Page:United States Statutes at Large Volume 44 Part 1.djvu/2058

 §241 1*11*1,12 s1.-»M02v. aftcr as the rate of 3% pct ccntum pcrmxznum until. Dual paimém. ’ l The Govcrnnwnt of the Republic of Latvia shall have the nption, with rcferéicc to payments on account of priucipal_nud/ or interact falling due on or bcfcre Deccgnbcr 15, 1930, under the terms of `the agrcément, [to `make the following payments on th0‘dat€s1__§=p§gcificd: June 15, 1926, $30,000; December 15, `192t3, $O.GGO'; ’Tu“5e 15," 1921,. $35,000; December 15, 1927, $35.000: Juuc_15, 1928, $40,000; December 15Q 1928, "$40,000;` June 15; 1929, $45,0QO: Deqembe; 15, 1929, $45,000; June 15, 1930, $50,000; December 15, 1930, $50,000; tofgzl  'aud to pay the ba1a11ce,»fi11c1_uding iixtéxtcst 011 all bvcrduc payments at the mté of _3 pciycenfum iser afmum in b0i1ds—-of Latvia, _d¤.tcd December 15, 1930, bearing interest at the rate of 3 per ccntum per annum from December 15,_1930, to  _15, 1932,.9415 thereafter af the rate of 3% penccntum pcr annum, such ,bunds` to maturé scria1Ly· on December 15 ,0f each year up to and including December 15,1984, substantially. in- the ‘same maium and tc be substaritmll y the same in.`other”`respccts as the bonds of Latvia réccived at the; timer of the fungiing of meaiudcbceauess, _ -· 1 · » _ ‘_ ·— Any mymcm: of interest or ofprincipal—may l_ made at the cpticn of the- Republic of .Latvig,—iq any Unitgl Statesi G0\'€1;H-< ment obligagicug "issucd after April 6, 1917 ; sich obligations t0 be takcn_at par `and qccrixcd interest. {Apr. 30, 1926; c.- 201, 44 Stat. 378.)» ·  -. " . -, \ ° New section, ifhis ascctioh is an _Act c1rti_t1ed "A1i Acf tp aqthorizg the settlement of the-ipdcbtcdgess of the G6vcrm;1cut,0t the Repubiic of Latvia to {hc Q0x·c;¤mcdf?0f thejlnitcd States _0f _ Amc1j1c;,” citedto text? _ _ " ‘ / "r_‘. -  241. Settlement of "i!\d€bt0dl\€S§‘-‘ ccf _Rumauia -t0' -Uni§ed f'Stlt€8•··*··-THE settlement of the indebtedness of fhg Kingilqm of (Rumania t0· the United States of’Am¢-zixica made by phd World War Foreign Debt Commission mid approved by, the President - iapcuthe teyms a’¤d‘c0¤diQ;ioxis‘ds set. forth in Senate Dpcpnmentj Numbered 5, Sixty-ninth Congress; first session, ‘is hereby approved in general tcrmsjas follows-: < » `L · · ', · w _’ _ " ( The amc;mt*0t the .i11dcbtcdncss to bc fundéd";-attcr allowing fos: the cash payments made. by the Kingdom of RumauIa;‘aud~ W thecrédits set oufbclcw, is $44,,590,000, which hasybecn computed asfcllowsz · F ” ; , — · Pi'i¤@¤l account at mdébtcdcccs go be ttind.ed---;---‘c$36, 128, 49}. 94 Interest ICCIDQ g¤d‘¤¤paid.therecn_tc December 15, · . ‘ ._ ` 1922, at the rate of 4% per ceutum a ycu·.,¢--..,...;.. _ 5, 365, $06. 08 ' ‘ Tomi mklcbtedncse ni or Dcccnibcr 15, 1922-- 41, 494, 301. 02; Tntgrest gccmed· and unpgid tfgcrcon to June 15, @25, ·` '. '_ at mc utc ut  per `ccntum S5 ym.x·.?..‘ ... ,.;.. 3, 112, 012. 59 _ -     L · · _  _   44, 00c,:s.1s.c1 _Cz·cdit*s nliowcd by War ·Deparmc¤t on material to- ;_ ·- . ·, gather with interest t3a·eou..,.T-c  -,...-.-,.--- 11, 022.07 ‘ Tctal ccc indcbtéducss as ot Junc 15, 1925;.. 44, 594, 451. 54 To be paid in mah upon execution of agreement .. 4, 451.-54 J Tom tndcbtcdg to he tuudeu into Bond; 4}, 590, ‘Thc princiml gmmmt of the bduds to be delivércd to t;hc ' linitcd, Statm is $m,560,560.43Q ,the_'incwc cvér the funded indcbtcdnex as cit Juuc"15; 19%, being ducts the smaller pay- ments during the mist fourteen years than would have bcgu paiablc upon the basis of the Byjtish-American settlcmentcthis Tdi5’cx~c¤cc bdng funded over the remaining `1‘0rty·eight_ yca·rs,‘ c~0:up¢>§uudcd'a.{211ually, at the 'mtes of 3 per ccntum per annum up to and including the tenth yur and 3%‘_pcr‘ccntum per ` éxum tram the eleventh to the tcuytecnth yeaybothzincliaeivc. Thé principal ct the bonds shall be paid in guxmd i¤stallméx1ts.· on, Jtmc’15 of each yéar. up to '8B@·il3¢l]1di|3§·rJ¤D€ 15, 1987, subject to thecright of the _Kmgdc•m of Rmnania, attér June · 15, 1939, to wake such payriyéuts in three·ymr_perio&s._ The _ Brest mu%n animal stallmcxits arcctc bcjiaid yvithout inter; ` osx nix the dave spééd aukfin the following amounts: Juné

EY AND F1N.lNo¤ 1 n 2044. 15, 1926, $2001l00;' June 15, 1927, $300,000; June 15, 1/9*28, _ $400,000; .1 une 15, 1929; $500,000; June 15, 1900, $000,000; June .15,.1931, $700,000;» June 15, 1932,, $800,000; June 15, 1933, $1,000,000; dune 15, 1934, $1,200,000; June 15, 1ea5, $1,400,%%+; June 15, 1930, $1,600,000; June 15, 1937, $1,800,000; June 15, 1938, $2,000,000; June 15, 1939, $2,@0,000; The remaining forty-eight installments are to be paid Nannmlly on Jane 15 of each year, with interest at the rate of 3% per eentum per Y annum from June 15, 19%, payable wmiannually on J one 15 and December. 15 of each. year. .'1‘he amount of the installment due in the ilfteenth year is $430,56043, the annnal installments to increase thereafter` untif in the sixtysecond year the amount ` of the llnal installment will be $2,172,000, the aggrgate installmentsj being equal;to the. total face amount of bonds to be delivered, namely,  - o -. _.'1‘he Kingdom of Romania shall have the right to lpay ol! p, additional amounts of the principal of the 'bonds on June ~ I5 or December 15 of anyyear upon not less than ninety days’ , advance notice. . . · .  _ .' · _   . · Any payment of interest or —0f principal may the made at the option of the Kingdom of Rumania in any obligations of. the United States issued after April 6, 1917, suchobligations , Ito be taken at par and accrued interest. (Hay 3, 1928, c. 2*23, 44 s-mt;385.) ‘ · ‘ P —- _‘ — · 0 _ I. New section. .‘ This section is an Act entitled "An·Act to authorize the settlement of the indebtedness or the Kingdom of Rumanfa to the United States of Amcrleaf cited to text. · o ‘ Chapter 1-1.-—-APPROPRIATION S. 640‘a.' Clothing and `smalbstores fund credited with  of mles; · ~ New} ‘ . . 067. Cosrtracte for fuel _ for public buildings in advance of appro- ` priations. - . .. ·: · ”_ _ . 68611. Materials orservlce- ordered from Navy; payment. [New.} Y  · 640a.,_Clothing and smallgtores fund.  irith psoceeds _ of sales»5—-The clothing and- smalkstores fund shall be credited · " ` with the net proceeds -o£_all. sales (including sales of surplus ‘ materials) of. elothing and small stores. (Hay 21, 1028, c._ 355, 44`Stat. 605.) A ‘~` " _ _, ` New section. This eection l•’ from the Navy Depnrtment and T · Naval Service Appropriation Acco! 1927, cited tolthe   ‘ _ 661. Contracts for fuel for public buildings an advance- ef appropriations; .. · __   `_ _ ’ . . _ 8ec¢t•¤._ Wi •fA`Tl¢lc 31`!•p¤•hd.=·-·-The statutory nmvls:lo¤‘ consti. tutlng $-.867 of Title *31 of the Codewu reputed in Act Har. 2, 1926, c. 43, 5 1, 44 stat;154.   ‘ · . . _  Materials or   ordued fron Navy; ,p•ymmt.—·  any execritlve     utanlish-— ment of the'Government·0rdering"niaterlals or  from the Navy shall pay promptlyjby claw uponjwrittw  from Lhe Paymaster General of the- Navy, either invadtance or upon completion of the work, all or part of the wtimgted or actual cost thereof, asZthe.case may be, andbllls rendered in accordance _. hereyvith shall not be subject to audit. oigjsertlncntion 15.1.1. va·nce.of payment:? Provided, That Eoper adjustwts onlibe .basis‘of”tQhe actual cost of delivery of work paid for in advance .sha1l.be made. (May°2!,  c. 355, 44 Stat. %.) "_ __ P - New section, Thisisection. lsfrom the Nay; Department and · Naval Service Approprlation Act of.1927, cltedto tnc text. `·  Chapter 12,—-·-THE PUBLIC DEBT. Q Sec. . ‘ - . .:748. Additional Liberty bond tax eiemptions. [Repealed,]. ' _°{48·G.._C0¤IOHd8U0£3 of Libert;     exemptions,. [ I U .‘ · Q 748. Additional Liberty bend tu exemptions: [Repealed.}  Bcctloa‘1®8’e: Act June `2,_1924, 43 stat. ssa, constituting _· Q 148 at Title 3.1 ofztbeceae, was repealed ·l1y $.1200 or the.Act Feb. 26, 1926, constltatlng 5 1273~df Title 26, lnternal_ Revenue, _ of this appcndl*x.‘ =_ ‘ ‘ . ·. Q '