
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1921 Excerpt:...same shall have received the approval of the governor in such form as may be provided by law. No grant or patent for any such lands shall issue until final payment be made. A sale operates to convey some right and should issue to the execution purchaser title to the land after 60 days have ex-who has complied with the terms of the pired and the approval of the governor contract of sale. Brooke v. Eastman, 17 has been obtained. Such right being sub-S. D. 339, 96 N. W. 699. ject to sale under execution the patent § 7. All lands, money or other property donated, granted or received from the United States or any other source for a university, agricultural college, normal schools or other educational or charitable institution or purpose, and the proceeds of all such lands and other property so received from any source, shall be and remain perpetual funds, the interest and income of which, together with the rents of all such lands as may remain unsold, shall be inviolably appropriated and applied to the specific objects of the original grants or gifts. The principal of every such fund may be increased, but shall never be diminished, and the interest and income only shall be used. Every such fund shall be deemed a trust fund held by the state, and the state shall make good all losses therefrom that shall in any manner occur. See notes In re State Bonds under 3 and 13 and under Art. 13 § 2. Ch. 97 '95 requiring an appropriation before a warrant could be issued had no application to warrants required to be issued to the various institutions for their share of the income from the public lands under this section of the constitution. Heston v. Mayhew, 9 S. D. 501. 70 N. W. 635. § 8. All lands mentioned in the preceding section shall be appraised and sold...
Page Count:
80
Publication Date:
2012-01-01
Publisher:
Rarebooksclub.com
ISBN-10:
1130904652
ISBN-13:
9781130904659
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