N.J. Stat. § 16:6-3: Conference; powers with relation to extinct churches or religious societies

The "Trustees of the New York Conference of the Free Methodist Church" may, in pursuance of a resolution by it:

a. Sell the property of any such extinct church or religious society and convey the same to the purchaser by deed in its corporate name;

b. Convert any and all securities of any such extinct church or religious society into cash; and

c. Receipt for cancellation mortgages and other evidences of indebtedness belonging to and standing open of record in the name of the extinct church or religious society.