Volume 49
Public Law 74–220
Providing for the suspension of annual assessment work on mining claims held by location in the United States.
Approved June 13, 1935
Statutory text
AN ACT
Providing for the suspension of annual assessment work on mining claims held by location in the United States.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the provision
Public lands.
Mining claims assessments, suspended for fiscal year 1935.
R. S., sec. 2324, p. 426.
U. S. C., p. 1333.
of section 2324 of the Revised Statutes of the United States, which requires on each mining claim located, and until a patent has been issued therefor, not less than $100 worth of labor to be performed or improvements aggregating such amount to be made each year, be, and the same is hereby, suspended as to all mining claims in the United States during the year beginning at 12 o’clock meridian July 1, 1934, and ending at 12 o’clock meridian July 1, 1935: Provided,
Proviso.
Claimant not exempt from Federal income tax excluded.
That the provisions of this Act shall not apply in the case of any claimant not entitled to exemption from the payment of a Federal income tax for the taxable year 1934: Provided further, That every
Notice to be filed.
claimant of any such mining claim, in order to obtain the benefits of this Act, shall file, or cause to be filed, in the office where the location notice or certificate is recorded, on or before 12 o’clock meridian, July 1, 1935, a notice of his desire to hold said mining claim under this Act, which notice shall state that the claimant, or claimants, were entitled to exemption from the payment of a Federal income tax for the taxable year 1934: And provided further, That such suspension
Number of lode-mining claims limited.
of assessment work shall not apply to more than six lode-mining claims held by the same person, nor to more than twelve lode-mining claims held by the same partnership, association, or corporation: And provided further, That such suspension of assessment
Placer-mining claims.
work shall not apply to more than six placer-mining claims not to exceed one hundred and twenty acres (in all) held by the same person, not to more than twelve placer-mining claims not to exceed two hundred and forty acres (in all) held by the same partnership, association, or corporation.
Approved, June 13, 1935.