[Gen. Ords. 1962, § 19-18]
The gift of ten thousand ($10,000.00) to the inhabitants of
the city in memory of the late Royal E. Robbins, shall be called by
the name of the "Royal E. Robbins Memorial Fund" and shall be kept
by the city treasurer invested in bonds or notes of the city or in
securities, in which funds of savings banks may be law be invested,
except personal securities.
[Gen. Ords. 1962, §§ 2-5, 2-9, 19-16, 19-17]
(a) There is hereby established the board of trustees of the Royal E.
Robbins Memorial Fund.
(b) The board of trustees of the Royal E. Robbins Memorial Fund shall
consist of three (3) persons, one (1) of whom shall be a member of
the public welfare commission, all appointed by the mayor subject
to confirmation by the council. One (1) member of such board shall
be appointed on or before the first Monday in May in each municipal
year to serve for three (3) years from the expiration of the term
of the member then next outgoing.
(c) The members of the board of trustees of the Royal E. Robbins Memorial
Fund shall meet on the first Monday in June annually, or as soon thereafter
as convenient, and organized by the choice of a chairman, and shall
keep a record of their proceedings.
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Cross references—Annual inventory of city property to be submitted to mayor and auditor, § 2-2; annual reports by boards and officers to mayor, § 2-9; turn over and accounting for funds, § 2-88; books and records to correspond to fiscal year, § 2-89.
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[Gen. Ords. 1962, § 19-19]
It shall be the duty of the city treasurer to keep a separate
account of the Royal E. Robbins Memorial Fund and the income therefrom.
He shall pass to the credit of such account the interest of such bonds
and notes as the same becomes due, without the necessity of any draft
or order from any official of the city, and shall disburse the same
upon order of the city auditor, as provided for general accounts.
[Gen. Ords. 1962, § 19-20]
The board of trustees of the Royal E. Robbins Memorial Fund
shall, subject to the order of the council, have the exclusive disposition
of the income of such fund, and shall apply the same to the relief
of deserving poor people, inhabitants of the city, who are not inmates
of the city almshouse. Beneficiaries receiving relief shall be informed,
as far as is practicable, that they are receiving it from such fund.