Leasing of Salt Springs.
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NEURSUANT 10 authority vested in the K Executive of the Territory of Arkan- sas, by the ist and 2d sections ofan act of f,ens.ess entitled ss An act authorizing tha Governor of the Territory of Arkan- sas to lease the Salt Springs in said Terri tory, and for other purposes,n approved the 20th 4pril, lS32, (which said sections are appended beiowF) SEALED PROPOSALS will be received atthe Office of the Secre- tary of said Territory, until fhe .frSf ddy of October neat, for LEASING all tlfe SALT Sf' RINGS in said Territory, which come within the purview of said act.

 II will be understood. thatthe following principles will govern in granting leases for working the Salt Springs, VIZ 1st. A preference over Ill other bidders, to

 the extent of .ffeen per cent. on the

 amount of the annual rent, will be glv- en to diScouefer or present occaPdHf oI a

 Saline, in leasing it.

 2d. Where the present occupant shall be uIiti bid, tic person obtaining the lease shall pay llita 2 fair valuation for all hls improvements appertainiug to the manu- factnre of Salt, and for the necessary support and maintenance of the work men, teams. &c. employed in carrying il on, 10 be ascertained (in case the par ties cannot agree) by two disinterested persons, to be mutually selected by them; and in case of their disagree ment. the arbiters to choose third per- son to assist them in making the vaIua- ton. If the underbidje CT shall refuse to pay the award of the arbiters, then the bid of the occupant shall be accepted provided 1t be in accordance with thu advertisement.

 3d. The price at which Salt shall besold at the works shall in case exceed the sum of one dollar aad tsoelce and C hGJ cents per bushel (of fifty pounds). vi- olation of this provision, to forfeit the lease.

 Persons offering bids, will describe the place where the Springs aresituate, by the lines of the public surveys; and, Tn case the land on which they are situate has not been surveyed, then by such marks and boundaries as the localities of the contigu- ous country will admit of.

 The leases will continue for the term of five years fromsthe day of their execution, q; :!is, expiration oe which period all the fixtures and buildings appeftaining to the manufacture of Salt, the kettles alone exceptedl sto become the property of the United States, or of the Territory, as the case may be, and to be given up to the Governor of the Territory, or to such person as shall he legally authorized by him to receive them.

 The rent of the Springs to be paid annu- ally, at the expiration of each year from the commencement of the lease.

 WILLIAM $. FULTON, Sec'y

 ofthe Terr. aud .4ctiRg Governor.

 Little Rock, Aug. g, 1882. 9 5w