CHAP. 221.—An ACT to provide for the sale of certain land in
the county of Henrico belonging to the state.

Approved March 5, 1890.

1. Be it enacted by the general assembly of Virginia,
That the board of public works be, and they are hereby,
authorized and instructed, having first given notice by

" advertisement in such newspaper or newspapers published

in the city of Richmond and elsewhere as they may deem
proper to secure an advantageous sale, to sell at public
auction, on the premises, in the county of Henrico, to the
highest bidder, the following real estate, no longer required
by the commonwealth for public use, namely: A lot of
land known as the state cattle pens, situated in the county
of Henrico near the city of Richmond, fronting on the
Brook turnpike three hundred and fifty-one feet and
running back between parallel lines two hundred and
ninety-four and one-quarter feet, containing about two
acres more or less.

2. The said lot of land to be sold as a whole or sub-
divided for sale into parcels as, in the discretion of the
board of public works, may produce the largest amount
to the state, the purchaser or purchasers to take the same
with all the rights and subject to all the charges in any-
wise appertaining thereto.

3. The terms of sale to be one-third cash, and the
balance in the bonds of the purchaser, payable to the said
board in equal amounts at one, two, and three years from
the day of sale, bearing interest at six per centum per
annum, the purchasers, respectively, to pay in hand in
cash on the day of sale ten per centum of their respective
purchases, and make settlement in full on confirmation
of sale, as hereinafter provided; and in such settlement
to have the option of paying the whole amount in cash,
should he or they so elect. Failure on the part of any of
the purchasers to make such settlement for ten days after
notice of such confirmation shall work a forfeiture of the
ten per centum paid in hand as above; the sum 80 paid,
however, to be refunded in case the sale be set aside, as
hereinafter provided.
4, As to the lot of land aforesaid, the sale is to be sub- ,
ject to approval and confirmation by the circuit court of '
the city of Richmond, to which court the board is instructed
and required to make report of its proceedings hereunder, |
with account thereof, within ten days after such sale,
which report shall be for thirty days in the clerk’s office
of said court for exceptions thereto; and thereupon the
said court shall proceed, in term time or vacation, as may
be convenient, to consider the same, and confirm or set
aside such sale; in whole or in part as, on considering the
same, may to the said court appear proper. And in case
of a sale being set aside by the court, or of non-compli-
ance by the purchaser, the said board shall thereupon pro-
ceed to sell the property again on the terms hereinbefore
set forth. And the said court is hereby required to take
cognizance of the carrying of this act into effect and of
such further proceedings as to resale of any part of said
property as may be necessary.

5. Asto the sales so approved or confirmed, the said
board shall execute the same by transfer of possession to’
the purchaser or purchasers, and by conveyance with gen-
eral warranty on the part of the state, upon payment of
the entire purchase money.

6. The said board is authorized, in carrying the provis-
ions of this act into effect, to employ an auctioneer at a
compensation not to exceed one hundred dollars.

7. The said board is required and instructed to make a:
report of its proceedings under this act to the generai ‘
assembly.

8. The proceeds of the sale hereby ordered are directed
to be invested by the said board in bonds issued under ,
act of February fourteen, eighteen hundred and eighty- '
two, at their market value, to be held to meet the receipts
fora public building to be used as a library and for pub-
lie offices.

9. The purchase money for said property shall be paya- |
ble only in lawful money of the United States, and not in|
coupons or bonds of the state, and the contracts of.sale :
and bonds of the purchasers given for such purchase’
money shall so specify, and no title shall pass to said
property until the whole purchase money shall have been
paid, as provided in this section.

10. This act shall be in force from its passage.