New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-07-26
new MEXICO STATE Land SALES


side withis or sdjscent to the lsnSs and
timber covered by this contract.
4. The unit are. for cruising shall be
one or more sections At any one cruis::
ing. The cruiser on the completion Of
any cruise shall submit bis estimate Of
the amount Of the standing i've timbe,
ttn'G Ss 1--WE xs.' tIEm niSsn '0 Such '': e:.i% 1s '@. shall
be so made as to show separately the
amount Of standing live timber estimated
iraetionai sub:diyision Of any section. His
estimate shall be based on the Scribner
Decimal C Rule. or such other Log Scale
Rule as may be adopted from time to
ance for defective timber shall be- made
by the cruiser in his estimates and such
estimate report shall be filed with tn:
side the bark and three Is feet from the
ground shall be included by. the cruiser
in his estimates. The Commissioner shall
I Isgoi;h t and the .e eu5sha:s' o. : 'G 9%eejK.et at 'as q
same must BE- made by the Purchaser
copy, and in no event. shall the timber
covered. by such cruise be cut or removed
until the amount of tumpage has been
agreed upon.
S. The Purchaser will Pay for 2 mini;
mum Of ten million 100000 feet Of
January LIST, 1919, and not less than one.
twelfth of such minimum annua 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
s as'' the OF rs stmesf Of on the the ps sfst.S%; in sns
year after 1918, shall be less than ten
million (lO,OOO,U0) feet. board measure, the
difference between such minimum payment
and the h. prize f Of the , timber ,s so rs eru,ssd
to be made for timber in excess Of such
minimum amount in any future year or
years in which, at the request of the
Purchaser. an excess shall be cruised' IT
the request Of the Purchaser in any one
year shall exceed ten million QO,00O,0OU
feet, payment shall be made on December
3lst 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.
Of the Purchaser. by one cruise.
dIlC v NV ohN IAN S.N "AAS
by the Purchaser. and the amount Of
timber thus determined may be taken as
the basis Of settlement, but acceptance or
rejection of same u Be- made by the
ceipt Of copy Of report Of joint cruise.
and in no event shall the timber cover.
ed by such cruise be cut or removed un.
til the amount Of stumpage has been agreed
to accept the amount determin-
ed by such joint cruise, the Commissions
shall designate a scaler to be paid by the
who shall mark the timber to
by the scribner Decimal c Log Rule
Scale. or by such other Log Rule as may
States Forest Service; and in the
event Of a scale being had q: provided
a diameter Of ten QO inche: OF
more inside the bark, three 90 feet from
the ground, on any section shall be seal
ed and paid for. . All live tree: ten
bark, three 90. feet from the ground,
shall then pay for ali such
timber as determined by said scale and mark.
sasi,.,i Within 69 q. .hiF'y e, f'@ @on Sis' i stts' t tss
commencement Of the cutting on a sec:
lion so marked. all timber marked and
Uncut shall be measured and estimated by
he scslel and paid for by the Purchaser.
' " oCuuNtioh vi SiSSItVS AAhDN '" Ao6e
shall be made in scaling or settlement.
7. Nothing herein contained shall operate
10 prevent the Commissioner from order.
ng at his expense a scale Of the timber
icing so ordered and made, the Purchaser
hall pay on the basis Of the scale and
lot IN the basis Of the cruise.
The Commissioner shall designate by
anrL.~-p xha f;Sohar 20 he r.rf uh n act. |
cement is to be made on the basis OF
Paragraph Six (6), and all of such timber A.,
hall be paid for by the Purchaser whether
ut or not cut.
8. The word section" as used in this
shall be construed to mean all
4 the land in any one section which 10
by the State, whether a full sec.
ion or otherwise.
The word "stumpage" as used in this
shall be construed to mean the
mount Of timber in board feet, determin.
d by cruise, scale. or estimate, as pro.
ided for herein. l
g. 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
rovided for herein; but the Purchaser shall
ave the privilege Of making full payment
t any time for all the lands and, timber.
nd shall thereupon receive a deed in fee
for such lands and timber.
b.. At any time after the date of thi.
the Purchaser shall be entitled
he State in any one township affected by
mis- 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
!, a deed for any number Of outlying
or sections. forming exterior
OF the lands described herein,
:%s'e1 se a. ' to els ss a g'G ! ,i ny q n bound r1i:
y sections running East and West or
orth and South, az further explained thus: ,
n instance. in Township IL North, Range
West. the Purchaser must select first
he Purchaser agrees to select, IL any,
lie outlying row Of sections first and then
ter to select those sections adjacent and
ing next toward the center Of the town, {
given by the COMMISSIONS until all
such sections and the timber thereon {
,all have been paid for in full, a. herein !
s
Before this contract 10 delivered. i
e Purchaser agrees to deposit with the i
a. . guarantee for the faith. i
] performance Of all and singular the q
rms hereof. . check in the sum Of I
rtified by . national bank, or banks, in a
e State Of New Mexico, each Of which
all have a capital paid in Of not less
an Fifty Thousand Dollars ($5o,0Oo.), with 1
e paid-up capital; but the Purchaser )
ay substitute at any time in lieu OF n
ch certified check Twenty-F Five Thous- r
ID Dollars ($25.0O0.), of United States Gov. :
nment Bonds. Only coupon bonds will i
acceptable, but the Purchaser shall be !,
titled to the interest on such bonds as n
accrues. i
The Commissioner shall hold such de- 3
sit and upon default of the Purchaser 6
the performance Of any Of the terms n
this contract, said sum Of Twenty Five 4
Dollars G25,0O0.) shall inure to