Chapter 8.
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/statutes-at-large/vol-22/chapter-8-1658298·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
CHAP. 8.— An act to cede to the first taxing-district of the State of Tennessee a certain lot of land situated in said district. Dec. 23, 1882. Whereas the corporate authorities of the city of Memphis, in the StatePreamble. of Tennessee, have recently conveyed to the Government of the United States, by deed, in fee-simple, without charge, a large and valuable lot of land for a site upon which to erect a post-office, custom-house, and United States district and circuit courtrooms in said city, and upon which said building is now being erected, in lieu of the lot of land formerly obtained by the government for the same purpose, and the Government of the United States now having no need for the last-mentioned lot of land for any public use; and Whereas Mr.
Job M. Nash, of New York, proposes to give to the taxing-district formerly known as the city of Memphis the sum of twenty-five thousand dollars to establish a public library in said city, on condition that said city will furnish a suitable building for the same worth fifty thousand dollars: Therefore, *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the lot or parcel of groundU. S. land, Memphis, Tenn., ceded for site for public library, etc. situated on the southeast corner of Jefferson and Third streets in the city of Memphis, in the first taxing-district of the State of Tennessee, now owned by the Government of the United States, and upon which it was formerly intended to erect a post-office, custom-house, and United States district and circuit courtrooms, be, and the same is hereby, ceded to the first taxing-district of Tennessee, to be held in trust for the use of the board of trustees of said public library, and their successors; and if the said trustees shall find that the said lot is not suitable for the purpose of a public-library building, then the same may be sold and conveyed by the said taxing-district, and the proceeds of such sale reinvested in a lot suitable for such building, which shall be held in trust as aforesaid; and if the said board of trustees shall fail to erect a suitable building for a public library upon said lot within three years from the passage of this act, then said lot shall be held in trust by said taxing-district for the use and benefit of the public schools of said taxing-district.
Approved, December 23, 1882.