Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1864-04-27

any Of the provisions OF this act, shan upon con
yiction thereof in any court of competent juris
diction, be fined not less than hundred dollars
nor more than three hundred dollars, or be impris-
oned In the county Jail for not less than month
nor more than six months at the discre of tn
court.
violation of the provisions of this act, is herebv
declared null and void, and money rscev Cd int
shall be refunded to the purchaser, to any per-
Sec 4. This acs shall take effect and be in force
from and after its passage and publication.
ApprorsdsMsrc 81, 1864. e. A%COPY.
--tI ubiished April l6, lS64.l
1I CHAPTER Pei. ~
AN ACT to p-.vide for reanziag the amounts Of
unpati mortgages due TO the state.1s------
The people OF 81 he state OF Wisconsin retrese nted
in senate ana assembly, 90 enact q follows:
sec. l. The commissioners ct school an upiysr-
siy lands IN their dlscr- ton, cause O be An
praised any lands which s IA have b. an did In far
the state, upon sale made On account OF non paw
ment OF a mortgage theteou, aud shail have "a.
NAMED u nsold by the state three months It,
such sale, wbe ther such sale SD all have been made
by tue linissaouers by any her person, upon
for. closure OF such mortgage.
two persons selected by the commissioners
residents the county where the lands lie |; and
shall be made in such torn and manner and upon
such CONDITIONS as the said commissioners shall
direct before making such appraisal, the persons
selected tor that purpose nall take and bscrioe
an oath to spprs 20, estimate and return to the
commissioners the true cash value, according
their best in ornRsiion and Judgment the lands
descre d iD the list furnished to then b, the com
mssioners
Sc. 3 The expenses of such appraisal shall no,
exceed Eve dollars for each tract land and shan
be paid upon the order of the said commissioner.
out OF the Income of the appropriate fund =
sec L. Upon Receiving the returns of such ap--
prasers, the said commissioners may p.oee I'D 80
sch the same public auction, hrst publishing a
notice of the time and place of such sale speciry
Ing the lands to be sold, and the appraised value
oil each tract, in the state paper at Madison an in
wspaper publish ed in the unity where the land
Is situated or II no newspaper is published in such
county, then in one published near such county.
Suchnotce shall be first published least
six weeks before such sale, and the pub
sication shall continue for four weeks. once
in each week, and the expenses thereof
shall be paid out of the income of the
appropriate fund, upon tn. order of the commits
sioaers. Such sale shall be governed by the pro.
VISIONS OF sections twenty two twenty three TWEEN
ty-six, twenty seven, twenty-nine aud thirty, of
chapter twenty eight of the revised statutes as
heretofore amended, except that the minmrm
price of such lands shall be the appraised value as
aforesaid and duplicate certificates sale shall
be irsued for such lands, as in the of school
lands.
sec. All such lands that shall remain unsold
after being offered at publio sale, shall be sub
ject to private sale, at the appraised value, upon
the terms and in the manner now prescribed by Law
for school lands subject to private sale.
Sec. 8. After such lands shall have remaiu cd one
year subject private SALE as aforesaid the price
of any of may, by order of the commission
ers, be reduced to ninety per c-ntum of the said
appraised value. One year more after such re- :
ducuon, the commis ~ioners may again reduce the
price of such unsold lands to eighty eentum of
the SAID appraised value and they subse-
quenty, at intervals of not less than year.
reduce the said price by amount equal to ten
per centum OF the said appraised value, until the
price thereof shall be reduced to fifty per centum
of such value.
Sec l. Before making any such reduction, the
commissioners may, in their discretion, publish
the state paper, once week for four weeks, list
OF the lands, with the prices thereof they will
be when reduced, and the date when such reduc-
ton will be made. Z-sUF
Secs s. Section OF hundred ahd eight of chap
ter eight ne re tps am nd
ed by section seven of chapter hundred and
thirty of the general laws of 1855 is hereby amend
ed, to read follows: 1.-The commissi on era
may bid in and purchase said land for such price
they shall deem safe for the state, but other
bid than theirs shall be recsived for less
than the whole sum charge able on said land. The
lands bid in by the commissi oners and all
lands bid in for the state foreclosure of mortga
ges, shall be subject TO private sale in the same
manner and on the same terms AS school lands sub
ect TO private sale, and duplicate certificates may
be given upon such sale as on similar sales OF
school lands. The III, nimum price of such mortgag-
ed lands shall be the whole amount of the mort
gage debt, interest. costs and charges, until such
price shall be reduced pursuant to law -
Sec. 9 Section four of chapter one hundred and
thirty of the general laws of 1855, is hereby amend
ed, so to ead as follows: - When any land or
other property mortgaged to the state, shall have
been sold upon foreclosure of such mortgage.
shah have been bid in for the state at sale made
by the commissioners, for sum insufficient to pay
the principal and interest secured, with the
proper costs and disbursements, the commissioners
by required to take proper steps collect
the remainder due from the person who may be
personally responsible TO the payment of the
same; and for that purpose, to cause action
to be instituted when there appears probable
ground for supposiug that Judgment may be
recovered and collected Tor such deficiency. Such
actions may be brought by any person employ
ed for that purpose in the cosnties OF either
Dane or Milwaukee, and no change Of the place
of trial shall be allowed on the ground that
the defendant resides in another county. The
ommssioners may order the expenses Of such
lions to be paid out of the income of the appropri
ate fund: pr0rfded, that such expenses sh ali
case exceed the costs taxed taxable therein;
and provided, further, that the commissioners may
in their discretion, at any time receive in full set
Element the prineipa and interest owing to the
state, and all costs and disburse ments deducting
there fro N the net amount for which the commits
sioners may have sold the mortgaged lands"
Sec 10. Ali laws for the protection Of school
lands or other lands belonging to the state,
Furnishing trespassng or waste thereon. laws
authorizing the COMM ssioners to lease the same,
TO take or recover possession thereof, and to pre-
vent injury thereto, shall apply to the lands men
toned in this act.
Sec. IL. This act shall be in force a pub
lished.
+ Approved March 81, 1864. Be COPY.
Published April 16, 1854
CHAPTER 262.
AN ACT to amend section 217 of h=pter 1870 of the
revived statutes entitled " of courts held by jus