Excerpt from An Act to Provide for a General and Uniform System of Common Schools: And School Libraries; And Matters Properly Connected Therewith, in Indiana Section 1. Be it enacted by the General Assembly of the State of Indiana, That there shall be annually assessed and collected, as the State and county revenues are assessed and collected, first, on the list of property taxable for State purposes, the sum of ten cents on each one hundred dollars. Sec. 2. The funds heretofore known and designated as the congressional township fund, the surplus revenue fund, the county common school fund, and all funds heretofore appropriated to common schools, the saline fund, the bank tax fund, shall, together with the fund which shall be derived from the sale of the county seminaries, and the property belonging thereto, from the fines assessed for breaches of the penal laws of the State, and from all forfeitures which may accrue, all lands and other estates which shall escheat to the State for want of heirs or kindred entitled to the inheritance, all lands which have been or may hereafter be granted to the State, where no special purpose is expressed in the grant, and the proceeds of the sales thereof, including the proceeds of the sales of the swamp lands granted to the State of Indiana by the act of Congress of 28th September, 1850, and deducting the expense of selecting and draining the same, the taxes which may from time to time be assessed upon the property of corporations for common school purposes, the fund arising from the one hundred and fourteenth section of the charter of the State Bank of Indiana, and unreclaimed fees as provided by law, shall be denominated the common school fund, the income of which, together with the taxes mentioned and specified in the first section of this act, shall be applied to the support of common schools. Sec. 3. The several counties of this State shall be held liable for the preservation of said fund, and the payment of the annual interest thereon, at the rate established by law. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.