The Kalida venture. [volume] (Kalida, Ohio) 1841-1865, 1852-05-28

court, on testimony, shall be satisfied
that the former apptaisement is just and
fair valuation of said lands; in that case,
the court shall make an entry Of the fact,
which entry shall be certified 10, and re
corded by the auditor, in manner afore-
said, and shall have the same effect as q
new appraisement.
Sec. 10. In case said lands are held
under permanent leases, or leases for
ninety-nine years, the legal or equitable
holder Of any such lease, wishing TO sur
render the same, and 10 purchase the fee
Of the premises go held by lease, may,
with the consent Of the trustees of the
original township TO which such lands be-
long, file his petition in the court of COM
mon pleas of the county in which the
largest portion Of such lands are situate,
setting forth description OF the prem
ses so held, the state of his lease, OF his
tile thereto, that he is desirous of sur
rendering such lease, and becoming the
owner Of tie premises in fee, and asking
the court TO appoint three disinierested
lfreebolders Of the county, and not resi-
dent Of the township wherein such lands
are situate, 10 value the same; and the
court, on being satisfied Of the truth Of
tho facts set forth in such petition, shall
appoint such appraisers, who shall pro-
ceed, under oath, TO make a just valuation
of the premises in money, without refer
ence to the Improvements made thereon,
under aud by reason Of said lease, and
shall reiurn such valuation, in writing, TO
said court; and the said court, if il shall
be satisfied that said valuation is Just,
shall confirm The same, and order it, with
the petition and other proceedings there.
in, 10 be recorded; Provided, that before
the trustees of any original surveyed
township shall consent 10 the surrender
of my lease, as provided in this act, they
shall cause the proposition TO be submit
ted 10 the electors Of said township, at an
election TO be held and conducted in
conformity TO the provisions of the Sec
ond section of this act: and il, at such
election, majority Of the electors shall
vote for such surrender, then, and not
otherwise, said trustees shall consent TO
the surrender, in manner and form as
herein provided.
Sec. ii. Any such lessee, on produ.
cling 10 the auditor OF the proper county,
within one year after making The same, /,
certified copy of such petition and ap-
praisement, and confirmation, shall be
permitted, by Endorsement thereon, a.
tested BY The auditor, TO release to The
state of Ohio all his interest, title and
claim, in and to such lease, for the bene-
fit of the township 10 which the same
may belong; which certified copy of said
record and said release, shall be recorded
III book for that purpose TO be provi'
ded.
Sec. IL. The purchaser Of any such
lands, at any auditors sale, or the lessee
of any such land held under such lease,
on executing his release as aforesaid,
shall each, forthwith, pay TO the
treasurer of the county, one-twelfih Of
the purchase money in the first case, and
one-twelfh of the valuation in the Sec
ond, and take the treasurer's receip,
therefor; and the auditor, on receiving
the treasurer's receipt for said first in
siallment. shall give to said purchaser or
lessee certificate containing the name
Of the purchaser or lessee, a description
of the premises, the number, amount
and time Of payment Of the subsequent
installments, and that said purchaser or
lessee, their heirs or assigns, on the
punctual payment of the sums still due,
with annual interest up TO the time OF
payment, shall be entitled 10 receive a
final certificate from such auditor; Pro-
vided, that such lessee snail produce TO
the auditor, the certificate OF the proper
officer, that all rents due on such premi-
ses have been paid up TO The time Of
surrendering said lease.
Sec. l3. Any person wishing to pay
any money under the provisions of this
act, in part or full payment Of any such
lands, shall first obtain the certificate OF
the auditor; of the amount due, or to be
paid; and on the presentation of the
same, the treasurer is authorized 10 re-
ceive The amoun, therein specified, and
shall give to the person paying the same,
a certificate directed to the auditor, of
the payment of said sum OF money; and
the auditor, on the presentation of said
certificate, shal! give to such person
receipt therefor, credit him with the
amount in his books, and charge the
treasurer herewith.
Sec. H. The county auditor shall
keep an account with The county treas
uror, ofall sales made, and leases surreE-
dered, and moneys paid thereon, by each
purchaser OF lessee, and report the same
10 the auditor Of state, OH the first day of
February, May, August and November,
in each and every year: and from the
time Of such report, the state shall be
liable 10 pay interest on all such sums 80
reported as paid; and the treasurer OF
slate, on receiving certified copy Of the
account from the auditor Of state, shall
ho aI,tbor1e,l limmediately IN draw eaid |