled, That at the expiration of six §¥m°"{‘;,,_ months thereaf ter the Secretary of the Interior ma again readvertise and offer the same for tina sale to the highest `lliidder at public auction, upon such terms as he may prescribe and at such valuation, independent of the ap raised value, as he may fix. _ Sec. 4. That such deposits of coal or asphalt on the leased lands l,,B,‘?§§‘§§,c,?’§°‘;‘,§’g,$,‘g shal.l_be sold subject to all Q-ghts of the lessee and that any person °¤¤¤¤¤¤¤· acquiring said deposits of co or asphalt shall take the same sub`ect to said rights an acquire the same under the ex ress understand` mmm cnmmp and agreement that the Department of the ihterior will canldiil ¤¤¤¤¤l¤d. and withdraw all rules and regulations and relinquish a.ll authority heretofore exercised over the operation of said mines by reason of the Indian ownership of said property and that said pro erties thereafter shall_be operated under and in conformity with sucl; laws Royalties ,0 pu,. as may be applicable thereto, and that advance royalty paid by any <=¤¤¤¤*· lessee and standing to the credit of said lessee shall be credited by - 112460°—vox. 40-—PI' 1—-28