253.120. Confederate Memorial Park endowment fund. - Missouri Statutes

Confederate Memorial Park endowment fund.

253.120. The endowment fund authorized by section 2, Laws ofMissouri 1925, page 136, shall be maintained by the department ofnatural resources as a permanent endowment for the maintenance ofthe Confederate Memorial Park. The department of naturalresources may accept gifts, donations, or bequests for themaintenance of the memorial park and for the endowment fund untilthe fund reaches the sum of seventy-five thousand dollars. Thedepartment of natural resources may sell, convey or otherwiseconvert into money any property received and shall invest allmoneys of the endowment fund and use the income therefrom for themaintenance of the park, but the principal shall remain intact asa permanent endowment fund.

(L. 1957 p. 306)