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This entry was published on 2014-09-22
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Trustees a corporation
General Municipal (GMU) CHAPTER 24, ARTICLE 7
§ 141. Trustees a corporation. Whenever any grant, gift, devise or
bequest shall have been made, under the provisions of this article, such
trustees shall thereupon become and be a body politic and corporate with
the name which shall have been specified by the donor in making the
donation, and with the number of trustees, within the foregoing limits,
named by the donor; and such corporation shall have full power to take
and hold all property which shall have been and also which shall
thereafter be granted, given, devised or bequeathed to it as aforesaid
for said uses and purposes, and shall possess the powers and be subject
to the provisions and restrictions contained in general corporation law.
If no name shall have been specified by the donor as aforesaid, the name
of the corporation shall be such as the said trustees shall adopt,
certify and file in the county clerk's office of the county in which the
interested city, village or town is located.