United States Statutes at Large/Volume 2/12th Congress/2nd Session/Chapter 43
Chap. XLIII.—An Act giving further time to purchasers of public lands to complete their payments.
Act of Feb. 19, 1814, ch. 14.
Further time allowed for purchasers prior to April, 1809.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That every person who, prior to the first day of April, one thousand eight hundred and nine, had purchased any tract or tracts of land of the United States, not exceeding in the whole six hundred and forty acres, unless the tract purchased be a fractional section or sections of fractional sections classed with an entire section, at any of the land-offices established for the disposal of the public lands, and whose lands have not already been actually sold, or reverted to the United States, for non-payment of part of the purchase money, shall be allowed the further term of three years, from and after the expiration of the period already given by law, for completing the payment of the said purchase money, which further term of three years shall be allowed only on condition,Act of April 23, 1812, ch. 64.
Conditions. First, That all arrears of interest on the purchase money shall have been paid on or before the time shall have expired, according to former laws for completing the payment of the purchase money: Provided, that in all cases in which the time for completing the payment of the purchase money may have expired or shall expire before the first day of June next, the interest may be paid on or before that day. Second, That the residue of the sum due on account of the principal of such purchase, shall be paid with interest thereon, in three equal annual payments, viz: One third of the residue, with interest which may then be due thereon, within one year; another third of said residue with interest, within two years, and the remaining third of said residue with interest within three years after the expiration of the time for completing the payment on account of such purchase, according to former laws; and in case of failure, in paying either the arrears or interest, or any of three instalments of principal with the accruing interest, at the time and times above mentioned, the tract of land shall be forthwith advertised and offered for sale, in the manner and on the terms directed by law, in case of lands not paid for within the limited term, and shall revert in like manner, if the sum due with interest be not at such sale bidden and paid:Proviso.
Limitation of the act. Provided, that the benefit of this act shall not extend to any person or persons on account of any purchase of any tract or tracts of land made at any of the land-offices northwest of the river Ohio, prior to the first day of April, one thousand eight hundred and eight.
Approved, March 3, 1813.