The Tipton advertiser. [volume] (Tipton, Cedar Co., Iowa) 1856-1962, 1858-05-08

its population.
| S4. These portions Of the permanent
fund enumerated in the second, third.
aud fourth subdivisions of section lst of
this act are hereby made payable to the
eouaty treasuser of the different coun-
ties Ia which the lands may be situated
or the proceeds Of sales of said escheated
estates are to be accounted for by The
county treasurcrs respectively to the
county judge.
%. The temporary funds cnumera-
ted in section of this act are lereby
made payable to the county treasurer of
the several counties in which they are
incurred or arise respectively, which
shall be accounted for to the county
judge of said county, who shall appor-
tio1 the same among the several school
districts of said county as provided by
| law.
g. On the first Monday in March
annually the state auditor shall apportion
the interest of the permanent school fund
among the several organized counties of
this State, i'll proportion to the number
of persons between FIVE and twenty -one
years of age in each, aud in order to en-
able him to make such apportionment it
is hereby the duty of The superintendent
OF public instruction to report to said
auditor on the first Mondsy of February
annually, the number Of such persons in
such organized county as shown by the
reports from the several county superin-
| tendeuts.
81. The county Judge shall annually
on the first Monday OF February, make
out and transmit to the State auditor n
report Of the amount of interest then in
the hands of the treasurer Of sa coun-
ty, also the amount, if any, remaining
unpaid.
IS. The State auditor shall immedi-
ately after making Il e apportionment re-
qulred in section 6 of this act, notify the
county judge Of eaoh county of the sum
to which his county IS entitled by SAID
apportlonment, and shall ascertain from
the reports of the different county Judges
what amount of the income or interest
OF the permanent school fund as stated
in section ] of this act is in the hands
of the treasurer Of said county, and if
any county shall have less of said men
toned interest or income than said coun-
ty Is entitled to by said app0rtionmeut.
then the State auditor shall issue his
warrant for the deficiency, which warrant
shall be signed by the county Judge of
said county, and deposited with the coun-
ty treasurer, and charged against him as
SO much interest or income on the per-
manent school fund, AMI shall be author
ity for the said treasurer to transfer the
amount Of said warrant from the State
tax in his hands to the interest or income
OF the permanent school fund, and said
warrant shall be received by the State
treasurer as SO much State tax; and in
case any county shall have an excess of
interest or income, then the treasurer of
said county sh. Il pay over said excess to
the State treasurer which excess shall be
received as so much State tax.
50. 1t shal! be the duty Of the trus-
tees Of the several townships in this
State, at as early day as may be convcn-
lent after township election next succeed
ing the passage of this act, or after the
organization of new townships. and
within the period Of at most three months
thereafter, to proceed to make all exalni
n ton of the 10Th section in their re-.
spective townships. or lands granted IN
lieu thereof, and to lay out or cause the
same to be laid out and allotted into such
parcels as in their judgment may be best
to advance the interests Of the school
fund, aud in such allotments conforming
as far as may be consistent with the in
terests Of the said fund to the legal sub
divisions of the United States survey,
and they shall place a true value upon
each parcel which value shal! not be less
than at the rate Of two dollars and fifty
cents per acre.
s 10. Within thiuy davs after a,lot.
ment valuation by said township trustees
they shall certify to the county ipaoc of
the proper county the allotment thew bare
made, together with their valuation of
the different parcels respectively, and it
shall be the duty Of the county Judge to
examine the same, and in case Of his ap-
proTal to make record thereof in his
Office; and in case he disapproves, he
shall, within thirty days after the receipt
thereof, direct new allotment or valua-
ton, either or both, as the case may sem
to require, and On the return Of the same
to make record thereof.
Sill Within three months after such
allotment and valuation shall have been
completed, returned and made record
Of by the county judge, the county Judge
together with the trustees Of the town
ship in which the lands arc situated,
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