Sec. 1.
The minimum price of the unsold and unimproved university lands, shall be 12 dollars per acre, and the minimum price of the unsold and unimproved school lands shall be 4 dollars per acre; but no such lands shall be otherwise sold until they shall once have been offered for sale at public auction, and no such lands shall be sold for less than the aforesaid prices respectively, nor shall any treasury notes or warrants be received for university lands hereafter forfeited to the state.
History: R.S. 1846, Ch. 60 ;-- CL 1857, 2444 ;-- CL 1871, 3817 ;-- How. 5262 ;-- CL 1897, 1325 ;-- CL 1915, 500 ;-- CL 1929, 5900 ;-- CL 1948, 322.301 Former Law: See section 10 of Act 68 of 1844.
Structure Michigan Compiled Laws
R.S. of 1846 - Revised Statutes of 1846 (322.301 - 322.372)
Section 322.301 - Unimproved and Unsold School and University Lands; Minimum Price; Public Auction.
Section 322.303 - Unimproved Lands; Certificate of Purchase, Contents.
Section 322.304 - Unimproved Lands; Certificate of Purchase, Voidance; Repossession.
Section 322.306 - Unimproved Lands; Non-Payment, Repossession and Resale.
Section 322.307 - Unimproved Lands; Payment for Timber.
Section 322.309 - Unimproved Lands; Transfer of Title; Noncompliance, Trespassing.
Section 322.310 - Unimproved Lands; Secured Sums, Recovery.
Section 322.311 - Improved School and University Lands; Sale; Appraisal of Improvements.
Section 322.312 - Improved Lands; Sale by Lots, Minimum Price, Appraisal.
Section 322.313 - Improved Lands; Appraisal, Procedure.
Section 322.314 - Improved Lands; Sale at Appraised Value; New Appraisal, Minimum.
Section 322.315 - Improved Lands; Withholding From Sale.
Section 322.316 - Forfeited Lands; Public Auction; Improved Lands, Minimum Price.
Section 322.317 - Forfeited Lands; Notice of Sale, Publication.
Section 322.318 - Certificates of Purchase; Rights of Purchasers; Recording.
Section 322.319 - University and School Lands; Payment of Amount Due; Receipt.
Section 322.321 - Forfeited Lands and Improved Lands; Lists to County Clerk, Distribution.
Section 322.323 - Improved Lands; Computation of Specific Minimum Price.
Section 322.324 - Unimproved Forfeited Lands; Minimum Price.
Section 322.325 - Improved Lands; Leasing.
R-S-1846-322-301-60-MISCELLANEOUS-PROVISIONS. - Miscellaneous Provisions. (322.349...322.372)