Show NE N V STATE LAND RULES RUS Commission Adopts Regulations for Lease and Purchase to Conform With Recent Legislation To ro conform with the acts passed b by th the theist ast legislature th the state stat board or of laud at a meeting adopted a new set ot of rules to guide ants for the leasin leasing or purchase of state ands The old rules under which the hoard has been acting have hap been out of date at for some time and for the post past thre the board has lIas been endeavoring co formulate rules that would conform ii 11 ever every respect with recent le legislation In 11 brief the rules rulEf art are las as follows Whenever an application to purchase or orase orase ase state lands landa Is Jt received by bj the board tie tle time and elate date ot of rl mut be thereon All such sueh applications will be referred to toa a to Investigate and when the tho report is flied the oard inard will ill take action the state lands are all reappraised 0 applIcations to purchase will be re reI I ired unless the applicant will offer G Gr lr r r acre or the appraised value alue when It No o appraisement of the staLe lands has been made for several tars ars and as a t consequence much land at the time the appraisement was ladt ade was valued at from 2 i cents centa to I 1 In n acre Is now worth as high as 10 is Intended to protect the tn in tr of the state with reference to this lass ass ot of lands until a ian be made II 11 applications must lit be accompanied ill is a JO 0 p per r cent payment of the lie price of offered fred together with it per cent interest on ont onI t I deferred payments up to the first day dayo o 0 Januari Januar thereafter The remainder lay bl be paid In ten equal installments with at jj 5 per cent I In Iii case a 11 second application Is made for fort t he fe same tract of land l d a higher price the original applicant shall be at Iwed wed to meet the increase and If he does a he Is entitled to the land If not the applicant sets gets it In ca case c there Tf rp two applicants who offer to pay the same ame and ana both are higher than the orbi na Ial applicants bid the choice shall be by lots between them The board will loan money on two t the assessed valuation of improved I arms at Ii 6 per cent interest The tant ant for It a loan must pay all the s j C examIning the property and of ext exe the mortgage Loans ot of this char chal ater er will be made for Cor terms of from fromor or to five fie years ears 11 those who wish to state lands 1 accompany their application with The h first years rental No o land hand will be for agricultural or grazing par pOSEs in temporary or permanent forest The board transacted other business or of routine nature and adjourned to meet the first Tuesday In September |