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This entry was published on 2014-09-22
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Management and appropriation of property
General Municipal (GMU) CHAPTER 24, ARTICLE 7
§ 143. Management and appropriation of property. Trustees created
under the provisions of this article shall have the custody and
management of all the property of such corporation, and shall
appropriate the same, so far as the terms, provisions and conditions of
the donations will permit, for the purpose of aiding and instructing
children, or for providing suitable grounds for such a public park or
parks and properly preparing, beautifying, embellishing and keeping up
and maintaining the same, or for furnishing and supplying such library
with a suitable and proper edifice, rooms, furniture, books, maps,
magazines and whatever may be necessary to make, keep up and maintain a
good and complete library, or for one or more of such purposes, and
paying the expenses of the trust. Demising lands donated to the
corporation and investing and keeping money invested at interest, and
using the rents and interest therefrom for aiding and instructing
children or for park purposes or library purposes, shall be deemed to be
an appropriation of such property for said purposes.