Laws of the Republic of Texas, in two volumes. Volume 01. Page: 76
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.quthorizingr the President to negotiate a Loan for twenty thousand
SEC. 1. Resolved, by the senate and house of represcntativec
of the republic of Texas, in congress assembled, That the president
be, and he is hereby authorized and empowered to borrow
twenty thousand dollars, for the purpose of purchasing ammunition
and munitions of war; and that he be authorized to stipulate
foi such an amount of interest, payable at such time, as he
may be best able to contract for; and that the principal shall
be redeemed at such time as may be agreed on.
SEC. 2. Bc it further resolved, That the president is hereby
authorized to sell sufficient land scrip to raise the said sum of
twenty thousand dollars, provided, that in procuring said twenty
thousand dollars, no lands shall be sold for less than fifty cents
SEC. 3. .-+nd be it further resolved, That all islands belonging
to this republic shall be, and are hereby reserved for the
government use, except the president be authorized specially
by congress to sell them.
Speaker of the house of representatives.
President pro ten. of the senate.
Approved. Dec. 10O 1836.
.uilthortzing the President to issue Scrip to the amount of five lhun,
drcd thousand Acrcs of Land.
Stc. 1. Resolved, by the senate and house of rfpresentaltiverc
of the republic of Texas in congress assembled, That the president
be, and he is hereby authorized and required to sign land scrip
to the amount of five hundred-thousand acres, and transmit the
same to Thomas Toby of New Orletns, for the purpose of being
sold: provided, that said scrip shall not be sold for a less sum
than fifty cents an acre: and further provided, that should the
bonds of this government, to the amount of five hundred thousaud
dollars, be previously sold, then, and in that -case it shall
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Texas (Republic). Secretary of State. Laws of the Republic of Texas, in two volumes. Volume 01., book, 1838; (texashistory.unt.edu/ark:/67531/metapth45356/m1/76/?rotate=270: accessed March 20, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .