Page:United States Statutes at Large Volume 18 Part 3.djvu/278

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F TY-THIBD CONGRESS. Sess. I. OH. 459. 1874. 248 OB &LI¤¤¤r¤i¤¢1 freights, for or in respect to uéiearped freighfts, gross Efreigbéségiigospeggive prgnts, -' freight ains or a van ages or or wage o_ 0 r or amen or a r longer time than one year next atitcpltlée br;znkingk;up of alyoyatqebby the acts aforesaid. And no claim s a e a missa e or a owe y said Insurance compa- court by or in behalf of any insurancecompany or insurer, either in its

  • 1**** Md i¤°'“`°’°i or his own right, or as a signee, or otherwise, in the right of a person or

party insured a aforesaid,unless such claimant shall show, to the satis- Amwaw, in cer- faction of said court that during the late rebellion the sum of its or his tain cases; losses, in respect to its or his warrisks, exceeded Qlhe sum lpf its or his premiums or other gains upon or in respect to suc war-ris s• and A Limitation of el- in case of any such allowance, the same shall not be greater than such 1°“’°·”°°9 excess of loss. And no claim shall be admis able or allowed by said Gcmpemqr p ot court arising in favor of any insurance-company not lawfully existing at ’°"*`““Y °x*¤*’“gi the time of the loss under the laws of some one of the United States. & • . . · . °‘* And no claim shall be admissable or allowed guy said tcoalrt arising in 1* 1: in favor of any person not entitled at the time o is oss o e protection tledotgéssvtzztigs of of the United States in the premises, nor arising in faror of any person “‘%E{:*;g%;;“°°Si whtohdid ust agalletimes during the late rebellion bear true-allegiance ' e m er a s. _ Interest upon Section 13. That in estimating the compensation to claimants, in- J¤d§’¤°¤*¤· terest shall be allowed, at the rate of four per centum per annum upon the amount of actual loss or damage which shall be ascertained in each case to have been sustained from such date as the court shell in each case, decide that the loss was sustained by the claimant: Provided, how- _ Nogto be included ever, That the amount of such interest shall not be included in or added miu Sm<>¤ 5 to the amount for which judgment may be rendered on said claim · but mtg mzeoaupnuytre- in each case a report of the amount of such interest, certiiied under the P° ° J¤ ¤¤¤°¤- ‘seal of the court, shall accompany the report of the judgment on the claim to the Secretary of State. _ Jnqgmenm au d Section 14. That the said court shall report to the Secretary of State ·*¤·=¤¤¤>¤¤ *0 b° *°· a list of the several judgments and decisions made by it, a certified copy t d t S tm - · · §§'SQm_° °"° Y of which shall, upon the conclusion of the business of the said court, he gmmcd copy wby-him transmitted to the Secretary of the Treasury, who shall therebe trau mitted to utter, as soon as may be and upon such notice and in such manner as ,?_°F*¢*=¤*Y °f *1* ° he shall prescribe, pay the said judgments, together with interest at the _‘§j;‘KQm of j,,dg_ rate of four per centum per annum on the amount of such judgments mmm, from the date certided, unto the persons, respectively, in whose favor the same shall have been made, or to their respective legal representa- _ _ _ tives, in full satisfaction and discharge of said judgments: Provided, u gg if :*1* ;·:“lf·;‘;:b?§ That if the sum oflall the judgments rendered by the said court, together . with interest, shal exceed the amount received into the Treasury of the Pr°P°m°m` United States as proceeds of the sum to be paid by Great Britain, by virtue of the said decision and award, then the Secretary of the Treasury shall distribute, in ratable proportion s, among the parties 1u whose favor judgments shall have been rendered, or to their legal representatives, such moneys as have been received into the Treasury, according to the _ proportions which their respective judgments shall bear to the whole fu§=;>;*¤;:g}1:§t*{g£;g amfoqut received into the Treasury as aforesaid, which payments shall be . in u l satis action and discharge of such claims and judgments. d`3?§“,€°g,,t,, out of Saou0N 15. That the Secretary of the Treasury is hereb authorized e . . . . . Y what money paid. and required to pay the said respective Judgments of said court, out of any such money in the Treasury not otherwise appropriated; and for T S·=¢f<>¤M‘.S’&f that purpose he is hereby authorized when necessary to issue aud sell

 fgébe at public sale, after ten days’ notice of the time and place of sale, at not

pm-9,,8, less than par in coin, a sufficient amount of coupon or registered bonds of the United States, in such form as he may prescribe, of denominatmnls of fifty dollars, or some multiple of that sum, redeemable in coin o the present stanc ard value at the pleasure of the United States after ten years from the date of their issue, and bearing interest payable quarterly in such coin at the rate of five per centum per annum; and upon_the payment, from time to time, of the said respective judgments of said court as before provided, the bonds of the United States men-