No. 7. LEGISLATURE, 1855. ANNUAL REPORT of the Commissioner of the State Land Office. STATE LAND OFFICE, To the Legislature of the State of Michigan: } In obedience to the requirements of law, I respectfully submit the following report, exhibiting the proceedings of this Office for the fiscal year, ending Nov. 30th, 1854: SALES AND RECEIPTS From December 1, 1853, to November 30, 1854, inclusive. Total amount of Sales of School Lands,.... 70,277.30 $300,164 70 Receipts. On account of Principal,.. do Interest and Penalty,.. $116,911 85 44,320 13 Interest on Principal due from the State to the fund,..... 30,634 34 Amounts refunded,... 124 71 Total receipts on account of Primary School Lands,...$191,991 03 Total amount of sales of University Lands,.... 6,363.55 $76,647 68 Receipts. On account of Principal,.. On account of Interest and Penalty,.. Amount of Interest on Principal due from State to the $34,364 79 13,735 67 12,739 25 5 21 $60,864 92 ACRES SOLD. AMOUNT SOLD FOR. 3,063.35 $21,033 40 Interest on Principal due from State to the fund,- Interest and Penalty,... $4,591 37 522 07 1,783 89 Total receipts on account of Normal School Lands,.. $6,897 33 142,933.09 acres, SWAMP LANDS. Sales. $113,212 49 Receipts Total receipts on account of Principal and Interest,..... $46,748 87 Total amount receipts on account of Asylum Lands,.... $6,487 $5,913 1 573 8 19 01 STATE BUILDING LANDS. Sales. Number of acres, 197.52, Lansing Lots, $1,580 16 964 00 Yellow building and lot, joining Campus Martius, Detroit, 15,000 00 Total,... Receipts. On account of Principal, Interest and Penalty,... INTERNAL IMPROVEMENT LANDS. Sales. Number of acres, 5,706.43, ASSET LANDS. Sales. $17,544 16 $8,263 28 $7,133 02 We have sold of these lands, for the last fiscal year, 70,277.30 acres amounting to $281,419 20. The sales of lots in Lansing, for the year amount to $18,745 50, making the aggregate sum of $300,164 70. Annexed is given a list (marked "A") of the comparative annual sales of these lands, from 1837 to the close of the last fiscal year. Statement "B" exhibits the annual sales of lots in Lansing. It will be seen that the large sum of $102,960 has been realized from the sale of these lots. UNIVERSITY LANDS. The amount of these lands sold during the year ending Nov. 30, 1854, is 6,363.55 acres. There have been sold of this class of lands since 1837, to 1854, inclusive, (deducting those forfeited,) 37,251.89 acres, leaving a balance yet unsold of 7,184.42 acres. Lots Nos. 15, 16, 17, and 20, of tracts Nos. 8, 9, and 10, of U. S. Reserve, of twelve miles square, containing 132.56 acres, near Toledo, Ohio, have been forfeited for non-payment of principal and interest, through misapprehension, on the part of the purchasers as to the time payments were required. Payments, however, were tendered, and refused, after the time fixed by law had expired. These lands have advanced very materially since their sale by the State, consequently the purchasers have signified their intentions of applying to the Legislature the coming session for relief. Statement "C." shows the comparative annual sales of these lands. |