United States Statutes at Large/Volume 4/23rd Congress/1st Session/Chapter 145
Chap. CXLV.—An Act to carry into full effect the fourth article of the treaty of the eighth of January, eighteen hundred and twenty-one, with the Creek nation of Indians, so far as relates to the claims of citizens of Georgia against said Indians, prior to eighteen hundred and two.
Certain claims to be allowed and paid.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the President of the United States be, and he is hereby, authorized to cause to be adjusted and paid to full indemnity, out of any money in the treasury not otherwise appropriated, all claims of citizens of the state of Georgia, under the fourth article of the treaty of the eighth of January, eighteen hundred and twenty-one, between the United States and the Creek nation of Indians, which have not been heretofore adjusted and paid, on the following principles: all claims which have not been heretofore adjusted and paid, founded upon the capture and detention, or destruction of property by said Indians,1802, ch. 13. prior to the passage of the act regulating intercourse with Indian tribes, if satisfactorily established, shall be allowed and paid.
Six per cent. interest allowed.Sec. 2. And be it further enacted, That there shall be an interest of six per cent. per annum allowed and paid on the amount of all claims which have been or may be adjusted and established under the provisions of the aforesaid treaty, to be calculated from the date of the origin of the claims, respectively, up to the date of the adjustment and establishment of said claims respectively:Proviso. Provided, however, That the amount which may be allowed under the provisions of this act as interest shall be calculated on the amount of the value of the property so taken or destroyed; the amount of the principal of each claim to be determined by the value of the property for which it was and is made, at the time said property was so taken or destroyed:Proviso. And provided, also, That the aggregate amount of the claims which have been, and hereafter may be, paid, shall not exceed the sum of two hundred and fifty thousand dollars.
Apportionment to be made, if whole amount of the adjusted claims exceed $250,000.Sec. 3. And be it further enacted, That if, on the adjustment of the aforesaid claims, the amount which may be found due, and the amount already paid, with the interest to be calculated as aforesaid, shall exceed the sum of two hundred and fifty thousand dollars, the President be, and he is hereby, authorized to cause a fair and equitable distribution of the unexpended balance of the said two hundred and fifty thousand dollars to be made among the claimants, in proportion to the amount which may have been, or shall be, found due to them, respectively:Proviso. Provided, That the principal of the respective claims shall be first paid.
Approved, June 30, 1834.