Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1856-09-20
An Act
Authorizing the Disposition and Sale of the
uniYeTsiiy Lands.

n
ths Slaie Of I'eras That it shall be- the dnly
Of the several county aud district surveyors IN
whose county or district any part OF the mn
leagues appropriated BIZ the fourth section oi
an act entitled, "An net Rppr0prnlng certain
! lands Tor the establishment Ola general system
/ OF education" approved Goth ofJanuary, Is,
may be situated TO proceed as soon ms pmcti.
cable after the passage Of this act, aud divide
the same into trac,s Of one hundred and sixty
acres each; and in dividing any tract, il there
shall be any fractional balance Of les Than
one hundred aud sixty acres, the same shall BE-
attached to the ad onius liaat The said sur.
ycyor shall cause the lines Of each tract, when
/ the same are in the timber, TO be plainly mark.
ed, aud shall establish the corner of each tract
with good and substantial materials he shall
make map oil said work. with field notes in
which each ract shall be numbered and the
! quantity thereof stated the Iincs and corners
shall he fully described; all streams of water
shall be stated, with their course and the point
/ or points at which they may ntersect any
line; aud The quantity Of timber and prairie
land, and the character Of the same ia zach
/ tract, shall b. stated us near as the same can
b. cSIimatcd-Proyided tho; dividing said
| iaad INTO one hundred and sixty acre tracts
shall consist in running section lines one mile
apart, and establishing corners at the end Of
every half mile.
! Sec. .. When said map and ield notes shall
be completed in accordance with the provisions
of the preceding section, the surveyor shall
record the same in bound book, to be kept in
/ his office for that purpose, aud return the orig
lnnls to the commissioner Of the General Land
Office, who, upon the receipt of the same, shall
notify the Governor.
SIC. 3. Arler said map and field notes shall
have been made and retsmed to the General
Land Office, as herein before provided for, it
shall be the duty of the Governor to cause
each alternate section Of Gl0 acres to be sold
IN lots OF 100 acres each, at public auction, to
the highest bidder, at the couNty seat of the
county in which the same may be situated
provided such sale, and the terms thereof shall
first have been advertised for sixty days in two
/ newspapers published nearest to the county in
which the land is situated, also in at least three
public places in said county and in at least one
| paper at the seat Of governments provided also
. that such lands Shall not be sold for less
price than three dollars per acre.
SEC. 4. That the terms Of such sale 10 be
credit OF twenty years, bearing interest at the
| rate OF eIght per cent. per annum, the purchas-
er 10 pay to the Treasurer Of the State, ut the
end OF each year after the day Of sale, the in
terest due On the purchase money, and one.
twentieth part Of the original purchase money;
the purchaser to give bond, with two or more
good securities, for the amount of the purchase
money and interest thereon, after which he
shall receive from the person making the sale
I mi ,,nc pI
and terms thereof; and whenever he shall have
fully paid the principal and interest of his pur-
chase the Commissioner of the General Land
Office shall issue to him, and his heirs aud
assigns, patient thereior-Proyllel that moth.
ing in this act shall be so construed as to pre-
vent any purchaser, his heirs OF assirus, Of
said lands, from paying at any time he NAV
desire, the whole amount of the prrchasa mo-
ney and interest and so dG;ing, he shall receive
4 patient for the scuc,
2EC 81 as often as any purchaser of said land
s'a'l '".n to pay the amount of interes! and
'nstaIlment OF his purchase, when the same is
due, the Governor shall cause the same TO be
sold again, after thirty days notice, by public
auction, TO the highest bidder, at tie county
seat of the county where the land is situated;
the terms OF such shall be, that the purchaser
| shall paw in cash tie amount then due on tbe
land, and the costs of sale, and for the residue
of the purchase money he xhall have tbe so,ne
l number of years as NAV still remain Of ,he
original credit, interest at eirht per cent. to be
mid NJ eorol onnp,l instoli,9on,r tLa n,r.Lo.
cr to give like bond and receive 4 like riff.
cate as at original sales
SEC. .: IT. at the resale of any tract of said
land, it shall fail to bring an amount sufficient
topay the principal and interest owing thereon,
and the costs of such resale, it shall be the
duty OF the Governor to cause suit to be
brought against the obligees in the bond of the
original purchaser for such deficiency; AMI il
It shall bring any more than the principal and
interest thereon, and The costs OF the resale,
the excess shall belong to the party whose
| property is SO sold. At any such sale the