The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1909-12-02
PUBLIC SALE OF OKLA
HOMA SCHOOL LANDS.

Notlce is ncIeDy given that tlc COm
missioners of the Land Office OF the
State of Oklahoma, under any by vir-
tue Of the authority vested in them by
the laws OF said state, will offer for
sale and sell at public auction
5734061 acres Of Common School In
demnity Lands belonging to said state
and situate in the County Of Lincoln
and all 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 to and including the 7th day of
January, 1910. Sundays and legal holi-
days excluded
Said sale will be held at the door os
the court house wherein the county
court OF said county is held in the
city OF Chandler, Oklahoma.
Said 57,34O61 acres OF land are d.
vided into 361 tracts and each tract
with the improvements thereon, viii
be offered for sale and sold separate
" No person shall be permitted 70
purchase more than one quarter sec
tion OF land and all sales of said land
shall be made according to the proyi-
sions OF Article 2. of Chapter %. of
the Session Laws of Oklahoma for the
year 1909 and the rules and regula-
tions adopted by the Commissioners
OF the Land Office of said state, and
all bidders on said lands, and purchas-
srs 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 on 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 valid lease, such per
son as the lessee thereof, has the pref.
crence right to purchase such tract
at the highest bid received therefor,
or in the event no bid is received for
such tract, such lessee shall have the
right to purchase the same at the ap-
A praised value thereof. Each tract of
land shall be sold at public auction to
4 the highest and best bidder and such
bidder upon the acceptance of his bid,
Is required to pay to the Commits
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 shall, upon the acceptance Of his
bid, be required to pay to the Com
! Dissioners OF the Land Office, or
/ their authorized agent an amount
equal to 6 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 will any bid for any tract
of 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
to do and If he so elects, the sale OF
, such tract shall be made to him.
II The remainder OF the purchase price,
toswlt 95 per cent, shall be paid in
forty equal annual payments with in
I terest thereon, at the rate Of ) per cent
, per annum, provided, however, the pur-
chaser OF any tract Is given the PRIV
/ ilege at any interest payment after exl
piration OF five years, to pay any or
|, all deferred peymants, both principal
I and interest.
Before any person other than the
lessee thereof, shall be qualified to
, bid upon any tract OF said land, he
shall deposit with the Commissioners
I OF the Land Office or their authorized
} agent, an amount equal to 10 per cent
Of the appraised value OF the lessee's
] appraisement thereof and when such
+. deposit is made and the person deposit
Ing the same for the purpose Of quall-
} flying himself to bid upon a particular
tract, and he is unsuccessful Id his bid
} for said tract, such deposit If desired
By the unsuccessful bidder will be re-
tanned and he win be qualified to bid
OH any tract offered for sale there
after until he withdraws such deposit.
A full and complete description. OF