All proceeds realized on the sale of said lands so made as aforesaid shall be appropriated to pay off the bonded indebtedness of the city of Socorro or for public improvements within the limits of said grant as may be determined by the city council of said city.
History: Laws 1893, ch. 77, § 9; Code 1915, § 874; Laws 1921, ch. 130, § 1; C.S. 1929, § 29-1009; 1941 Comp., § 9-909; 1953 Comp., § 8-9-9.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Structure New Mexico Statutes
Section 49-9-1 - [Trustees of grant; applicants for deeds; city of Socorro.]
Section 49-9-2 - [Persons entitled to deed; refusal to grant; appeal to district court.]
Section 49-9-3 - [Application for deed; fee; survey of land; investigation; execution of deed.]
Section 49-9-4 - [Notice of application; publication; protest; time limit on application.]
Section 49-9-5 - [Protests; institution of suit; adjustment of controversy.]
Section 49-9-6 - [Issuance or refusal to issue deeds; contesting right of possession.]
Section 49-9-7 - [Distribution of fees.]
Section 49-9-8 - [Disposition of lands; ground rent; deeds; appraisal.]
Section 49-9-9 - [Disposition of proceeds of land sales.]
Section 49-9-10 - [Ordinances for enforcement of act.]