§ 9-1118 – Accounting by trustee to successor
9-1118. Accounting by trustee to successor Upon termination of the trustee’s term of office he shall deliver to his successor in office all books and papers of his office, together with all money in his possession as trustee, and shall accompany them with an itemized written statement of all money received and paid out by […]
§ 9-1114 – Rights of lienholders
9-1114. Rights of lienholders No lien against the interests of a claimant shall be affected by the deed of the trustee to the claimant. The holder of a lien or certificate of sale, upon proof by affidavit of such fact, may file a statement in behalf of the claimant or contest claims in conflict with […]
§ 9-1115 – Claims against trustee or municipality
9-1115. Claims against trustee or municipality Within the time provided for filing statements of claims, every person having a claim against the trustee or the city or town for money advanced or services rendered in obtaining a patent, or the execution of the trust thereunder, shall file an itemized statement thereof with the trustee, verified […]
§ 9-1116 – Obtaining funds to pay expenses
9-1116. Obtaining funds to pay expenses A. If the money paid to the trustee for the purchase of lots is insufficient to pay expenses, he shall sell at public auction so many of the remaining lots, the title to which remains in the trustee and against which no claim or contest is pending, as is […]
§ 9-1117 – Disposal of unclaimed lots
9-1117. Disposal of unclaimed lots A. The grounds undisposed of within the townsite, the title of which remains in the trustee, may be sold at public auction when he deems it advisable. He shall appoint three persons to appraise the lots he desires to sell, and they shall take oath to faithfully and impartially appraise […]
§ 9-1102 – Trustee’s bond; keeping of accounts and records
9-1102. Trustee’s bond; keeping of accounts and records A. Before entering upon the discharge of his duties, the trustee shall execute a bond to the state, with sureties in the sum of two thousand dollars, which shall be approved by and filed with the board of supervisors of the county, conditioned to account for all […]
§ 9-1103 – Survey and plat of townsite; approval; recording
9-1103. Survey and plat of townsite; approval; recording Within three months after the entry, the trustee shall cause the land to be surveyed and platted into blocks, lots, streets and alleys and a plat thereof made, conforming as near as possible to existing rights and claims of occupants. The plat shall be submitted to and […]
§ 9-1104 – Notice of entry of land as townsite; statement and filing of claims to land
9-1104. Notice of entry of land as townsite; statement and filing of claims to land A. The trustee shall then cause a notice to be published in all the newspapers published in the city or town, or if no newspaper is published therein, then by posting the notice in five public places in the city […]
§ 9-1105 – Financial statement of trustee; disposition of funds
9-1105. Financial statement of trustee; disposition of funds A. Within sixty days from the first publication provided for by this article, the trustee shall make a full and true statement in writing of all monies expended by him, and his reasonable charges for time and services in the administration of the trust to that time […]
§ 9-1106 – Index of claimants and property
9-1106. Index of claimants and property The trustee shall keep an index of the name of every person filing a claim or contest in which the name shall be entered at the time of filing the statement or contest. When the statement is recorded, the trustee shall add to the index the number of the […]