The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1909-12-03
PUBLIC SALE OF OKLA
HOMA SCHOOL LANDS.

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
| 57340.6i acres Of Common School In
dcmnity 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 holt
days excluded
Said sale will be held at the door OF
the court house wherein the county
court of said county is held in the
city of Chandler, Oklahoma.
Said 57.S4061 acres of land are di-
vided into 361 tracts and each tract
with the improvements thereon. will
be offered for sale and sold separate
| ly. No person shall be permitted to
purchase more than one quarter sec
tion of land and all sales Of said land
shall be made according to the provi-
sions OF Article 2, of Chapter rs, 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 a valid lease, such per-
son as the lessee thereof, has the pref
erence 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-
praised value thereof Each tract OF
land shall be sold at public auction to
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
missioners of the Land Office, or
their authorized agent an amount
equal to 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 so
to do and If he so elects, the sale of
such tract shall be made to him.
The remainder OF the purchase price.
toswit: 95 per cent, shall be paid in
forty equal annual payments with in
terest thereon. atthe rate of 5 per cent
per 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
all deferred peymants. both principal
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
OF the Land Office or their authorized
agent. an amount equal to 10 per cent
OF the appraised value Of the lessees
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 particular
tract, and he is unsuccessful in his bid
for said tract such deposit II desired
BY the unsuccessful bidder Will be re-
tained and he will be qualified to bid
on amy tract offered for sale there.
after until he withdraws such deposit
a full and complete description Of