40:54-21 - Acceptance of conditional gifts generally - New Jersey Statutes

40:54-21.  Acceptance of conditional gifts generally
    In any municipality in which there shall have been established a free public  library pursuant to law, the governing body may, by resolution, accept gifts or  bequests for the purpose of building a library building therein which may be  made on condition that a sum not exceeding ten per cent of the amount of such  gift or bequest be annually appropriated for the maintenance and support of  such library, or which may be made on the above condition and on the further  condition that the municipality to which such gift is made shall also provide a  suitable site for the building.  When any such conditional gift is accepted by  any municipality such amount as may be required by the condition of the gift  for the support and use of the library may be raised annually by taxation.