Chap. 234.—An ACT to incorporate The Botetourt Library Company.

Approved March 29, 1876. ;

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1. Be it enacted by the general assembly, That Edmund
Pendleton, John J. Allen, William A. Glasgow; John W.
Johnston, James Godwin, Henry M. Bowyer, A. A. Woodson,
J. H. H. Figgat, William B. Simmons, M. W. Camper, James
McDowell, C. H. Gibbs, Brown M. Allen, and Thomas D.
Houston, together with such persons as may associate them-
selves together and subscribe for stock, or make contribu-
tions, for the purpose of procuring and establishing a library
in the town of Fincastle, in the county of Botetourt, and
their successors, be and they are hereby created a body poli-
tic and corporate, by the name and style of The Botetourt
Library Company: and by that name shall bave perpetual
succession and a common seal; may sue and be sued, plead
and be impleaded; with power to purchase, receive, and hold,
to them and their successors forever, any lands, tenements,
rents, goods, and cbhattles, of what kind soever, which may
be devised or given to them for the use of said library com-
pany; and also to lease, rent, sell, or otherwise dispose of the
same, as shall be deemed best for the good of said company:
provided, that the property to be held by the said company
shall not exceed in value the sum of ten thousand dollars,
which shall be a joint capital stock, to be divided into shares
of five dollars each.

Z. And be it furth-r enacted, That the said company shall
meet, annually, on the Tuesday after the second Monday in
the month of May in every year, of which meeting one week's
previous notice shall be given in a newspaper published in
the county of Botetourt; and the said company shall elect
by ballot, out of the members of the company, 2 president,
two vice- presidents, and six directors, whose authority shall
continue for one year, and until another president and other
vice-presidents and directors are chosen. Ten members pre-
sent, in person or by proxy, shall be sufficient to make a
meeting for all purposes required by this act: provided, that
no less number than a majority of the whole company, shall
have power to dissolve the company, or repeal any of the
rules and‘ regulations thereof. If it should happen that a
president, vice-presidents, and directors are not chosen on
the day appointed, the members who convene have power
to adjourn the meeting from day to day, not exceeding thirty
days, until such officers are chosen.
3. The said president, vice-presidents, and directors, or a
majority of them, shall have power to fill up all vacancies
which may occur in their own body, by death, resignation, or
removal out of the county of Botetourt; to appoint a libra-
rian, a treasurer, and all other necessary officers, and fix their
salaries. }

4. And be it further enacted, That the said president, vice-
presidents, and directors, or a majority of them, shall have
power to make such by-laws, rules, and regulations (not con-
trary to the constitution or the laws of this state), as they
may think necessary and proper, for the conduct and govern-
ment of the said company, subject, however, to the revision
and amendment of a majority of the members of the said
company, who shall be convened for that purpose at the re-
quest of any ten members.

5. This act shall be in force from the passage thereof.