Chap. 419.—An ACT to exempt the property of the international com-
mittee of the Young Men’s christian association, located at the Uni-
versity of Virginia, from taxation.

Approved March 5, 1888.

1. Beit enacted by the general assembly of Virginia, That
all real and personal property now owned, or hereafter ac-
quired by the international committee of the Young Men’s
christian association, and located or held at or near the Uni-
versity of Virginia, shall be exempt from all taxation: pro-
vided the said property is used exclusively for the purposes
of the association: and provided further, that the aggregate
value therefor does not exceed the sum of one hundred and
fifty thousand dollars: and provided further, that not more
than ten acres of land shall be exempted from taxation under
_this act.

2. This act shall be in force from its passage.