A.
(1)The legislature finds that as a result of the holding of the Louisiana Supreme Court in Abshire v. Vermilion Parish School Board , there are persons in Vermilion Parish who purchased sixteenth section lands in good faith, but because of the conveyance of less than full ownership in a 1909 property transaction, have only apparent title to such property; actual title remains with the school board. It is the intent of the Louisiana Legislature, as expressed by the enactment of this Section, that each person who holds apparent title to any portion of the tract described in Subsection B of this Section have conveyed and transferred unto him, his heirs, successors, and assigns, with all legal warranties and with full substitution and subrogation, ownership of and actual and complete title
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A.(1) The legislature finds that as a result of the holding of the Louisiana Supreme Court in Abshire v. Vermilion Parish School Board , there are persons in Vermilion Parish who purchased sixteenth section lands in good faith, but because of the conveyance of less than full ownership in a 1909 property transaction, have only apparent title to such property; actual title remains with the school board. It is the intent of the Louisiana Legislature, as expressed by the enactment of this Section, that each person who holds apparent title to any portion of the tract described in Subsection B of this Section have conveyed and transferred unto him, his heirs, successors, and assigns, with all legal warranties and with full substitution and subrogation, ownership of and actual and complete title to any portion of said tract to which he holds apparent title.
(2) Such transfers shall be executed without an election and notwithstanding any provision of this Chapter or of Part II of Chapter 1 of Title 17 to the contrary.
B. The Vermilion Parish School Board is authorized to convey, transfer, assign, and deliver any interest, excluding mineral rights, the state or the school board may have to a certain tract or parcel of land located in Section Sixteen (16), Township Twelve (12) South, Range Two (2) East, Vermilion Parish, Louisiana, lying within the following boundaries: Beginning at a point on the South line of Parish Road Number P-9-23 (now Cheneau Road) along the North line of Section Sixteen (16), Township Twelve (12) South, Range Two (2) East on the East End of the existing Flume and running East in the South line of said P-9-23 (now Cheneau Road), a distance of 4,839.4 feet, to the East line of said Section 16; thence, running South, in the East line of said Section 16, a distance of 200 feet; thence West, parallel to the South line of said P-9-23 (now Cheneau Road) a distance of 4,839.4 feet; thence North, parallel to the East line of Section 16 a distance of 200 feet to the point of beginning; said tract containing 22.22 acres.
C. The school board, on behalf of the state of Louisiana, is hereby authorized to enter into such agreements, covenants, conditions, and stipulations and to execute such documents as are necessary to properly effectuate the delivery of complete title, excluding mineral rights, to the various portions of the property described in Subsection B of this Section, and as more specifically described in any such agreements entered into and documents executed by and between the school board and the apparent title holders of said property or their assigns, heirs, or legatees, in exchange for payment of consideration proportionate to the appraised value of the property in accordance with Article VII, Section 14 of the Constitution of Louisiana.