Greenwood Cemetery Company is organized and chartered as a perpetual care Cemetery (organized 1865). By the terms of that Charter with the State of Tennessee, the Cemetery Company deposits 20% of the sale price of every lot sold and 10% of the sale price of each mausoleum crypt or niche in the Perpetual Care Trust Fund, custodially held and managed by a certified bank or trust and investment company licensed to do business in the State of Tennessee. The principal of these funds is held intact forever and is invested in accordance with the laws of the State of Tennessee to produce income used for the perpetual care and beautification of the cemetery.
Under the laws of the State of Tennessee, the Board of Trustees of the Greenwood Cemetery Company is authorized to prescribe Rules and Regulations governing the Cemetery. Such Rules and Regulations are designed to safeguard and protect to the greatest extent possible the rights and interests of the lot owners, to preserve the peace and beauty of the cemetery and the observance of the sacredness of its purpose, and to secure respect and consideration for those who rest in its hallowed grounds.
The Rules and Regulations may be revised or additions made thereto without notice to the lot owners, when in the judgment of the Board of Trustees of Greenwood Cemetery Company such revision or amendment or addition is required. All lots are sold subject to the Rules and Regulations is effect at the time of such sale, and that may be adopted in the interest of the Cemetery and the lot owners after the certificate of ownership is issued, provided, however, that no revision or amendment or addition to the Rules and Regulations will deprive any lot owner of his or her contractual rights or interests previously granted.
Greenwood Cemetery Company expects all persons coming into the Cemetery to obey the Rules and Regulations. It will exercise its right to invoke the penalties of the law, which will be strictly enforced in all cases of wanton injury, disturbance and disregard of the Rules and Regulations.
Special cases may arise in which the literal enforcement of a rule may impose unnecessary hardship. The Cemetery Company, therefore, reserves the right, without notice and without waiver of any of its Rules and Regulations, to make exceptions in special cases or to suspend or modify the application of the Rules and Regulations, when in the judgment of its executive officers and its Board of Trustees such course appears advisable. However, any such action on its part shall not be construed as affecting the general application of the Rules and Regulations.
The Trustees and Officers of Greenwood Cemetery Company sincerely desire the complete cooperation of its patrons, and expect them in their own interest, as well as that of the Cemetery, to observe the Rules and Regulations, to help keep Greenwood a desirable and beautiful cemetery.