Chap. 63.—An ACT to incorporate the Petersburg Musical association,
Approved April 11, 1887.

1. Be it enacted by the general assembly of Virginia, That
J. Q). Jackson, John McGill, T.S. Beckwith, J. William Friend,
and IL. Noltenius, and such others as are now, or may here-
after be associated with them as regular members of the
Petersburg Musical association, be and they are hereby in-
corporated under the corporate name of the Petersburg Musi-
cal association, for the purpose of establishing and maintaining
in the city of Petersbure a benevolent institution, which,
without money-profit to its members, shall be devoted to mu-
sical education, and the cultivation and development of the
musical taste of the people of this commonwealth.

2. That said corporation shall have power to adopt a seal
and echanve or break the same; to sue and be sued, and to
acquire by purchase, gift, grant, or otherwise, such property,
real and personal, as may be necessary to carry out the pur-
pose of the association: provided, that the real estate held by
the association shall noteexceed in value the sum of thirty
thousand dollars.

3. That said corporation shall have power to borrow money
and secure the same by mortvace or deed of trust.

4, That said corporation shall have power to make and
adopt a constitution and by-laws (not inconsistent with the
laws of this common:vealth), and also to adopt rules and regu-
lations prescribing the conditions of membership in said cor-
poration, and fixing and ascertaining the rights and privileges
of contributing. regular, and perpetual members of said asso-
Giation respectively, in the management of the affairs of the
corporation, and in the property belonging thereto, prescribing
also the number of officers of said corporation, the mode in
which such officers shall be elected, and their respective duties,
and shall also have power to change such constitution, by-
laws, and regulations, from time to time.

5. That no director of said association shall receive for his
services as such any pecuniary compensation or emolument.

6. That the property of said corporation, as well as the net
rents, issues, and profits derived therefrom, shall not be divided
among the members thereof during the existence of the cor-
poration, but shall be kept as a fund devoted to the purposes
for which the said association is incorporated.

7. Allinterest of any member, not a perpetual one, of said
corporation in its property, shall terminate and vest in the
corporation upon his ceasing to be a member thercof by death,
resignation, expulsion, or otherwise.

8. The several officers of said association at the time of the
passage of this act, shall continue to hold their respective
offices, with the powers and dutics prescribed by the consti-
tution and by-laws of said association, until their successors
shall be clected and installed; and in case of any vacancy in
any of such offices, such vacancy shall be filled in the manner
prescribed by the existing constitution and by-laws of said
association; and said existing constitution and by-laws shall
be the constitution and by-laws of said corporation until the
same shall be altered and amended by said corporation.

9. All property now held by the association shall, from the
passage of this act, vest in and become the property of said
corporation, and the lattershall be exempt from the payment
of taxes to the State and the city of Petersburg.

10. This act shall be in force trom its passage.