ment, the transmission, the alienation, and the
hypothecation of landed property.

Second. To pay all charges and taxes, under whatever form or
denomination they may be, that are levied, or may be levied hereafter,
upon city or country property.

Third. To render them directly amenable to the Ottoman civil tribunals
in all questions relating to landed property and in all real actions,
whether as plaintiffs or as defendants, even when either party is a
foreigner. In short, they are in all things to hold real estate by the
same title, on the same condition, and under the same forms as Ottoman
owners, and without being able to avail themselves of their personal
nationality, except under the reserve of the immunities attached to
their persons and their movable goods, according to the treaties.

ART. III. In case of the bankruptcy of a foreigner possessing real
estate, the assignees of the bankrupt may apply to the authorities and
to the Ottoman civil tribunals requiring the sale of the real estate
possessed by the bankrupt, and which by its nature and according to law
is responsible for the debts of the owner.

The same course shall be followed when a foreigner shall have obtained
against another foreigner owning real estate a judgment of condemnation
before a foreign tribunal.

For the execution of this judgment against the real estate of his debtor
he shall apply to the competent Ottoman authorities in order to obtain
the sale of that real estate which is responsible for the debts of the
owner; and this judgment shall be executed by the Ottoman authorities
and tribunals only after they have decided that the real estate of which
the sale is required really belongs to the category of that property
which may be sold for the payment of debt.

ART. IV. Foreigners have the privilege to dispose, by donation or by
testament, of that real estate of which such disposition is permitted
by law.

As to that real estate of which they may not have disposed or of which
the law does not permit them to dispose by gift or testament, its
succession shall be governed in accordance with Ottoman law.

ART. V. All foreigners shall enjoy the privileges of the present law as
soon as the powers on which they depend shall agree to the arrangements
proposed by the Sublime Porte for the exercise of the right to hold real
estate.

Now, therefore, be it known that I, Ulysses S. Grant, President of the
United States of America, have caused the