12-1409. Same; contributions.
12-1409
12-1409. Same; contributions.
Any city or corporation, upon a majority
vote of the governing body of such city, or stockholders of corporations,
may set aside any moneys they may have on hand, or any cemetery fund not
otherwise appropriated, or any contributions for the purpose, or profits
derived from the sale of lots, or other property belonging to
such cemetery
for the purpose of an endowment fund; and may receive
subscriptions and set aside profits in the future for such endowment fund,
on majority vote of the governing body of such city or private stockholders.
History: L. 1917, ch. 83, § 2; R.S. 1923, § 12-1409; L. 1982,
ch. 72, § 4; July 1.