Sec. 12.
Whenever either the university or school fund will, in the opinion of the commissioner, be improved by laying off any section or tract of university or school lands, into small parcels, or village lots, the said commissioner may cause the same to be done, and may sell the same at the respective minimum prices established in this chapter; or if in his opinion any of such parcels or lots exceed in value such prices, he shall cause the same to be appraised by 3 disinterested freeholders of the county in which such parcels or lots are situated.
History: R.S. 1846, Ch. 60 ;-- CL 1857, 2455 ;-- CL 1871, 3828 ;-- How. 5273 ;-- CL 1897, 1336 ;-- CL 1915, 511 ;-- CL 1929, 5911 ;-- CL 1948, 322.312
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)