-lOC- 



any action or contingency, be diminished or lost, it shall be replaced 

 by the State to which it belongs, so that the capital of the fund shall 

 remain forever undiminished; and the annual interest shall be regu- 

 larly applied without diminution to the purposes mentioned in the 

 fourth section of this act, except that a sum, not exceeding ten per 

 centum upon the amount received by any State under the provisions of 

 this act, may be expended for the purchase of lands for sites or ex- 

 perimental farms, whenever authorized by the respective legislatures 

 of said States. 



Second. No portion of said fund, nor the interest thereon, shall 

 be applied, directly or indirectly, under any pretence whatever, to 

 the purchase, erection, preservation, or repair of any building or 

 buildings. 



Third. Any State which may take and claim the benefit of the 

 provisions of this act shall provide, within five years, at least not 

 less than one college, as described in the fourth section of this 

 act, or the grant to such State shall cease; and said State shall be 

 bound to pay the United States the amount received of any lands pre- 

 viously sold, and that the title to purchasers under the State shall 

 be valid. 



Fourth. An annual report shall be made regarding the progress of 

 each college, recording any improvements and experiments made, with 

 their cost and results, and sucli other matters, including State in- 

 dustrial and economical statistics, as may be supposed useful; one 

 copy of which shall be transmitted by mail free, by each, to all the 

 other colleges which may be endowed under the provisions of this act, 

 and also one copy to the Secretary of the Interior. 



Fifth. When lands shall be selected from those which have been 

 raised to double the minimum price, in consequence of railroad grants, 

 they shall be computed to the States at the maximum price, and the 

 number of acres proportionally diminished. 



Sixth, No State while in a condition of rebellion or insurrection 

 against the government of the United States shall be entitled to the 

 benefit of this act. 



Seventh. No State shall be entitled to the benefits of this act 

 unless it shall express its acceptance thereof by its legislature 

 within two years from the date of its approval by the President. 



Sec. 6. And be it further enacted . That land scrip issued under the 

 provisions of this act shall not be subject to location until after the 

 first day of January, one thousand eight hundred and sixty-three. 



