New Mexico Territorial Laws and Treaties NM TERR LAWS KEARNY CODE GUARD § 5

Guardians and curators shall put the money of minors entrusted to their care, to interest upon mortgage to be approved by the prefect, or they may, with leave of the prefect, and the assent of their securities, retain the money in their hands, paying interest therefor, but if no person be found to take the money on interest, and the guardian and curator should not choose to retain the same paying interest, then they shall be liable for the principal alone, until the same can be put to interest.