| Indiana - 1863 - 916 pages
...made upon the following conditions: First — That all moneys derived from the sale of lands or scrip shall be invested in stocks of the United States,...safe stocks yielding not less than five per centum per annum, on the par value. Second — Tkat the monies so invested shall constitute a perpetual fund,... | |
| Ohio - Ohio - 1863 - 704 pages
...mentioned in the act of Congress. Moneys arising from the sale of such lands, or of land scrip, are to be invested in stocks of the United States, or of...safe stocks, yielding not less than five per centum on the par value, and constitute a perpetual fund, the capital of which shall remain forever undirainished,... | |
| Michigan. Legislature - Michigan - 1863 - 890 pages
...this act." Section 4 of the act is as follows: " Sec. 4. And be it further enacted, that all monies derived from the sale of the lands aforesaid, by the...States to which the lands are apportioned, and from the sale of land scrip hereinbefore provided for, shall be invested in stocks of the United States, or... | |
| Kansas. Legislature. House of Representatives - 1863 - 382 pages
...purposes of the grant hereinafter mentioned. The proceeds of the sales of the lands and scrip are to be invested in stocks of the United States or of the States, or of some other safe stocks, yielding not less than five per centum upon the par value of the same, to... | |
| Iowa. General Assembly - Iowa - 1864 - 652 pages
...without any diminution whatever to the purposes hereinafter mentioned. SEC. 4. And be it further enacted, That all moneys derived from the sale of the lands...States to which the lands are apportioned, and from the sale of land scrip hereinbefore provided for, shall be invested in stocks of the United States, or... | |
| Michigan. Legislature - Michigan - 1864 - 716 pages
...hereinafter mentioned. Sec. 4. And be it further enacted, That all moneys derived from the sale of the lauds aforesaid by the States to which the lands are apportioned,...from the sales of land scrip hereinbefore provided, shall be invested in stocks of the United States, or of the States, or some other safe stocks, yielding... | |
| Iowa. General Assembly. House of Representatives - Iowa - 1864 - 696 pages
...one-tenth of the amount, which may be expended for the purcnase of lands for sites, or experimental farms,) shall be invested in stocks of the United States, or of the States, or some other safe stocks," * * * "and the interest shall be in violably appropriated, by each State which may take and claim the... | |
| Iowa. General Assembly. Senate - Iowa - 1864 - 628 pages
...one-tenth of the amount, which may be expended for the purchase of lands for sites, or experimental farms,) shall be invested in stocks of the United States, or of the States. or some other safe stocks," * * * " and the interest shall be inviolably appropriated, by each State which may take and claim the... | |
| Ohio State Board of Agriculture - Agriculture - 1864 - 732 pages
...the lands afoi»•kid by the State to which the lands are apportioned and from the sales of the laud scrip hereinbefore provided for shall be invested in stocks of the United States, or of some other safe stock?, yielding not less than five per centum upon the par value of said stocks, and... | |
| Ohio State Board of Agriculture - Agriculture - 1864 - 798 pages
...of the lands afo»•aid by the State to which the lands are apportioned and from the sales of the land scrip hereinbefore provided for shall be invested in stocks of the United Stales, or of some other safe stocjss, yielding not less than five per centum upon the par value of... | |
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