Leasing of Salt Springs.
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PURSUANT 10 authority vented in the A Executive of the Territory of Arkan- sas, by the lst and 2d SC ections of an act of Congress, entitled C An act authorizing the Governor of the Territory of Arkan- sas to lease the Salt Springs in said Terri- tory, and for other purposes approved the 2oth April, lS32, (which said sections are appended below#) SEALED PROPOSALS will be received al the Office of the Secrc- tary of said Territory. untH the yfrst day 1 October neak, for LEASING all the SALT SPRINGS in said Territory, which come within the purview of said act.

 If will be understood. flat the fnilnris.v principles will govern in granting leases for working the Salt Springs, viz lst. preference over all other bidders, to

 the extent of ..Jfieen per cent. on the

 amount of the annual rent, will be giv-

 en to dascoUerer or present. occupant of

 Saline, in leasing it.

 2d- Where the present occupant shall be underbid, the person obtaining the lease shall pay him a fair valuation for all his improvements appertaining 10 the manu-

 facture of Salt, and for the necessary support and maintenance of the work men, teams, &c. employed in carrying it

 on, to be aseertained Gin case the par ties cannot agree) by two disinterested

 persons, 10 be mutually selected by

 them; and in case of their disagree

 ment, tlle arbiters to choose third per- son to assist them in making the valua-

 ton. 1.-the nnderbidder shall refuse to pay the award of the arbiters, then the bid of tho occupant shall be accepted proyidc cd 1t be in accordance with tn. advertisement.

 Sd. The price at which Salt shall be sold at the works shall in no case exceed the sum of one dollar and taoelue and C haH cents per bushsl (of fifty pounds). A vi-. olation of this provision, to forfeit the lease.

 Persons offering bids, will describe the place where the Springs are situate, by the lines of the public surveys; and, in 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 from the day of their execution, at the expiration of which period all tho fixtures and buildings appertaining to the manufacture of Salt, (the kettles alone exceptcd) to become tlse property of the United States, or of the Territory, as the case may he, and to be given up to- tine Governor of the Territory, or fo such person as shall be legally authorized by him to receive them.s

 The rent of the Springs to be paid annu- ally, at the expiration of each year from the cornine encement of :le lease.

 WILLIAM s. FULTON, Sec'y

 ofthe Terr. and Acting Gouernor. Little Rock, Aug. 26, 1882. 22 5w