28:2-14 - Transfer of property by association to United States; stock held by state transferred to association; contractual rights and payments to cease - New Jersey Statutes

28:2-14.  Transfer of property by association to United States;  stock held  by state transferred to association;  contractual rights and payments to cease
    The Washington Association is authorized to grant and convey to the United States all its right, title and interest in and to all of its real and personal  property of an historic character, located in the town of Morristown, Morris  county;  and, upon a conveyance being made to the United States pursuant to the  authority herein granted, the state of New Jersey relinquishes and releases to  the United States all of its right, title and interest in and to any and all of  such real and personal property;  and all stock at any time forfeited to the  state of New Jersey shall become the property of the Washington Association and  any and all stock standing in the name of the state of New Jersey on July  fourth, one thousand nine hundred and thirty-three shall be transferred by the  state treasurer to such association; and all contractual rights between the  state of New Jersey and such association shall cease and determine, and the  state shall not, in the future, be under obligation to make any payments to the trustees of such association.