University of Virginia Library

V.

The active members of this Corporation shall consist of those persons who shall be
the members of the Board of Managers of the Alumni Association of the University of Virginia.
When any one or more of the members of this Board shall cease to be members thereof his or
their successor or successors in office shall ipso facto become an active member or members
of this Corporation in the place or places of that member or of those members who have ceased
to be members of said Board of Managers. If, for any cause, said Board of Managers of the
Alumni Association of the University of Virginia should be abolished, then the persons who
shall succeed to the performance of the substantial duties of such Board of Managers shall
ipso facto become active members of this Corporation in the place and stead of the former members
of said Board, which former members shall ipso facto cease to be such active members, it
being intended that the active members of this Corporation shall consist of the persons who
for the time being shall occupy such position or positions, the duties of which are exactly
or substantially those performed at the time of the issuance of this charter by said Board of
Managers of the Alumni Association of the University of Virginia. The voting power at any
meeting or meetings of this Corporation shall be vested in such active members.