Chapter 407

2003 -- S 0670 SUBSTITUTE A

Enacted 08/06/03

A N A C T

EXEMPTING FROM TAXATION THE PROPERTY OF THE PAWTUCKET, RI YOUNG

MEN'S CHRISTIAN ASSOCIATION

Introduced By: Senator John F. McBurney

Date Introduced: February 13, 2003

It is enacted by the General Assembly as follows:

     SECTION 1. Section 2 of the Public Laws of 1893, passed May 24, 1893, entitled "An

Act to Incorporate The Young Men's Christian Association of Pawtucket, R.I." is hereby

amended to read as follows:

     "SECTION 1. James R. MacColi, James L. Jencks, C. H. Fuller, George E. Newell, A.T.

Stratton, their associates and successors are hereby made a corporation by the name of The

Young Men's Christian Association of Pawtucket, Rhode Island, for the promotion of the

physical, social, metal and spiritual welfare of young men, with all the powers and privileges, and

subject to all the duties and liabilities, set forth in Chapter 152 of the public Statutes, and in any

acts in amendment thereof or in addition thereto.

     SECTION 2. Said corporation may take, hold, transmit and convey real and personal

estate to an amount not exceeding four million dollars and all its property up to said valuation

and shall be exempt from taxation as long as such property shall be occupied exclusively for the

objects set out in this act of incorporation and no longer." used for the purposes of said

association.

     SECTION 3. The present officers of said association shall continue to hold their

respective offices under this charter until their successors are duly elected and qualified.

     SECTION 4. The present constitution and by-laws of said association shall become and

be the constitution and by-laws of said corporation until the same are amended or otherwise

changed in the manner provided in said constitution."

     SECTION 2. This act shall take effect upon passage.

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LC02455/SUB A

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