New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-07-12
new. MEXICO STATE Land SALES

.eod:man 'h.ll have police power and re;
timber covered by this contract.
4. The unit area for cruising shall be
one or more sections at any one cruis.
ing. The cruiser on the completion of
any cruise shall submit his estimate of
the amount of the standing live timber
on the area designated to be cruised. All
timber with green tops shall be deemed
be so made as to show separately the
amount of standing live timber estimated
to be on each forty (4O acres or each
fractional sub division OF any ~sectios. His
estimate shall be based on the Scribner
Decimal c Rule, or such other Log Scale
time by the United States Forestry De.
partment in this district but no allow
ance for defective timber. shall be made
by the cruiser in his estimates and such
Commissioner. All live timber with a
diameter of ten do inches or more in,
side the bark and three 90 feet from the
ground shall be included by. the cruiser
furnish to the Purchaser a copy OF such
report. and acceptance or rejection Of
same must be made by the Purchaser
within thirty 500 days Of receipt of such
covered by such cruise be cut or removed
until the amount of stumpage has been
agreed upon.
S The Purchaser will pay for a mini.
timber during each year beginning with
January LIST, 1919, and not less than one.
twelfth of such minimum annual payment
shall be paid in advance on the first
day OF each calendar month, beginning
Of Ten Dollars $1,000 per day. additional
for each and every day during which
such monthly payments may be in de.
fault. In the event that the number OF
feet of timber on the sections cruised
at the request OF the Purchaser in any
year after 1918, shall be less than ten
million Q0.0m,WO) feet. board measure, the
difference between. such minimum pay ment
shall be applied to reduce the payment
to be made for timber in excess of such
minimum amount in any future year or
years in which, at the request of the
the timber upon the section cruised at
the request Of the Purchaser in any one
year shall exceed ten million Q0.0OO,00U
feet. payment shall be made on December
31st of each year for such excess for
the preceding year.
6. In the event that the purchaser shall
be unwilling to accept the cruisers es.
Inmates as basis for payment for the timber,
a joint cruise shall be made at the ex.
Vas VI Nv hhShnoS W ohS NioioSI
named by the Commissioner and one named
by the Purchaser. and the amount Of
timber thus determined may be taken as
the basis Of settlement. but acceptance or
Purchaser within thirty (sQ day. 81 re.
ceipt Of copy Of report Of joint cruise,
and in no event shall the timber cover.
by such cruise be cut or removed un:
upon; and il the parties shall then be
to accept the amount determin-
ed by such joint cruise, the Commissioner
shall designate a sealer to be paid by the
b Pur1 n.;s 10, who snd sh: ALL, mark sns the m.t timber tho to
same by the Scribner Decimal C Log Rule
Scale, or by such other Log Rule as may
then be in use in this district by the
States Forest Service; and in the
ior herein all of the live standing timber
having a diameter Of ten OO inches or
more inside the bark, three 90 feet from
the ground, on any section shall be seal.
5 TO- i inches ' Or more 1907: in a" diameter "se i INSIDE t tSe
bark, three 81 feet from the ground,
shall be marked for cutting. The
Purchaser shall. then pay for all such
i,%'e' Y Wi dsisFm .hisay BY o ;S'd d iss,s an. aite1 mark The
expiration Of sly 0 months from the
commencement Of the cutting on a sec.
ton SO marked. all timber marked and
Uncut shall be measured and estimated by
IC oNdiNi uhu pdNo vi W thC
deduction for defective timber or logs
shall be made in scaling or settlement.
Z. Nothing herein contained shall operate
to prevent the Commissioner from order
ng at his expense a scale Of the timber
IN any section or more, and upon q scale
,eing SO ordered and made, the Purchaser
shall pay on the basis Of the scale and
,ot on the basis OF the cruise. |
The Commissioner shall designate by
markings the timber to be cut VIII n set.
lement is to be made on the basis Of
Paragraph Six TO-. and all Of such timber
'hall be paid for by the Purchaser whether
ut or not cut.
8. The word section az used in this
contract: shall be construed to mean all
, II the b land III. in s say ONE %b. ;ss,i0a S ;n1i SECS !:
ion or otherwise.
The word ~"stumpage" as used in this
Igreement, shall be construed to mean the
d by cruise, scale. or estimate. as pro-
for herein.
9. The purchaser shall be entitled to
eceive a deed for any OF the lands cover
d by this contract:
a. When payment in full for all lands
nd all timber shall have been. made as
IOVlueQ lot neIelns DuI the purchaser uHdli
ave the privilege Of making full payment
I any time for all the lands and timber.
nd shall thereupon receive q deed in fee
nipple for such lands and timber.
b.. At any time after the date OF .thi:
greement the Purchaser shall be entitled
o a deed for all Of the lands owned by
he State in any one township affected by
his contract upon full payment for lands
nd timber in such township.
c. At any time after the date OF this
greement, the Purchaser shall be entitled
0 a deed for any number Of outlying
es1aGnsi Or Of the ise''H lands ' Geselised eh heTein,
selection shall be made by the Pur-
so as to clean up . line Of bound
~ sections running East and West or
Iorth and South, as further explained thus:
, West, the Purchaser must select first
sections II and "a or z, 4, and 6.
he Purchaser agrees to select, II any,
he outlying row OF sections first and then
ring next toward the center Of the town
hip. But no deed for such lands shall
E given by. the Commissioner until all
I such sections and the timber thereon
hall have been paid for in full, as herein
10. Before this contract 10 delivered
ne Purchaser agrees to deposit with the
ommissioner, as a guarantee Tor the faith
II performance of all and singular the
rms hereof, check in the sum of
wenty Five thousand Dollars (25,Ooo.),
by q national bank, or banks, in
lie State Of New Mexico, each Of which
hall have a capital paid in of not less
ian Fifty Thousand Dollars ($sO.O0o.), with
surplus of not less than one-half Of
re paid.up capital; but the Purchaser
lay substitute at any time in lieu Of
,ch certified check twenty-five Thous.
nd Dollars (2S,000.), Of United States Gov.
,nment Bonds. Only coupon bonds will
!. acceptable, but the Purchaser shall be
,titled to the interest on such bonds as
accrues.
The COMMISSIONS shall hold such de.