Compiled and edited by Charles J. Kappler. Washington : Government Printing Office, 1929.
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Chap. 148 | Fort Peck Indian Reservation, Mont. Time extended for installments by homesteaders on coded lands of. 35 Stat, 562, vol. 3, 381. |
Chap. 148 | Provisos. Interest payments. |
Chap. 148 | Commutation payments. |
Sec. 2 | Interest to credit of Indians. |
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That any person who has made or shall make homestead entry under the Act approved May thirtieth, nineteen hundred and eight (Thirty-fifth Statutes, page five hundred and fifty-eight), entitled “An Act for the survey and allotment of lands now embraced within the limits of the Fort Peck Indian Reservation, in the State of Montana, and the sale and disposal of all the surplus lands after allotment,” may obtain extensions of tune within which to pay one-half of any installments of purchase money, which have become due and are unpaid or which will hereafter become due by paying to the register and receiver of the land office for the district in which the lands are situated interest in advance on the amounts due and for the period of the desired extension at the rate of five per centum per annum, and any payment so extended may at its maturity be again extended in like manner: Provided, That payment of interest on installments now due must be made in order to secure the extension; interest payments must hereafter be made annually before the maturity of the payments to be extended, and no payment will be postponed for more than eight years from the date of entry nor will any extension be made for less than one year: Provided further, That if commutation proof is submitted all the unpaid payments must be made at that time.
That moneys paid as interest, provided for herein, shall be deposited in the Treasury to the credit of the Fort Peck Indians, the same as moneys realized from the sale of the lands.1
Approved, March 2, 1917.
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