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" That all moneys derived from the sale of the lands aforesaid by the States to which the lands are apportioned, and from the sales of land scrip hereinbefore provided for, shall be invested in stocks of the United States, or of the States, or some other... "
Report - Page 264
by New Hampshire. Department of Agriculture - 1888
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Commissioner of Agriculture

Report of the Commissioner of Agriculture - 1866 - 664 pages
...the fund by improvident investment, the act provides that all moneys derived from the lands granted shall be invested in stocks of the United States,...other safe stocks yielding not less than five per cent.: and that if any portion of the fund, or of the interest thereon, shall be lost or diminished,...
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The American Journal of Education, Volume 16

Henry Barnard - Education - 1866 - 954 pages
...States to which the lands are apportioned, and from the sales of land scrip hereinbefore provided for, shall be invested in stocks of the United States,...of the States, or some other safe stocks yielding uot less than five per centum upon the par value of said stocks; and Hint the moneys so invested shall...
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Acts of the Legislature of West Virginia

West Virginia - Legislation - 1866 - 910 pages
...from sales of the said land-scrip shall be invested by the governor in stocks of the United States, yielding not less than five per centum upon the par value of the said stocks ; and upon every certificate of stock received as aforesaid, he shall forthwith cause...
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Appendix to the Assembly Journal

Wisconsin - Wisconsin - 1867 - 776 pages
...states to which the lands are apportioned, and from the sales of land scrip herein before provided for, shall be invested in stocks of the United States or...some other safe stocks, yielding not less than five percenturn upon the par value of said stocks, and that the money so invested shall constitute a perpetual...
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History of Brown University: With Illustrative Documents

Reuben Aldridge Guild - Universities and colleges - 1867 - 470 pages
...states to which the lands are apportioned, and from the sales of land scrip hereinbefore provided for, shall be invested in stocks of the United States, or of the states, or some safe stocks, yielding not less than five per centum upon the par value of said stocks ; and that the...
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History of Brown University: With Illustrative Documents

Reuben Aldridge Guild - Universities and colleges - 1867 - 512 pages
...states to which the lands are apportioned, and from the sales of land scrip hereinbefore provided for, shall be invested in stocks of the United States, or of the states, or some safe stocks, yielding not less than five per centum upon the par value of said stocks; and that the...
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History of Brown University: With Illustrative Documents

Reuben Aldridge Guild - Universities and colleges - 1867 - 516 pages
...states to which the lands are apportioned, and from the sales of land scrip hereinbefore provided for, shall be invested in stocks of the United States, or of the states, or some safe stocks, yielding not less than five per centum upon the par value of said stocks ; and that the...
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Documents Accompanying the Journal of the House

Michigan. Legislature - Michigan - 1868 - 1338 pages
...sale of the Agricultural College Lands to this date. Under the law, the proceeds from the sale must be " invested in stocks of the United States, or of...five per centum upon the par value of said stocks." It is believed that the purposes of the law and the interest of the Agricultural College would be subserved...
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Statutes at Large of the State of New York: Comprising the Revised ..., Volume 6

New York (State) - Law - 1868 - 912 pages
...time to time as he may deem proper, to sell the said land scrip, or any part thereof for cash or for stocks of the United States, or of the states, or...per centum upon the par value of said stocks, and to execute all necessary and proper transfers thereof. But no such scrip shall bo transferred and delivered...
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Annual Report

United States. Office of Education - Education - 1868 - 930 pages
...States to which the lands are apportioned, and from the sales of land scrip hereinbefore provided for, shall be invested in stocks of the United States,...yielding not less than five per centum upon the par v; Jue of said stocks ; and that the moneys so invested shall constitute a perpetual fund, the capital...
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