Section 11-42-130 Ownership of property of municipality annexed.
Section 11-42-130
Ownership of property of municipality annexed.
All property and rights of property and assets and interests of every kind and character owned by the city or town annexed to the other city or town shall vest in and become the property and assets of the city or town to which it is annexed.
(Code 1907, §1143; Code 1923, §1838; Code 1940, T. 37, §205.)