62. Every county agricultural society shall be entitled to an annual grant from the treasury equal to twice the amount subscribed and paid in by its members. When a member subscribes more than $2, the excess shall not be reckoned in calculating the amount of the grant.
An annual sum of $100 000 shall be appropriated out of the consolidated revenue fund for the payment of such grants.
R. S. 1964, c. 112, s. 62.