Any municipal corporation in which, under its former organization prior to March 9, 1875, by any law or charter regulating any literary, charitable, or benevolent institution, vested any power of appointing officers of supervision or control, shall continue to hold and possess the like power and authority in every respect.Acts 1875, No. 1, § 32, p. 1; C. & M. Dig., § 7519; Pope's Dig., § 9579; A.S.A. 1947, § 19-906.
Arkansas Legal Code