44-136 - Sale or lease of armories.
§ 44-136. Sale or lease of armories.
When the Adjutant General shall receive information from the Governor of thedisbandment of an organization of the National Guard or naval militiaoccupying or using an armory provided by the Commonwealth under the directionof the Adjutant General, he shall determine whether such armory shall be soldor not, and if it is determined that such armory be sold after duepublication as prescribed by the laws of the Commonwealth for the sale ofreal estate under a deed of trust, it shall be sold at public auction for thehighest price to be paid for same, and upon such terms and conditions as mayseem best to the Adjutant General. The proceeds of such sale shall be dividedbetween the Commonwealth, county, city or individual, as their interest mayappear.
In case an armory becomes vacant by any reason mentioned in this section, theAdjutant General may lease such armory for a period not to exceed one year,or, when duly authorized by the Governor, may lease the same for a period ofyears, the proceeds due the Commonwealth therefrom in either case to beturned into the state treasury to be credited to the Armory Fund. Shouldthere be other owner or owners than the Commonwealth then the balance of theproceeds shall be equitably turned over to them as their interest may appear.During the time that the troops quartered in an armory are absent from theirhome station, in federal service, the armory may be leased as above provided,but not sold.
(1932, p. 761; Michie Code 1942, § 2673(118); R. P. 1948, § 44-136.)