(A) The Borough Fireman’s Relief Association is officially recognized by the Borough Council as an organization formed for the purpose of maintaining an association for benefits and protective purposes to its members and their families in case of death, sickness, temporary or permanent disability or accident from the funds collected therein.
(B) The aforesaid Borough Fireman’s Relief Association be and is hereby designated by the Borough Council to receive said funds as due and payable to the Borough Secretary/Treasurer by the Treasurer of the state from the 2% tax on premiums from foreign fire insurance companies.
(C) There is hereby annually appropriated from the borough treasury all such sum or sums of money that may hereafter be paid into the borough treasury by the Treasurer of the state on account of taxes paid on premiums by foreign fire insurance companies in pursuance to an act of Assembly in such cases made and provided.
(Res. 1934-03, passed 3- -1934)