Agreement.

[translation.]

The undersigned, Leslie Combs, envoy extraordinary and minister plenipotentiary of the United States of America to the Government [Page 369] of Honduras, and Alberto Membreno, secretary of state in the department of industrial development and public works, especially authorized; after the various conferences which have taken place between Mr. Combs and the Government of Honduras for the adjustment of claims brought by the family of the American citizen, Charles W. Renton, and the estate of Mr. Jacob Baiz, also American; have agreed to terminate said claims by means of the following agreement:

I.

The Government of Honduras will pay to the representative of the American Government, as a sum total, final adjustment, and in complete satisfaction of the pending claims to which reference has been made, the sum of one hundred and twenty thousand pesos, silver, of legal circulation in Honduras, in monthly installments of three thousand pesos each.

(Note.—Of this sum 78,607.82 pesos are to be applied to the Renton claims, and 41,392.18 pesos to the Baiz claim.)

II.

These monthly installments shall be paid by the custom-house of Puerto Cortes to the American consul of that place the last day of each month; payments to commence December 31st next.

III.

None of the quantities mentioned in the present agreement shall bear interest.

IV.

The United States minister declares definitely closed the Renton and Baiz claims, to which reference is made in his notes of March 25, September 28, and November 24, 1904; claimants being unable, at any future time, to allege pretensions or rights that have any relation with either of these questions.

Leslie Combs
. [seal.]
Alberto Membreno
. [seal.]