1. 1. The county commission of any county in which a tuberculosis hospital has been established is hereby authorized to receive and to hold in trust for the board of tuberculosis hospital commissioners of such hospital any grant or devise of land or any gift or bequest of money or other personal property, as an endowment of such hospital, and if money, or if other personal property, to convert the same into money, and to loan the same at the best rate of interest obtainable, regard being had for the safekeeping and permanency of said fund, and to turn over the net annual income from any such real estate or from any money loaned, to said hospital board; or if advisable, to sell any such real estate and convert the same into money and loan it as aforesaid, or if not sold to authorize said board to rent or lease the same and receive the income therefrom. In case of sale of any real estate so given or devised a complete conveyance thereof may be made by an order spread upon the records of the county commission and a deed signed in pursuance thereto by the presiding commissioner and attested by the county clerk.
2. 2. Any such real estate or personal property so given shall be used inviolate for the purposes of said hospital, unless otherwise designated in writing by the donor.

(RSMo 1939 § 15180)

Prior revisions: 1929 § 13964; 1919 § 12598