C O NV E N T I 0 N Feb. 17, rm. For the settlement ry Claims between the United States q' rraciamaaaa America and her Catholic Majesty. of the President
- §J
- ‘°]U‘S§4 Tma Government of the United States of America, and her Majesty
i ’ ° the Queen Regent, Governess of Spain during the minority of her Ratiiicatiuns august daughter, Her Catholic Majesty Donna Ysabel II, from a desire R’;:j,‘;'jg°gu‘° of adjusting by a definitive arrangement the claims preferred by each
- 4_ {g33i_ g` party against the other, and thus removing all grounds of disagreement,
as also of strengthening the ties of friendship and good understanding which happily subsist between the two nations, have appointed for this purpose, as their respective plenipotentiaries, namely : the President of the United States, Cornelius P. Van Ness, a citizen of the said States, and their Envoy Extraordinary and Minister Plenipotentiary near Her Catholic Majesty Donna Ysabel II; and her Majesty the Queen Regent, in the name and behalf of Her Catholic Majesty Donna Ysabel II, his Excellency Don Jose de Heredia, Knight Grand Cross of the Royal American Order of Ysabel the Catholic, one of Her Majesty’s Supreme Council of Finance, ex~Envoy Extraordinary and Minister Plenipotentiary, and President of the Royal Junta of Appeals of Credits against France; who, after having exchanged their respective full powers, have agreed upon the following articles: ARTICLE I. Agmmamby Her Majesty the Queen Regent and Governess, in the name and in Spam to iadem- behalf of Her Catholic Majesty Donna Ysabel II, engages to pay to the I"'.-Y U'S· United States, as the balance on account of the claims aforesaid, the sum of twelve millions of rials vellon, in one or several inscriptions, as preferred by the Government of the United States, of perpetual rents, on the great book of the consolidated debt of Spain, bearing an interest of five per cent. per annum. Said inscription or inscriptions shall be issued in conformity with the model or form annexed to this Convention, and shall be delivered in Madrid to such person or persons as may 1836 I 8__ be authorized by the Government of the United States to receive them, 188.,: 8.}: within four months after the exchange of the ratifications. And said inscriptions, or the proceeds thereof, shall be distributed by the Government of the United States among the claimants entitled thereto, in such manner as it may deem just and equitable. ARTICLE II. whe gnmes, to The interest of the aforesaid inscription or inscriptions shall be paid be psidin Paris in Paris every six months, and the iirst haliiyearly payment is to be i‘°l‘Y°”`l>'· made six months after the exchange of the ratiiications of this Convention. ARTICLE III. Aucmms ,,,,,,_ The high contracting parties, in virtue of the stipulations contained celled prior eq in article first, reciprocally renounce, release, and cancel all claims Ll:. °fih*¤ which either may have upon the other, of whatever class, denomination, W"' or origin they may be; from the twenty-second of February, one th0u— sand eight hundred and nineteen, until the time of signing this Conventxon. (460)
