A Bill
To cede to the state of Alabama the public lands lying within the limits of said State, for purposes of education.

Be it enacted by the Senate and House of Representatives of the United States in Congress assembled. That all of the lands of the United States lying within the state of Alabama, which shall remain unsold after the first day of January eighteen hundred and forty nine be, and the same are hereby, ceded to the State of Alabama, upon the following terms and conditions:

First. The State of Alabama shall take charge of said lands then remaining unsold, direct and control their management and sale upon such terms, and under such rules and regulations as said state, by her legislature, may adopt: Provided, That none of said lands shall be sold otherwise than for cash, or in a larger quantity than acres to any one person, or for a less price than fifty cents per acre, until it has been in market and subject to private sale at fifty cents per, acre for a term of three years.

Second. Out of the proceeds of the sales of said lands, the said state shall first deduct the true amount of all expences legally incident thereto; the ballance shall then be divided be-^tween^

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between the United States and said State; the one fourth part to be paid into the treasury of the United States on the first day of each succeeding January thereafter; the other three fourths of the net proceeds shall belong to the state of Alabama, to constitute a permanent school fund, the interest of which to be expended for the support of common schools within said state, in such manner as the legislature thereof may direct.

Third. The governor of said state, shall cause to be made out and returned to the Secretary of the Treasury on the first day of January, eighteen hundred and fifty seven and each succeeding January thereafter, a full report of all sales made by said state, and the prices & money received therefor, together with the entire amount of expences incident to the same.

Section 2^d And be it further enacted, That the officers of the various land offices in the state of Alabama, shall make out full lists of sales and receipts, or sale sheets, exhibiting fully and clearly all of the transactions of their offices up to the said first day of January, eighteen hundred and forty nine and return the same to the Commissioner of the General Land Office at Washington city, under the rules and regulations of the now existing laws, and pay over all monies up to and on that day, as now required by law; And on said first day of January, eighteen hundred and forty nine, they shall deliver

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over to such person or persons as may be designated by the legislature of the state of Alabama, all plats, books, records, or other papers having relation to any of said unsold lands within said state.