The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1875-06-24
From the ErOntier..A Letter as to 9he
Land Titles Of the st. Paul L. Pacific
Rail Road Conn any.

DIAMOND LAKE GRANGE, No. 25S,
HARRISON, Mimi, June 5, 1875.
Editor Anti Monopolist:
DEAR SIR We send you the following
extracts from letters received from Hon.
Geo. L. Becker, relating to title to st.
Paul & Pacific Rail Road lands. as it is
matter of considerable Importance and
not generally understood, our Grange
respectfully request that you would pub
lish the same:
"Your letter indicates that it is not the
title which our purchasers get when final
payment is made, that troubles the men,
bers of your Grange, il is the fear that
the contracts which are made with those
who buy our lands on credit may be in.
valid because they are signed by He:.
man Trott, Land Commissioner, and not
by any agent or trustee Of the bondhold-
ers. Mr.. Trott is the agent of the trus-
tees, is employed and paid by them.
Every contract he makes is at once re-
ported to the trustees. Every dollar he
receives for lands is at once paid over to
them. None Of this money goes to the
company or any Of its officers. The title
to the lands is vested in the trustees. No
matter what happens to the company,
whether it goes into bankruptcy or not,
the contracts made by Mr.. 'frott are val
id binding contracts, if the party purcha.
sing lives up to his agreement. The
bondholders have nothing to do with the
title. The title is in the trustees for
their benefit, and by provision contain
ed in all our trust deeds, it is provided
that the deeds given by the trustees
shall invest the purchaser with the COM
pLete title, free and clear Of all incum-
brarces, and shall include as we'll the title
Of the company as of the trustees afore-
said. The litigation in which the COM
pany has been or may be involved, does
not in any way effect the lands or the
title to them, and let the suits result: as
they may it will make no difference to
purchasers. You state you cannot oh.
tain loans on Railroad lands; suppose
this has been because the county records
did not show complete chain of title.
The records in the State land Office have
always shown such q title. For the pur-
pose Of obviating the complaints made in
this regard, drew q Bill myself last
winter, which Senator Nelson, Of Meeker
county, introduced and got through the
Legislature, providing way for putting
our title on the registry Of the respective
counties where the lands are situated. y
Yours Truly, JAMES SANDERsoS,
Secretary.
The bond Of tie road are lien upon
the road, and we suppose upon its land
grant; the trustees we suppose are t.
administer the fund in the interest Of the
bond.holders. The statement Of Presi
dent Becker seems fair and reasonable
but as the question at issue involves tn,
title to thousands of homes; and as Law
consists of one part justice and nint
parts technicalities; we would advise
those interested to club together ane
raise $50, and employ first-class lawyer
to look into the whole title and tell tn,
purchasers just where they stand. lie
fifty Of the parties in interest put in on,
dollar each and make up the fee. W,
will publish the decision Of the attorney
upon the matter.-EprroR ASr1-MoSoP
0LIsr.