68-11-505 - Contributions declared a public purpose.

68-11-505. Contributions declared a public purpose.

The contribution of public property and moneys, or both, to a public welfare corporation conducting a hospital is declared to be a public purpose for which public moneys raised by taxation may be expended.

[Acts 1949, ch. 177, § 2; C. Supp. 1950, § 5879.31 (Williams, § 4432.40); T.C.A. (orig. ed.), § 53-1405.]