160A-349.9. Power to acquire land; adjacent property; disposal of money from lot sales; investments; income from investment.
The said board shall have the power to acquire additional lands for cemetery purposes, either by purchase or otherwise. In making such additional acquisitions of property, if possible, they shall acquire adjacent property; all moneys received from the sale of lots shall be held by the board of trustees intact and used for the purchase of additional lands; to beautify and otherwise maintain and keep the present property and the future acquired property. The board may, if it seems best to it, invest the said money in good, interest-bearing securities, payable to the said board, and the income derived therefrom shall be by the board used in the beautifying, maintenance and upkeep of the cemetery or cemeteries under its control. (Pub. Loc. 1923, c. 583, s. 9.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160A - Cities and Towns
Article 17A - Cemetery Trustees.
§ 160A-349.1 - Creation of board authorized; official title; terms of office; vacancies.
§ 160A-349.3 - Property vested.
§ 160A-349.4 - Control and management; superintendent and assistants; enumeration of powers.
§ 160A-349.5 - Rules continued in force.
§ 160A-349.7 - Presentation of budget; details of budget; appropriation; payment to board.
§ 160A-349.10 - Power to condemn land; procedure for condemnation; board incorporated.
§ 160A-349.11 - Price of lands included in budget.
§ 160A-349.12 - Power to accept gifts; exclusive use of gifts.
§ 160A-349.13 - Sale of unnecessary property.