16:6-3 - Conference; powers with relation to extinct churches or religious societies - New Jersey Statutes

16:6-3.  Conference;  powers with relation to extinct churches or religious  societies
    The  "Trustees of the New York Conference of the Free Methodist Church" may, in pursuance of a resolution by it:

    a.  Sell the property of any such extinct church or religious society and convey the same to the purchaser by deed in its corporate name;

    b.  Convert any and all securities of any such extinct church or religious society into cash;  and

    c.  Receipt for cancellation mortgages and other evidences of indebtedness belonging to and standing open of record in the name of the extinct church or religious society.