New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1918-07-05

on. and across the said isnds, With dsh,
OF ingress and egress at al times Tor sue
puIposes. And thi: contract y Issued sut
rights Of way and reservations.
II. 1t 10 understood and agreed ths
! q s. timSst ~ E all Of the h land, de. describe msd
a part hereof. shall be sold, cut. .logge,
and paid for. under all and singular tn
terms and conditions herein expressed. An
in the event Of the sale Of any, or q
"B" to other. than the Purchaser hereir
or if the said lands are not sold q gen
eral right-of-way for cutting. logging, an
operating thereon. shall be reserved, an
e ehs same But !. + heI ,hs ls ssint I'D . .G ' sehe luI
Purchaser herein, then said lands shall b
subject to all of the conditions in thi
contract which are applicable to the land
ed.
IS, AT any time when there shall re
main not more than ten Q0) sections O
the lands uncut, but not later than Januar
LIST, 1887, the Commissioner will submit
estimates OF all the timber remaining I'm
paid for upon the lands herein, and tn
Purchaser shall within thirty 800 days afte
ItNClpt u sutH NOTICE., ADVISE Inc lOm
missioner of its concurrence or non-con
currence in the correctness of such estim
ates. II the Purchaser shall concur, fina
settlement shall be made upon the basi
of such estimates. II the Purchaser shall
refuse to concur in the estimates so sub
mitted, then the amount OF timber in dis
pute shall be determined by a cruise ant
estimate made by one or more cruiser
appointed by the Judge Of the United State,
District Court for the District in which
the Capital of New Mexico NAV then h,
situated.
Payment shall thereafter be made as il
provided for in Paragraph Five C) here
Of; but if the timber on the sections Gu,
upon during any one year shall exceec
ten million OO.6oo,M) feet, such exces.
shall be paid for on December 3lst, fol
the preceding year. On or before IanuaI,
and the timber thereon. must be made il
order to avoid forfeiture Of the contrac,
and all previous payments.
In the final year of cutting, if Their,
shall remain less than ten million 40,
ND,OU) feet OF timber on the lands, the
monthly payments provided for in Para
graph Five G) hereof, shall be made on
"a basis OF one-twelfth Q-12) of the amount
OF such timber SO remaining.
a. 1t is understood and agreed by both
parties hereto that the purpose of making
provision herein for annual payment on
the purchase price of the lands is strict
ly in the interests of and for the benefi,
and protection OF the State of New Mex
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. 1t is understood and agreed by
both parties hereto that inasmuch az the
sale OF the lands and timber herein des-
Crghed ia Vpade at n,,hltc aurt;nr orJ ,n
on advertisement setting forth this contract
in full, nc modification of this contract
or OF the terms thereof shall hereafter
be made.
l6. THE agreement shall inure to the
benefit Of and be binding upon the p%arties,
their respective successors and assigns. II
the office of Commissioner of Public
Lands shall be abolished, the public OF
fetal most nearly performing the presen,
duties Of the Commissioner Of Public Lands
shall be substituted for the COMMISSIONS
of Public Lands for all purpose of this
THE PURCHASER AGREES that the
payments to be made as hereinbefofe set
forth, will be made promptly and on the
dates on which they become due and
naya1'e; that ahd may t1at be az levied .a'e Or a asse. ssie: on
such land shall be paid by said Purchaser;
that this contract shall not be sold, az.
signed or transferred in any manner what.
soever except as provided herein, and 10
in any manner whatsoever to
any person., corporation or association Of
pei sons, who are not qualified to purchase
state lands to the extent embraced here.
in. that this land is being purchased for
the purpose of grazing and agriculture
Only; that while the land herein contract.
ed for is believed to be essentially non.
mineral land, should mineral be discovered
thereon it 10 expressly understood and
agreed that this contract is based upon
therein shall be and are reserved to the
fund or institution to which the land be.
longs. together with right OF way to tine
C!ommis:ionv. or any one acting under
move upon said land and mine and re.
move the minerals therefrom without le,
or hindrance. But no reservation Of min.
shall be made in deeds given under
known to contain minerals in paying
Quantities at the time Of the execution Of
such deeds.
1T IS EXPRESSLY UNDERSTOOD AND
by and between the parties here.
to thai time is the essence Of this con.
tract, and that II default 10 made by the
purchaser in any Of the payments as pro
herein. or If any Of the condition.
and ,1Slv af feet ans Sc, ne,fo oua heI Sy ,s sse , nGi
III hNRt ouu k"S seAo
purchaser at the time and in the manner
as herein provided, then this contract can
and may be cancelled at the option Of the
and all payments, with in
terest, shall become liquidated damages, up.
on failure Of the purchaser to comply with
thirty days notice Of intention to cancel
to the address given herein, and
rights of the purchaser to acquire the
above land shall cease, and his rights In
thereto end, and the COMMISSIONS
shall be entitled to immediate and exclu.
sive possession Of the herein described
premises to repossess and enjoy a. though
1T is FURTHER UNDERSTOOD AND
AGREED, that posse ssion to lands herein
contracted for and held under existing
leases at the date hereof, do not come
INTO the possession of the purchaser until
October LIST. following date hereof.
(Signatures. etc.)
Sale No. lzzs - 81, Sec. 90; All Of sec
lions %. 80. 80, "a; T. II N, R. "A w,
8; M, sWN, Sec. "a; T. Ii n. R. IS
tract will be accepted for less than S.l5
per acre, to be paid as provided in para.
graph one Of the above contract. These
are referred to in paragraph II Of
said contract as schedule "B" lands.
Sale No. IL. :. sH. Sec. 2; All Of Sec.
4; r I. ii H.. R. 6; ". SSEH," NHsEN,
Sec. 2; T. II n, R. II W., SWH, NWN
SEX, See. 6; NhNEN. SWNNEH. W.