Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1851-03-20
AN ACT for The benefit Oftls common schools Of Boone

AN ACT for the benefit othe common schools of Boone
county
ndaa Thatthe Commissioners county may
meeting next alter the psssse act OF at any
funds for the support OF common schools OF said County
county auditor Of said county rake sale of all any portion
the lands in said county heretofore mOrsd to the State Of
saline bank tax common school or conversational township
school commissioner surplus revenue AGENT and which have
al price not less than the original loan on SAID
Sac The conditions of all sales contemplated by the pre-
eedng section shall be the third Of the purchase money
paid on the day Of s one third in two years and the
with interest on the amount such purchase unpaid at the rate
of seven per cent per snnum annually in advance.
required Of him By this SHALL such said
sale ordered pursuance the first section OF this
SEC. ANY such sale offer sell shall be made the
acting such at by authorizing
order SALE
S. s Ss e s o
SEC Should tract offered contemplated by the
may private under the restrictions
SEC s. The purchaser at an~ such sale shall Immediately
thereafter the application Of the auditor the
The nd for which sd LAM need one third nT Of Inc
advance and each subsequent payment OF principal or interest
file the receipt therefor with county auditor shall
SEC 4 The purchaser any such SALE shall execute to the
State OF Indiana and file with the county auditor bond in
security to the Of the county auditor
conditioned that said purchaser will
destruction OF any improvements timber COAL gravel stone,
the land that will sold
removed from the premises any valuable timber stone
except the be done for the improvement of the by
erection of buildings other thereon
the repairs thereof and that failure to pay pstalment
the contract between the purchaser his heirs assgnees
be considered cancelled and the auditor
coed advertise and sell said premises the principal
the payment of loans OF said funds NAV at the time be
posed to sale on failure 10 interest principal and will
surrender the of the said the State
SEC The county auditor acting such the
senaon Of the receipts contemplated by 9th this act
for first payment Of principal and interest," fling
bond required by the 9TH secen of this shall make and
of said board Of commissioner particularly describing
lot Of land sold the individual entitled thereto
which The Sold vet pur
chase payment the residue ON such and
interest and costs that have accrued thereon under the
visions of the second Of act said purchaser
heirs viii eii ed 10 deed for The land or lot described
in satd certificate
All assignments certificates this act shall be made
IN tue assignments certificates of sale school
secos and ali Ech assignments made shall all the rights
and interests Of the asgOr the assignee fully had
been the original purchaser
The payment and certificates required by this act
shall duly purchaser or his heirs
or assigns 10 the possession of the penses desbed in said Ger
ufca and the profits thereof long
sad bond and law fully comp with and the county auditor
empowered bring suits The of the State OF nd-
necessary carry effect the provisions
SIC H. On the full Of the purchase money and all the
interest and due thereon the cond Of
the auditor the acting shall presen
tan the certificate OF purchase make and acknowledge
deed Of conveying all of the
Of Indiana and such land the purchaser
hereafter be prescribed by law, county
Gitor for The the sale and Of forfeited lands
81 H. s act 10 be IN iorce from and alter and
the fling OF certified copy thereof in the Office The Auditor
Boone county
Speaker of the House Of Representatives.
JAS. P. MILLlKlN,
President Of the Senate