CyChap. 353.—An ACT to provide for the sale of certain lands in the
town of Buchanan and city of Richmond.

Approved March 10, 1ss4.

1. Be it enacted by the general assembly of Virginia, That
the board of public works be and they are hereby wtuthorized
and instructed, having first given notice by advertisement in
such newspaper or newspapers published in the city of Rich-
mond and clsewhere as they may deem proper to secure an
advantageous siule, to sell at public auction, in the city of

Li¢ -hmond, to the hivhest bidder, the following real estate, no
longer required hy the commonwealth for public Use, namely:

First. The publi¢ warehouse situated in the town of
Buchanan, Botetourt county.

Second. The public warchouse situated in the city of Rich-
mond, said warehouse lot to be sold in quarter acre lots, or
less Quantities if desirable, or as a whole, the sale that brings
the highest price to be confirmed by the circuit court of
Richmond city: provided however, that the circuit court
shall not hereby be compelled to confirin any particular sale
that is made unless the interests of the state demand it.

Third. The lot of land known as the Armory grounds, sit-
uated in the city of Richmond. :

Fourth. The lot of land known as the Penitenti: ry Spring
Lot. it being a square situated in the city of Richmond, lying
between Main and Cary, and between Jefferson and Madi.
son strvets: provided that the right to use the spring upon
said lot shall be reserved to the commonwealth, and that the
advertisement of the lot and the decree of the court confirm.
ine the sale, and the conveyance of said lot, shall thoroughly
guard the right of access and use of said spring to the common-
wealth by pipes or otherwise. Before proceeding to sell the
Spring lot, the said board is instructed, having first secured
the services of a competent surveyor, to determine and fix
the mode, way and line of conducting the water from the
gpring on said lol reserved to the state asx aforesaid; and it
being sugeested that the heirs of Virginia T. South: tll claim
title to one-fifth of a certain lot, part of said Spring lot, situ-
ate at the corner of Cary and Jefferson streets, fronting on
the formerove hundred and thirty-two feet, and runaing back
on the fatter one bundred and fifty-seven feet to an alley
twenty-four feet wide, the board is instructed to treat with
the said heirs and all others, if any, concerned therein, re-
specting the same, and ‘if practicable, on just and cquitable
terms, to secure complete title thereto, and report its pro-
ceedings to the circuit court of the city of Richmond for ap-
proval. or rejection, as hereafter provided ; and upon such
approval, the said board is instructed to sell the same on the
terms hereinatter provided—said Penitentiary lot to be sold
in quarter acre lots, or less quantities if desirable, or as a
whole—the sale that brings the largest price to be contirmed
by the circuit court of Richmond city: provided that the
sald circuit court shall not be compelled to contirm any par-
ticular sale unless the interest of the state demands it.

Fitth. The lot of land known as Rope Walk Lot. described
as lot number one hundred and ninety-four, in the plot of the
city of Richmond.

2. The said lots of land to be sold separately, and shall be
subdivided tor sale into such parcels as in their judgment
may produce the largest amount to the state, the purchaser
or purchasers to take the same with all the rights, and sub-
ject to all the charges in anywise appertamimng thereto.

3. The terms of sale to be one-third cash, and the balance
in the bonds of the purchaser, payable to said board, in equal
amounts, at one, two. and thre @ years, from day of sale. bear-
ing interest at six per centum per annum; the purchasers, re-
spectively, 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 hereinatter 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 atter notice of such confirmation, shall work a for-
feiture of the ten per centum paid in hand as above; the sum
so naid, however, to be refunded in case the sale be set aside,
as hereinatter provided.

4. As to all and singular, the property and lots of land

aforesaid, the sale is to be subject to approval and = contirma-

tion by the circuit court of the city of Richmond, to which
court the board is instructed and required to make report of
its procecdings hereunder, with account thereof) within ten
days after such sale; which report shall lie 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 Waca-
tion, as may be convenient, to consider the same, and con-
firm or set aside such sale, in whole or in part, as, on con-
sidering the same, may to the said court appear proper.
And in case of) a sale being set aside by the court, or of? non-
compliance by the purchaser, the said board shall thereupon
proceed 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 re-sale of any part of said property
as may be necessary.

5. As to the sales so approved or confirmed, the said board
shall execute the same by transfer of possession to the pur-
chaser or purchasers, and by conveyance with general war-
ranty on the part of the state, upon payment of the entire
purchase money.

6. The said board is authorized, in carrying the provisions
of this act into effect. to employ a common cricr, at a com-
pensation 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 gencral assem-
bly.

8. The procecds of the sale bereby ordered, are directed
to be invested by the said board, in bonds issued under act
of February tourteenth, eighteen hundred and eighty-two, at
their market value, to bo held to meet the e receipts for a pub-
lic building to be-used as a library, and for public offices.

9. The purchase moncy of all the aforesaid property, shall
be payable 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 pro-
perty until the whole purchasuy money shall have been paid
as provided in this section.

10. ‘This act shall take effect from its passage.