TEXT OF THE ACT OP CONGRESS. 527 



hereby directed to issue to each of the States, in which there is not 

 the quantity of public lands subject to sale at private entry, at one 

 dollar and twenty-five cents per acre, to which said State may be en 

 titled under the provisions of this act, land scrip to the amount in 

 acres for the deficiency of its distributive share ; said scrip to be sold 

 by said States, and the proceeds thereof applied to the uses and pur 

 poses prescribed in this act, and for no other use and purpose what 

 soever : Provided, That in no case shall any State to which land scrip 

 may thus be issued, be allowed to locate the same within the limits 

 of any other State, or of any Territories of the United States; but 

 their assignees may thus locate said laud scrip, upon any of the un 

 appropriated lands of the United States subject to sale at private 

 entry, at one dollar and twenty-five cents or less per acre. And pro 

 vided further, 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 locations shall be made before one year from the pas 

 sage of this act. 



3. And be it further enacted, That all the expenses of management, 

 sperintendence, and taxes from date of selection of said lands previ 

 ous to their sales, and all expenses incurred in the management and 

 disbursement of the moneys which may be received therefrom, 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. 



$ 4. And be it further enacted, That all moneys derived from the 

 sale of 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 cent, upon the 

 par value of said stocks; and that the money so invested shall con 

 stitute a perpetual fund, the capital of which shall remain forever 

 undim hushed (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, 

 where the 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 respec- 



