The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1946-03-28

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OF SALE OF MORT
GAGE LANDS OWNED BY THE
STATE OF MONTANA IN BIG
HORN COUNTY
Office Of Commissioner of State
Lands and Investments
Helena, Montana
March z, 1916
NOTICE Is HEREBY GIVEN
that the Commissioner OF State
Lands and Investments for the
State of Montana will receive
sealed bids up to 200 o'clock,
p. NJ, Tuesday, April %, 1916,
at the office of the Commits
sioner, State Capitol, Helena,
Montana, for the sale of the
hereinafter described mortgage
lands owned by the State Of
Montana in Big Horn County.
All bids should be addressed to
the Commissioner, enclosed in
a sealed envelope marked "Bids
on Mortgage Lands" and &C
companied by a certified check
for the initial payment and
fees as hereinafter explained.
All bids will be opened on the
date and at the hour above CIV
en- and all bidders and other
interested persons are invited
to be present If they so desire.
After the bids have been op-
ened and the highest bid has
been determined the lessee shall
be granted the preference right
to purchase the land at the
highest bid made by any other
bidder.
Description of Land
All, Section 81, Township l
South, Range 81 East, M.P.M.,
containing $40 acres, more or
less, appraised at $5,568.0O y.
Terms and Conditions OF Sale
The sale will be held under
the provisions of Chapter 165
of the Political Code, r. c. M
1885, and all acts amendatory
thereof. No land shall be sold
for less than the appraised
price.
Every bidder upon the lane
shall accompany his bid with q
certified check for not less thar
20 per cent of the total adver-
tised and appraised price as
shown above. The purchaser il
required to pay in cash on the
date of sale not less than q
per cent of the total purchase
price, and in case the balance
on the purchase price is moi
an exact multiple of $500
then he shall pay such add.
tional sum as is necessary tx
reduce the balance to an ever
multiple of $500. He may al
his option pay a larger portion
of the purchase price. He Is al
50 required to pay the sum o.
$500 as a fee for the deed o.
each certificate to be issued tt
him.
The entire balance of the pur.
chase price draws interest a
the rate of 5 per cent per an
mum and will be payable on tn
amortization plan in 20 annua
instaAmentS.
All sales are made subject tt
the approval and confirmation
of the State Board OF lant
Commissioners and no sale shall
be deemed completed until aft
er such approval and the issu'
of the certificate of purchase.
The State reserves all miner
ais in the land sold excepting
that the purchaser of mortgage
lands shall be entitled to re
ceive a royalty of six and one
fourth (6A) per cent of al
gas and oil produced from sucl
mortgage lands as provided b:
Section 1866 5 R.. c. M. 1885
The state will have a lien OF
the crops on all lands sold TO
installments on principal an,
interest on the unpaid balanc
of the purchase price. tn
lands will be sold subject to al
right-of-way and other ease
ments and all reservations, In
Guiding Federal reservations, ob
tanned in the land prior to tn
date of sale.
In the case of lands unde
lease GI1e pu1CA4doCA SAAoA1 ~
given possession by the Stat
on March l next succeeding tn
date Of sale and not before, un
less the lease expires prior t
that date, except through spe
cial agreement between tn
purchaser and the Jesse.
If no bids are received for tn
land advertised and the land !
not sold on the day set for TN
sale, it may be sold by. tn
Commissioner at private sale a
any time within two years fror
the date fixed for the sale un
der previous notice, TO- an
qualified person who will pa
the appraised price and max
the required initial payment.
J. w. WALKER,
Commissioner of State Land
and Investments of the Stat
of Montana.
Pub: March "A, d. 49,
NOTICE TO CREDITORS
ESTAT OF MICHAEL. JOSEF