The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1909-11-19
PUBLIC SALE OF OKLA
HOMA SCHOOL LANDS.


State Of Oklahoma. under any BY viz
tue OF the authority vested in them by
the laws Of said state will offer for
sale and sell at public auction
57,340.6l acres Of Common School In
demniiy Lands belonging to said state
and situate in the County OF Lincoln
and al improvements thereon situate
and which have been appraised Said
! sale TO begin on the 18th day OF De
cember. A. D. 1909 and to continue
up 10 and including the 7th day Of
January, 1910. Sundays and legal holi-
days excluded.
Said sale viii be held Ak the door Of
the court house wherein the county
court Of said county is held in the
city Of Chandler. Oklahoma.
Said 57.34OGl acres Of land are d.
yided into 3Gl tracts and each tract
with the Improvements thereon. win
be offered for sale and sold separate
j. No person shall be permitted 10
purchase more than one quarter sec.
iion Of land and all sales OF said land
shall be made according to the provi-
sions OF Article 2, OF Chapter Is, Of
the Session Laws Of Oklahoma for the
year 1908 ana the rules and regula-
tions adopted by the Commissioners
Of the Land Office OF said state. and
all bidders on said lands, and purehas-
ers OF said lands are to be governed
and bound thereby
The terms and conditions OF the sale
OF said lands and improvements are
as follows:
No bid can be made for the improve
ments upon any tract Of land to be
sold, but the Improvements OH any
tract shall be purchased and paid for
By the successful bidder for the land
On each tract OF land FOR which some
person has a valid lease, such per
son as the lessee thereof. has the pref
erence right to purchase such tract
at the highest bid recc.ved therefor,
or IN the event no bid Is received for
such tract. such lessee shall have the
right to purchase the same al the ap-
praised value thereof Each tract Of
land shall be sold at public auction 70
the highest and best bidder and such
bidder upon the acceptance Of his bid,
Is required to pay to the comms-
sioners OF the Land office, or their
authorized agent, for the use and
benefit OF the lessee OF said tract. the
appraised value Of the Improvements
thereon as shown By the official ap-
praisement thereof, and In addition to
the payment OF the appraised value OF
the Improvements. the successful bid
der shah. upon the acceptance OF his
bid, be required to pay 10 the Com
missioners of the Land Office, or
their authorized agent an amount
equal to 5 per cent Of his bid upon
the tract Of land. but in no event shall
said amount be less than $4,000 and
In no event viii any bid for any tract
az land be considered or accepted for
less than the appraised value thereof,
provided. however, in the event that
lessee OF any tract offered for sale and
upon which bid has been offered
and received. desires to and does then
and there exercise his preference right
to purchase said land at the highest
bid. he shall have the lawful right 50
tc do and IL he SO elects, the sale Of
such tract shall be made 70 him.
The remainder OF the purchase price,
toswit: 95 per cent, shall be paid in
forty equal annual payments with in
terest thereon, at the rate Of 5 per cent
rer annum. provided. however, the pur-
chaser OF any tract is given the priv
ilege at any interest payment after ex-
piration Of five years. to pay any or
ali deferred peymants, both principal
and interest.
Before any person other than the
lessee thereof. shall be qualified 70
bid upon any tract OF said land, he
shall deposit with the Commissioners
o. the Land office or their authorized
agent. an amount equal to 10 per cent
OF the appraised value of the iessee's
appraisement thereof and when such
deposit is made and the person deposit
ing the same for the purpose Of quail
fying himself to bid upon a particular
tract, and he is unsuccessful IN his BID
for said tract. such deposit Il desired
BY the unsuccessful bidder win be re.
talned and he win be qualified TO bid