What legislative requirement was imposed in 1905 regarding the sale of school lands?

The legislative requirement established in 1905 mandated that school lands must be sold through competitive bidding. This approach was designed to ensure transparency and fairness in the sale process, allowing potential buyers to compete for the land rather than having sales conducted through private negotiations or auctions. Competitive bidding helps in maximizing the proceeds from the sale, as it allows for multiple offers and encourages higher bid amounts. This method also mitigates the risk of favoritism or corruption in land transactions by creating a level playing field for all interested buyers.

The other options suggest alternative sale methods that do not align with the legislative intent of promoting competition and equity in the sale of public school land. Competitive bidding ensures a democratic process in the disposition of public assets, making it a significant reform in land management during that period.