CHAPTER 424
CORPORATIONS.
A further supplement to an act entitled " AN ACT" to Incorporate the Trustees of the Home for Friendless and Destitute children in the city of Wilmington.
WHEREAS, the Institution, incorporated by the act to which this is a further supplement, has, since the year 1863, been conducted for the benevolent purposes of its incorporation, and has greatly improved the condition of the destitute classes and lessened the burden of taxation, and in this work, wholly of a public and charitable nature, has derived its support almost exclusively from private contributions and bequests of charitable persons.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met, (two-thirds of each branch of the Legislature concurring herein,
SECTION 1. That any and all property now held or that may hereafter be acquired in any manner by the trustees of the Home for Friendless and Destitute children in the city Wilmington, together with any and all gifts, devises, bequests, or legacies to it in any manner heretofore or hereafter given, are, and shall be, exempt from all taxes, assessment and abatement whatsoever, for State, county, municipal or other purposes, so long as the same is held or used for the present charitable purposes.
SECTION 2. That the act to which this is a further supplement be and the same is hereby amended by striking out the word "ten" in the twenty-eighth line of Section 1, and inserting in lieu thereof, the word "twenty."
Passed at Dover March 12, 1877.