The Laws of Texas, 1822-1897 Volume 2 Page: 61
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Laws of the Republic of Texas.
Supplementary to an act entitled an act to dispose of Galveston
and other Islands of the Republic of Texas, approved, June
Sec. 1. Be it enacted by the Senate and House of Representatives
of the Republic of Texas in Congress assembled, That the
secretary of the treasury be, and he is hereby authorized and required
to cause to be surveyed on the East end of the Island of
Matagorda, six hundred and forty acres of land in such form as
will best suit for a town site, and to cause the same to be laid out
into lots, as to him the said secretary shall deem best, considering
the locality of the place.
Sec. 2. Be it further enacted, That so soon as said town shall
be surveyed, and the plan of the same returned to the secretary,
it shall be his duty to advertise the same for sale, at a day by him
to be fixed upon, in all the newspapers published in this Republic,
and also in at least three published in the city of New Orleans.
Sec. 3. Be it further enacted, That the sale of said town lots
shall be at the State House of this Republic.
Sec. 4. Be it further enacted, That the lots in said town shall
be offered and sold for no other currency than gold silver, audited
paper, or the promissory notes of this Government.
Sec. 5. Be it further enacted, That the secretary of the treasury
be, and he is hereby authorised to pay the expenses of surveying,
advertising and sale, out of the first money received from the sales
Sec. 6. Be it further enacted, That the said lots shall be sold
on the following terms, viz: One fourth part to be paid down, and
the other three fourths to be in equal instalments of six, twelve
and eighteen months.
Sec. 7. Be it further enacted, That if any person who shall purchase
any of the aforesaid lots, shall fail to make payment of the
several instalments in conformity with this act he or they shall
forfeit all such sums as they may have previously paid, and the
lots purchased by such defaulter, shall revert to the Government
of this Republic.
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Gammel, Hans Peter Mareus Neilsen. The Laws of Texas, 1822-1897 Volume 2, book, 1898; Austin, Texas. (texashistory.unt.edu/ark:/67531/metapth6726/m1/65/: accessed June 28, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .