The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1846-11-26

cannot fsil n bring nlhsT FssnRFeft il llrht,
sasl greedy hyorlh ruIsults 81 MlRlss
5nnd Mnnai aefnEieE G. Pursui,K 81 inGnlfs
adFan1Es % FlssllR baEiRg - isW arif
ities q kFsnsPGFasliea - eRFsflKeF. Nhlls
minuse sKsminalipn q aar soiis. By TER
sons uniaing scirsce ssd psseliesi skal =
AgEarugsrre. I'll y pgulucsiss II imFspFe.
ment = Isl ussfal hfsnrh ~ intusas ).
and must d'snily Al slrEaae i i he &C.
neFai esaeem- 80
AgFet4hly - - Aes IL ne lasi Ses-
sim. eatiiied : Az sci more elEersnaily q
serure he debts due fnr Cherokee lands.
ard l0fsrilitsle he reilrrli0n &c ne same, :
: Beard of commissioners vas eonstitu.
led 10 make inquiry - - shs folssaey
Of he nbligors. wha were prineiples ID
The bonds held by he Slais or pnrehss.
e. nj CheFOkee Lands. Tie said Beard
reported II me = he resulicl along and
iabori0us investigation. serarsle Isis II
those loGnd solvent and ins0lFtnl accnrs.-
inely. And those principal dsb'oss. y 10
were reported insrlEenl. having surTen-
deTed he lands, fsg The parehase - which
said bends we're fxeculed. into die pos.
session II The agent If The Sisge, and AaE.
inc severally eKerased and delivered 10 me
deeds az surrender and Fslesse, 4 sr!aim-
ing 81 right under such purchases. and 10
The Reimbursement ~ any monies psid
on arccuni lhereef. by siIlnc &C he pom.
er sesled in me hy saiJ aei. male IN or
der on The Public Treasurer. directing The
bonds in al such rases. 10 be delivered up
10 Tire agent of The Stale. residing in Ma.
con County. foF cancellation. This Or
der. dated The ID ef A lril lasi. embraces !
lisl or bonds amounting in the aggregate
10 the sum Of sl52.3I2 81. Ii consisl-
Grafton of which. The State became REIN
vested with lille and possession u lhe
lands surrendered - before stated. As q
lull year was 10 elapse between The time
when tile Sla'e's ngi NJ was pun in posses-
sim Of these lands. and the rise ii he I.e.
gislainTe, Il was considered best for The
public interest. - well as fnr The persons
surrenderirg, that they should be restored
10 possession of The lands a. tenants of
The Stalls. The agent Of Cherokee lands
was. therefore, instructed 10 lease The Sc
seral tracts and their Improvements for
twelve months. taking care 10 give pre-
ference TO the late owners, and requiring
only moderate amounts for The rent. hui
with stipulation for returning the PIE
misses in as good repair as they were IN
Al that time. This was attended 10 hy
The agent, and The bonds lor rent are in his
hands.
IL viii be an important pari Of your
present duties, 10 direct further disposi-
zion Of these lands, which have again be-
come The property Of The Stale. They
were sold in 1896 and 1898. on credit las
70 The greatest part oil The purchase mon
cyl ard a high prices. The purchasers
being unatle 10 pay or their bonds as
they became due. pciiiioned The Legis-
lature for relief. Hence. The act Of The
last Session. allowing re session ol The
bargain. BY surrender Of The land aud re-
= - ---' e III si~;.ss r,rrhase mo-
ney iheret"fure paid on line one side, and
cancellation Of the bonds on The other,
IN all cases where il should be ascerlain.
ell tl,at the purchaser could not discharge
the debt himself without calling on hi
surisies as provided in said act.
After This experience on orr pari, as wrlI
a. that If The FeIlersl Government. in re-.
laiion 10 it, lands, many years ago, !, does
mol seem 10 be wise policy to order an
other sale on credit. Considering on HE
other hand, that the purchasers al Tie for
mer sales were required 10 pay down in
cash one-eighth part &c the prices then
bid-Ihat they hare since made paymems
into the Treasury of ccHsislerst,le amounts
on il'clr bonds--lhat they are settled on
these lands and have assoriaied with them
,hr entlrsrments Of home, il seems hard.
ly just 10 expose them a. an auction sale. |
Tor cash. therefore advise that. AZ 10
all The surrendered land, some mode be
adopted, Of aflixing a fair valuation on
each tract, by persons of competence and
probiiy. and that the surrenderers be per-
miiied TO take them, on paying sucl, val
nation IN cash BY given ,lay thereafter !;
otherwise, that the land shall be sold at
public sale. 7'@ sse@s@s >4s@s sT~s.*s |
y may mt be remembered BY You, that
only such OF these lands, as were estina-
ted al aud above twenty cents per acre in
1896, were Surveyed and brough, into
market The residue was directed /" to
remain subject to the disposition of a fn-
lure Legislature. and shall not be liable 10
be entered in The Entry Takers office, /
Dc. Ten years hare passed away since
'le passage Of ,ha, Act, and no further
disposition has been directed Of these
lands, exceptih>t lie bounty in land for
bpI.aing Iron Works. has been extended
70 that country, and Two tracts Of tIlrse
Thousand acres each have bten granted
under that Law No.reason il r,erce;y.
ed for longer delay in the sale 81 these
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