No trustee shall be allowed to furnish material for building purposes; nor shall they be, either directly or indirectly, personally interested in the purchase of any article of merchandise or other supplies for the use of such institution.Acts 1868, No. 50, § 7, p. 154; C. & M. Dig., § 9456; Pope's Dig., § 12859; A.S.A. 1947, § 80-2209.
Arkansas Legal Code