Echo de l'ouest. [volume] (Minneapolis, Minn.) 1883-1929, 1909-04-30
kinds of real property belonging to tn

state.
Be it enacted by the Legislature of the State
Section l.. All tracts or lots of real prop
erty belonging to the State Of Minnesota, or
that may hereafter accrue to the state, In
Guiding tracts or lots which have escheated
to the state. may be disposed of In the fol-
apply to school or other trust fund lands be-
longing to the state, or that may hereafter
accrue to the state under and by virtue or
any act Of congress-:
The sale or disposition Of such real es-
tate shall be under the supervision OF the
governor. attorney general and state audi
tor. who may authorize and direct a sale,
when. in their judgment. it would be ad-
They shah appoint pp three appraisers, who
shall appraise the real property to be sold.
AS compensation for their services the said
per day.
The sale shall be at public auction, and
person or persons as he may direct for that
purpose.
Sec. 2. Before any sale shall be made the
state auditor shall publish a notice Thereon
at least once In each week for four 90 sue
cessive weeks in a newspaper, published IN
erty to be sold is situated, and he is also
authorized to give such other and additional
publicity Of such notice as he may deem
and place in said county at which such SAFE
will commence. a description OF the lots or
tracts to be offered and o general statement
Of the terms of sale.
Each tract or lot shall be sold separately,
and n no qba lot o shall !. t be sod for tn 1 less r than tn of
Sec. 8. The terms of payment for all lots
or tracts so sold shall be not less than ten
CO.. per cent of the purchase price thereof
at the time Of sale and interest on the un--
paid balance. as herein stated, to June l
twenty co! years. at the option of the pur--
the rate Of not less than five 60 per cent
per annum on such unpaid balance, payable
to the state treasury on or before June LIST
in each year.
Sec. The state auditor shall make out
and deliver to the respective purchaser
he shall certify the description Of the real
property sold and the price thereof, the con-
sheraton paid and to be paid, therefor, the
rate of interest and time and terms OF pay
ment.
Such certificate shall be numbered and
made assignable.
Such purchase certificate shall further set
forth that in case of the non-payment of
any person claiming under him, then the
said certificate from the time of such failure
WI WI be be entirely v9id and Of no erect nesssss ana
Of said lot or tract and resell the same, as
herein provided.
Sec. 8. Certificate of purchase issued pur-
suant to this act or any assignment thereof
executed and acknowledged as provided by
law for the execution and acknowledgment
of deeds may be recorded in the office of the
register of deeds of any county in the state
IN the same manner and in like effect as
olS l
Such certificate shall entitle the purchaser
thereof, his heirs and assigns to the ex-
elusive possession of the land therein de-
scribed. provided the terms of said certif-
cate have been in all respects complied with,
and the said certificate and the record there
of shall be conclusive evidence of title in
such purchaser, his heirs and assigns for all
purposes and against all persons, except the
State of Minnesota, in case of forfeiture as
aforesaid.
Sec. 6. The state hereby reserves for it's
own use all the iron, coal, copper and other
valuable minerals in or upon all lands which
may be sold under the provisions of this
act, and the sale certificate and patent here
in provided for shall contain a clause reserv-
ing all such minerals for the use of the
state.
Sec. Z. The governor shall sign and cause
to be issued under the seal and attestation
of the state auditor patents for the lands
described in such certificate of purchase
whenever the same are presented to him.
with the further certificate Of said state
auditor Endorsed thereon, certifying that the
therein. all taxes due on said lands have
been paid and that the holder of such GER
tificate is entitled to such patent.
Sec. 8. All money received from the sale
of such lands or lots shall be credited to the
general revenue fund of the state, and 1t
shall be the duty of the state auditor to
keep the proper and necessary records per-
tanning to the sale, Of such lands or lots
that have been made and provide the neces-
sary blanks.
Sec. 9. This act shall take effect and be
In force from and after it's passage.
Approved April 2S. 1909.