30:9-19 - Loans to meet expenditures; bonds; expenditures for furnishings and equipment - New Jersey Statutes

30:9-19.  Loans to meet expenditures;  bonds;  expenditures for furnishings  and equipment
    A city through its governing body may from time to time or at once, as may be deemed most advantageous, borrow the money necessary to reconstruct, repair and improve a hospital as authorized by section 30:9-18 of this Title and may for that purpose issue bonds in a sum not exceeding three hundred thousand dollars.  Out of the proceeds the city may expend a sum not exceeding twenty-five thousand dollars for furnishing, refurnishing and equipping the buildings, property, apartments and appurtenances of the enlarged or reconstructed hospital.

     Amended by L.1938, c. 275, p. 596, s. 2, eff. May 25, 1938.