the
United States at the time of the annexation.
"Fourth. The United States, in consideration of said establishment of
boundaries, cession of claim to territory, and relinquishment of claims,
will pay to the State of Texas the sum of $10,000,000 in a stock bearing
5 per cent interest, and redeemable at the end of fourteen years, the
interest payable half-yearly at the Treasury of the United States.
"Fifth. Immediately after the President of the United States shall have
been furnished with an authentic copy of the act of the general assembly
of Texas accepting these propositions, he shall cause the stock to be
issued in favor of the State of Texas, as provided for in the fourth
article of this agreement: _Provided also_, That no more than $5,000,000
of said stock shall be issued until the creditors of the State holding
bonds and other certificates of stock of Texas for which duties on
imports were specially pledged shall first file at the Treasury of
the United States releases of all claim against the United States
for or on account of said bonds or certificates in such form as
shall be prescribed by the Secretary of the Treasury and approved by
the President of the United States: _Provided_, That nothing herein
contained shall be construed to impair or qualify anything contained in
the third article of the second section of the 'Joint resolution for
annexing Texas to the United States,' approved March 1, 1845, either as
regards the number of States that may hereafter be formed out of the
State of Texas or otherwise;" and
Whereas it was further provided by the eighteenth section of the same
act of Congress "that the provisions of this act be, and they are
hereby, suspended until the boundary between the United States and the
State of Texas shall be adjusted, and when such adjustment shall have
been effected the President of the United States shall issue his
proclamation declaring this act to be in full force and operation;" and
Whereas the legislature of the State of Texas, by an act approved the
25th of November last, entitled "An act accepting the propositions made
by the United States to the State of Texas in an act of the Congress of
the United States approved the 9th day of September, A.D. 1850, and
entitled 'An act proposing to the State of Texas the establishment of
her northern and western boundaries, the relinquishment by the said
State of all territory claimed by her exterior to said boundaries and of
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