-99- 



the uses and purposes prescribed in this act, and for no other use or 

 purpose v/hatsoever: Provided , That in no case shall any State to which 

 land scrip may thus be issued be allov;ed to locate the same within 

 the limits of any other State, or of 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 one dollar and twenty-five cents, or less, per acre: 

 And provided , f urther . 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. 



Sec. 3. And be it further e nacted . That all the expenses of man- 

 agement, superintendence, and taxes from the date of selection of 

 said lauds, previous to their sales, and all expenses incurred in the 

 management and disbursement of the moneys which may be received there- 

 from, 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 

 purposes hereinafter mentioned. 



Sec. 4. Mid be it further e nacted . That all moneys derived from the 

 sale of the lands aforesaid by the States to which the lands are appor- 

 tioned, 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 safe stocks, yielding not less than five per centum 

 upon the par value of said stocks; and 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 

 fifth of this act, ) and the interest of which shall be inviolably 

 appropriated, by each State which may take and claim the benefit of 

 this act, to the endowment, support, and maintenance of at least 

 one college whe5e)l.he leading object shall be, without excluding other 

 scientific and classical studies, and including military tactics, to 

 teach such branches of learning as are related to agriculture and the 

 mechanic arts^ in such manner as the legislatures of the States may 

 respectively prescribe, in order to promote the liberal and practical 

 education of the industrial classes in the several pursuits and pro- 

 fessions in life. 



Sec. 5. And be it further enacted . That the gi'ant of land and 

 land scrip hereby authorized shall be made on the following conditions, 

 to which, as well as to the provisions hereinbefore contained, the 

 previous assent of the several States shall be signified by legisla- 

 tive acts: 



First. If any portion of the fund invested, as provided by the 

 foregoing section, or any portion of the interest thereon, shall, by 



