Page:United States Statutes at Large Volume 42 Part 1.djvu/140

 1].2 SIXTY·SEVENTH CONGRESS. Sess. I. Ch. 42. 1921. ,,§1°;‘g§,‘$f “ "*°”*‘ of the lessee’s interest therein, as the case demands. If upon such hearing the commission finds that the lessee or his successor has v10lated_any condition in respect to the leasing of such tract, the commission may declare  mterest in the tract and all improvements thereon to be forfeited and the lease H1 respect thereto canceled, and shall thereupon order the tract to be vacated withina  ¤f1¤¤d=··i¤ reasonable time. _ The night to the use and occupancy of the Hawaiian ' home landsdcepzlpgmned in such tract shlill thereupon repeat; in the eomé mission an commisson may the possession o e tract an _ the improvements thereon. t° ?f’”""°° Sec. 211. The commission shall, when practicable, provide from A P·“°·   Hawaiian home lands a— commumty pasture adjacent to each district in which  are eased, as authorized by the provisions o sec -0, e. mmm as wm not leased as author1zed,by_the provisions o section 207 of this title g under rama to the control of the commissioner of public  any Hawaiian home lands_so returned shall, until the commissmn gives. notice as m   section provided, resume andmamtam the status of  lands uraceordance W1hl.1—t•l16— rovisions of the Hawaiian ~ mom 01-Erme Act and the ltevised Laws of Ifawaii of 1915, except that gggm ,,tgdg.,,:1,t,,§ 0,: suc lands may be`  of under a general lease only. Each UL · such lease, whether or not stipulated therein, shall be deemed sub]ect to the right and duty of the commission of public lands to terminate the lease  the la·1fdsftphth  3·1he1fe¥¤er_ the comm1ssw»n_ _ a vo__e_re __enr1or notice  hui;) thztf  és of thp) optgion that the grid; arereq y1_ or~ asa omed  f - tion 207 of this title or formgcomxilunity pastiire.8 pm us 0 Sec ··1·*.£'*.:`."’·;.··"’»’.£.““`°""" a?.§Y”‘.“%§’.:.l£;°f‘.i..’.§°'t°§%..““£‘°*is*‘°" ‘.‘.i.°**°H“°”"" ‘{.“‘° i£°" ,·· _ ,_- _0wnase‘awanan me mgulgan to be mv- fund/’ The entire receipts derived from any_leasing of public land]; updg tlrie provisions of section 212 of this title and 30 per centum p e erxiitogxsal rplceipts derived il`0I11_tl16 leasing of cultivated TM. liugar-cane an un er any other PIOVISIOII of law or from water nfglpg;  tblpmcgvered  lthopxfigal) until the total amonmt of the m equ, . L°°'”’·‘°'°”°'”"°'°· f Sn<;i12i14. él`heuc;>1pmissiop is liereby authorized to make loans rom_eu.nto esseeoantract th ccessotohis'te t ’ (1) The erection of dwellings on any tract and lie nmdertaking of Lmsmk md mm other gehrmanent improvements thereon; qbatgzwt, (2) e purchase of l1ve stock and farm equi ent; and Conmymfwafgi (3) Otherwise assisting m the develo ment oiutlracts. mmm. Sn0._ 215. contract of loan  the lessee or the successor Ammt umm- ditions, whether or not stipulated m the contract of loan: (1); The amountt of loczfs to any one borrower outstanding at any an _ one une no exce $3 000. mm, mm my f (2) Hgh? loans lshall be repaid upon an amortization plan by means puma the plum er_of annual installments sufficient to cover (a) res on the unpaid principal at the rate of £iBer centum er annum, and _(b) such amount of the prmci al as _ extinguish the debt `ggglétcdaxi) agazgdwpenqd not fexceedingthirty years. The moneys mmission rom a.n t h m?;g“P“*°¤°¤* P°" loan shall `lhe covered into the fund. yT1li: pay1iiHent?l1>1fdu\iI5i0i1nsi1d.l:l- grent due bsihallkwilii the concurrence therein of at least three of the bveumem rs_o_ t f commission, be postponed in whole or in part yd e tplommission or such reasons as it deems good and sufficient an un such later date as it deems advisable. Such postponed pay-
 * .,QR£"“ °' l‘°°‘ ”°‘ Sec. 212. The commission may re_tum anfy Hawaiian home lands
 * °“:’““°“l“';:°°‘ therein. Such loans may be malls for ills fdll? piirposesln ms
 * ’°"·¤’· ‘m· to  interest in the tract shall'be_ held subject to the following con-