New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-07-05
new MEXICO STATE Land SALES

woodsman shall have police power and re
side within or adjscent to the lands an
timber covered by this contract.
4. The unit area for cruising shall b
ins. The cruiser on the completion O
any cruise shall submit his estimate @
the amount Of the standing live timbe
on the area designated to be cruised. Al
timber with er,en tops shall be dee%e,
be so made as to show separately tn
amount of standing live timber estimate,
TO be on each forty (4O acres or eacl
fractional sub .division of any section. Hi
estimate shall be based on the Scribnc
Decimal c Rule. or such other Log Seal
Rule as may be adopted from time t.
time by the United States Forestry De
partment in this district but no allow
anee for defective timber shall be mad
Commissioner. All live timber with
diameter of ten (W inches or more in
side the bark and three 90 feet from thu
ground shall be included by. the cruise,
in his estimates. The Commissioner shall
furnish to the Purchaser a copy Of sucl
report, and acceptance or rejection o
same must be made by the Purchas Sc,
within thirty 900 days of receipt of such
copy, and in no event shall the timbe,
covered by such cruise be cut or removed
until the amount of stumpage has beer
agreed upon.
S. The Purchaser will pay for a mini.
mum OF ten million (1O,OO0,OO feet OF
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 %eruised
year after 1913, shall be less than ten
million 10000, 600 feet, board measure, the
difference between such minimum pay ment
and the price of the timber so cruised
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
Purchaser. an excess shall be cruised. II
the timber upon the section cruised at
year shall exceed ten million 10000. 600
feet, payment shall be made on December
3lst of each year for such excess for
the preceding year.
s. In the event that the purchaser shall
Inmates as basis for payment for the timber,
a joint cruise shall be made at the ex-
pense of the Purchaser, by one cruiser
named by the COMMISSIONS and one named
timber thus determined may be taken as
the basis Of settlement, but acceptance or
Of same must be made by the
Purchaser within thirty (3l days Of re.
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
upon; and if the parties shall then be
to accept the amount determin.
ed by such joint cruise. the Commissioner
Purchaser, who shall mark the timber to
be paid for and scale and measure the
same by the Scribner Decimal c Log Rule
Scale, or by such other Log Rule as may
State. Forest Service; and in the
event of a scale being had as provided
for herein all Of the live standing timber
a diameter Of ten OO inches or
more inside the bark, three C) feet from
d and ' paid J. for: All live tree. ten
bark, three (O feet from the ground,
shall be marked for cutting. The
Purchaser shall then pay for all such
ing. Within thirty 900 days after the
expiration of six l) months from the
commencement OF the cutting on a sec.
lion SO marked. all timber marked and
uncut shall be measured and estimated by
he scaler and paid for by the Purchaser,
deduction for defective timber or logs
shall be made in scaling or settlement.
:. Nothing herein contained shall operate
10 prevent the commissioner from order.
On any section or more, and upon a scale
so ordered and made, the Purchaser
shall pay on the basis OF the scale and
not on the basis OF the cruise.
The Commissioner shall designate by
markings the timber to be cut VIII n set.
Element 10 to be made on the basis Of
Paragraph Six (6), and all Of such timber
shall be paid for by the Purchaser whether
tut or not cut.
8. The word section as used in this
shall be construed to mean all
If the land in any one section which 10
owned by the State, whether . full sec.
ion or otherwise.
Thu word "stumpage" A. used in this
lgreement, shall be construed to mean the
mount OF timber in board feet, determin-
ID by cruise, scale. or estimate, as pro-
,ided for herein.
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
provided for herein; but the Purchaser shall
lave the privilege Of making full payment
It any time for all the lands and timber,
nd shall thereupon receive q deed in fee
imple for such lands and timber.
b. At any time after the date Of this
Igreement the Purchaser shall be entitled
o . 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
the Purchaser shall be entitled
boundaries Of the lands described herein,
I selection shall be made by the Pur-
haser % a. to clean Up . line Of bound.
North and South, as further explained thus:
or instance. in Township IL North, Range
Q West, the Purchaser must select first
ither sections II and "a or 2, 4. and 6.
he Purchaser agrees to select II any.
alter to select those sections adjacent and
wing next toward the center Of the town
hip. But no deed for such lands shall
e given by the Commissioning until all
hall ! iof have :e Seea p. id0 for s0f in 'i fu1i' a. 'f berein
10. Before this contract 10 delivered
he Purchaser agrees to deposit with the
III performance Of all and singular the
erms hereof, . check in the sum Of
twenty. Five Thousand Dollars ($2s.0O),
by . national bank, or banks, in
he State Of New Mexico. each. Of which
han Fifty Thousand Dollars 0so.ooo.), with
surplus Of not less than one-half Of
he paid.up capital; but the Purchaser
nay substitute at any time in lieu of
UGH certified check Twenty. Five Thous.
nd Dollars C2s,000.), of United States Gov. |
rnment Bonds. Only coupon bonds will
e acceptable, but the Purchaser shall be
ntitled to the interest on such bonds -
accrued.
The COMMISSIONS shall hold such de-
and Upon default Of the Purchaser