The Illinois free trader. (Ottawa, Ill.) 1840-1841, 1841-03-12
the amount from the proper authority.
apd next he shall have mr. nrocure 10 he de-

the amount from the proper authority.
and next he shall have Or procure TO be de-
scribed the particular lot or land upon
which payment shall have been made,
and shall be allowed the right TO select so
much of his original purchase at his OPP
ton as the said payments will cover, de-
Quoting from the original price stipulated
thirty three and one third per centuIn.
Sec. 2. Said purchaser shall relinqulsh
all claim to the lots or lands which he may
not choose to purchase, and in writing
make his selection known TO the board OF
canal commissioners, who are hereby au-
thorized and required TO procure and de-
liver 10 such purchaser deed or patent
for the same, agreeably TO the law now in
force for patcn,ing lands and lots sold ny
canal commissioners.
Sec. 3. If any balance shall be du. to
the canal fund, the same shall be prompts
| ly paid at the rate aforesaid, but II shall IN
no case be allowed that the said board
shall issue scrip of forfeited payments
that may in any event become currency
for the payment of any other lands or lots
belonging to the canal at any other than
the amount of purchase, bu, that the same
balance, if any, shall be liquidaied by the
conveyance of lands or lots originally sold
and at the original amount or price given
at the time of purchase, with the deduc-
ton before mentioned
Sec. 4. That it may be lawful for any
purchaser 10 relinquish part of lot by
iour,hs or halves in proportion to the de-
preciated value heretofore fixed by this
act, but not by any other mode than leay-
ing to the state as much front as rear, and
in all cases of REIMBURSEMENT of lands
other than town lots, the same shall be
done in pursuance of the legal subdivisions
of the United States surveys and not less
than forty acres, nor shall the commissio-
ners transfer any lands not town lots by
any other description than by such legal
subdivisions.
Sec. 5. 1t may be lawful for any pur-
chaser as aforesaid to place his payment
which has been so forfeited on one piece
of land not a town lot, or one or more
town lots. on such particular lot or piece
of land as ne my deem proper, a; the oF!-
ginal purchase price, with the deduction
aforesaid but in no case shall it be al
lowed to any such purchaser 10 place this
payment OH any other lands or lots at any
other price or valuation than as before
mentioned.
Sec. 6. The canal commissioners shall
keep just and full record of all proceed
ings under this act, and report the same
t2 he next meeting of the general or
special session of this Legislature.
Sec. 7. The rights Of the purchasers
under the provisions o. this act may be
the subject of transfer in wiring signed
by the purchaser or his legal representa-
tive, which shall. be filed and recorded by
the board. Provided, however, that the
benefits and relief extended by the prov-
sions of this act shall not embrace any
land or town lots whatever except the
town lots sold by the commissioners of
the Illinois and Michigan Canal in the
town of Chicago and Ottawa in the year
one thousand eight hundred and thirty
six, being for the relief and benefit Of
such purchasers and none others.
w. l.. y. EWING,
Speaker OF the House Of Representatives.
5. III. ANDERSON,
Speaker Of the Senate.
Approved, Feb. 81, 1871.