Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1858-09-29


So Sections aud frse. Scc's.-352 Tracts.
IL HUNT COUNTY.
SURVEYS numbered |, ), 5, 7, 0, II, 10, Is, IL,
TO- 81, %, %, q, 90, 81 33, IS, 81, 80 and Al.
81 Tracts.
~ M'LRNSAS COUNTY.
Sections and Fractional Sections numbered
3, 5, !. s, 10, IL, l6, II. 10, 90 "a, 26, 2S, 80
80, So, 81 So Al, ~, IS, A., 40, 80, 50, "a, So
| 81, %, OIL 63 and 65.--33 Scctons-l32 Tracts
! TERMS or sAiB,
| None of said lands can be sold for less than
three dollars per acre Sections 1, 8, II and Is
Of the law are as follows:
SEC. 4. That the terms of such salo be a ore
dit Of twenty years, bearing interest at tho rate
Of eight per cent. per annum. the purchaser to
pay to tho Treasurer of tho State. at the end OF
each year, after the day of sale, the interest due
on tho purchase money and one-twenticth part
Of the original purchase money. The purchaser
TO give bond with two more good securities.
for the amount of tho purchase money and inter-
est thereon, after which he shall receive, from the
person making the sale, n certificate of his pur
chase, and the amount aud terms thereof, and
whenever he shall have fully paid the principal
and interest of his purchase, the Commissioner
of the General Land Office shall issuc to him and
his heirs and assigns, a patent Provided, That
nothing in this act shall be so construed as to-
prevent any purchaser, his heirs, or sssins Of
su I'll lands from paying, at any time he may de-
sire, the whole amount of the purchase money
and interest, and so doing he sasll receive a pa
tent for the same.
SIC 8. AS often as any purchaser of said
lands shall fail to pay the amount Of in crest and
installment of his purchase, when the same Is
due, the Governor shall cause the same 10 be sold
again, after thirty days notice, by public suc-
ton, to the highest bidder, at the county seat of
the county where the land is situat ted, the terms
of such sale shall be that the purchaser shall pay
in cash the amount then due on the land and
the costs of the sale, and for the residue of the
purchase money no shall have the same number
of years as there remain to run on the original
credit, interest at eight per cent to be paid there
on annually, and the principal to be paid al
equal annual nstallments the purchaser to give
a like bond and receive like certificate as at
original sales.
SEC IL. Each settler upon any of said tracts
Of land offered for sale, shall have the right to
take the tract upon which his improvements, or
tho greater part thereof, shall be situated at the
highest and the best bid that may be offered for
the same prorided, that such bid shall not be
less than three dollars per acre,
SEC. l3. That parties purchasing under the
provisions of this act, shall have the right to sell
the land purchased by him or her. under the pro-
visions of this act, at any time, but the land so
sold shall in all cases be held liable for the rrin-
cipal and interest unpaid under any sale in favor
Of the State, and a first lein or mortgage is here
by declared to exist in favor of the State. Sc
curity for the payment of principal and interest
to all lands sold as above prescribed.
Persons desiring further information may ar-
ply at the General Land Office, or to the Survey
ors Of the counties in which the lands are situa-
ted, or to nc in person, at each place of sale,
where shall be for several days previous to
opening the sales. The sales will he made by
The official map furnished from the General Land
Office.
Purchasers must be prepared to execute notes
With two or more good securities, and receive
heir titcs-othcrwis the land bid of by them
will be re-sold before the close of the sale.
JOHN HENRY BROWN.
Anrms -th lS1S-1.Qt