§ 36-2. When city may act as trustee.  


Latest version.
  • The city is hereby authorized and empowered to act as trustee where any property or fund heretofore or hereafter given is devised or bequeathed to the city or to any class of persons in the city, for the purposes of charity, education or other public purposes and there is no trustee of such property or fund, the trust is about to fail for want of a trustee, or the trustees have resigned or been removed.

(Code 1968, § 37-2)