Sec.[Section] 1. Be it enacted by the People of the State of Illinois represented in the General Assembly. That whenever any deed or conveyance has been or hereafter shall be made to any commissioner of ^school lands or school commissioner of^ any county, or to any Treasurer of any Township, or agent of any Township, by any Sheriff, coroner[,] or other officer, for any lands which may have been mortgaged to secure the payment of any sum or sums of money loaned out of the School fund belonging to such county or Township, and which have been or may hereafter be purchased, in the name of such School Commissioner, ^Commissioner^ of School lands, or Township Treasurer or agent upon the foreclosure of such mortgage or mortgages, it shall be lawful for such School Commissioner, Commissioner of School lands, Treasurer[,] or Agent or his successor in office to convey the same by quit claim deed to any person or persons who will pay into the School funds of such county or Township, the amount for which the same were purchased with interest thereon. Provided in his opinion the Interest of the School fund would be promoted by so doing, and such deed shall convey to and vest in the person or persons to whom the same is made, his heirs and assigns, all the estate, and interest, that the said School Commissioner, Commissioner of School lands, Treasurer[,] or Agent. And the School Fund of such county or Town had, have[,] or could have by virtue of such mortgage or Mortgages

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and such sale by the coroner Sheriff, coroner[,] or other officer in the provisions ^premises^ so contained in such deed.