BY OWNING, MAINTAINING, AND MANAGING A BUILDING FOR THE PURPOSE OF PROMOTING INTELLECTUAL CULTURE, HIGH MORAL STANDARDS, AND VIRTUR CONDUCIVE TO THE WELFARE AND BEST INTEREST OF THE COMMUNITY, AND PARTICULARLY THE MEMBERS OF THE ASSOCIATION. PROVIDING A PLACE FOR SOCIAL GATHERINGS, READING ROOM, ATHLETIC EQUIPMENT, AND SUCH OTHER FACILITIES AS MAY TEND TO ENCOURAGE THEIR PHYSICAL, MENTAL, AND CULTURAL DEVELOPMENT.