New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1920-05-21

provements consist Of fencing, value $4,000
No bid on the above described tract o
land will be accepted for less than Ten
DOLLARS 9io@ per acre, which Is tn
thereto the successful bidder must pay fo
the Improvements that exist on the land
Each of the above described tracts will
be Offered for sale separately.
The above sale of land will be subject
to the following terms and conditions, viz
Except for the land selected for the Santa
Fe and Grant County Railroad Bond Fund
the successful bidder must pay TO the
Commissioner Of Publis Lands or his agent
holding such sale, one-twentieth of the price
offered by him for the land, four per cent
interest in advance for the balance OF such
purchase price, fees for advertising and ap-
praisement and all costs Incidental to the
sale herein, each and all of said amount
must be deposited in cash or certified ex-
change at the time of sale and which said
amounts and all of them are subject TO
forfeiture to the State OF New Mexico, ii
the successful bidder does not execute a
contract within thirty days after it has
been mailed to him by the State Land Of
flee, said contract to provide that the pur-
chaser may at his option make payments
Of not less than one-thirtieth of ninety
five per cent OF the purchase price al any
time after the sale and prior 10 the eN-
%piratiou of thirty years from the date of
the contract and to provide for the pay
mont of any unpaid balance at the expira-
ton OF thirty years from the date of the
contract with interest on deferred payments
az the rate Of four per cent per annum
payable in advance on the anniversary OF
the date Of the contract, partial payments
to be credited on the anniversary OF the
date Of the contract next following the
date Of tender.
The sale Of land selected Tor the Santa
J., ord Cent tf.,tp+v p.1r1aI R,py E,,pd
will be subject TO the above terms and
conditions except that the successful hid
der must pay in cash or certified exchange
AZ the time Of sale, one. tenth Of the pur
chase price offered by him for the land
four per cent interest in advance for the
balance OF such purchase price and will
be required 10 execute a contract providing
for the payment OF the balance of such
purchase price in thirty equal annual in.
stalmcnts with interest on all deferred pay.
mcnts at the rate of four per cent per
annum in advanc payments and interest
due on October LIST of each year,
No person will be permitted to bid un
he has. prior to the hour set Tor this
sale, deposited with the Commissioner OF
Public Lands, or with the officer in charge
he amount Of twenty-five cents per acre
on all lands on which he desires TO bid.
Deposits Of all unsuccessful bidders viii
be returned.
The above sale Of land will be subject
10 valid existing rights, easements, rights
Of way and reservations.
All mineral rights in the above described
OF land are reserved to the State.
The Commissioned Of Public Lands or his
lgent holding such sale reserves the right
TO reject any and al bids offered at said
sale,
Possession under contracts Of sale for the
above described tracts will be given on or
fore October LIST, 1870.
Witness my hand and the affioial seal Of
M'tu-ss my hand and the Official seal oi
this eleventh day Of May, 1920
N. a FIELD,
Commissioner OF Public Lands,
State Of New Mexico
First Publication May II, l91r
Last Publication July q, 1920.