1961_session laws_24_5
CHAPTER 23 AN ACT TO CREATE A CEMETERY COMMISSION FOR THE TOWN OF GARLAND AND DESIGNATE OTHER PURPOSES OF ITS EXISTENCE. The General Assembly of North Carolina do enact:
The said Garland Cemetery Commission shall have the right to accept any grant, lease, loan or device of real estate, or any gift or bequest of money, or any donation given for cemetery purposes to the Town of Garland or any gift or bequest of money or any donation to be applied, principal or income, for the use, maintenance and perpetual care of the cemeteries owned or controlled by the Town of Garland. If gifts are made, the principal of which is to be invested and income only used for the maintenance of the cemeteries owned or controlled by the Town of Garland, the board of town commissioners shall invest said principal only in such securities as are approved by law for investment of guardianship funds.