 | Michigan. State Board of Agriculture - 1872 - 366 sider
...shall be placed to the credit of the Agricultural College fund, upon the books of the Auditor General, to constitute a perpetual fund, the capital of which...remain forever undiminished; and the annual interest thereon, computed at seven per cent, shall be regularly applied, under the direction of the State Board... | |
 | United States. Congress - 1872 - 912 sider
...largest amount of interest consistent with the security of the fund, and tho fund so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished. and the interest of which shall be inviolably appropriated by each State which may accept tho benefit o! this... | |
 | Illinois - 1874 - 1270 sider
...diminished or lost, it shall be replaced by the state to which it belongs, so that the capital of the fund shall remain forever undiminished ; and the annual interest shall be regularly applied without diminution to the purposes nlentioned in the fourth section of this act, except that a snm,... | |
 | Jonathan Periam - 1874 - 580 sider
...not less than five per cent, upon the par value of said stocks; and that the money so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished (except so far as may be provided in section fifth of this act), and the interest of which shall be... | |
 | Michigan. Legislature - 1875 - 1074 sider
...invested in the stocks of the United States, of this State, or some other safe stocks, yielding not less than five per cent annually upon the par value of such stocks, and to keep the same invested" in the manner provided in the grant. In accordance with this provision the Land Grant Board invested,... | |
 | Nevada. Legislature - 1875 - 870 sider
...ßepresentative in Congress, was granted each State, the proceeds of which are to be so invested as to constitute a perpetual fund, the capital of which shall remain forever undiminished, and the interest of which shall be inviolably appropriated by each State which may take and claim the benefit... | |
 | Daniel Webster Wilder - 1875 - 692 sider
...or some other safe stocks, yielding not less than five per cent. ; and the moneys so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished, and the interest of which shall be inviolably appropriated, by each State which may take and claim the benefit... | |
 | Ezra Slocum Carr - 1875 - 480 sider
...not less than five per centum upon the par value of said stocks; and that the money so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished (except so far as may be provided in Section five of this Act), and the interest of which shall be... | |
 | 1875 - 368 sider
...not less than five per centum upon the par value of said stocks; and that the money so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished, (except so far as may be provided in section fifth of this act), and the interest of which shall be... | |
 | Henry Norris Copp - 1875 - 1000 sider
...less than five per centum upon the par value of said stocks; and that the moneys so invested shall constitute a perpetual fund, the capital of which shall remain forever undiminished, (except so far as may be provided in section fifth of this act,) and the interest of which shall be... | |
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... shall constitute a perpetual fund, the capital of which shall remain forever undiminished (except so far as may be provided in section fifth of this act), and the interest of which shall be inviolably appropriated by each State which may take and... 
