Chapter CLVI. relating to Trust Funds of several Indian Tribes invested by the Government in certain State Bonds abstracted from the Custody of the late Secretary of the Interior
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Chap. CLVI.— An Act relating to Trust Funds of several Indian Tribes invested by the Government in certain State Bonds abstracted from the Custody of the late Secretary of the Interior. July 12, 1862. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, * That the Secretary of the TreasuryCredits to be given to certain Indian tribes for bonds stolen. be, and hereby is, directed to cause to be entered upon the proper books of his department the following credits to the Indian tribes herein named, to wit:
To the Delawares the sum of four hundred and twenty-threeDelawares. thousand nine hundred and ninety dollars and twenty-six cents; to the Iowas the sum of sixty-six thousand seven hundred and thirty-fiveIowas. 540 THIRTY-SEVENTH CONGRESS. Sess. II. Ch. 156, 157. 1862. Kaskaskias, Peorias, Piankeshaws, and Weas.dollars, and to the confederate bands of Kaskaskias, Peorias, Piankeshaws, and Weas, the sum of one hundred and sixty-nine thousand six hundred and eighty-six dollars and seventy-five cents; which said amounts are for and in place of the same amounts heretofore invested by the government under treaty stipulations with said tribes in the bonds of the States of Missouri, Tennessee, and North Carolina, which were stolen while in the custody of Jacob Thompson, late Secretary of the Interior, in whose department they had been deposited for safe-keeping.
Sec. 2. Sums held in trust, and interest to be paid thereon. *And be it further enacted, *That said entries shall be and remain evidence that the United States holds the said several sums named in trust for said tribes respectively, and the treasurer of the United States is hereby authorized and directed to pay to said tribes, respectively, on requisitions by the Secretary of the Interior, interest on the sums credited as aforesaid, at the rate of five per centum per annum, in semi-annual payments, on the first days of January and July in each year, the first of said payments to be on the first day of January, eighteen hundred and sixty-three.
Sec. 3. Stolen bonds to belong to the United States. *And be it further enacted, *That all interest which said tribes may have had in said bonds, as aforesaid, is hereby terminated, and the same is vested in the United States; and any recovery, or reclamation of the same, or any part thereof, shall be for the use and benefit of the United States. Sec. 4. Appropriation for interest on bonds. *And be it further enacted, *That the sum of fifty thousand and sixty-six dollars and sixty-four cents is hereby appropriated, out of any money in the treasury not otherwise appropriated, for the payment of interest to the tribes aforesaid on the sums invested in the bonds aforesaid, from the date of the last payment of interest on said bonds to the first day of July, eighteen hundred and sixty-two, to wit: the sum of thirty-two thousand three hundred and seven dollars and ninety-one cents to said Delawares, five thousand and thirty-two dollars and twenty-three cents to said Iowas, and twelve thousand seven hundred and twenty-six dollars and fifty cents to the said confederate bands of Kaskaskias, Peorias, Piankeshaws, and Weas.
Sec. 5. Act when to take effect, and as to what tribes. *And be it further enacted, *That this act shall take effect and be in force only in relation to such of the tribes aforesaid as shall file wit! the Secretary of the Interior their assent, in writing, to so much thereof as relates to them respectively. Approved, July 12, 1862.