There shall be and is hereby established a trust fund in the amount of $16,600 as of March 16, 1942, together with all memorial funds thereafter paid for the purpose of perpetual care. The funds shall be invested in safe and productive securities or real property approved by the Council, the income therefrom to be used for care and up-keep of lots in perpetual care and for improving and beautifying any portion of the cemetery, and for no other purpose.
('77 Code, § 19.007) (Ord. 103, eff. 3-16-42; Am. Ord. 148, eff. 11-2-59)