An Act to provide for the... management of all lands
This brief section stipulates that land sales were not to exceed 40 acres large. This was intended to keep land speculators from buying up large tracts of land.
AN ACT To provide for the registry, sale, leasing and general management of all lands and funds set apart for educational purposes, and for the investment of funds arising from the sale of such lands.
SECTION 4. When the title of the university and agricultural college lands shall have been perfected, it shall be the duty of said board to cause abstracts thereof to be made by counties, on blank forms prepared for that purpose, and shall forward the same to each country clerk, who shall forthwith appoint three persons, on of whom shall reside upon the land shown by such abstract, who shall subscribe to an oath before a proper officer, to carefully appraise the prairie lands in tracts no to exceed forty acres each, and the timber lands in tracts not exceeding ten acres each, and to appraise any improvements thereon, and to make due and prompt return to the county clerk. Upon the completion of such appraisal, the county clerk shall return from the abstract thereof to the commissioner of public lands and buildings and the appraised value of such lands shall be entered upon the abstract provided for in the preceding section.