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Compiled and edited by Charles J. Kappler. Washington : Government Printing Office, 1941.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the Interior is hereby authorized to sell the remainder of the coal and asphalt deposits in the segregated mineral land in the Choctaw and Chickasaw Nations, Oklahoma, and belonging to said Indian nations, the sales to be made under such rules, regulations, terms, and conditions as the Secretary of the Interior may prescribe not inconsistent with this Act.
That said coal and asphalt deposits shall be offered for sale in tracts to conform to the descriptions of the legal subdivisions heretofore designated by the Secretary of the Interior, and except as otherwise herein provided the sales of the tracts shall be at public auction, after due advertisement, to the highest bidder at not less than the appraised value heretofore fixed by the Secretary of the Interior under the provisions of the Act of Congress approved February 22, 1921 (41 Stat. 1107): Provided, however, That in the discretion of the Secretary of the Interior, the tracts maybe offered together as a whole and sold to the highest bidder for the aggregate at not less than the total appraised value, or any two or more of the tracts may be offered together and sold to the highest bidder for the block at not less than
the aggregate appraised value of the tracts constituting such block: And provided further, That no limitation shall be placed upon the number of tracts any person, company, or corporation may acquire hereunder: And provided further, That in the event any sale of any tract or tracts of coal and asphalt deposits made hereunder or under the Act of February 8, 1918 (40 Stat. L. 433), or under the Act of February 22, 1921 (41 Stat. L. 1107), be canceled by the Secretary of the Interior and all rights of the purchaser at such sale be declared forfeited as to said tracts, such tracts may again be offered and sold by the Secretary of the Interior as provided herein until all such tracts finally shall have passed into private ownership.
That where any tract of said coal and asphalt deposits has been heretofore or may be offered hereafter for sale at two or more public auctions after due advertisement and no sale thereof was made, the Secretary of the Interior may, in his discretion and under such rules and regulations and on such terms and conditions as he may prescribe, sell such tract at either public auction or by private sale at not less than the appraised value: Provided, however, That the Secretary of the Interior may, in cases where the tracts remain unsold and the facts are found to justify, cause reappraisements to be made of such tracts and reoffer and sell such tracts either at public auction or private sale at not less than the reappraised value.
That when the full purchase price for any property sold hereunder is paid, the principal chief of the Choctaw Nation and the Governor of the Chickasaw Nation shall join in executing to the purchaser an appropriate patent conveying to the purchaser the property so sold, said patent to be subject to approval of the Secretary of the Interior.
That in cases where tracts of the coal and asphalt deposits belonging to the Choctaw and Chickasaw Nations have been sold subsequent to June 30, 1925, and prior hereto, under and in accordance with, or purporting to be under and in accordance with, the Act of February 8, 1918 (40 Stat. L. 433), and the Act of February 22, 1921 (41 Stat. L. 1107), and said sales have been approved by the Secretary of the Interior and the purchaser has paid or shall pay the full purchase price, the patents executed by the principal chief of the Choctaw Nation and governor of the Chickasaw Nation and approved by the Secretary of the Interior, conveying to the purchasers the tracts purchased and paid for by said purchasers, are hereby confirmed, approved, and declared valid.
Approved, June 19, 1930.
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