The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1910-09-13

acres. SAID sale Will be governed
by the laws of said State and the
Rules and Regulations of the Commits
sloners Of the Land Office OF said
State.
The terms and conditions of the
sale of said land and improvements
are as follows:
No bid can be made for the i'm
prONements upon any tract of land to
be sold, but the improvements on any
tract snail be purchased and paid for
by the successful bidder for the land.
On each tract of and for which some
person has a Valid lease, such person
as the lessee thereof has the preference
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 purclas same ct the appraised
value thereof. Each tract of land
shall be sold at public auction to the
highest bidder and such bidder upon
the acceptance Of his BID, is required
to pa to the commissioners of the
Land Office, or their authorized agent,
for the use and benefit of the lessee
of said tract, the appraised value CT
the improvements thereon as shown
by the official appraisement thereof
and in addition to the payment of
the appraised value Of the improve
ments, the successful bidder shall,
upon the acceptance OF his bid, be
required to pay to the Commissioners
Of the Land Office, or their authorized
agent, an amount equal to 8 per cent.
Of his bid upon the tract Of land,
but in no event shall aid amount be
less than $50 and in no event will any
bid for any tract Of land be consid-
cred or accepted for less than the
appraised value thereof: Provided,
however, in the event that the lessee
Of any tract offered for sale and upon
which a bid has been offered and re-
/ nyyo 6aciro0 TO and dnaQ fhnn 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 said
tract shall be made to him.
The remainder of the purchase price,
tO-Vit: 95 per cent, shall be paid III
forty equal annual payments with in
terest thereon at the rate Of 5 per
cent. per annum, provided, however,
the purchaser of any tract is given
the privilege at any interest payment
after expiration of five years, to pay
any or all deferred payments, both
principal and accrued 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 author
lied agent, an amount equal to 10 per
cent. of the appraised value OF the
lessee's improvements as shown by the
official appraisement thereof and when
such deposit is made and the person
depositing the same for the rpo
of qualifying himself to bid upon q
particular tract is unsuccessful in his
bid for said tract such deposit, if de-
: sired by the unsuccessful bidder, Will
be retained and he will be qualified
to bid on any tract offered 1or sac
thereafter until he withdraw such
deposit, provided, said deposit must
equal 10 per cent. of the mprove1ients
or the tract on which he
bids.
A full and complete description OF
each tract can be had upon applica-
ton to said Commissioner of the
Land Office and upon request q
j, pamphlet containing g ist
Of said lands by section, township ana
!, range together with a de
scrintion of each tract thereof, with
: ~mnroyements thereon and setting out
the appraisement Of the land ana the
, improvements, an abstract OF the laws
authorizing the sale Of sad lands ana
j. the rules and regulations adopted by
the Commissioners Of the Lane Once
will be furnished free of cost to any
+, person. 49,
;. Commissioners of the Land Office OF
:, the State Of Oklahoma or R.. E. Wood
kSuIerintendent OF Sales, ohlahoLi"
r City, Oklahoma. .
Witness our hands in the City OF
! Oklahoma City in said state on TINS
2eth day Of August. 1910.
c.. N. HASKELL,
Il Governor.
THOS. P. SMITH.
! Secretary of State.
M. e. RAP
State Auditor.
8 F. D. CAMERON,
Superintendent OF Public instruction
! J. P. CONNORS,
President Board Of Agriculture
! Comnosing Commissioners OF the
land Office Of the State OF Okla
bona
, Attest: S. w. STONE.
= Secretary.