Chap. 148.—An ACT to Incorporate The Virginia and Tennessee Bor-
der Fair Association in Washington County.

Approved April 2, 1874.

1. Be it enacted by the general assembly, That J. B. Dunn,
George R. McClelland, J. J. Ensor, J. G. Pepper, J. A. Nickles,
W. T. Delaney, J. W. Owen, J. C. Fowler, R. T. Legard, John
Oiler, L. R. Snapp, L. G. Dryden, Jno. Hammer, J. H. Wins-
ton and such other persens as they may associate with them,
are constituted a body politic and corporate, under the name
and style of The Virginia and Tennessee Border Fair Asso-
ciation, for the purpose of organizing, opening and holding
agricultural fairs at or near the town of Goodson, Virginia,
promoting the improvements in the various departments of
agriculture, the improvement of domestic animals, the general

vancement of rural economy and household manufactures.

Z. The association hereby created shall have perpetual
succession and # common seal, which may be altered or
changed from time to time, in the discretion of the board of
directors of said association; may in their corporate name
gue and be sued, contract and be contracted with; and may
acquire by purchase or otherwise, for the use of the associa-
tion, any quantity of lands, not exceeding one hundred acres,
and may improve the same or any part thereof at pleasure;
and may acquire and hold and dispose of such personal pro-
perty as the president and directors may deem necessary for
the purposes of the association; and may, in the corporate
name of said association, borrow money and give notes or
bonds therefor, and secure the payment of the same by exe-
cuting deeds of trust or mortgages on the real and personal
estate of the corporation, and do any and every other act in
furthering the purposes of said association, not inconsistent
with the constitution and laws of the United States and the
state of Virginia, which may contribute to the advancement
of the objects of the association.
st 3. The persons named in the first section shall constitute
- the first board of directors of said association. They shall
¢ hold their offices until their successors are appointed and
qualified, but the association may elect such number of direc-
a- tors, and provide for the election or appointment of such offi-
te cers and agents as it may decide necessary for the manage-
ment of its affairs.
of 4. The president and board of directors of said association
* shall have power to cause books to be opened for the sub-
scription of capital stock to said company, at such times and
places, and in such manner as they think best, and to cause
the same to be closed and re-opened as often as they deem
proper: They shall have control of all the real and personal
si- estate, and manage the business affairs of the association,
**- and may require any of the officers of the association to give
ve bond with security for the faithful performance of the duties
of their office, the penalty of such bond to be fixed by the
board of directors.

5. The president and board of directors shall have power
to form such constitution, to make such regulations and by-
laws for the government of the association not inconsistent
with the constitution and laws of the state as they may deem
proper, and may, from time to time, modify, change or repeal
the same. Five members of the board of directors, with the

* president, shall constitute a quorum for the transaction of
business, unless the association require a different number.
ex- 6. It shall be lawful for persons having property on exhi-
vay Vition at said fair, from other states, to sell the same on the
> fair grounds on one of the days of the annual fair of said as-

sociation to the highest bidder, the same as if the article had
been raised in Virginia; but no article shall be sold unless it
was manufactured, bred or owned by the person exhibiting
the same.

7. The capital stock of said association shall be four thou-
sand dollars, divided into shares of ten dollars each; but the
same may be increased by the board of directors, from time
to time, to an amount not exceeding fifty thousand dollars.

ent 8. This act shall be in force from its passage.