Chap. 293.—An ACT to incorporate the Isle of Wight Confederate memorial
association.

Approved February 16, 1901.

1. Be it enacted by the general assembly of Virginia, That W. I. Hods-
den, F.C. Roberts, N. FL Young, W. J. Stagg, R. Lee Seward, James
Coalter, A. S. Johnson, and Turner 8. Reynolds, their associates and
successors be, and they are, hereby constituted a body, politic and corpo-
rate, under the name of the Isle of Wight Confederate memorial associa-
tion, and by that name shall have perpetual succession, may sue and
be sued, make, have and alter a common seal, and shall be invested with
all of the rights and privileges, and subject to all of the restrictions im-
posed by the general laws of the state of Virginia applicable to such cor-
porations, and not inconsistent with the provisions of this act.

2. That the object of the said association is to obtain and acquire
sufficient funds therefor, and to build and erect a monument to the Con-
federate dead of the county of Isle of Wight; if practicable to erect a me-
morial hall, and otherwise perpetuate the memory of the Confederate
soldier; and to that end the said association, its associates and successors,
shall have power to acquire, receive. have and hold, by purchase, gift.
devise, or otherwise that natural persons may do, such real and personal
estate as may be necessary for the legitimate purposes and objects of the
said association, and may employ and use the same for the objects and
purposes aforesaid.

That the object and purpose of the said association being commend-
able and patriotic, it is hereby expressly declared that neither the incor-
porators herein named, their associates or successors, shall be personally
liable by reason of being incorporators or members of said association. —
That the said incorporators and their associates shall not have or
issue any capital stock or declare any dividends, or in any manner derive
any personal profit or advantage from this act; the said association not
being created and not to be organized. for pecuniary benefit or personal
gain.

3. That the property of the said association, whether real or personal,
shall be held in trust for the specific objects and purposes hereinbefore
mentioned, and none other.

4. That the officers of the said association shall be a president, secre-
tary and treasurer, who may be the same person, and a board of not less
than three directors, who shall have power to make such by-laws, rules
and regulations as may be necessary to the government of the said asso-
ciation, so that they be not inconsistent with the laws of this state or of
the United States.

5. This-act shall be in force from its passage.