238 LAWS APPLICABLE TO DEPARTMENT OF AGRICULTURE. 



Apportionment of lands granted, and selection thereof from lands for sale; land 

 scrip In lieu of deficiency in apportionment; location of lands for which 

 scrip may be issued. 



Sec. 2. That the land aforesaid, after being surveyed, shall be ap- 

 portioned to the several States in sections or subdivisions of sections, 

 not less than one quarter of a section; and whenever there are public 

 lands in a State subject' to sale at private entry at one dollar and 

 twenty-five cents per acre, the quantity to which said State shall be 

 entitled shall be selected from such lands within the limits of such 

 State, and the Secretary of the Interior is hereby directed to issue to 

 each of the States in which there is not the quantity of public lands 

 subject to «ale at private entry at one dollar and twenty-nve cents per 

 acre to which said State may be entitled under the provisions of this 

 act, land scrip to the amount in acres for the deficiency of its distribu- 

 tive share : said scrip to be sold by said State and the proceeds thereof 

 applied to the uses and purposes prescribed in this act, and for no 

 other use or purpose whatsoever: 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 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: Ami provided, further, That not more than one million acres 

 shall be located by such assignees in any one of the States: And pro- 

 vided, further, That no such location shall be made before one year 

 from the passage of this act. 



Act July 2, 18G2, c. 130, s. 2. 12 Stat. 503. 

 Expenses of management, etc., of lands selected, to be paid by States. 



Sec. 3. That all the expenses of management, superintendence, and 

 taxes from date of selection of said lands, previous 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 proceecls of the sale of said lands shall be applied without 

 any diminution whatever to the purposes hereinafter mentioned. 



Act July 2, 1862, c. 130, s. 3, 12 Stat. 504. 



Investment of proceeds of sale of land scrip; moneys so invested a perpetual 

 fund for endowment, etc., of colleges for teaching branches relating to 

 agriculture and mechanic arts, etc. 



Sec. 4. That all moneys derived from the sale of lands aforesaid 

 by the States to which the lands are apportioned, and from the sales 

 of land-scrip hereinbefore provided for, sliall be invested in stocks 

 of the United States;, or of the States, or some other safe stocks; or 

 the same maj' be invested by the States having no State stocks, in any 

 other manner after the legislatures of such States shall have assented 

 thereto, and engaged that such funds shall yield not less than five per 

 centum upon the amount so invested and that the principal thereof 

 shall forever remain unimpaired: Provided, That the moneys so in- 

 vested or loaned shall constitute a perpetual fund, the capital of which 

 shall remain forever undiminished (except so far as may be provided 

 in section five of this act), and the interest of which siiall be invio- 

 lably appropriated, by each State which may take and claim the 

 benefit or this act, to the endowment, support, and maintenance of at 



