Semi-weekly herald., 1916-11-02


.edure as may be necessary and ap
lr1priate 90 recover tire same, and al
nJuucLlOu may Issue Witnout bond and
eee!ger be appomted Tor cause. when
F5rsciosure Of lands under deeds OF
crust given to the stale in accordance
pom the Same terms ana conditions ex-
ept as herein otherwise provided as
re prescribed by lIw 1or the fore
'los1ge Ot ordinary deeds ot trust to tile
cubic trustee and tine state board or
and commissioners or any officer OF
representative Of that board or the at
urney general or any representative OF
.teht 70 bid in, lD behalf of the state,
ud lBnda at aucn foreclosure sale. and
.Ae same shall be subject TO redeup-
Ouditlous aa are lands sold under deeds
crust IN ihe ordinary course OF bust
iess.
Ia tie event that such lands ais-i' "a
..d Ia la tehnli Of the state as afJre-
.rntiJued are not redeemed. deeds shan
30 executed ~ tue puouc trustee OF tins
afato OF Colorado and such land shat
hereafter Je under the control ana d.
tctfuu Of ttG state board ot land COM
ulaslunera, subject to ali terms and CON
Moons which now Oh hereafter may
lucd, however, tuat sucn lands shall
tOt constitute part OK the pubic
euooi lanu. but sAul De treated aud
5usidurel as in manner hereinafter
I4ntrpuen.
AS soon ass tue Geed from the public
lu4Lec auall issue to- Luc state, Tie
.4ile suAu loo ll4ucI ON record 10 the
s1pct duiJ HHn .He skate bnitfa on
..4u commissioners suAl ceruIy the
acts 10 tAc ai4te JJnEt uL e4 @uliAh-
Jl, ol Hu,u l-Aal ptll-er, bptru Ot
84loau a. may hereafter nave authority
. luuhe IeHea % tu uVuaN ut the state,
..stlB tAc amount nHr Gpln aasld ioah
" tHe 3CuUJl luuu, rA.lpt Lllat inter
Tor Lula plipoas aAaAl be chsIsed
u
.ulJ per uuuuu uIuu lhe principal
..u0uLt OF a..lI nD-e, lOsetHgr Wlln All
-AcS dde Oh bel1 i4-i4 a4 "ei ma ~
sOf fiacu, uNa The state uoald % eq"eil-
.ttJu OF such uluer ulA@gl board OF
l4 eau as n|as N-i-a I-ti nave AuthJLltJ
~ make Iysla4 m oena.t ul tue state
- vi saAes lQr staLe purposes as made,
llluue lu said levy "a t4-s upon All tAN-
t4ls plop-f,y rItulu the Stale, VI sui
.-.-ul aiuO4ut 10 reimburse tue acAoW
aha IOt luu amount Oh saiI loan, pr.n-
pal, Interest tnu lOala, Atu s4ch tlA,
.uau loae.taJ, litAu to-. by tne state
+r.taureD creuted 20 the STATE Eeioo!
III lands SO sold under foreclosure
4u cuu,py go To tac stale uy virtue ui
Iyu lyleglVa1.e W Que puule ttuh-ee
a., aA4lI Da u4l44-I upon separate
.s- properly ueals-4ta4 ~ tue stAte
J.ru uL luu4 c1IllI-4.ia41ii=f -tAa HAch
,u aNuie are sofa ~ tue A-A-e Luaiu
Il Iuuu commissioners, u-l moneys re-
slyeu lJr t4e purchase of sltn iAAu'
uAii ue puia Dy tAu register 0i the
.att board oil lluu commissioners 70 lhc
. l,lsuler " tua State o4 lJlOl ado, unu
leluteu 10 tua buua4u4 LluA Oh stlu
.Lte, C.tH luuu8A lte amount ol sdlu
4l1nls- pIlle BE- m uA,aaa Ok or iess
,.4tuaI a4t4 tAe interest taHteJu,
IA tng event tnut atJau4s becomes
-ess.ls, u,e st4.- BOARD ut i+Au conl-
..as4uaal- oI uua uN1lue5 general snal
u-tuuy ol uls treasurer 1l tue state
i OulOlauJ ,ui laIrIa, Including tht
a-9nslns 10 A4I loan, siFtHs u lhe
.-aa4tsI reeeipl therefor.
.au e..pauEua Ut -uplt4l.euseut ana eA-
..u4uuLlpu ut tu- l#Aut rae examination
uue th- l-eOiun5 vi ths Hted oL
ID uat. anu amy v-h-E eAA1Hses AeeeS-
.stty ion udIAHs said loan, shall us paId
y ll- -IlIl-ut, 4ul luc state uutrd o.
aal couuuasl9nela w-y, AviH Liie 10
.Js.t us may We us-aaa-ts 10 de4iay
..-U eApuuses.
Iue stale UourI ol land commissioners,
uLy AL lts u4seIeunis tr4uAle Tue up-
meant, When tue ly1A as lt1et 10 car
y appropriate Insurance uu tne D-ht-
iss Jl uue plemIaCa covered uy lHe 4eeu
IL lrust IA iAfJt pt tue state Vl Colo
aao, SUCH insurance puLGy TO pe pine
'u1 slate VITA luu hutt, abstract ANA
lauu OF trust Iua lul lttIute OF tlle up-
IAcdnt 10 pa5 plennhiAl ul'Jn si4d POI
ey oL insurance WAgA LHe same utCoihl
.uu, small be auIugl-ul cause lof de-
l4.iul lIe principal vi aatQ loan uus
and payable.
4u the event tlut uuy property upon
,IcA the slate Jf OuloIalO holds d
aauuDr aforementioned, shall, after the
.Aeluuou OL auGn deed u trust, DC IA
ludcu lu any uIl--LvA uiatilut, ulalll-
AsI district tl any uttuL uistit-t Nuclt-
u q levy ls made Tor local public I'M
IIoNCmuuLai the h-n thereby created
suali be subject 20 and subordinate 10
it the state, Which SHAH ue iu nu%.lsu
4ctcuLed uy Uue lien uL 6G-n Irgauun
4seuqt drainage district or loou pun
ly Improvement
NlilIDr shall any au-n land be sub
lcl 10 taxes Wu4-u ulCl4e lOt any pur-
lsc after puuNl trustee uetu tleic
80 ausA uufC been s2-aau--4 lh uehatl
.l Lue 5tlle oil COLORADO as herein
mere are taAes puur luan thuau
IlsiuE Out OF Jr lu cuuu-etiuu with auy
irrigation distinct, drainage district, oi
ir ualuIL, Wilgu Dc i. necessary 70 pay
u Ultlt tu preserve tic teu ul tie deco
il u4al iu lavot 9l ehe state, me stAtt
iJaIu Of Land eoullllssiui-t au"ll cert
= tAat Ilti 10 lue state lIeIs Iler, Civ
.4- the amount ul aaNu tAaes and LAN
.sate .Ilsaulel a4444 remit such amouut
.lIus ms receipt therefor. such puy
uaut 30 ua Ilale from Tile school FUND
ana charged al part OK die loan against
De deut0f,
Applications fOr loans upon improved
ann lands shall, aa soon 4a pl4CJeaule
.tlei tug aau. uusC been received b.
ue state luulu ul land commissioners
le posted lu some conspicuous place
ipeu 10 puudlc Inspection lu ulu office
lI tue state board ol la4d commission
.rs, and sulh notice shall EIye lue uumr
lL the applicant, the 4Uuuut oil money
ppucd tur, tuc Description Ui Lhe
1lopeIly offered as security and The
uue Lon which lue loan ls desired, ANA
~ such applications lauu be consider
ID by the board in tue crder IA which
.uey are received.
uhe State board Of land commission
MS shall mahg all rulla and reguln.
IONS necessary tgF tlc gIleCtua per
JrmauCe OF lNl t-.HH pl Llla ugt, not
ucuuslateut herewith. lud shall have
le right o. any reasonable time. 10
squire NON tiil alnts treasurer d state
neut OF tAe tJtIl umogut OF money "a
.ne puoie school iuud, Che amount in
eltto and lUC mauulr in which IL Ia In
astcd, together VAIN tha time Tor which
j. b. Invested, tI9 t@tc of Interest which
& ocara. lnd also tine amount In said
4ud uuiuvC ed.
section 3. Tuut aecdons 5I0S.
i 600 5-ll 5lgZ. 52j5 5-l4