The state board of regents is hereby authorized and empowered to exchange and convey the following described real estate located in Riley county, Kansas: A tract of land in lot 8 of section 18, township 10 south, range 8 east of the 6th P.M., in the city of Manhattan, Kansas, more particularly described as follows: Beginning at a point that is 295.55 feet south and 185.75 feet east of the northwest corner of said lot 8 in section 18, township 10 south, range 8 east of the 6th P.M.; thence north 150 feet, more or less along and parallel with the east line of the Harriet Parker tract; thence east 135.75 feet, more or less, to the northwest corner of the Harbes tract; thence south along and parallel with the west side of said Harbes tract 150 feet, more or less, to the north line of West Laramie street; thence west along said north line to the point of beginning, all in Riley county, Kansas, together with all and singular the appurtenances thereunto belonging.
Such conveyance of real estate shall be executed in the name of the state board of regents by its chairman and secretary, and shall be delivered upon receipt of a good and sufficient warranty deed from the Kansas state university endowment association to the following described real estate: A tract of land in lot 19 of section 7, township 10 south, range 8 east of the 6th P.M., in Riley county, Kansas, more particularly described as follows: Beginning at the southwest corner of said lot 19 in section 7, township 10 south, range 8 east of the 6th P.M.; thence north on the west line of said lot 253.25 feet; thence east 175.45 feet; thence south 253.25 feet to the south line of said lot 19; thence west on said south line 175.45 feet to the point of beginning, all in Riley county, Kansas.
The conveyance made by the state board of regents of the land first described in this section shall be made to the Kansas state university endowment association by a deed which has had the prior approval of the attorney general.
K.S.A. 76-451