2o8 
PARK AND CCMCTCRY. 
East Linwood Cemetery, Boone, Iowa. 
In the summer of 1895 certain citizens of Boone, 
Iowa, realizing that a new place of burial for use of 
the community was an absolute necessity, purchased 
thirty acres of land, about one mile soutliwest of 
the city, and immediately southeast of the old cem- 
etery, for that purpose. 
Their plan of organization was as follows: A 
stock company ^ ^ .. ^ ^ y ■■■■r .= 
with $12,000 
paid up cap- 
ital was form- 
ed, $9,500 was 
paid for the 
land, the bal- 
ance to be de- 
voted to im- 
proving and 
developing the 
grounds. The 
articles of in- 
corporation 
provide that 
the stock b e 
non-assessable 
and the indebt- 
edness is limit- 
ed to one dol- 
lar. 
Of the re- 
ceipts from lot 
sales, one half 
is to be distrib- 
uted among 
the stockhold- 
ers, distribu- 
t i o n t o b e 
made whenev- 
er there is a 
sum in the 
treasury equal 
to $5.00 for 
each share of 
stock. Of the 
balance ^ (or 
25 per cent of 
gross sales) 
goes to the 
City of Boone 
as Trustee to 
form what will 
be known as a 
perpetual fund 
to be invested 
in bonds and 
the interest to 
compound. The balance of the receipts from 
lot sales is to be used in maintaining and car- 
ing for the grounds during the life of the Cor- 
poration, which is chartered for twenty years. 
At expiration of twenty years, all unsold property 
is to be turned over to the City of Boone, and the 
City is to assume the management and care from 
that date. The perpetuity fund is expected by 
HAST TIN WOOD 
CEMETERY 
