[2nd Peace of Paris. Claims of British Subjects.]

which the Confiscations and Sequestrations took place and those which have since arisen, such other proof shall be admitted as the Commissioners of Liquidation hereafter mentioned shall judge sufficient in lieu thereof.

Facilities to be afforded by French Government.

The French Government further engages to facilitate, by every means, the production of all Titles and Proofs serving to substantiate the Claims to which the present Article refers, and the Commissioners shall be authorised to make all search, which they shall judge necessary, to arrive at such information, and to obtain the production of such Titles and Proofs; they shall also be empowered to examine upon oath, in case of need, such persons employed in the public offices as may have it in their power to point them out or to furnish them.

Determination of Value of Immovable Property.

The value of the said Immovable Property shall be determined and fixed by the production of an extract of the "Matrice" of the "Rôles" of the "Contribution Foncière" for the year 1791, and at the rate of twenty times the revenue mentioned in the said "Rôles."

If the "Matrices" should no longer exist, and that it should therefore be impossible to produce the extracts, the claimants shall be authorised to furnish such other proofs as shall be admitted by the Commission of Liquidation mentioned in the following Articles.

Capital to be Inscribed in Great Book of Public Debt.

The Capital thus liquidated and allowed shall be inscribed upon the Great Book of the Public Debt of France, at the rate which has been fixed in Article IV for the Inscription of the arrears of the Annuities; and the Inscriptions shall bear date, and shall bear Interest, from the 22nd of March next inclusively.

Interest on Arrears due upon Capital.

The Arrears upon the said Capital, from the period of its Sequestration, shall be calculated at the rate of 4 per cent, per annum, without deduction, and the whole amount of those arrears, up to the 22nd March next exclusively, shall be inscribed in the Great Book of the Public Debt of France, at the rate above

[2nd Peace of Paris. Claims of British Subjects.]

mentioned, and shall bear Interest from the 22nd March next inclusively.

Rules determinining Capital due on Arrears.

ART. VI. In order to fix the Capital as well as the Arrears which shall be due to such of the Subjects of His Britannic Majesty, whose Movable Property in France has been Sequestered, Confiscated, and Sold, or to their heirs or assigns, Subjects of His Britannic Majesty, the following process shall be had:

Proofs to be produced by Claimants.

The Claimants shall be obliged to produce: 1st, the Procèsverbal, containing the inventory of the movable effects seized or sequestrated; 2ndly, the Procès-verbal of the sale of the said effects, or in default of proofs in writing, such other proof as the respective Commissioners of the two Powers shall judge sufficient in lieu thereof, according to the principles established in the preceding Article; the French Government engaging, in this respect, to give the same facilities, and the Commissioners are authorised to make the same search, and to take the same measures, as have been detailed in the foregoing Article with respect to immovable property. The amount of the Stock arising from the seizures and sales of the Movable Property shall be thus determined; regard being always had to those periods during which paper money was in circulation and to the fictitious augmentation of prices resulting therefrom.

Capital allowed to be Inscribed in Great Book of Public Debt.

The Capital liquidated and allowed shall be inscribed upon the Great Book of the Public Debt of France, at the rate which has been fixed by the preceding Articles, and the Inscriptions shall bear date, and shall bear Interest, from the 22nd of March next inclusively.

Arrears of Interest to be Inscribed in Great Book of Public Debt.

The Arrears liquidated and allowed, due upon the said Capital, from the period at which the Claimant was deprived of the possession of his or her Movable Property, shall be calculated at the rate of 3 per cent. per annum, without deduction, and the whole amount of the said Arrears, up to the 22nd of March next exclusively,

[2nd Peace of Paris.

Claims of British Subjects.]

shall be inscribed upon the Great Book of the Public Debt of France, at the rate above-mentioned, and shall bear Interest from the 22nd March next inclusively.

Vessels, Ships, Cargoes, and Movable Property not to be admitted to Liquidation.

The Vessels, Ships, Cargoes, and other Movable Property which shall have been Seized and Confiscated, either to the profit of France or to the profit of the Subjects of His Most Christian Majesty, in conformity with the Laws of War and the prohibitory Decrees, shall not be admitted to the liquidation, nor to the payments mentioned in the present Article.

Claims for Loans and Mortgages on Sequestered Property.

ART. VII. The Claims of the Subjects of His Britannic Majesty, arising from the different Loans made by the French Government, or from Mortgages upon Property Sequestered, Seized and Sold by the said Government, or any other Claim whatsoever, nor comprised in the preceding Articles, and which would be admissible according to the terms of Additional Article IV of the Treaty of Paris of 1814 (No. 1), and of the present Convention, shall be liquidated and fixed; adopting with respect to each Claim the modes of admission, of verification, and of liquidation, which shall be conformable to their respective natures, and which shall be defined and fixed by the Mixed Commission mentioned in the following Articles, according to the principles laid down in the above Articles.

Claims to be Paid in Inscriptions on the Great Book.

These Claims thus liquidated shall be paid in Inscriptions in the Great Book at the rate above-mentioned, and the Inscriptions shall bear date, and shall bear Interest, from the 22nd of March next, inclusively.

Advantages secured to Claimants by Edicts or Decrees.

In the cases wherein the Edicts or Decrees constituting the Claims above-mentioned shall have assured to the Creditors the reimbursement of the capitals, and other profitable conditions or favourable chances, account shall be had thereof to the benefit of the Claimants, as detailed above in Article II.

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Division of Inscriptions arising to each Creditor.

ART. VIII. The amount of the Inscriptions arising to each Creditor, from his Claims liquidated and allowed, shall be divided by the Commissioners of Deposit into 5 equal portions; the first of which shall be delivered immediately after liquidation, the second 3 months after, and so on with respect to the other portions every 3 months; the Creditors will nevertheless receive the interests of the whole of their debts. liquidated and allowed, from the 22nd of March, 1816, inclusive, as soon as their respective Claims shall have been allowed and admitted.

Capital to be Inscribed as a Fund of Guarantee in the Name of

Commissioners.

ART. IX. A Capital, producing an Interest of 3,500,000 francs, commencing from the 22nd of March, 1816, shall be inscribed as a fund of guarantee in the Great Book of the Public Debt of France, in the name of two or four Commissioners, the one-half English and the other half French, chosen by their respective Governments.

Commissioners to receive the Interest for the profit of Creditors.

These Commissioners shall receive the said Interest from the 22nd of March, 1816, every 6 months; they shall hold it in deposit, without having the power of negotiating it, and they shall further be bound to place the amount of it in the Public Funds, and to receive the Accumulated and Compound Interest of the same, for the profit of the Creditors.

Amount of Inscriptions to be Increased to meet the necessary Payments.

In case the 3,500,000 francs of Interest shall be insufficient, there shall be delivered to the said Commissioners Inscriptions for larger sums, until their amount shall be equal to what may be necessary to pay all the Debts mentioned in the present Act. These Additional Inscriptions, if there shall be any, shall be delivered, bearing Interest from the same period as the 3,500,000 francs above stipulated, and shall be administered by the Commissioners, according to the same principles, so that the Claims which shall remain to be paid, shall be paid with the same proportion of Accumulated and Compound Interest, as if the fund of guarantee had been from the first sufficient; and as soon as all the payments

[2nd Peace of Paris. Claims of British Subjects.]

due to the Creditors shall have been made, the surplus of the interest fund not employed, with the proportion of Accumulated and Compound Interest which shall belong thereto, shall, if there be any, be given up to the disposal of the French Government.

Certificates to be delivered to Creditors.

ART. X. In proportion as the Liquidation shall be effected, and as the Claims shall be allowed, distinction being made between the sums representing the Capitals, and the sums arising from the Arrears or Interest, the Commission of Liquidation, which shall be mentioned in the following Articles, shall deliver to the Creditors, allowed to be such, two Certificates for the value of the whole Inscription to be made, bearing Interest from the 22nd of March, 1816, inclusive; one of the Certificates relating to the Capital of the debt, and the other relating to the Arrears or Interest liquidated, up to the 22nd of March, 1816, exclusively,

Certificates to be inscribed in the Great Book of the Public Debt.

ART. XI. The Certificates above-mentioned shall be delivered over to the Commissioners holding the Annuities in deposit, who shall check the same, in order that they be immediately inscribed in the Great Book of the Public Debt of France, to the debit of the deposit fund, and to the credit of the new creditors, acknowledged as such, bearers of the said Certificates; care being taken to distinguish the Perpetual from the Life Annuities.

Interest and Capital to be paid to Creditors by the Commissioners.

And the said Creditors shall be authorised from the day of the definitive Liquidation of their Claims to receive, for their profit, from the said Commissioners, the Interests which are due to them, together with the Accumulated and Compound Interests, if there be any, as well as such portion of the capital as shall have been paid, according to what has been regulated by the preceding Articles.

Delay to be allowed to Claimants.

ART. XII. A further delay shall be allowed, after the signature of the present Convention, to the Subjects of His Britannic Majesty, who shall have Claims upon the French Government, for the matters specified in the present Act, in order that they may bring forward their Claims and produce their Titles.