Payment of Interest in Cherokee Judgment volume 2
Payment of Interest in Cherokee Judgment volume 2
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To quickly assess the difficulty of the text, read a short excerpt:
I have only made the calculation on item 4. Because it belonged to the principal of the Cherokee national fund.
Mr. Hastings. That was an interest-bearing fund?
Mr. BoroiNOT. Yes, sir; a 5 per cent interest-bearing fund. In- terest on the amount of item 4 ought to have been paid — and it would have l)een paid but for this clerical error — up to the date of appro- printi(m. The letter of the Secretary concedes that, but says that he is not ready to say whether we should have interest on this inc...reased amount from July 2, 1906, up to the date of payment.
ISIr. KoNOP. That is the same proposition as in items 1, 2, and 3, interest from July 2, 1906, to March 15, 1910?
Mr. BoDDiNOT. As to item 2, March 15, 1910 ; but these other items belong to different funds, and the total sum involved is from July 2, 1!)06, until paid, whatever the date might be. They might have been paid before March 15, 1910.
Mr. Hastings. Only up to the date of payment?
Mr. BoFDTNOT. Yes, sir. I am contending that they were interest- bearing funds, and until paid they should bear interest.
What to read after Payment of Interest in Cherokee Judgment volume 2?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On India to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
I have only made the calculation on item 4. Because it belonged to the principal of the Cherokee national fund.
Mr. Hastings. That was an interest-bearing fund?
Mr. BoroiNOT. Yes, sir; a 5 per cent interest-bearing fund. In- terest on the amount of item 4 ought to have been paid — and it would have l)een paid but for this clerical error — up to the date of appro- printi(m. The letter of the Secretary concedes that, but says that he is not ready to say whether we should have interest on this inc...reased amount from July 2, 1906, up to the date of payment.
ISIr. KoNOP. That is the same proposition as in items 1, 2, and 3, interest from July 2, 1906, to March 15, 1910?
Mr. BoDDiNOT. As to item 2, March 15, 1910 ; but these other items belong to different funds, and the total sum involved is from July 2, 1!)06, until paid, whatever the date might be. They might have been paid before March 15, 1910.
Mr. Hastings. Only up to the date of payment?
Mr. BoFDTNOT. Yes, sir. I am contending that they were interest- bearing funds, and until paid they should bear interest.
What to read after Payment of Interest in Cherokee Judgment volume 2?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On India to read onlineMoreLess
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