Comment 1 for bug 616679

Having just downloaded the VM package, I find the same issue.

This seems to be long-standing problem with the build routine. The configure script shows:

checking where .elc files should go... $(prefix)/lib/xemacs/site-packages/lisp/vm
checking where pixmaps should go... $(prefix)/lib/vm
checking which options to pass on to (X)Emacs... -batch -no-autoloads -l $(srcdir)/vm-build.el
checking where the TeXinfo docs should go... ${datarootdir}/info

The pixmaps are not going to site-packages/etc and the info is not going to site-packages/info.

I don't know if this ever worked!