... that the moneys so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished (except so far as may be provided in section 5 of this act), and the interest of which shall be inviolably appropriated, by each... Bulletin - Page 31918Full view - About this book
| Indiana - 1880 - 918 pages
...invested in the stocks of the United States, or of some other safe stocks, yielding no less than live per centum upon the par value of said stocks; and...perpetual fund, the capital of which shall remain undiminished, except so far as may be provided in section 5 of this act, and the interest of which... | |
| Iowa. General Assembly - Iowa - 1880 - 1280 pages
...stocks, yielding not less than five per centum upon the par value of said stocks ; and that the money so invested shall constitute a perpetual fund, the...undiminished, (except so far as may be provided in section five of this act), and the interest of which shall be inviolably appropriated by each State, which... | |
| Education - 1895 - 736 pages
...of the lands aforesaid, by the states to which the lands are apportioned * * shall be Invested * * and that the moneys so invested shall constitute a...perpetual fund, the capital of which shall remain forever undiminisbed * * and the interest of which shall be inviolably appropriated by each state which may... | |
| United States - Land tenure - 1880 - 216 pages
...tEIeCmoThn"iric^e^'n8' 1K)t l°ss than five per centum upon the par value arts. of said stocks; and the money so invested shall constitute a perpetual fund, the capital of which shall remain forever imdiminished, except as herein provided, and the interest of which shall be inviolably appropriated,... | |
| Nevada. Legislature - 1881 - 704 pages
...the United States, or of the States, or some other safe stocks, yielding not less than five percentum upon the par value of said stocks ; and that the moneys...undiminished (except so far as may be provided in Section 5 of this Act), and the interest of which shall be inviolably appropriated by each State which may... | |
| Charles S. Bryant - Educational law and legislation - 1881 - 740 pages
...invested in stocks yielding not less than five per cent, upon the parvalue of such stocks. That the money so invested shall constitute a perpetual fund, the...capital of which shall remain forever undiminished, and the inrerest thereof shall be inviolably appropriated by each State which may claim the benefit... | |
| United States - Land tenure - 1881 - 216 pages
...stocks ; and the money so invested shall constitute tue mcc hanic * ,• . , ° , , ., ' . j. 1 in ^.^ , a perpetual fund, the capital of which shall remain forever undiminished, except as herein provided, and the interest of which shall be inviolably appropriated, by each State, to the... | |
| Education - 1882 - 1112 pages
...less than five per cent, annually upon the par value of such stocks, and to keep the same invested, to constitute a perpetual fund the capital of which shall remain forever undiminished ; and the annual interest shall be regularly applied, under the direction of the State board of agriculture,... | |
| Pennsylvania. General Assembly. Committee on Pennsylvania State College - 1883 - 396 pages
...stocks of the United States, or of the States, or some other safe stocks, yielding not less than five per centum upon the par value of said stocks, and...perpetual fund, the capital of which shall remain forever undiminishcd, (except so far as may be provided in section fifth of this act,) and the interest of... | |
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