The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1909-12-11
PUBLIC SALE OF OKLA
HOMA SCHOOL LANDS.

State cf Oklahoma, under any BY vii
tue of the authority vested I'd them b
the lawa OF said state, win offer 10
sale and seIl al public auctloi
eT,340.el acres 0f Common School III
demnity Lands belonging to said stat,
end silnate Id the County of LIncoli
and all Improvements thereon sIsuat.
ana which have been appraised. saIt
saie to begin on the 18TH day of be
eember, A. p. 1903. and to continue
Rp 70 ana Including the 7th day d
January. 1910. Sundays and legal hoIl
days excluded.
said sale will be- held AT the door 81
The court house wherein The connty
court ot said county II held III the
ciiy of fhandier, Oklahoma
Said 57.s4ogI acres of land are di-
Fided Into aCl tracts ana each tract
with the improvements thereon, win
be Offered for sale and sold separate
y No person shalt be permitted 10
purchase more than one quarter sec-
tion o. land and al sales Of said land
shall be made according ID the proyi-
slons Of Article z. or Chapter 2s. of
the Session Laws Or Oklahoma for the
year 1908 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-
RS Of said lands are 10 be governed
and bound thereby
The terms and conditions Of the sale
of said lands and improvements are
Al follows:
NO bid can be made for the improve.
tnents upon any tract Of land to be
sold, bnt 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
erence right to purchase such tract
Al the highest bid received therefor.
Or In the event no bid II received for
such tract. such lessee shall have the
right to purchase the same at the ap-
praised saine thereof. Each tract Of
land shall be sold at public auction to
the highest and best bidder and such
bidder upon the acceptance OF hls bid, /
y required to pay to the Commits
sioners Of the Land Office. or their
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-
thereof, and In addition to
he payment OF the appraised value or
he improvements. the successful bid.
Ter shall, upon the acceptance Of his
I'D, be required to pay to the Com
of the Land Office, or
heir authorized agent an amount
sqnal to per cent OF his bid upon
he tract Of land, but In no event shall
laid amount be less than $4,000 and
y no event will any bid for any tract
u land be considered or accepted for
ess than the appraised value thereof,
provided, however, In the event that
essee Of any tract offered for saie and
lpon which bid has been Offered
md received. desires to and does then
md there exercise his preference right
2 purchase said land at the highest
I'D, he shall have the lawful right SO
Q do and II he SO elects, the sale Of
uch tract shall be made to him.
The remainder Of the purchase price,
owit: 95 per cent, shall be paid In
nrty equal annual payments with In.
crest thereon, at the rate Of per cent
or annum, provided, however, the pur.
haser Of amy tract Is given the priv.
ege at any interest payment after ex.
iration Of five years, to pay any or
u deferred peymants, both principal
Hu lnteNeSt
Before any person other than the
sssee thereof shall be qualified to
ID upon any tract Of said land. he s
hall deposit with the Commissioners \
the Land office Or their authorized
gent an amount equal to 10 per cent
the appraised value OF the lessee's
thereof and when such
post Is made and the person deposit.
g the same for the purpose OF quail
Ing himself to bid upon particular
act, and he Is unsuccessful in his bid n
n said tract. such deposit II desired n
/ the unsuccessful bidder will be re. Y
iued and he viii be qualified to bid
any tract offered for sale there
ter until he withdraws such deposit
A full and pofufiafa daoorfr,4<.. VI ~