No member of the Board of Trustees or other village officer shall be directly or indirectly interested in any contracts, work or business of the village, or the sale of any article, the expense, price or consideration of which is paid from the treasury, or by any assessment levied by any act or ordinance; nor in the purchase of any real estate or other property belonging to the corporation, or which shall be sold for taxes or assessments, or by virtue of legal process at the suit of such corporation.
(Prior Code, § 30.023)