MINERSVILLE LAND & LIVESTOCK COMPANY v. Staten

McDONOUGH, Chief justice.

The first question here confronted, the answer to which we deem decisive of this appeal, may be stated as follows: Where lands were granted to the state by the federal government for use of the State Agricultural College and subject to the restriction that all proceeds from the sale of said lands are to constitute a permanent fund to be safely invested and held by the state, the income thereof to be used exclusively for the purposes of such college; and where certain of said lands were sold in the manner provided by law to a purchaser who thereafter paid to the state…