530 FIFTY-SIXTH CONGRESS. Sess. I. Ch. 786. 1900. and officers, and the time and manner of their election or appointment . and the time and place of meeting for the trustees and for this associa- . tion and to pass all such other y-laws as may be necessary for the good government of such association. _. mggggggyygpsggg Sec. 236. Such associationshall be authorized to purchase, or to take ssmmum. by gift or devise, and hold, land exempt from execution and from any appropriation to glublic purposes for the sole purpose of a cemetery, not exceeding eig sy acres, which shall be exempt from taxation if intended to e use exclusively for burial urposes and in no wise with a view to the proht of the members otp such association. Such association may by 1ts by-laws provide that a stated (percentage of the moneys realized- from the sale of lots, donations, an other sources of revenue shall constitute an irreducible fund, which fund may be invested in such manner or loaned upon such securities as the association or the trustees thereof deem prgger. The interest or income arising from the irreducible fund piéovid for in any by-law, or so much thereof as maybe necessary, shall devoted exclusive y to the preservation and embe lishment of the cemetery, and, where any by-law as been enacted ‘ for the creation of an irreducible fund as herein provided for, it can not thereafter be amended in any manner whatsoever except for the purpose of increasing such fund. After paying for the land, all the utiire receipts and income of such association subject to the rovisions herein for the creation of an irreducible fund, whether fiiom the sale of lots, from donations, rents, or otherwise, shall be applied exclusively to laying out, preserving, protecting, and embellishing the cemetery and the avenues eading thereto, and in the erection of such buildings as may be necessary or convenient for the cemetery purposes, and 'to paying the necessary expenses of the association. No ebts shall becontracted in anticipation of any future receipts, except for originally purchasinlg, layingout, and embellishing the groungs and avenues, for which ebts so contracted such association may issue bonds or notes, and secure the same by way of mortgage upon any of its lands, excepting such lots as shall have been conveyed to the members thereof; and such association shall have power to adopt such rules andregulations ss they shall deem expedient for disposing of and for conveyin buria ots. · _ ,8§c{;Y ’°“ ““°““”"‘° Sec. 2§7. It shall be lawful for said trustees whenever, in their " opinion, any peiftionhorportions of their land; are pnsigitable forlburiag pu _ s to se suc portion or portions an app y the avai s thereo _ ‘ to the general purposes of suchassociation. _ ,,,§’;“g}“_§g’,§$,,§,§°'g°,§’,§_ Sec. 23% Btpria kits sgldhbsi sslich associlapion sthall the for thetsole taxation- - ‘ u` se o in ermen an s a ei exem rom axa ion, execu ion, Ettgliliment, or any other claims lien, or pprocess whatsoever if used, as integded, exclusively for burial purposes and in no wisc with a View to ro t. · ,$§§°",g§§}‘3‘;§}“"b“'° Sho. 239. All such associations shall cause a plan of their grounds . and 0; tlisllots by theihnlagd (¥1tkt0 fbe mlsde and recorded! in a bop)k ept or at purpose y the c er o suc association, suc ots to e numbered by regular consecutive numbers, and shall have power to inclose, improve, and Iadorn the grounds and avenues, to erect buildings for the use of the association, and to prescribe rules for the designation and adornment of lots and for erecting monuments in the cemetery, and to prohibit any use, division, improvement, or adornment
of a lot which they may deem improper. `An annual statement of the
financial affairs of such association shall be made by the clerk thereof.
