14

PERPETUAL REPAIR OF LOTS.

It is provided by Art. VIII of the By-Laws as follows : —

DONATION IN TRUST. — "The Trustees may receive in trust from
a Proprietor any sum of money, the income of which shall be appro-
priated to the repair of his lot, according to the terms of trust ex-
pressed in the form provided.”

PERPETUAL REPAIR, WITH GUARANTY. — "The Trustees may also
guarantee the perpetual repair of lots, upon the payment ef such a
sum as the Committee on Lots shall deem sufficient for that purpose,
a form for which is also provided.

"All such sums shall collectively constitute a separate fund, called
the ‘ Repair Fund,’ and shall be invested in some public stock of
this State, or of the National Government, or in the stock of some
bank or banks of this State, or in notes secured by a sufficient col-
lateral pledge of stocks in this State, or mortgage on real estate in
Boston.

"Each lot in relation to which such ‘a contract shall have been
made shall be credited in a book kept for the purpose, with the
principal sum paid on account of said lot; and at the close of each
year a ratable proportion of the net income of the whole repair fund
shall be carried to its credit in conformity with the terms of said con-
tracts.”

RECONVEYANCE IN TRUST. —“ A Proprietor who shall have con-
tracted with the corporation for the care and preservation of his lot
forever, desiring to place the same in perpetual trust, for the purpose
of restricting the right of burial, or for any other legitimate object,
may, with the consent of the Committee on Lots, reconvey such lot
to the corporation, to hold the same forever, for the uses and trusts