The Portland daily press., 1875-07-16

and acres. In as much as the bids allowed
absorbed but little over one half of the grant
1t was deemed for the interest of the state to
accept those of the same Individual for the
largest quantity of land.
=, lie successful bidders were duly notified by
tne secretary OF State that their offers were ac-
cepted by communication sent through the mail
From Chas. Davis of St Louis. no reply was
received. Mr. Mcclure of st. Cloud in conse-
quence OF some delay in the mails, did not re-
celVe fls notice (which was that all his bids be-
ing for fifteen thousand three hundred and
sixty acres were acceepted,) in due sea-
son in consequence of which he declined
to take the scrip, having purchased else.
where, but made the same offer for
forty-six pieces being 1850 acres which was ac-
copied. So that upon the bids as made up to
the first day Of March, but ninety nine thou
sand three hundred and sixty acres of the land
were sold. On the 18th of March, d. Preston
a. Co., applied to duplicate their purchase, and
on the 26th Of the same month, to triplicate on
the same terms of their first purchase, which
was agreed to, so that the sale to them amount
ed to ninety six thousand acres.
On the 18th day of March, VIM. X. Lancey
proposed to take fifteen thousand acres and
Gen. Franklin Smith ten thousand acres at fif-
ty three cents per acre, and on the same day
John Kimbal for himself and others, proposed
TO take five thousand acres at tifty-three cents
These offers were severally accepted, and the
extent OF the foregoing sales including the bids
OF March 1st. which were consummated, was
one hundred and ninety three thousand six hun
dred acres, being as near the quantity bid for
as the size of the scrip would permit
1t having been suggested that the trustees of
the College were desirous of having portion of
scrip reserved for location, it was decided not
to sell but retain the balance subject to the
action of the Legislature, and there now re-
one hdndred and sixty acres each, being sixteen
thousand and three hundred and twenty acres
in all
In conformity with the law of the state
and the United States there has been pur.
chased Bonds of the State of Maine, bearing
interest at the rate of six per cent.
per annum, amounting to one hundred and
four thousand five hundred dollars, leaving of
the principal of the frnd uninvested, one hun
dred and ninety four dollars and seventy cents
(S19470) The bonds and balance of the funds
aforesaid have been deposited by the Governor
with the Treasurer of State as also the sum of
sixteen hundred and five dollars and fifty five
cents being balance of interest, which last sum
is subject to the order of the Treasurer of the
trustees and of the College Of Agriculture and
Mechanic Arts.
Which is respectfully submitted.
HIRAM RUGGLES, Chairman.
In COUNCIL DEC. GOTH 1866.
Read and accepted by the Council aud by the
Governor approved.
EPHRAIM FLINT,
Secretary of State.
And here we call the attention 10 the fol.
lowing communication from the Trustees of
the Agricultural College referred to in the
foregoing Report of the Council and we make
special reference to the names of the Trus-
tees:
To His Ercellency. SAINT Cony, Governor of
Maine:
Trustees of the State College of Agriculture
and the Mechanic Arts take this method to in
dictate their views regarding the disposition of
the Land Scip for said college, viz. That it
seems desirable to sell the same at an edrly day,
at the best rates it may command.
Very Respectfully,
Your obedient servants
G. A. EVERETT.
ROBERT MARTIN.
A. S. PERKINS.
SAM'L f. PERLEY.
s. L. GooDALE.
DENNIS MOORE.
SEWARD Dill.
JOSEPH DAY.
JOSEPH FARWELL
Nov 22d, 1866. N. 7. HILL
And here is complete list of all who put
in proposals for the land. The highest bidders
among them were mentioned in our article
of yesterday. The lowest went down to ten
cents per acre.
A. Wait, Ell Paso, Illinois.
David Preston & Co., Detroit, Michigan.
James Fragon & Co., Valley Grave, Ohio.
1. r. Clark, Bangor, Maine.
Charles Davis, st Louis, Mo.
f. Lousada Boston, Mass.
Thomas Mcclure, st Cloud MINI.
Almeron Trpp, Albion, Orleans Co., N. Y.
Lyman Warren, Lexington, Lafayette Co.,
Mo.
G. & G. Woodman, 60, Wall ST., N. Y.
Bangor Land Company, Bangor, Me.
Franklin Smith, Waterville, Me.
William K. Lancey, Pittsfeld, Me.
james Frazier, Wheelir g, w. Va.
John Kimball, Bangor, Me.
N. Wilson, Orono, Me.