The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1909-04-15
School and Indemnity Land Law
Passed by Last Legislature.

-AAaAA AAANI rAAAAAAFMN AAAE " AAaAAANF
harvest and remove same from such
land provided. no extension Of such
time Of possession shall extend longer
than the thirty-frs; day Of December
after the sale thereof
Section :. Upon fhe sale Of such
lands az provided herein Il any lessee
having a preference right" 70 p0r-
chase az prosided herein. fails or re-
iuses 10 pay the highest bona fde bid
thereon. then upon said iessee's fixing
a date a, which time be will surrender
possession Of ssid property, the pur-
chaser shall pay to the Commissioners
Of the Land Office. or their sntl orized
agent. to reimburse the lessee having
such preference right. the appraised
vslue % such improvements tss de6n-
ed ia section 81 and all purchasers oi
land sold under this Act shall pay TO
said Commissioner or their authorized
agent. the appraised value Of all Of the
improvements upon aid land 10 reim-
burse the lessee having such prefer
ence right TO said value; and upon
possession being given by the lessee,
the Commissioners Of the Land Office
shall Immediately pay to him the val
ue Of all such Improvements paid 10
them by such Improvements paid 10
them by such purchaser.
Section 5. In addition to the value
Of the Improvements, five per cent. Of
the purchase price Of land shall be paid
at the time Of the sale. except where
the land sells for less than one thous-
and dollars. in which case the initial
payments shall be fifty dollars on any
quarter section. The remainder Of the
purchase price may be paid in forty
equal annual payments with the inter-
est at the rate Of five per cent. per an
mum provided, that after the expira-
tion OF five years. the purchaser may
at any time Of any interest payment
pay any or all deferred payments, both
principal and accrued interest provid
ed. the purchaser shall not be permit
ted TO sell the land so purchased until
the end Of five years from date OF pur-
chase to any person or persons owning
more than one section according TO the
United States survey provided, as a
further condition herein required OF
purchasers under the provisions Of this
Act, the purchaser Of any land sold un-
der the provisions of this Act, shall be
required TO establish and maintain val
liable, lasting, permanent improve
ments other than fencing, together
with tillage OF same upon lands so pur-
chased, and if the land purchased is
grazing land he shall be required to
| establish and maintain valuable, last
ing, permanent improvements, other
than fencing. only. thereon. before he
shall acquire title from the State &c
any Of the land so purchased and pur-
chasers OF laid lands shall be limited
in purchase OF said lands to said lands,
and shall not exceed the above maxi
mum amounts, respectively, Of either
agricultural or grazing lands and such
purchaser shall take such land subject
to such restrictions and conditions.
Violations Of this provision shall work
forfeiture of said lands, together
with all appurtenances thereunto be-
longing, and the same shall then es-
cheat to the State upon proof of yio-
lation OF the conditions herein provid-
ed provided, whenever the holder OF
any certificate of purchase Of any State
or School lands shall surrender the
same TO the Commissioners Of the Land
Office with the request to have the
same divided into two or more eertifi-
Gates, il shall be lawful for the Com
missioners to issue the same provided
furthen, that no new certificate shall
issue while there is due and unpaid any
interest, principal or taxes on the prin-
cipal certificate OF same when in any
case where.the Commissioners Of the
Land Office shall be OF the opinion, af-
ter an examination OF the land il nee
essary that the security would be inn
paired and endangered by the proposed
division, and for all new certificates a
fee OF one dollar for each certificate SO
issued shall be paid by the applicant
each fee shall be part Of the expense
fund of the Commissioners of the Land
Office.
Section .. Any purchaser OF lands
under the provisions Of this Act shall
have the right to transfer or assign all
his right, title and interest in and to
such lands, and such assignment shall
be in form anG executed and acknowl-
edged as required under the laws gov
erning conveyance; provided, before
delivery OF patent, such assignment, to
be valid, shall be duly recorded in a