161.03 DUTIES.
   The Conner Memorial Commission shall handle the bonds and the funds coming to the City from the estate of Thomas Conner, deceased, late of Joplin, Missouri. The net income of such bonds shall be used for the support of the poor of the City. When such bonds are paid, the proceeds shall be reinvested in other bonds, the income of such bonds to be used for the support of the poor of the City. The Commission and its successors shall invest and reinvest in perpetuity, the proceeds arising from the payment of the bonds bequeathed to the City by Thomas Conner, deceased.
(1951 Code Sec. 7.39)