| Show NEW fOR STATE LANDS Commissioners Adopt New Rules Governing Their Future Disposition n nAS AS PER ACT OF LEGISLATURE hit u t lIe t liy by h hT Ton Ten T Per J cr If n if Iolee 1110 Anil 1111 at Ut r i Per Irr Cent Cont In Ii 11 order to tn conform to the th acts noto by b the UIO lu lust lul t legislature tho the state Into board of lend commIssioners hula han adopt adopted ed od now cow rule ruic tho leasing and anti of ot still state The Tho ho first t rulo rub In Is that tiu t whenever un nn application to tol purchase l ur or state ette tc land lamia la is received liy by l Y tho the board the tho time and MI arid date dato of its Ita receipt must mURt bo be 1 All uch weh applications lIt will VIII Ira be referred to one ono of ot lice thu commissioners for tot Investigation gation gaton and hie 1118 report IB Is received roc tho the board boRre will wilt then than take t kc on un tho matter Until the tho lands la ds aro are 11 no 10 application to will wilt be received unions Is tho lIce applicant offers pop per nero aura or the appraised value when It 11 ex ox exceeds that amount INTEREST IN bi ADVANCE ADV A CE Applications to purchase must bo ac oc accompanied companied com by 10 per coat cent c nt of ot the tho price offered with 5 Ii por per cent Interest ton on tho the deferred payments Up tip to tho the first day cay of January thereafter The Tho remainder may maybe maybe maybe be paid In 10 equal Instalments with Interest nt at 5 Ii per cent When a n second party makes application lion tion to a IL tract of land and offers a better price tho the first applicant nt will be permitted d to meet the tho wise raise and If It ho CB so 50 he ha Is entitled to lo the thc he lend land but if Ie not nol the tho second applicant will set get It Where two applicants offer the tho same Jame prIce end and both aw iN higher than the original angina applicant nt they will have hac to decide the th matter mutter between them by drawing lots 1011 LOANS LOA S WILL BE ICE MADE MADEL MADELana Loans Lana L an wilt WIll bo be made mahe ma le by 1 b tIle the hoard board on of the l e need assessed M valuation of ot Improved farm lands at lit 6 per cent in interest Interest Interest terest The Thea applicant for tOI tho the loan loon must boar boor all expenses ot If examining the tho property and Md executing tho the mortgage The Tho loans loana will vili run rim from ono one to IWo Avo years i iThe The board wilt will 10 state lands land upon the applicant accompanying his bla application cation with at least 10 per cent of ot the tho first years rental No land lanti In tempo temporary tempOrary gary or permanent forest reserves r wilt will willbo wiltha bo IX leased for tor agricultural or grazing purposes es en e |
