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"The Laws Relating to the Debt of Texas, An ACT to provide for ascertaining the debt of the late Republic of Texas"
Page 6
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Texas. "The Laws Relating to the Debt of Texas, An ACT to provide for ascertaining the debt of the late Republic of Texas" - Page 6. 1850. Special Collections, University of Houston Libraries. University of Houston Digital Library. Web. October 26, 2020. https://digital.lib.uh.edu/collection/earlytex/item/2649/show/2647.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Texas. (1850). "The Laws Relating to the Debt of Texas, An ACT to provide for ascertaining the debt of the late Republic of Texas" - Page 6. Early Texas Documents. Special Collections, University of Houston Libraries. Retrieved from https://digital.lib.uh.edu/collection/earlytex/item/2649/show/2647

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Texas, "The Laws Relating to the Debt of Texas, An ACT to provide for ascertaining the debt of the late Republic of Texas" - Page 6, 1850, Early Texas Documents, Special Collections, University of Houston Libraries, accessed October 26, 2020, https://digital.lib.uh.edu/collection/earlytex/item/2649/show/2647.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Title "The Laws Relating to the Debt of Texas, An ACT to provide for ascertaining the debt of the late Republic of Texas"
Creator (LCNAF)
  • Texas
Date 1850
Description Typescript, Chapter 143, “The Laws Relating to the Debt of Texas, An ACT to provide for ascertaining the debt of the late Republic of Texas.”
Subject.Topical (LCSH)
  • Texas--History--1846-1950
Subject.Topical (Local)
  • Early Texas Statehood
Genre (AAT)
  • government records
Type (DCMI)
  • Text
Original Item Location ID 1973-001, Box 3, Folder 264
Original Collection Early Texas Documents Collection
Repository Special Collections, University of Houston Libraries
Repository URL http://info.lib.uh.edu/about/campus-libraries-collections/special-collections
Use and Reproduction This item is in the public domain and may be used freely.
File Name index.cpd
Item Description
Title Page 6
Format (IMT)
  • image/jpeg
File Name eatex_201210_0783_006.jpg
Transcript Governor of this State shall be notified by the President of the United States, that the Secretary of the Treasury of the United States has been required by law to issue to the State of Texas the five millions of dollars of stock withheld under the provisions of said act, approved September 9th, 1850, until certain creditors shall have filed -releases at the Treasury of the United States, as therein required ; or that said Secretary has been required bylaw to issue to the State of Texas sums of said stock, equal to the sums for which the State may at any time present the required releases from any portion of said creditors, at the Treasury of the United States; after which notice, such claim or claims shall be paid as provided for in other cases; and upon payment of the same, or any portion of said claims, the corresponding amount of bonds of the reserved five millions, which the State may be entitled to receive under the proviso of this section, shall be drawn for by the Comptroller, and deposited in the Treasury of the State, and shall be regulated and transferred in the same manner as provided for other bonds, and together with the surplus left of the appropriation named in the first section of this act, after payment of the sums to which it is to be applied, appropriated for, and paid out only upon the claims embraced in articles first, second, fifth, sixth, seventh, eighth, eleventh, twelfth and thirteenth of this act. Sec 3. That it shall be the duty of the Comptroller, immediately after the passage of this act, to forward to the Secretary of the Treasury of the United States, a schedule of the names of the creditors, for the payment of whose claims conditional provision is made by the second section of this act, stating the amount to which each creditor is entitled. Sec 4. That before the payment of any of the claims provided for by this act, the claimant shall be required to sign a receipt to the State of Texas, that the amount so received is in full liquidation and payment of the claim or claims so presented ; and also a release exonerating the United States from all liability for the same—said release to be in form as prescribed by the Secretary of the Treasury, and approved by the President of the United States, for releases under said act, approved September 9th, 1850, and that~this act be~in force fram its passage. Approved, January 31, 1852. Extract from an act of Congress, U. S., September 9, 1850. " Fourth. The United States, in consideration of said establishment of boundaries, cession of claim to territory, and relinquishment of claims, will pay to the State of Texas the sum of ten millions of dollars in a stock bearing five per cent, interest, and redeemable at the end of fourteen years—the interest payable half-yearly at the Treasury of the United States. mm