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Code · STATUTES-AT-LARGE · Vol. 45 STAT. · May 28, 1928 · Chapter 812

Chapter 812. Granting to the State of New Mexico certain lands for reimbursement of the counties of Grant, Luna, Hidalgo, and Santa Fe for interest paid on railroad-aid bonds, and for the payment of the principal of railroad-aid bonds issued by the town of Silver City and to reimburse said town for interest paid

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Chap. 812: Granting to the State of New Mexico certain lands for reimbursement of the counties of Grant, Luna, Hidalgo, and Santa Fe for interest paid on railroad-aid bonds, and for the payment of the principal of railroad-aid bonds issued by the town of Silver City and to reimburse said town for interest paid on said bonds, and for other purposes. Chapter 812 45 Stat. 775 1928-05-28 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
Digitization Vendor 2025-01-24 70 1 public Chapter 812.— An Act Granting to the State of New Mexico certain lands for reimbursement of the counties of Grant, Luna, Hidalgo, and Santa Fe for interest paid on railroad-aid bonds, and for the payment of the principal of railroad-aid bonds issued by the town of Silver City and to reimburse said town for interest paid on said bonds, and for other purposes. May 28, 1928.[[S. 2535](/us/bill/70/s/2535).][[Public, No. 553](/us/pl/70/553).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, * Public lands.New Mexico granted, in trust, for reimbursing designated counties for interest paid on bonds, etc.
That there is hereby granted to the State of New Mexico two hundred and fifty thousand acres of the surveyed nonmineral unappropriated and unreserved public lands of the United States within said State, in trust, for the reimbursement of Grant, Luna, and Hidalgo Counties for interest paid by said counties on the bonds of Grant County, and for the reimbursement of Santa Fe County for interest paid by said county on the bonds of Santa Fe County, all of which said bonds were validated, approved, and confirmed by Act of Congress ofVol. 29, p. 487.Also for reimbursing Silver City.
January 16, 1897 (Twenty-ninth Statutes, page 487); and also for the payment of the principal of the bonds issued by the town of Silver City and likewise validated by said Act of January 16, 1897, and to reimburse said town of Silver City for interest paid by said town on said bonds: *Provided, *That if there shall remain any of the*Proviso.*Remainder of land, etc., added to State school fund. two hundred and fifty thousand acres of land so granted, or of the proceeds of the sale or lease thereof, or rents, issues, or profits therefrom, after the payment of said items and debt, such remainder of lands and the proceeds of sales thereof shall be added to and become a part of the permanent school fund of said State.
Sec. 2. That the said lands shall be selected in the same manner asSelection and disposal of lands.Vol. 36, p. 561. provided for the selection of lands granted to the State of New Mexico by an Act of the Congress of the United States approved June 20, 1910, entitled “An Act to enable the people of New Mexico to form a constitution and State government and be admitted into the Union on an equal footing with the original States; and to enable the people of Arizona to form a constitution and State government and be admitted into the Union on an equal footing with the original States,” and such lands shall be leased and sold in such manner and under such limitations and restrictions as are provided in the said Act of June 20, 1910.
Sec. 3. Said State of New Mexico through its State board ofDetermination of distribution. finance shall determine the interest paid by said counties on said indebtedness, and the manner of liquidating the same, and likewise the amount of the principal due on the bonds issued by the town of Silver City, and the interest paid by said town and the manner of liquidating the same. Approved, May 28, 1928.
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Chapter 812
Granting to the State of New Mexico certain lands for reimbursement of the counties of Grant, Luna, Hidalgo, and Santa Fe for interest paid on railroad-aid bonds, and for the payment of the principal of railroad-aid bonds issued by the town of Silver City and to reimburse said town for interest paid
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