Custer chronicle. [volume] (Custer City, Black Hills, D.T. [S.D.]) 1880-1890, 1883-08-04
Disposition OF Town Lots.


the matter is of interest to all our read
ers we publish the law in regard to ,ht
disposition of town lots, lightning wit
section 3, as it takes the matter u
where the duty Of the appraisers an
board begins:
Section 3. The board Of education
corporate authorities or judge OF the
probate court aforesaid, shall appoint
three competent and suitable freeholders
OF such city or town board of apprais-
ers, whose duty it shall be to make a
'areful inspection and examination OF
all the unclaimed lots or parcels of land
aforesaid, and upon each Of such lots or
parcels of land they shall affix a reason
able and j1st valuation, and upon the
completion Of their appraisement they
shall make and return 4 full and com
pete report ofthe their proceedings AID
apprdiSement TO the board Of education
corporate authorities, or Judge of tho
probate court. which said report shall
contain a full schedule of each and every
| lot or parcel Of land remaining unclaim
ed, giving an exact description of said
lots by their numbers and ,he number
of the block, and all parcels of land not
so numbered shall he described by
me'es and boundaries and upon each lot
| or parcel of land separately, they Shall
designate the valuation thereof rs fixed
by their appraisement; said appraise.
ment and report shall be subscribed and
sworn TO by at least two of said apprais-
ers.
Sec. 4 The board of education, cor
porate authorities, or judge of the pro
bate court, shall within thirty davs after
the receipt of the aforesaid report Oh
said board Of appraisers give public
notice that all such unclaimed lots or
parcels of land, or SO mucn thereof as
may be considered for the best interest
of the school district, will be sold a.
public auction to the highest bidder for
cash; said notice to be given by publ
cation in not less than three newspapers
of geneneral circulation in the territory.
and for period Of not less than thirty
days immediately prior to such sale.
specifying the time and place when said
unclaimed lots or parcels Of land will be
sold. together with ii description Of the
same as returned by the board of ap-
praisers.
Sec. 5. At the time and place appoint
ed in said notice, the board Of education.
corporate authorities, or Judge of the
probate cour;, S'i;!! offer. f"r sale at pub
lie auction, subject to competitive bids,
all the lots and parcels Of land. or 80
much thereof as may be considered for
the best interest Of the school district,
returned by the report Of said board Of
appraisers as unclaimed.
Provided, That no bid shall be rcce;v- |
ed, or lot or parcel of land sold for q less |
sum than the appraised valuation, and |
such sale shall continue open from day !
to day until all such lots or parcels of |
land, or SO much thereof as may be con-
sidered for the best interest ofthe school |
district, shall have been offered for sale. |
Any lots or parcels of land remaining
unsold at the close Of such sale for want |
of bids equal to the apprised valuation
thereof, may thereafter be sold at pri- |
vate sale by said board of education. cor
porate authorities or Judge of probate
court, for sum ofmoney not less than |
the appraised valuation thereof, and not |
otherwise.
Sec g. Any purchaser at such sale |
in addition to the amount Of purchase
money paid for any lot, lots or parcel of
land shall pay to the board Of education,
corporate authorities, or judge Of probate
court, the sum of two dollars as fee for
making, executing and acknowledging a
deed Of conveyance therefor; and all
such lots or parcels of land purchased
by any one person, NAV be conveyed to
such purchaser III one deed, which fee
shall be in full for all charges Of con-
ducting sale, giving notice, appointing
appraisers, etc, etc.
Sec. The proceeds derived from
the sale of such lots or parcels Of un-
claimed land, after first paving the ex-
penses Of advertising, printing and a per
diem Of not more than three dollars per
day to each member of the board Of ap.
praisers for the days actually and neces-
sarily employed by them in making such
appraisement, and report as aforesaid,
and other expenses actually and neccs-
sarily incurred in the proper conduct
and management Of such sale, shall be
Immediately turned over at the close Of
said sale BY the board Of education, cor
porate authorities, or judge Of the pro-
bate court, to the treasurer Of the school
district, and by said treasurer placed to
the credit Of the school house fund Of
said school district, only to be disbursed
and applied in the payment Of oItstand-
ing bonds, warrants or other indebted
ness against said school district, con-
tracted or created in the erection or con-
struction Of school houses, procuring
grounds or appurtenances Herewith, if
any such bonds, warrants or other in