Page:United States Statutes at Large Volume 43 Part 1.djvu/1040

 S1xTY-n1GHTH CONGRESS. Sess. II. cH. eso. nm. 1009 investments shall be paid to them in addition to the allowance above provided. All payments to legal guardians of Osage Indians .shall ·‘~¤¤*¤v¤* 01 ¢¤¤¤¤<¤- be expended subject to the joint approval in writing of the court and mms by gwdml the superintendent of the Osage Agency. All payments to adults S¤¤mi¤i¤¤ ¤f vwnot having certificates of competency, including amounts paid for msmmemrm each minor, shall, in case the Secretary of the Interior finds that such adults are wasting or squandering said income, be subject to the supervision of the superintendent of the Osage Agency: Provided, Pfam. That if an adult member, not having a certificate of competency so ,0]f,’;§;',};’“,‘;,“’§n*°°°m° desires, his entire income accumulating in the future from the sources pe D ` herein specified may be paid to him without supervision, unless the Exception- Secretary of the Interior shall find, after notice and hearing, that such member is wastinlg or squandering his income, in which event the Secretary of the nterior shall pay to such member only the amounts hereinbefore specified to be paid to adult members not Invnmnnn, 0, nn having certificates of competency. The Secretary of the Interior maiuder. aim- payins shall invest the remainder, after paying the taxes of such members, t°“`°S’°t°' in United States bonds, Oklahoma State bonds, real estate, first mortgage real estate loans not to exceed 50 per centum of the appraised value of such real estate, and where the member is a resident of Oklahoma such investment shall be in loans on Oklahoma real estate, stock in Oklahoma building and loan associations, livestock, or deposit the same in banks in Oklahoma, or- expend the same for the benefit of such member, such expenditures, investments, and deposits to be made under such restrictions, rules, and regulations as he may prescribe: Provided, That the Secretary of the Interior shall 1;¥¤i¤v¤s¤¤¤¤¢ wi¤¤· not make any investment for an adult member without first securing °° °°”S°°f the approval of such member of such investment: Provided further, That at the beginning of each fiscal year there shall first be reserved A¤¤<i¤¤t resemd for and set aside, out of Osage tribal funds available for that purpose, a mum °x°°°dm"°S` sufficient amount of money for the expenditures authorized by _ Conmess out of Osage funds for that fisca year. No guardian shall gni§’n”,§§,‘f,Ym°“‘·°‘°··°’ be appointed except on the written application or approval of the Secretary of the Interior for the estate of a member of the Osage Tribe of Indians who does not have a certificate of competency or Ennn, ,nnnnyn_ n,n__ who is of one—l1alf or more Indian blood. All moneys now in the $$6 ¤¤¢¤¤¤¤<¤ ¢<> Swpossession or control of legal guardians heretofore aid to them in y' excess of $4,000 per annum each for adults and ig2,000 each for minors under the Act of Congress of March 3, 1921, relating to the Osage Tribe of Indians, shall be returned by such guardians to the Secretary of the Interior, and all property, bonds, securities, and stock purchased, or investments made by such guardians out of said moneys paid them shall be delivered to the Secretary of the Interior by them, to be held by him or disposed of by him as he shall deem to be for the best interest of the members to whom the same belongs. Anemnm; of m All bonds, securities, stocks, and property purchased and other erty investment? i-K investments made by legal guardians shall not be subject to aliena· ““"’*°"‘ tion, sale, dis osal, or assignment without the approval of the Secretary of fhe Interior. Any indebtedness heretofore lawfully incurred by guardians shall be paid out of the funds of the members for whom such indebtedness was incurred by the Secretary of the m;,°,m- OW, ,,,0,,- Interior. All funds other than as above mentioned, and other ;@{’n,n'§n_P°”““‘°“ °’ property heretofore or hereafter received by a guardian of a member of the Osage Tribe of Indians, which was theretofore under the supervision and control of the Secretary of the Interior or the title to which was held in trust for such Indian by the United States, shall not thereby become divested of the supervision and control of the Secretary of the Interior or the United States be relieved of its trust; and such guardian shall not sell, dispose of or otherwise encumber such fund or property without the approval of the Secre-