Proceedings and Debates of the Convention Assembled to Adopt a Constitution for the State of Utah
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Section 3. The proceeds of all lands that have been or hereafter may be granted by the United States to this State for the support of the common schools; the proceeds of all property that may accrue to the State by escheat or forfeiture; the proceeds of the sale of timber, minerals or other property from school and State lands, other than those granted for specific purposes; and the five-percentum of the net proceeds of the sales of public lands living within the State which shall be sold by the United States subsequent to the admission of this State into the Union, shall be and remain a perpetual fund to be called the “State School Fund”, the interest of which only, together with such other means as the legislature may provide, shall be distributed among the several school districts according to the school population residing therein.
Section 4.
Section 5.
Section 6. The proceeds of the sale of the lands reserved by an Act of Congress, approved February 31st, 1855, for the establishment of the University of Utah, and of all the lands granted by an act of congress, approved July 16th, 1894, shall constitute permanent funds, to be safely invested and held by the State; and the income thereof shall be used exclusively for the support and maintenance of the different schools or colleges respectively of institutions, in accordance with the requirements and conditions of said Acts of Congress.
Section 7.
Section 8.
Section 9.
Section 10.
Section 12.