Summary

THE SECRETARY OF THE INTERIOR IS DIRECTED TO RETAIN IN HIS CUSTODY UNTIL OTHERWISE DIRECTED BY LAW ALL ROYALTIES AND OTHER PROCEEDS AND INCOME RECEIVED BY THE GOVERNMENT FROM THE RED RIVER OIL LANDS. THE SECRETARY OF THE INTERIOR IS AUTHORIZED TO PRESCRIBE THE FEES AND COMMISSIONS TO BE PAID THE REGISTER OF THE LAND OFFICE ON ACCOUNT OF BUSINESS TRANSACTED UNDER THE ACT OF MARCH 4. 1926: I HAVE YOUR LETTER OF JANUARY 26. IS AS FOLLOWS: THE SECRETARY OF THE INTERIOR IS DIRECTED TO RETAIN IN HIS CUSTODY UNTIL OTHERWISE DIRECTED BY LAW THE 12 1/2 PERCENTUM AND OTHER ROYALTIES HERETOFORE OR HEREAFTER RECEIVED BY HIM IN PURSUANCE OF PUBLIC ACT NUMBERED 500. APPEARS THAT LEASES WERE GRANTED AS OF DECEMBER 1.