Sec. 4.
Such corporation shall have power to acquire by gift, devise or purchase, and hold in fee simple so much land as may be necessary and appropriate for its purposes: Provided, That no land thus held shall be in any way encumbered by such corporation.
History: 1915, Act 58, Eff. Aug. 24, 1915 ;-- CL 1915, 11180 ;-- CL 1929, 10465 ;-- CL 1948, 456.204