Know ye, that:  Whereas, by an Indenture made the 2d day of July, in the year of our Lord one thousand eight hundred and ninety-eight between Sanford B. Dole, President of the Republic of Hawaii for and in behalf of the Hawaiian Government of the one part and the Pacific Cable Company, a corporation organized and existing under the laws of the State of New York of the United States of America, of the other part, there was granted, conceded, and confirmed unto the party of the second part and its successors and assigns the right and privilege to lay, construct, land, maintain and operate telegraphic and magnetic lines or cables from a point or points on the Pacific Coast of the United States to a suitable landing place or places to be selected by the party of the second part in the Hawaiian Islands with terminus at Honolulu, Island of Oahu, and from and beyond the Hawaiian Islands to Japan and any islands or places necessary for stations for such cables between the Hawaiian Islands and Japan that lie north of the tenth degree or parallel of north latitude in the North Pacific Ocean, as an exclusive right and privilege together with an exemption from duties, charges, and taxes for and during the term of twenty years from the date expressed in said Indenture, to wit, the 21st day of June, A.D. 1898,—­said right, privilege, and exemption being subject to the terms and conditions set forth in said Indenture;

And whereas among said terms and conditions it is declared and agreed by said Indenture that the party of the second part within two years from the approval (within eighteen months from the date of said contract) of an act by the Congress of the United States authorizing the party of the second part to construct and operate a submarine cable line between the United States and the Hawaiian Islands shall construct, lay in proper working order, and establish a submarine telegraph cable from a point or points on the Pacific coast of the United States to a landing place or places in the Hawaiian Islands with terminus at Honolulu, Island of Oahu, according to the specifications of said Indenture, and further, within three years from the approval of such act by the Congress of the United States, shall in like manner construct, lay in proper working order, and establish a submarine telegraph cable from a point or points at or near said Honolulu to Japan;

And whereas it is provided by said Indenture that the contract therein made and set forth shall not take effect, if at any time within six months from the date thereof, to wit, the 2d day of July, A.D., 1898, “the United States State Department” shall express its disapproval thereof;

And whereas, pursuant to a Joint Resolution of the Senate and House of Representatives of the United States of America in Congress assembled, approved July 7, 1898, to provide for annexing the Hawaiian Islands to the United States, the sovereignty of the said Hawaiian Islands was yielded up to the United States on the 12th day of August, A.D., 1898, becoming thenceforth vested in the United States of America.