The daily Green Mountain freeman. [volume] (Montpelier, Vt.) 1861-1865, 1862-12-09

No lin Act providing for the appointment
of agents to receive and dispose of the Land !
Scrip to which this State may be entitled under |
the act Of Congress approved July ., 1862.
II IS hereby enacted DC.
SEC. /. Homer 4. Royce of Berkshire in the
county of Franklin, and John B. Page Of Rutland
in the county of Rutland are hereby appointed
agents in the name and behalf of the State of Yer
mont, to obtain, and receive from the United
States Government all Land Scrip to which said
State may become entitled under an act of the
Congress of the United States, approved July 9,
a. D. 1862, entitled an act donating public lands
TO States and territories which shall provide Col
leges for the benefit of Agriculture, and the me-
chanic arts
SEC. 2. The aforesaid agents are hereby au-
thorized and required to make such examinations
of the public lands as are subject to private entry
and procure such information in relation to the
same, as they may judge will be useful in the dis
posal and location of the Scrip mentioned in the
first section of this act, and they are authorized to
sell, assign the same, or any part thereof upon
such terms and conditions as they shall deem will
be most advantageous to this State Provided the
| Governor Of the State shall approve of all such
| sales or assignments.
NAO' "' 1''N oppG1'tGC " tliS tCL Stid
| hold their appointment for one year. and unit il
their successors sha! be appointed, and before en-
terng upon the duties Of the;r appointment, each
shall give his bond, with good and sufficient surety
or surities to the State OF Vermont in the sum Of
fifty thousand dollars, the said bond to be app
! proved by the Governor, and deposited with the
Secretary OF State, and to be in such form as lie
shall direct, ard al! conditional for Tic return
to the Treasurer OF the State Of all Scrip, money
or other securities obtained or received for the
benefit Of this State, and for the faithful nerlorm-
ance Of al. the duties Of their Office.
SEC. 4. Said agents Shall make annual report
| to the Governor OF the State, Of al. th<ir dong>
under this act.
SEC. 5. The Governor Of the State is hereb,
authorized to receive proposals for such donation,
OF and, buildings and funds, as may be rendered
from any Part OF the State, from ahy person Oh
! persons Ter the purpose o. establishing a College
according to Tie provisions OF the act ct Congress
heretofore mentioned; and report the same to the
next Legislature.
SEC. 6. If either agent appointed by this act
sha! fail 10 give bond as required 6v section 3
, for the period Of two weeks after he shall have
| been requested to do SO by the Governor OF the
State, or shall die, resign or become disqualified
! it shall be the duty OF the Governor to declare
the Office OF such agent vacant, and appoint a,
agent in his place, who shall hold his office unit
| removed by the Governor, or his successor shsl
have been appointed by the General Assembly
the State. and who shall be subject to all the la
bilities and requirements Of this act.
SEC. 7. Ali moneys derived from the sale O
said lands or scrip mentioned in section two 0
this act, should be invested by the Treasurer o
the State in safe stocks, Welding not less than five
per cent upon the par value OF said stocks, and
the interest Of the fund created by said stock
shall be appropriated for the purposes declared i,
vestments shall always be made with the approva
OF the Governor of the State.
SEC. 8. This act shall take effect from It's pass
age.
Approved. December l, 1862.