The Chickasaw messenger. (Okolona, Miss.) 1880-1900, 1888-09-06

q O. love. President state Ali
your committee whom you
appointed 90 enquire into tie lega.
gaaon. and .nlcbtodaes. 81 'hc
*actpuesia.o Colleges. beg leave
Hbni, .he following report
p February p 1879 Conuc-.
tcd3G section oflaud situated 81
80 State. Poi d. located ia tara OF
u1r fhw fou SECTIONS Wnirh
ul hrge> q 20 ihs Legislature Of
sil State 81 'ru ior the support OF "a
-mra o. Leaning therein, .,ee
le Mn,ous code page $50. ON IsE-
al ~. 1924 CH q. D. 2il) the Leg
igsIu ir whom the ti.le was vested,
-.arilc f- leasing for fou years
- ,-- lsu1.. l,hcn unimproved1 on
pa1uiou That sac lrs,eas should clear
anl fence. cn every quarter section.
Dee weniy acres OF land
sal -haa Wad cabin, and
mss, such oihrr improvements as
were suitable tor such a clearing.
Te Auditor % Puhlio A-count was
ie.er.cl as agent or commissioner 10
make The leases. In 1877. u. e p 9l2,
sH1 "a 1870, u. C.p. 2l3. two other
o. :, were passed providing for Tho
leisiug o.; these lands From al these
Jesse. It &. claimed by the University
lha 'he Auditor collected $500, DE
atitallowcd as salary Tor his service,
tsiper ennum out of sine rents On
Maroh2 1853, H. G. p 2i5, provided
tor their ,Ie. Apprsi,cments 10y
ihese commissioners was rpquirrd.
On the Thrill Monday ~ ihr Following
November an the lands were 10 be
offered for sale AZ public ont en-, on q
r.di, ofune two and ih,cc years,
except that when tract was under
lease the credit ofthrec years shouid
4umonge 10 run from the expiration
pf lhc lease. The NOTES were 10 he
.il,rn. payable ani negotiable lo
'ti.''tls G5Is. ahs.. -.s.. -uA-l
Auditor vas 60 invest ige pro.
eds in the stock Of the Bank for and
"a recount OF thc Seminary fund.
"to Auditor aud commissioners were
each to receive tour dollars per day
while dischargcing their dsties. The
sales were made. Except une-half sec
lion, which was sold many years az
forwards and proceeds passed into the
Treasury and reached the amount Of
77,332,52, on a credit Of one. two
ard three years, from. say the 10Th of
November, 1888, and they bore inter-
r,i st 10 yer cent per snnum after ma
lJrity. II is thus seen. that the lands
were sold for more than $3.50 per
1rrr How much was collected will
be seen hereafter Governor Brown
10 his message of January 9Th, 1916
l,re House journal p. III states that
ap 70 that time only s7a,54s76 had
hreu collected and psid into the State
Treasury. There was collected in
1913 and paid in, (scc Auditors report
1913 II. J. p. GS) sl3,7g4ll and from
January lsi, lSl7 to November 23rd.
1917 (sce II J Of lS4s p. go. There
we're also collected.various small sums
prior 70 Feb. % 1917, which made
tsit collections al that date $685..
G6703 and these were all accounted
f9r in the statements of the indebted
ness of the State TO the Seminary fund
made by Treasurer Clark and Griffith
coming up To said 23rd Of February.
1ae subsequent payments shown by
DE books Of the Treasury, amount in
lae whole to 1871, O67, showing whole
amount Of the fund collected bv the
State and paid into the Treasury to be
8l29,7iA82 These items Of payments
before November 1917. are derived.
ss before stated Those subsequent
ere derived from Grihth's Ledger. p.
-. ZIG, 2l5 and 3l6. aud Husseys
journal p. l3, 3 and y. On July %,
1873, the Legislature enacted, (sec II.
p 22j .cc I'D. that the Treasurer
Hou.d state an account af all monte.
heretofore and thereafter paid into
fas state Treasury. and should allow
'tsrest at five per cent on Sums there
i5f9re paid and eight per cent should
D. credited annually on all sum.
SHOWN by his books to BE due the
fuld from that time forward Gen
al Grifth IN pursuance Of law
pesod Feb %, lSls (sce II. C. p. 235
Article 80. stated on account Of all
Sums due rs shown by the Treasurer
on that date, showing a balance then
due Of s7S.5ll50. This final balance
WAS found after paying the $4,000