Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1858-09-01

IS Sections and frac. iSec's.-352 Tracts.
IN HUNT COUNTY. +.
Surycyn numbered l,;3, 5, 10. IL, I3, Is, IL,
10, 81. 90, 25, 21, 90, 81, 49, 81, 81: 80 and Al.
-2l Tracts.
IN M'LENNAN COUNTY.
Sections and Fractional Sections numbered |
g., 5, rs, 10, ~, l6. II. 10, 20, "a, 26, %, 81,
33, 35, 81, SO. Al, 43, As, Al, 40, so, SO, "a, So,
81, so, 81, 63 and G5.-33 Sections-l32 Tracts.
TERMS OF SALE.
None of said lands can be sold for less than
three dollars per ftrc. Sections 5 ~ and IL
of the law are as iUlIuss:
SEC. 4. That the tctiis Of sttcli sale be q cre-
dit of twenty years, bearing interest at the rate
of eight per cent. per anntim. the purchaser to
pay to the Treasurer of the State, at the end of
each gear, after the day of salc, the interest due
Jf tile original purchase money. The purchaser
to give bond with two or more good securities.
for the amount Of tho purchase money and inter
est thereof, after which he shall receive, from Fac
person making the sale, a certificate OF his pur.
chase, and the amount and terms thereof, and
whenever he shall have fully paid ..Ine principal
and interest Of his purchase, the Commissioners
of the General Lard Office shall issue to him and
his heirs and assigns, a patent; Proridead, That
nothing in this act shall be so construed as to
prevent any purchaser, his heirs, or assins OF
All IN lnnuH IrOIl ptyIfS, ~ hhy tiAI iO ihul "
sire. the tslHtE aihIotpt of the purtfase moner
and interest, dnd 30 doing he shall receive a pa
tent for the same.
SEC 8. As often as any purchaser of said
lands shall fail to pay the dmOunt of interest and
installment of his purchase, when the same is
due, the Governor shall cause the same 10 be sold
AGAIN. aftef thrift d,fs' notice, by public auc-
ton; to tho highest bidder; at the tdtinty seat of
the county where the land is Situated, the terms
of such sale shall be that the PURCHASED shall pay
in cash the amount then due on the land, and
the costs of the sale, and ftf tile residue of the
purchase money he shall have the same number
of Years rs there remain to run on the original
credit, interest at eight per cent. to he paid there
on annually, and the principal to be paid al
equal annual installments the purchaser to give
A like bond and receive a like certificate as at
original sales.
SEC. IL. Each settler upon any of said tracts
of land offered Tor sale, shall have the right to
take the tract upon which his improvements, or
the greater part thereof, shall be situated, at the
highest and the best bid that may be offered for
the same proridcd, that such bid shall not be
less than three dollars per acre,
SEC. Is. That parties purchasing finder the
ptorisions of this act, shall have the right to sell
the land purchased by linn or her. tindef the pro-
visions of this act, at any tifiiei but the land 80
| sold shall in all cases he held liable fur the prin-
cinai and interest unpaid under any sale in favor
Of The State, and a FIRST lein OF mortgage Is here
hy declared to exist in favor of the Etate ass Sc
curity for the payment of principal and interest
10 m lands sold as above prescribed.
Persons desiring further information may tap-
ply at the Gehefhi land Ofee, or to the Surrey
ors Of the counties in which the lands are situa-
ted, or TO me in person. at each place OF sale,
where I shall be for several days previous to
onen;ng fbe sales. The sales will be made by
] .fe 1Feiaf nah f4Hrr;sh.a from the General Land
Once.