New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-06-07

leCB 70 III v0t0 SxlUyl18 bkobup GooSkoS8b8
rights Of way and reservations.
Il. It 10 understood and agreed ths.
the timber On al Of the lsnds deseribsd
and paid foS. under al and singular u
terms and conditions herein expressed. Aas
ia the event Of the s:ie OF ~ 2. ~
81" TO- other. than the Purchaser heseiA.
or II the said lands are not sold. . gen:
eral right.of-way for. cutting. logging, and
operating thereon. shall be reserved. and
ehs.er. But 4 tie issds IN said Schedule
B shall be bid in By and sold to thu
Purchaser herein, then said lands shall r.
subject to all Of the conditions in this
ss:sr;ssd v IL se s.s ie'!!i;ae'f h. 70 the attach. ,.sS.
Is. At n time when there shall re:
the lands uncut. but not later than Jssus2
lst, 1857, the Commissionef will submit
estimates Of all the timber remaiAing a.
paid for upon the lands herein. and II
receipt Of such notice, advise the Com
missioner Of its concurrence or non.oos-
currence in the correctness 81 such estim:
ate.: If the Purchaser shall consus. find
:: :f': .seS :..; :n:', be Il H, 4. Y Ysaeh: tie : :s:i;
refuse to concur in the estimates 70 sab
mitted. then the amount Of timber in dis
pute shall be determined BY . cruise and
sppointsd By the Judge Of the Uai.ed State:
District Court for the District in which
the Capital of Ne" Mexico may then b
Payment shall thereafter be made - IL
provided for in Paragraph Five % here
Of; but il the timber ON the sections cut
upon during any one year shall exceed
. .ss,, million Ss paid H1 TO- 90 p sse:; :sen SIS. s.ei e:
LIST. 1889, payment in full for ali lands
and the timber thereon must be made in
order to avoid forfeiture of the contract
and all previous payments.
In the final year of cutting, il there
shall remain less than ten. million a.
10000, feet Of timber p The lands, tne
graph Five () hereof. shall be made %
a basis Of one.twelfth O.12) Of the amount
Of such timber 30 remaining.
"A. 1t is understood and agreed BY both
parties hereto that the purpose Of making
provision herein for annual payments on
the purchase price Of the lands 10 strict
y in the interests Of and for The bsa:ft
leo it being admitted to be in the in.
terest of the State to require a more
stringent contract in this regard than 10
specified BY statute.
IS. It is understood and agreed BY
both parties hereto that inasmuch a. the
sale Of the lands and timber herein des-
cribed, is made at public auction and up
in full, nc modification OF this contract
or of the terms thereof shall hereafter
be made.
16. This agreement shall inure to the
hepofit of and he hindinp tinan the naFtiea-
their respective successors and assigns. N
the office of COMMISSIONS Of Public
Lands shall be abolished, the public Of
d iIsi;l most of Il. ne cnmmI psi59.%i NJ Public ,hd pI T.nS:
shall be substituted for the COMMISSIONS
of Public Lands for all purpose OF this
agreement.
THE PURCHASER AGREES that the
to be made as hereinbefore set
forth, will be made promptly and ON the
dates on which they become due and
payable. and that all taxes and assess.
such land shall be paid by said Purchaser;
that this contract shall not be sold, as
signed or transferred in any. manner what
soever except as provided hereins and IN
transferred in any manner whatsoever to
any person, corporation or association Of
persons, who are not qualified to purchase
state lands to the extent embraced here
I'M tHat tuiS iduu 10 DcluB puICudsCu ~
Only; that while the land herein contract.
ed for 10 believed to be essentially non.
mineral land. should mineral be discovered
agreed that this contract is based upon
the express condition that the minerals
therein shall. be and are reserved to the
fund or institution. to which the land be-
longs. together with right of way to tne
his authority, to at any. and all times
move upon said land and mine and re-
move the minerals therefrom without let
or hindrance. But no reservation OF min.
shall be made in deeds given uuder
the terms Of this contract for lands NOT
known to contain minerals in paying
quantities At the time Of the execution Of
such deeds.
IT is EXPRESSLY UNDERSTOOD AND
by and between the parties here
to that time 10 the essence Of this con-
tract, and that If default 10 made BY the
sidsd Ssrs in any oi e # an. sns 0 81 the :on a; sas;
and agreements set out herein are not
truly kept and performed BY, the said
at the time and in the manner
and may" may BE- cancelled "s At the option Of the
and all payments, with in
t~erest, shall become liquidated damages, up.
On failure Of the purchaser to comply with
m In,iss u to the a0t address 81 'n siSen herein re cameo snd
rights of the purchaser to acquire the
above land shall cease, and his rights In
md thereto end. and the Commissioners
shall be entitled to immediate and e.slu;
to repossess and enjoy as though
his contract had never been made.
IT IS FURTHER UNDERSTOOD AND
AGREED, that posse ssion to lands herein
contracted for and held under existing
eases at the date hereof, do not come
nto the possession of the purchaser until
october LIST, following date hereof.
(Signatures, etc.
Sale No. liz, - SK, Sec. 20; All of Sec.
ions Is, 80, %, "a; T. II NJ, R. u W.,
8 Il ~, sFs s%%. !? ssse = T. y; 7 T.. II z 4, 4 4. Il &
". containing 9laO acres. No bid on this
ract will be accepted for less than Sis
'er acre. to be paid as provided in para
ands are referred to in paragraph u Of
aid contract as schedule B lands.
Sal. No; liza sN. Sec. 2; All of Sec.
]; r + j. Ssf n. d r.. Z + ": s h Al N & e,
Sec. 6; NhNEN. SWNNET. wa.
IWNsEN, Sec. 81. All. of Sec: is;. SWN,
!. Al 70; ii e. T.: NAVY y. wv S.: swN IN. NNNx SIS.
sWNsWK. SEX. Sec. u; Tt
L. R. II w., Ali Of Sections I, 10; T.
2 NJ, R: IS W., All of Sec. 81; T. - n,
5 W., containing SO6s.SO acres. No bid
ill be accepted for less than Sis per
ere, to be paid as provided in paragraph
ne Of the above contract.
Sale No. LIS - All of Sec. r.; NJ, Sec.
:; sWN, Sec: 90 NJ, Sec. q; EM. SWN.
,NWANWN, sNNWN, So, Sec. q; All
IONS 10. il. rs; NH, Sec. %; All Of Sec.
q, "a, Is, q, 30, q, T. 10 N, r. Is
v, All Of Sec. q. EX, Sec. =; All Of Sec
.ons 10. u. ~; ny, Sec: q; All Of Sec