effect and be in force, from and after the first day of May, A. D.
AN ACT providing for the liquidation and payment of the debt of the late Republic of
Sec 1. Be it enacted by the Legislature of the State of Texas,
That two millions of dollars of bonds of the indemnity due the
State of Texas, and now at her disposal,for the sale to the United
States of a portion of her northwestern territory, under the provisions of an act of Congress proposing to the State of Texas the
establishment of her northern and western boundaries, &c, approved September 9th, 1850, are -hereby appropriated for the
payment of that portion of the debt of the late Republic of Texas
embraced in articles third, fourth, ninth, tenth, fourteenth, fifteenth
and sixteenth, and interest which may have accrued thereon included in articles twelfth and thirteenth of this section; which
debt has been submitted for adjustment to the Auditor and Comptroller of the State, under the provisions of an act to provide for
ascertaining the debt of the late Republic of Texas, approved
March 20th, A. D. 1848, and an act supplementary thereto, approved February 8tb, A. D. 1850, and, reported by them to the
Legislature in their report of November 12th, 1851, as follows:
First For Xen per cent, consolidated fund, created by act of the
7th of June, 1837, four hundred arid forty-two thousand seven
hundred and sixty-eight dollars and seventy-six cents.
Second. For ten per cent, consolidated fund, created by act of
the 7th of June, 1837, issued under an act for the relief of Swart-
wout and others, seven thousand nine hundred and seventy dollars and forty-three cents.
Third. For ten per cent, funded debt, created by act of 5th of
February, 1840, two hundred and twenty-six thousand and two
Fourth. For eight per cent, funded debt, created by act of 5th
of February, 1840, seven thousand two hundred and eighty-four
Fifth. For eight per cent, treasury bonds, created by act of 5th
of February, 1840, one hundred and fifty-three thousand three
hundred and sixty dollars.
Sixth. For ten per cent, treasury notes, issued under act of June
9th, 1837, first issue, forty-one thousand six hundred and thirty
Seventh. For ten cent, treasury notes, issued under act of June
9th, 1837, second issue, one hundred and sixty-five thousand six
hundred and eighty-five dollars and fifty cents.
Eighth. For treasury notes without interest, issued under act
of 19th of January, 1839, third issue, four hundred and fifty-seven
thousand and forty-eight dollars.