Section 3. And be it further enacted by the authority aforesaid, That if an election of the officers of the institution be not held at the time herein appointed, the corporation shall not for that cause be dissolved; but an election shall be held as soon after as may be, public notice thereof being given and until such election the officers in place shall continue to act, and the officers now elected, viz. The Right Reverend William White, D. D. President. Vice Presidents, Robert Patterson, Horace Binney, Roberts Vaux, Dr. N. Chapman. Secretary, Henry J. Williams. Treasurer, John Bacon. Directors, William Meredith, Paul Beck, junior, Samuel B. Fisher, Clement C. Biddle, Alexander Henry, Benjamin Tilghman, Jacob Gratz, Philip F. Mayer, Caleb Cresson, James N. Barker, Dr. William Price, William McIlvaine, Thomas Cadwallader, Callender, Irvine, Joseph Gratz, William J. Duane, Reuben Haines, Samuel Canby, junior, Samuel Archer, Dr. Franklin Becke, Samuel R. Wood, shall hold and exercise their respective offices until the election in May next, and until others are appointed.