Mount Auburn Cemetery

178

to withdraw the income thereof, and appropriate the same to the care, preservation, and keeping in order of the Cemetery and its appurtenances, to the payment of the salaries, and to the other necessary expenses of the Institution: And by vote of four fifths of the Trustees for the time being, they may withdraw from time to time, the principal of the said fund, and invest the same as _____ hereinafter is prescribed.

If at any time the Trustees ^^deem the Massachusetts Hospital Life Insurance Company, to be an unsafe place of deposit of the said fund, and shall by a vote of a majority of all the members of the board so declare of record, the said fund may be withdrawn from the custody of the said Insurance Company, as soon as by the conditions of the deposit it may be, and shall then be invested in the name of the Proprietors of the Cemetery of Mount Auburn, upon the same trusts, in the Public Debt of the United States, or in that of the State of Massachusetts, or in the debt of the City of Boston, or the City of Charlestown, or the City of Roxbury, or the City of Cambridge, or in mortgages of real estate in Boston; provided that no mortgage shall be taken for a sum exceding two thirds of the value of the estate as it stands, when taken, on the valuation books of the assessors of the city taxes; nor for a period exceeding five years; nor, in which the interest shall not be paid as often as annually; to which shall be added, insurance against fire by some competent insurance Company in Boston, for the amount of the loan, or such proportion thereof as the value of the buildings on the land