BY-LAWS
of the
FT. THOMAS
CORVETTE CLUB, INC.
(Revison #112002-Revised November 15, 2002)
ARTICLE I
Section 1 Name
The name of the Club shall be the Ft. Thomas Corvette Club. Inc.
Section 2 Purpose
The general purposes of the Club shall be to encourage planned trips, events and social activities for members of the Corvette Owners Club, to provide and regulate events and exhibitions for Corvette owners, and to encourage careful and skillful driving on public highways.
ARTICLE II
Section 1 Members
Membership in the Club shall be restricted to owners of Corvette cars and to persons actively seeking purchase of a Corvette.
Section 2 Classes of Membership
a. Active-Any person having paid such annual dues and fees as required.
b. Honorary-Any person who has commended himself to Club esteem or who may be elected by the majority vote of the members present at the annual meeting.
c. Charter-All active members who pay their first year dues on or before December 31, 1995.
Section 3 Dues
a. Honorary - None
b. Annual dues shall be:
1. Charter Members- $30.00
2. Active Members – $30.00
c. Payment of Dues - The annual dues of active members shall be payable thirty days after billing by the Treasurer of the club.
Section 4 Privileges
Active members are entitled to all Club privileges.
Honorary members are entitled to all Club privileges, except that they shall not have the right to vote or hold office.
Section 5 Expulsion
Membership will automatically lapse for non-payment of dues at the end of sixty (60) days after being billed for the current year. Any member may be expelled for infraction of the Club rules, or such other causes as may be determined by the majority of the officers as being in the best interests of the Club. However, before such action is taken, the member shall have an opportunity to submit in writing or in person his position on any charge of which he shall be notified.
Section 6 Resignation.
Any member may resign by directing a letter of resignation to the Secretary. His resignation shall be effective on receipt, provided all indebtedness to the Club are paid.
ARTICLE III
Section 1 Annual Meeting
The annual Meeting of the members shall beheld the second Tuesday in September of each year for election of officers, reports of officers and committees and such other business as lawfully may come before the meeting.
Section 2 Monthly Meetings.
Regular monthly meeting shall be held on the second Tuesday of each month.
Section 3 Special Meetings
In addition to any provisions of the Law, special meetings of the members may be called by the President or by a majority of the officers.
Section 4 Notice of Meetings
Notice of Meetings. stating the place, day, hour and purpose of any meeting of the members, including special meetings, shall be given by the Secretary and sent not less than seven days before such meetings to each member.
Section 5 At all slated meetings of the members, twenty-five (25) percent of the active members shall constitute a quorum.
Section 6 All action except election of officers and amendment of the by-laws shall be by majority of those present voting. Except as hereafter provided, voting by proxy or absentee ballot shall not be allowed except with the approval of the majority of the Board of Directors in accordance with the rules they prescribe and with notice to all members.
ARTICLE IV
Section 1 Board of Directors
The membership at large shall elect four (4) active members to serve as a Board of Directors; they shall serve for one (1) year.
Section 2 Officers
The membership shall elect from its body a President. Vice President. Secretary and Treasurer
Section 3
Nominations for officers shall be held at the annual August meeting.
Section 4
Election of officers shall be held at the regular September meeting with newly elected officers assuming their duties in September.
ARTICLE V
Section 1 Duties of the President
The President shall preside at all meetings of the members and Board of Directors and shall perform the duties
pertaining to his office. He may call special meetings of the members under the provisions of Article III. He shall be the Chief Executive of the Club.
Section 2 Duties of the Vice President
In the absence of the President or in the case of his death. resignation or inability to act, the duties usually appertaining to that office shall be performed by the Vice-President. He shall also serve as Chairman of the Activities Committee and shall appoint two other members to his committee.
Section 3 Duties of the Secretary
The Secretary shall attend all meetings of the members and Directors and shall record all minutes and votes in a book kept for this purpose. He shall keep an up-to-date roll of all Club Members. He shall give all notices of meetings of the members required by law or these by-laws and shall perform all duties incident to this office, required by law or by the majority vote of the Board of Directors. He shall have the custody of the Club’s records. In the absence of the Secretary from any of the said meetings, a Secretary pro tempore shall be chosen by the presiding officer.
Section 4 Duties of the Treasurer
The Treasurer shall, subject to such conditions and restrictions as may be made by the Board of Directors, have custody of all monies, debts, and obligations belonging to the Club. He shall make all payments of Club debts upon approval of the Board of Directors. All contracts, checks, drafts. notes or other orders for payment of money shall be signed in the name of the Club by the Treasurer and counter-signed by the President or Vice-President. The Treasurer shall give a report on the financial status of the Club at the Annual Meeting and monthly meetings, and if so requested, at any other meeting of the Board of Directors. No obligation, debt or other liability shall be incurred by the Treasurer without the specific approval of the Board of Directors.
ARTICLE VI
Section 1 Appointment of Committees
The President shall appoint such committees as he finds desirable from time to time and shall outline the duties and responsibilities of such committees. All reports or action taken by a committee must be voted by a majority of the entire committee. In addition to the authority granted above, certain standing committees, as set forth, shall be appointed annually by the Vice- President.
Section 2 Activities
The activities of the Club shall consist of planned trips social gatherings, and events for Corvette owners as planned by the Activities Committee and other members appointed by them.
ARTICLE VII
Section 1 Fiscal Year
The fiscal year of the Club shall be from September 1 to August 31.
ARTICLE VIII
Section 1 Personal Liability
All persons or corporations extending credit to, contracting with, or having any claim against the Club or its Board of Directors, shall look only to the funds and property of the Club for payment of any such contract or claim or for payment of any debt, damage, judgment or decree, or any other money that may otherwise become due or payable to them from the corporation or the Board of Directors, so that neither the members of the Club, the Board of Directors, present or future, shall be liable personally there for.
ARTICLE IX
Section 1 Amendment to the By-Laws
The Board of Directors of the Club, or any ten active members in good standing, by written proposals submitted to the Secretary, may propose an amendment to the by-laws. Upon such proposal being made, a copy thereof shall be included in the notice of the next meeting of the members. If two-thirds of the members qualified to vote. vote in favor of the proposal at the meeting, the proposed amendment shall thereby be approved and adopted.