Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1903-01-27
LAND COMMISSIONER.
Report Shows a Gratifying Increase
Of Business During Past Year.
SUMS PAID SCHOOL FUNDS.

The third annual report of A. A.
Keen as commissioner of public lands,
has beer filed with Governor Otero.
The report is a detailed statement of
the transactions of the Office and shows
that during the year ending December
81, 1902, 430 leases of common school
lands were approved by the secretary
of the interior and the amount of
rental is s~11,540.96. There are 81
leases representing a rental Of ST..
S07 40 on file in the department of the
interior which have not been approved
and As applications to lease not yet
completed by applicants representing
a rental of $3.50. 40. The apportionment
of the common school income fund of
April 10, 1902, was $~4,116.51, and of
June 10, 1902, was $4,S15.71, or a total
apportionment for the six months end
ing June 80, 1902, of s~S.932.22. The
total amount available as deposited
| with the territorial treasurer for 1902,
was S25, 094.77. The unapportioned
balance January /, 1902, was $1,394.97,
making a total of s26,4S9.74. The
amount unapportioned was $17, 557.52.
Five per cent of the net proceeds of
tie sales ofnpubhc lands within the
Territory by the United States is used
as a permanent fund, the interest of
| which only shall be expended for the
support of the common schools within
the territory. From this source there
was received for the fiscal year ending
June 80, the sum of s 2,530.45. The in
crease in receipts from this source
has been extraordinary. The first year
the receipts were $S94.3S, the second
81, 291.12, and the third year 81, 530.45,
or a total for the three years of $4,-
1855. The net receipts deposited with
the territorial treasurer for the three
years amounted to 1888, 427.o9.
There are in force 1893 leases, rep
%resenting Gel 900 acres of land, of
school sections 16 and SO. The net
amount of receipts deposited with the
treasurer for the use of the common
school income fund has been $780,
344.05 and the expense incurred in
ii6 thS ILL oNNto6So, " lhC
three years, ! $1,000 cents per acre.
Commissioner Keen recommends
that the running expenses of the office,
including salaries, be included in the
annual appropriations made by the
Legislature in the same manner as the
running expenses and salaries of other
officers are provided for. He say that
the present method of deducting run
ming expenses and transmitting to the
treasurer the net receipts is u~nsatis-
factory and a fixed allowance for the
running expenses of the once should
be made and drawn upon by vouchers
through the auditors Office. The re-
port closes by saying:
Il desire to call your attention to
section 4, congressional act of June 81,
1898, which provides as follows:
"'Sec. 4. That 5 per centum Of the
proceeds of the sales of public lands
lying within said territory which shall
quent to the passage of this act, after
deducting all expenses incident to the
same, shall be paid to the said terri
tory, to be used as a permanent fund,
the interest of which only shall be ex-
pended for the support of the common
schools within said territory
Il would recommend Lat a law be
enacted authorizing and directing the
territorial treasurer to purchase any
territorial bonds with any proceeds
derived therefrom, and the accrued in
terest be credited to the common
school income fund as contemplated
by said section. This requirement
should apply to all institutional perma-
nent funds.
THE amount now IN deposit with
the territorial treasurer for this fund
is $4,715.95."
Contracts Let.