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The fund is managed by New Mexico's State Investment Council, an independent state agency which functions as a sovereign wealth fund. [6] The council is made up of certain members of the Government of New Mexico, who serve on an ex-officio basis, and public members appointed alternately by the Governor of New Mexico and New Mexico Legislature.
During the last years of Mexican rule, the New Mexican governor made several large individual grants to reward supporters and cronies, bolster possession of land on the periphery of New Mexico, and counter growing U.S. influence, including fear of invasion of New Mexico by either the U.S. or Texas which was independent from 1836 to 1845. [18]
Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...
The Mora Land Grant was a 827,621 acres (3,349.26 km 2) (1,293 square miles) [1] Mexican land grant mostly in Mora County, New Mexico.The grant land extended from the Great Plains west of the town of Wagon Mound for about 40 miles (64 km) west to the crest of the Sangre de Cristo Mountains with elevations ranging from about 6,500 ft (2,000 m) on the eastern border to 12,835 ft (3,912 m) at ...
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Continual leasing of federal public land in New Mexico’s Permian Basin region came as restrictions were in place for such sales ... Finance. The Motley Fool. 3 Stocks That Could Turn $1,000 Into ...
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