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BLUE RIDGE MEMORIAL PARK v. UNION NAT. BANK

No. 307.

75 S.E.2d 617 (1953)

237 N.C. 547

BLUE RIDGE MEMORIAL PARK, Inc. v. UNION NAT. BANK, Inc. et al.

Supreme Court of North Carolina.

April 15, 1953.

Attorney(s) appearing for the Case

L. H. Wall, Lenoir, for plaintiffs appellants.

Williams & Whisnant, Lenoir, for defendants appellees.

JOHNSON, Justice.

G.S. § 65-26 requires, in connection with the operation of a private cemetery offering perpetual care service, that a trust fund shall be set up and maintained as security for the performance of the obligations of perpetual care.

G.S. § 65-29 provides: "In event of the voluntary purchase by any city or town of a cemetery providing perpetual care of lots under this article, it shall be lawful for the cemetery to provide in its agreement...

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