Repository: UIHistories Project: Book - History of Illinois Land Grant Endowment [PAGE 32]

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Legislative Acts

T H E LAND GRANT ACT U? 1862

AN ACT DONWTIM; IVBI.IC LANHS TO TICK SEVKKAL ST MI-, W O TKKRITORIK* WHICH MAY PROVIDE COI.IK<;IS I«>K I HI IWVKFIT OI AfttlCl'l.TUKE AND Ml •< MANIC AkTS

(Grants to the State Sid 1. He it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That there be granted to the several States for the purposes hereinafter mentioned, an amount of public land, to be apportioned to each State a quantity equal to thirty thousand acres for each senator and representative in Congress to which the States are respectively entitled by the apportionment under the census of I860: Provided, that no mineral lands shall be selected or purchased under the provisions of this act. Apportionment SEC. 2. And be it further enacted, That the land aforesaid, after being surveyed, shall be apportioned to the several States in sections or subdivisions of sections, not less than one-quarter of a section; and whenever there are public lands in a State subject to sale at private entry at one dollar and twenty five cents per acre, the quantity to which said State shall be entitled shall be selected from such lands within the limits of such State, and the Secretary of the Interior is hereby directed to issue to each of the States in which there is not the quantity of public lands subject to sale at private entry at $1.25 an acre to which said State may be entitled under the provisions of this act, land scrip to the amount in acres for the deficiency of its distributive share; said scrip to be sold by said States and the proceeds thereof applied to the uses and purposes prescribed in this act, and for no other use or purpose whatsoever: Provided, That in no case shall any State to which land scrip may thus be issued, be allowed to locate the same within the limits of any other State or any Territory of the United States, but their assignees may thus locate said land scrip upon any of the unappropriated lands of the United States subject to sale at private entry at $125, or less, per acre: And provided further, That not more than one million acres shall be located by such assignees in any one of the States: And provided further, That no such location shall be made before one year from the passage of this act. Expenses SEC. 3. And be it further enacted, That all expenses of management, superintendence, and taxes from date of selection of said lands, previous to their sales, and all expenses incurred in the management and disbursement of the moneys which may be received therefrom, shall be paid by the States to which they may belong, out of the treasury of said States, so that the entire proceeds of the sale of said lands shall be applied without any diminution whatever to the purpose hereinafter mentioned. Investment of Fund Sic. 4. And be it further enacted, That all moneys d e r i \ d from the talc ot lands aforesaid by the States to which lands are api>ortinucd, ami from th< sales of land scrip hereinbefore provided for, shall be invested in stinks of itv United States or of the Slates, or some other safe stocks \\w s a n u . m a > \M invested by the States having no State stocks in any othei mannci i ft * th<

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