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Highway

sion abolished and pow

this Commission.

pealed.

Commis- (c) The commission established by section 2 of the Act entitled ers, etc., transferred to 'An Act to provide a permanent system of highways in that part of Vol. 27, p. 532, re- the District of Columbia lying outside of cities' (Twenty-seventh Statutes at Large, pages 532 and 533), known as the Highway Commission, is hereby abolished, and all the functions, powers, and duties conferred and imposed upon said Highway Commission by law are hereby transferred to and conferred and imposed upon the National Capital Park and Planning Commission hereby constituted, and all records of said Highway Commission are hereby transferred to said National Capital Park and Planning Commission.

National Capital
Park Commission.
Vol. 43, p. 463.

Authority, etc.,

mission.

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(d) All authority, powers, and duties conferred and imposed by law on the National Capital Park Commission shall hereafter be vested in this Com: held, exercised, and performed by the National Capital Park and Planning Commission hereby constituted. All appropriations heretofore made for expenditure by the National Capital Park Commission are hereby made available for the use of the commission hereby constituted."

Approved, April 30, 1926.

April 30, 1926.

[H. R. 6774.] [Public, No. 159.]

Belgium.

CHAP. 199.-An Act To authorize the settlement of the indebtedness of the Government of the Kingdom of Belgium to the Government of the United States of America.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the settleap- ment of the indebtedness of the Government of the Kingdom of

Settlement of its war indebtedness

proved.

Vol. 42, p. 363.

Indebtedness classi

fied.

Belgium to the Government of the United States of America made by the World War Foreign Debt Commission and approved by the President upon the terms and conditions as set forth in Senate Document Numbered 4, Sixty-ninth Congress, first session, is hereby approved in general terms as follows:

The indebtedness to be funded has been divided into two classes, that incurred prior to November 11, 1918, called the prearmistice indebtedness, and that incurred subsequent to November 11, 1918, Amount to be funded called the póstarmistice indebtedness.

of prearmistice indebtedness.

without interest.

The amount of the prearmistice indebtedness to be funded is $171,780,000, which is the principal amount of the obligations of Belgium received by the United States for cash advances made prior Payments annually to November 11, 1918. The prearmistice indebtedness is payable in annual installments without interest over a period of sixty-two years, the first payment falling due June 15, 1926. Belgium is to pay the following amounts on the dates specified: June 15, 1926, $1,000,000; June 15, 1927, $1,000,000; June 15, 1928, $1,250,000; June 15, 1929, $1,750,000; June 15, 1930, $2,250,000; June 15, 1931, $2,750,000; June 15, 1932, to June 15, 1986, inclusive, $2,900,000 per annum; June 15, 1987, $2,280,000.

Funding of postarmistice principal and interest into bonds.

The amount of the postarmistice indebtedness to be funded after allowing for certain cash payments is $246,000,000, which has been computed as follows:

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Principal payable in

The principal of the bonds issued for the postarmistice indebted- installments. ness shall be paid in annual installments on June 15 of each year up to and including June 15, 1987, on a fixed schedule subject to the right of the Government of the Kingdom of Belgium after June 15, 1935, to make such payments in three-year periods. The amount of the first principal installment shall be $1,100,000, the annual principal installments to increase until in the sixty-second year the amount of the final principal installment shall be $9,600,000, the aggregate principal installments being equal to the total principal of the postarmistice indebtedness to be funded into bonds. The Government of the Kingdom of Belgium shall have the right Prior payments alpay off additional amounts of the bonds on June 15 or December 15 of any year upon not less than ninety days' advance notice.

to

The bonds issued for the postarmistice indebtedness shall bear interest from June 15, 1925, in the amounts and on the dates set forth in the following schedule: December 15, 1925, $870,000; June 15, 1926, $870,000; December 15, 1926, $1,000,000; June 15, 1927, $1,000,000; December 15, 1927, $1,125,000; June 15, 1928, $1,125,000; December 15, 1928, $1,250,000; June 15, 1929, $1,250,000; December 15, 1929, $1,375,000; June 15, 1930, $1,375,000; December 15, 1930, $1,625,000; June 15, 1931, $1,625,000; December 15, 1931, $1,875,000; June 15, 1932, $1,875,000; December 15, 1932, $2,125,000; June 15, 1933, $2,125,000; December 15, 1933, $2,375,000; June 15, 1934, $2,375,000; December 15, 1934, $2,625,000; June 15, 1935, $2,625,000 until and including June 15, 1935, and thereafter at the rate of 3 per centum per annum, payable semiannually on June 15 and December 15 of each year, until the principal of said bonds shall have been paid.

lowed.

Interest rates.

Acceptance of United

Any payment of interest or principal may be made at the option States bonds in payof the Government of the Kingdom of Belgium in any United States ment. Government obligations isued after April 6, 1917, such obligations to be taken at par and accrued interest. Approved, April 30, 1926.

CHAP. 200.-An Act To authorize the settlement of the indebtedness of the Republic of Esthonia to the United States of America.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the settlement of the indebtedness of the Republic of Esthonia to the United States of America, made by the World War Foreign Debt Commission and approved by the President upon the terms and conditions as set forth in Senate Document Numbered 7, Sixty-ninth Congress, first session, is hereby approved in general terms as follows:

The amount of the indebtedness to be funded, after allowing for the cash payment made by Esthonia, and the credit set out below, is $13,830,000, which has been computed as follows:

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Funding of principal

and interest into bonds.

Principal payable in installments.

Prior payments allowed.

Interest rates.

Optional payments to December 15, 1930.

Amounts.

Principal amount of obligations to be funded.

Credit allowed for total loss of cargo on sinking of steamship John Russ,
sunk by a mine in Baltic Sea-.

Interest accrued and unpaid thereon to December 15, 1922, at the rate
of 44 per centum a year----

Total principal and interest accrued and unpaid as of Decem-
ber 15, 1922..
To be paid in cash by Esthonia upon execution of agreement---.

Total indebtedness to be funded into bonds.

$13,999, 145. 60

1, 932, 923. 45 12, 066, 222. 15 1,765, 219.73

13, 831, 441. 88 1, 441. 88

13, 830, 000. 00

The principal of the bonds shall be paid in annual installments on December 15 of each year up to and including December 15, 1984, on a fixed schedule, subject to the right of the Republic of Esthonia to make such payments in three-year periods. The amount of the first year's installment shall be $69,000, the annual installments to increase until the sixty-second year. The amount of the final installment will be $530,000, the aggregate installments being equal to the total principal of the indebtedness to be funded into bonds.

The Republic of Esthonia shall have the right to pay off additional amounts of the principal of the bonds on any interest date, upon ninety days' advance notice.

Interest on the bonds shall be payable semiannually on June 15 and December 15 of each year at the rate of 3 per centum per annum from December 15, 1922, to December 15, 1932, and thereafter at the rate of 32 per centum per annum until final payment. The Republic of Esthonia shall have the option with reference to payments on account of principal and/or interest falling due on or before December 15, 1930, under the terms of the agreement, to make the following payments on the dates specified: June 15, 1926, $50,000; December 15, 1926, $50,000; June 15, 1927, $75,000; December 15, 1927, $75,000; June 15, 1928, $100,000; December 15, 1928, $100,000; June 15, 1929, $125,000; December 15, 1929, $125,000; June 15, 1930, $150,000; December 15, 1930, $150,000; total, Acceptance of bonds $1,000,000; and to pay the balance, including interest on all overdue payments, at the rate of 3 per centum per annum, in bonds of Esthonia, dated December 15, 1930, bearing interest at the rate of 3 per centum per annum from December 15, 1930, to December 15, 1932, and thereafter at the rate of 32 per centum per annum, such bonds to mature serially on December 15 of each year up to and including December 15, 1984, substantially in the same manner and to be substantially the same in other respects as the bonds of Esthonia received at the time of the funding of the indebtedness. Any payment of interest or of principal may be made, at the option of the Republic of Esthonia, in any United States Government obligations issued after April 6, 1917, such obligations to be taken at par and accrued interest.

for balance.

Payments may be made in United States bonds.

Approved, April 30, 1926.

April 30, 1926.

[H. R.6776.]

[Public, No. 161.]

ness approved. Vol. 42, p. 363.

CHAP. 201.-An Act To authorize the settlement of the indebtedness of the Government of the Republic of Latvia to the Government of the United States of America.

Be it enacted by the Senate and House of Representatives of the Settlement of its United States of America in Congress assembled, That the settleWorld War indebted- ment of the indebtedness of the Government of the Republic of Latvia to the Government of the United States of America made by the World War Foreign Debt Commission and approved by the President upon the terms and conditions as set forth in Senate Document Numbered 8, Sixty-ninth Congress, first session, is hereby approved in general terms as follows:

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The amount of the indebtedness to be funded, after allowing for the cash payments made by Latvia, is $5,775,000, which has been computed as follows:

Principal amount of obligations to be funded.

Interest accrued and unpaid thereon to December 15, 1922, at the rate of 44 per centum per annum..

Total principal and interest accrued and unpaid as of December
15, 1922

To be paid in cash by Latvia upon execution of agreement-

Total indebtedness to be funded into bonds.

$5, 132, 287. 14
647, 275.62

5, 779, 562, 76
4, 562.76

5, 775, 000. 00

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installments.

The principal of the bonds shall be paid in annual installments, Principal payable in on December 15 of each year up to and including December 15, 1984, on a fixed schedule, subject to right of the Government of the Republic of Latvia to make such payments in three-year periods. The amount of the first year's installment shall be $28,000, the annual installments to increase until the sixty-second year, the amount of the final installment will be $228,000, the aggregate installments being equal to the total principal of the indebtedness to be funded into bonds.

allowed.

The Government of the Republic of Latvia shall have the right Prior payments to pay off additional amounts of the principal of the bonds on any interest date upon ninety days' advance notice.

Interest rates.

to December 15, 1930.

Acceptance of inter

Interest on the bonds shall be payable semiannually on June 15 and December 15 of each year at the rate of 3 per centum per annum from December 15, 1922, to December 15, 1932, thereafter at the rate of 32 per centum per annum until final payment. The Government of the Republic of Latvia shall have the option, Optional payments with reference to payments on account of principal and/or interest falling due on or before December 15, 1930, under the terms of the agreement, to make the following payments on the dates specified: June 15, 1926, $30,000; December 15, 1926, $30,000; June 15, 1927, $35,000; December 15, 1927, $35,000; June 15, 1928, $40,000; December 15, 1928, $40,000; June 15, 1929, $45,000; December 15, 1929, $45,000; June 15, 1930, $50,000; December 15, 1930, $50,000; total $400,000, and to pay the balance, including interest on all est-bearing bonds for overdue payments at the rate of 3 per centum per annum in bonds balance. of Latvia, dated December 15, 1930, bearing interest at the rate of 3 per centum per annum from December 15, 1930, to December 15, 1932, and thereafter at the rate of 32 per centum per annum, such bonds to mature serially on December 15 of each year up to and including December 15, 1984, substantially in the same manner and to be substantially the same in other respects as the bonds of Latvia received at the time of the funding of the indebtedness. Any payment of interest or of principal may be made at the made in United States option of the Republic of Latvia, in any United States Government bonds. obligations issued after April 6, 1917, such obligations to be taken at par and accrued interest.

Approved, April 30, 1926.

Payments may be

CHAP. 202.-An Act To authorize the Secretary of War to grant to the New York, Chicago and Saint Louis Railway Company, its successors or assigns, a perpetual easement for railroad right of way over and upon Camp Sherman Military Reservation in the State of Ohio.

April 30, 1926.

[H. R. 7470.] [Public, No. 162.]

Camp Sherman MilReservation, Ohio.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary itary of War be, and he is hereby, authorized to grant and convey to the New York, Chicago New York, Chicago and Saint Louis Railway Company, a corpora- and Saint Louis Rall tion organized and existing under and by virtue of the laws of the right of way over.

way Company granted

State of Ohio, its successors or assigns, a perpetual easement, one hundred feet in width, over and upon the property belonging to the United States at Camp Sherman in the State of Ohio, at such location and upon the payment of such compensation therefor, as may be approved by the Secretary of War, with full power to locate and construct railroad tracks, sidings, switches, stations, and other appurtenances thereon and to use said property for any and all purposes Reversion for non- appurtenant to its business: Provided, That no part of the property granted and conveyed by the Secretary of War for the purposes aforesaid shall be used for any other than railroad purposes, and that when said property shall cease to be so used it shall revert to the United States of America.

Proviso.

user.

Approved, April 30, 1926.

April 30, 1926. [S. 1486.]

[Public, No. 163.]

South Brooklyn, N. Y., Army supply base.

Lease of tracks, to the the Long Island Rail

Bush Terminal, and

roads.

Proviso.

Bush Terminal Rail

CHAP. 203. An Act To authorize the Secretary of War to lease to the Bush Terminal Railroad Company and to the Long Island Railroad use of railway tracks at Army supply base, South Brooklyn, New York.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of War be, and hereby is, authorized in his discretion to enter into and execute, upon such terms and conditions as he considers advisable, a lease or leases, joint or several, to the Bush Terminal Railroad Company and the Long Island Railroad, authorizing, for the interchange of freight between said railroads during the term thereof, such use of the tracks of any Government railroad as may be maintained within the limits of the Army supply base, at South Brooklyn, New York, as will not interfere with the proper and necessary use of said tracks by the Government in the transaction and operation of its own business at said Army supply base: Provided, That any such lease to the Bush Terminal Railroad way Company to Company shall become effective only upon waiver and surrender by waive claims, etc., the Bush Terminal Railroad Company of any and all claims against the United States and the discontinuance without cost of any action now pending by said company against the United States in any manner accruing from, connected with, or growing out of the use, occupation, or curtailment by the United States of the franchise rights of said railroad company and of any and all claims of any character whatsoever against the United States, except for any balance which may be due such railroad company for the physical value of track and overhead appropriated and retained by the United States. The term of any such lease shall be for such period as the Secretary of War shall determine, not in excess of the unexpired portion of any franchise so appropriated or any renewal thereof. Approved, April 30, 1926.

against United States.

Term of lease.

May 1, 1926. [S. 2982.]

{Public, No. 164.]

District of Columbia. with owners of prop

Exchange of lands

erty in square 2822.

CHAP. 207. An Act To provide for the conveyance of certain land owned by the District of Columbia near the corner of Thirteenth and Upshur Streets northwest and the acquisition of certain land by the District of Columbia in exchange for said part to be conveyed, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Commissioners of the District of Columbia be, and they are hereby, authorized to convey to the owner or owners of parcel 84/93, and lot 31, square 2822, or to such party or parties as said owner or owners shall designate in writing, a part of the parcel numbered for purposes of assessment and taxation as parcel 84/134, owned by the District

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