Page:United States Statutes at Large Volume 45 Part 1.djvu/451

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SEVENTIETH CONGRESS . SESS. I . Cns . 304-306 . 1928 . gate principal installments being equal to the total principal of the indebtedness to be funded into bonds . lowed= pa yments al- SEC . 4. The Kingdom of the Serbs, Croats, and Slovenes shall have the right to pay off additional amounts of principal of the bonds on June 15 and December 15 in any year. b Interest rates on SEC. 5. The bonds to be issued shall bear no interest until June 15, 1937, and thereafter shall bear interest at the rate of one-eighth of 1 per centum per annum from June 15, 1937, to June 15, 1940 ; at the rate of one-half of 1 per centum per annum from June 15, 1940, to June 15, 1954 ; at the rate of 1 per centum per annum from June 15, 1954, to June 15, 1957 ; at the rate of 2 per centum per annum from June 15, 1957, to June 15, 1960, and at the rate of 31/2 per centum per annum after June 15, 1960, all payable semiannually on June 15 and December 15 of each year, until the principal thereof shall have been paid . Payments in Federal securities accepted .

SEC. 6. Any p ayment of int erest or princ ipal may be m ade at the option of the Kingdom of the Serbs, Croats, and Slovenes in any United States Government obligations issued after April 6, 19 17, such obligations to be taken at par and accrued interest . Approved, March 30, 1928 . March 31, 1928 .

[H. R. 9860.]

CHAP. 305 .-An Act To amend the Act of April 25, 1922, as amended, [Public, No . 232.] entitled "An Act authorizing extensions of time for the payment of purchase money due under certain homestead entri es an d Gov ernme nt-la nd pu rchas es withi n the forme r Che yenne Rive r and Stan ding Rock India n Res ervat ions, North Dakota and South Dakota ." C heyen ne R iver and Be it enacted by the Senate and House o f Representatives o f the St anding Rock Indian Unite d Stat es of Ameri ca in Congre ss ass emble d, That the Act Reservations, N. Dak. and S. Dak.

entitled "An Act authorizing extensions of time for the payment of purchase money due under certain homestead entries and Govern- Vol.42,p. 499. ment-land purc hases within the former Che yenne River a nd Standing Rock Indian Reservations, North Dakota and South Dakota," approved April 25, 1922, be amended so as to read as follows IF

exte nsio n of " That any homestead ent man or purchaser of Government lands time allowed for pay- me nts on lan ds in within the former Cheyenne River and Standing Rock Indian Reser- f orm er' Val. 43, p. 1184, vations in North Dakota and South Dakota who is unable to make amended . payment of purchase money due under his entry or contract of pur- chase as required by existing law or regulations, on application duly verified showing that he is unable to make payment as required, shall be gra nted a n exte nsion of ti me for payme nt of one-f ourth the amount, including principal and interest, due and unpaid on his entry or purchase until the 1st day of December, 1928 ; the remainder to be paid in three equal annual installments falling due on December 1, 1929, December 1, 1930, and December 1, 1931 ; all such amounts to Proviso.

bear interest at the rate of 5 per centum per annum until the pay- Entry can cel ed if ment dates : Provided, That upon failure to make complete payment complete pa y ment not of any installment the entry shall be canceled and the money paid forfeited ." Approved, March 31, 1928 . March 31, 1928.

[S .J.Res . 113.]

CHAP. 306 .-Joint Resolution To amend subdivisions (b) and (e) of section 11 [Pub. Res., No.20 .1 of the Immigration Act of 1924, as amended . Resolved by the Senate and House of Representatives of the Immigration net of 1924.

United States o f America in Congress assembled, That subdivisions . Quota r atio deferre d (b) and (e) of section 11 of the Immigration Act of 1924, as amended, to Vc il 44, p. 1455, are amended by striking out the figures " 1928 " and inserting in lieu amended,

thereof the figures " 1929." Approved, March 31, 1928