Page:1887 Compiled Laws of Dakota Territory.pdf/85

§§ 129-134 pense of keeping the capitol building in repair, and for fuel and other incidental expenses to keep and maintain the territorial offices therein for the next two years.

§ 129. The governor shall appoint three citizens of the territory commissioners, who shall perform the duties hereinafter specified.

§ 130. Said commissioners shall, before entering upon their duties, enter into bonds in the sum of ten thousand dollars each, with good and sufficient sureties to be approved by one of the justices of the supreme court, payable to the territory of Dakota and conditioned for the faithful performance of their duties under this act, to fully account for all moneys that may come into their hands as such commissioners; and they shall also take and subscribe an oath to fully, faithfully and impartially carry, out the provisions of this act, which oath shall be endorsed upon their bond, and the same shall be filed in the office of the territorial treasurer. If any of the commissioners fail to qualify, or should a vacancy occur at any time, the governor shall fill the vacancy by appointment, and the person so appointed shall qualify in the manner provided in this act.

§ 131. Said commissioners shall, if they deem the appraisement heretofore made too high, appraise all the real estate which was donated to the territory under the provisions of chapter 104 of the general laws of 1883 (except so much thereof as has been sold), and fix a minimum price on each lot or tract of the said land, and it shall be their duty to file a copy of said appraisement with the secretary of the territory as soon as the same is completed.

§ 132. Said board of trustees shall, whenever the governor shall deem it advisable so to do, advertise said lots for sale for at least thirty days, and in such daily newspapers as they may select, not less than five in number, at least three of which shall be published without the territory, Said notice shall contain a description of the property to be sold, and shall state the time and place of sale. On the day named in the advertisement said board of trustees shall proceed to sell to the highest bidder for cash, at a price not less than the appraised value, all said property, so long as may be necessary, not exceeding five days, after which time the board of trustees may sell at private or public sale, as they may deem expedient, until all the property aforesaid is sold.

§ 133. Every purchaser of lots shall deposit the purchase money therefor with the commissioners, who shall give a receipt for said money, which receipt shall specify the amount of money and the number of the lot and block for which the money was paid, and which receipt upon its presentation to the secretary of the territory, shall entitle the person named therein to a deed in fee simple absolute from the territory of Dakota to the real estate named in the receipt, which conveyance shall be executed, for and in behalf of the territory, by the governor, and attested by the secretary of the territory under the seal of said territory; and said secretary shall file and safely keep all receipts thus presented.

§ 134. All moneys received by the commissioners for the sale of lots shall be forth with deposited by them in the territorial treasury, and said money shall be placed to the credit of the territorial building fund.