Section 3. Objects of the Trust

3. Objects of the Trust .—The objects of the Trust shall be— (a) to erect and maintain suitable buildings, structures and parks at or near the site of the Jallianwala Bagh in the city of Amritsar, to perpetuate the memory of those who were killed or wounded on the 13th day of April, 1919, on the said site; (b) to acquire lands, buildings and other properties for the purposes of the Trust; and (c) to raise and receive funds for the purposes of the Memorial. 3. All the buildings and other structures standing on the lands referred to in items 1 and 2 above. PART II—MOVABLE PROPERTIES ||PARTII—MOVABLE PROPERTIES|||| |---|---|---|---|---| |Item|Description of investments||Amount|| |No.||||| |1.|Government of Madras, 3% loan, 1952, No. D.H. 000034 . . . .|Rs.<br>25,000|A.<br>0|P.<br>0| |2.|Government of Madras, 3% loan, 1952, No. D.H. 000035 . . . .|25,000|0|0| |3.|Fixed Deposit in the Central Bank of India Ltd., Amritsar . . . .|1,10,000|0|0| |4.|Interest accrued on Item 3 upto 14th November, 1950 . . . .|2,750|0|0| |5.|In current account in the Central Bank of India, Ltd., Amritsar . .|6,586|1|1| |6.|Government of Utter Pradesh loan, 1960, purchased through the|49,675|1|4| ||Punjab National Bank, Amritsar . . . .|||| |7.|Amount placed in sundries in the Punjab National Bank, Amritsar|4,700|12|8| |8.|Fixed Deposit in the Bank of Nagpur, Ltd., Wardah, under receipt|1,13,270|5|6| ||No. 00518 . . . .|||| |9.|Interest on Item 8 above . . . .|3,681|4|0| |10.|Fixed Deposit in the Bank of Nagpur, Ltd., Wardah, under receipt|40,336|13|0| ||No. 00519 . . . .|||| |11.|Interest on Item 10 above . . . .|1,310|14|0| |12.|In current account with Messrs. Bachharaj and Co., Ltd., Bombay|9,573|6|0| |13.|Cash in hand on 24th November, 1950 . . . .|1,872|9|9| |14.|Moneys due from Government by way of refund of excess income-|Amount not known.||| ||tax. . . .|||| ________ STATEMENT OF OBJECTS AND REASONS On the 27th December, 1919, the Indian National Congress passed a resolution at Amritsar that the memory of that the Jallianwala Bagh be acquired with a view to raising a memorial therein and perpetuating those who were killed or wounded in that place on the 13th April, 1919. In pursuance of this resolution the Jallianwala Bagh Memorial Fund was started in 1919 and, out of the major portion of the subscriptions collected, the site of the Jallianwala Bagh was acquired Trustees were appointed in whom the property so acquired and the fund so collected were vested. Shri Jawaharlal Nehru and Sardar Vallabhbhai Patel are the present Trustees. The object of this Bill is to place the Trust on a permanent, statutory basis, establish a body corporate to be known as the Trustees of the Jallianwala Bagh National Memorial, transfer to that body all the property and funds now vesting in the present Trustees and confer upon that body all necessary powers for carrying out the objects of the Trust. NEW DELHI; The 4 th December , 1950. B. R. AMBEDKAR.