United States Statutes at Large/Volume 4/19th Congress/1st Session/Chapter 59
Chap. LIX.—An Act to extend the time allowed for the redemption of land sold for direct taxes, in certain cases.
Time allowed for the redemption of lands sold for non-payment of taxes, under several acts extended.
Act of Aug. 2, 1813, ch. 37.
Act of Jan. 9, 1815, ch. 21.
Act of March 5, 1816, ch. 24.
Interest to be paid, &c.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the time allowed for the redemption of lands which have been, or may be, sold for the non-payment of taxes, under the several acts passed on the second day of August, one thousand eight hundred and thirteen; the ninth day of January, one thousand eight hundred and fifteen, and the fifth day of March, one thousand eight hundred and sixteen, for laying and collecting a direct tax within the United States, so far as the same have been purchased for, or on behalf of the United States, be revived and be extended for the further term of two years, from and after the expiration of the present session of Congress: Provided, also, That, on such redemption, interest shall be paid at the rate of twenty per centum on the taxes aforesaid, and on the additions of twenty per centum chargeable thereon; and the right of redemption shall enure, as well to the heirs and assignees of the land so purchased on behalf of the United States, as to the original owners thereof.
Approved, May 16, 1826.