ceeds. ed July two, eighteen hundred and sixty-two, entitled Disposition of pro"An act donating public lands to the several States and Territories which may provide colleges for the benefit of agriculture and the mechanic arts," be and the same is hereby applied and appropriated annually to the maintenance and support of the Agricultural College of Minnesota, and the same shall be drawn from the State treasury upon the order of the president of the Agricultural board, countersigned by the secretary of the board. Duty of Governor SEC. 18. When the necessary buildings shall have been erected and the college provided, it shall be the when buildings duty of the Governor of the State to certify the fact to completed. the Secretary of the Interior, and see that the title to the lands donated by Congress to the State, herein refered to, shall be perfected in the State. Amount of appro SEC. 19. That for the purpose of carrying into ef fect the provisions of this act, the sum of five thousand priation for 1865. dollars for the year eighteen hundred and sixty-five, be and the same is hereby appropriated out of any money in the treasury not otherwise appropriated, the same to be paid on warrants drawn by the president, and countersigned by the secretary of the Agricultural College board. SEC. 20. That chapter sixty-five of the general Repeal of former laws of eighteen hundred and sixty-one, entitled an act act to donate swamp lands in the county of McLeod to the Agricultural College of the State of Minnesota, be and the same is hereby repealed. SEC. 21. This act shall take effect and be in force from and after its passage. Approved March 2, 1865. March 2, 1865. Repeal of former act. CHAPTER VIII. "An An Act to repeal sub-division two, section one of SECTION 1. Repeal of former act. Be it enacted by the Legislature of the State of Minnesota: SECTION 1. That sub-division two of section one, of An act for the Incorporation of Institutions of Learning," on page three hundred and fifteen of compiled statutes, is hereby repealed. Approved March 2, 1865. February 24, 1865. CHAPTER IX. An Act [to provide] for the appraisement and sale of the lands donated to the State by the act of Congress donating public lands to the several States and Territories which may provide Colleges for the benefit of Agriculture and the Mechanic Arts, approved July two, eighteen hundred and sixty-two. SECTION 1. Manner of selling lands donated to the State for the benefit of Agriculture and the 2. Disposition of moneys derived from such sale. 3. If any portion of the fund invested, shall by any action or contingency be lost, it must be replaced by the State. 4. No portion of said fund shall be applied to the purchase or repair of any building. 5. When act to take effect. Be it enacted by the Legislature of the State of Minnesota : SECTION 1. All lands donated to the State of Min the benefit of Ag nesota for the purpose of providing colleges for the benefit of agriculture and the mechanic arts, under the act of Congress, approved July two, eighteen hundred Manner of selling and sixty-two, an act donating public lands to the seve- lands donated for ral States and Territories which may provide colleges riculture. for the benefit of agriculture and the mechanic arts, shall be appraised and sold and the moneys arising therefrom shall be invested in the same manner as is provided by law for the appraisement and sale and investing the moneys of school lands under the provisions of an act to establish the State Land Office and other purposes, approved March tenth, eighteen hundred and sixty-two, and acts amendatory thereto, except that there shall be written on the bonds, bonds of the agricultural college of Minnesota, transferable only upon the order of the Governor. Provided, That no such lands shall be sold for a less sum than five dollars acre nor for less than the appraised value thereof. per moneys derived from such sale. SEC. 2. All moneys derived from the sale of the lands aforesaid, shall be invested in stocks of the Uni- Disposition of ted States, or of this State yielding not less than five per centum upon the par value of said stocks; and the moneys so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished, and the interest of which shall be inviolably appropriated, 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 may hereafter be prescribed, in order to promote the liberal and practical education of the industrial classes in the several pursuits and professions of life. funds invested be SEC. 3. If any portion of the fund invested, as provided by the foregoing section, or any portion of Any portion of the interest thereon, shall, by any action or contingency, lost to be replaced be lost, it shall be replaced by the State, so that the by the State. capital of the fund shall forever remain undiminished; and the annual interest shall be regularly applied, without diminution, to the purposes mentioned in the preceding section, except that a sum not exceeding ten per centum upon the amount received, may be expend ed for the purchase of lands for sites or experimental farms, whenever authorized by the Legislature. SEC. 4. No portion of said fund, nor the interest Funds not to be ap- thereon, shall be applied directly or indirectly, under chase or repair of any pretence whatever, to the purchase, erection, preservation or repair of any building or buildings. plied to the pur any building. SEC. 5. This act shall take effect and be in force from and after its passage. Approved February 24, 1865. March 2, 1865. Amendment to section four. CHAPTER X. An Act to amend an Act entitled "An Act relating to the University of Minnesota," approved March four, eighteen hundred and sixty-four. SECTION 1. Amendment to section four. 2. Power of Board of Regents to confirm any settlement heretofore made, and arrange Be it enacted by the Legislature of the State of Minnesota : SECTION 1. Section four of said act entitled "An act relating to the University of Minnesota," approved March four, eighteen hundred and sixty-four, is hereby amended by striking out the word "supervisors," in the thirtieth line of said section and inserting in the place thereof the words "county commissioners." SEC. 2. The following section is hereby added to said act at the end thereof: Section 12. The said regents are hereby fully authorized and empowered, in their discretion, to ratify and confirm any settlements heretofore made, of, and to settle and arrange any and all claims and demands, Power of Board against the University of Minnesota, or the regents thereof, which have been attempted to be settled by prior regents, or in settlement of which prior regents of the University of Minnesota have conveyed or at- of Regents. tempted or promised or agreed to convey any of the lands mentioned in section four of said act, and to sell and convey such lands in like manner as provided in said section four: Provided, however, That the lands hereby authorized to be conveyed, in settlement of such claims and demands shall not constitute any part of and shall be exclusive of the twelve thousand acres mentioned in said section four. SEC. 3. This act shall take effect and be in force from and after its passage. Approved, March 2, 1865. CHAPTER XI. An Act to provide for the collection of debts against March 2, 1885Towns and School Districts. SECTION 1. Proceedings when judgments against town are not satisfied. 2. Duty of Supervisors. 8. When Treasurer of the town must upon demand pay the amount. Beit enacted by the Legislature of the State of Minnesota : judgments against SECTION 1. If judgment for the recovery of money be rendered against any town or school district, and the Proceedings when judgment be not satisfied or proceedings thereon stayed towns are not satby appeal or otherwise, before the next annual meeting isfied. of said town or school district, a certified copy of the docket of the judgment may be presented to said town or district at its annual meeting as aforesaid. |