Section 17-1714. Establishment and maintenance of hospitals

l. For the
  purpose of enabling such villages  to  procure  federal  aid  under  the
  provisions  of the national industrial recovery act in the establishment
  of hospitals, the board of trustees of any village which has been or may
  hereafter be incorporated to embrace the entire territory of a town, and
  which is adjacent to a city or town in which a hospital is maintained by
  a duly incorporated membership  corporation,  may  acquire  by  gift  or
  purchase  title  to  lands  in  such  city or town in trust for hospital
  purposes. If such land is to be acquired by gift, the acquisition  shall
  be  subject to a permissive referendum or if such land is to be acquired
  by purchase, the acquisition shall be subject to a permissive referendum
  if it is to be paid from taxes levied for the fiscal year in which  such
  expenditure  is made.  The board may construct and maintain on such land
  suitable buildings and equip the same for hospital  purposes  and,  from
  time  to  time,  enter  into one or more agreements with such membership
  hospital corporation for the control and  operation  thereof,  and  such
  board  of  trustees  may  accept  on  such terms as the president of the
  United States shall prescribe, any grants made by him  pursuant  to  the
  provisions  of  the  said national industrial recovery act in aid of the
  establishment of the said hospital.
    2. There shall be  levied  and  assessed  annually  upon  the  taxable
  property  in  the  said  village  in  the manner prescribed by law a sum
  sufficient to defray the cost of the operation and  maintenance  of  the
  said  hospital  in  each  year, as estimated by the board of trustees of
  such village.
    3. Hospital corporations duly incorporated under the provisions of the
  membership corporation law are hereby empowered to dedicate,  grant  and
  release  to  any  such  village  lands for said purposes, upon terms and
  conditions to be approved by its board of governors, and to  enter  into
  agreements  with  the  board  of  trustees  of  any such village for the
  control, operation and maintenance of any hospital or  hospitals  to  be
  constructed as hereinbefore provided.