ARTICLE I
NAME AND LOCATION
The name of the corporation shall be: The Farrar Family Reunion, Incorporated, here in after referred to as the Reunion. The corporation shall maintain a registered corporation in the state of Arkansas.
ARTICLE II
PURPOSE
The purpose of the corporation is to foster family ties by holding a week long reunion each year beginning on Fathers Day, to develop and maintain the ten acre camp site, and to continue the study of our genealogy.
The corporation shall have such powers as are now or may hereafter be granted by the General Not for Profit Corporations Act of the State of Arkansas.
ARTICLE III
MEMBERS AND DUES
Section 1: The original members are the ten children of Joseph Vernon Farrar and Viole Lillian Schwend; Joseph Vernon Jr., William Harold, Robert Lewis, Richard Allen, Geraldine Ann Weaver, Jean Elizabeth Hite, Thomas Asher, Barbara Lee Williams, Marleen Joyce Bayes and Carol Sue Roger, here in after referred to as the First Generation. Membership is open to all their dependents and relatives.
Section 2: Associate Membership: An Associate Member is any person not directly descended or related to the Farrar Family, but has an active interest in our activities or genealogy. This is a non voting membership class.
Section 3: Dues are set for the First Generation at $100 per year. All others are encouraged to give what they can afford.
Section 4: Each member is entitled to one vote on each matter submitted to a vote of the membership.
Section 5: An annual meeting will be held during the reunion each year, where all business will be discussed and voted on.
Section 6: A vote will be passed with a majority of members present.
ARTICLE IV
OFFICERS
Section 1: Officers of the Reunion shall be President, Vice President, Secretary, Treasurer, and such other officers as the membership may elect from time to time to carry out the affairs of the corporation. Their duties and powers shall include but not be limited to the following:
A. President:
1. Be the principal executive officer of the Reunion.
2. Preside at all meetings.
3. Appoint committees and chairpersons, as needed, with the consent of the membership.
4. Be a signature on the checking account.
B. Vice President:
1. Assume such duties as may be assigned by the President.
2. In the absence of the President, preside at meetings.
C. Secretary:
1. Record the proceedings of all meetings of the membership.
2. Read the minutes at each meeting.
3. Maintain a permanent record of all previous minutes.
D. Treasurer:
Section 2: A term of office shall be for four years, with one office being filled each year.
ARTICLE V
COMMITTEES
Section 1: There shall be Standing Committees to deal with the following:
A. History and Records
Section 2: Special Committees or AD Hoc committees may be created by the President, with the approval of the membership, as the need arises.
ARTICLE VI
AMENDMENTS
These By-Laws may be altered, amended or repealed and new By-Laws may be adopted by a majority vote of members present at any meeting provided at least seventy-two hours written notice of intention to alter, amend or repeal or to adopt new By-Laws at such meeting shall be given.
ARTICLE VII
DISSOLUTION
Upon the dissolution of the corporation, the members shall, after paying or making provisions for the payment of all of the liabilities of the corporation, dispose of all of the assets of the corporation in such manner, or to such organizations or organizations organized and operated exclusively for charitable, educational, religious, or scientific purposes as shall at the time qualify as an exempt organization or organizations under Section 501 @ (3) of the Internal Revenue Code of 1955 (or the corresponding provisions of any future United States Internal Revenue Law) as the members shall determine.
1. Be custodian of all funds.
2. Make a Financial Report at each meeting.
3. Maintain the checking account and pay out funds of the corporation as approved by the membership.
B. Newsletter and Genealogy
C. Grounds and Maintenance
D. Future Development Projects
E. Second Generation
Section 3: The Executive Committee will consist of the four Officers and the Chairmen of the Standing Committees. The Executive Committee, in an emergency, shall have the power to make decisions between meetings of the regular membership, except the power to amend these By-Laws, or to dissolve the Reunion. Actions taken by the Executive Committee shall require not less than five votes.
The land will revert back to Robert Lewis Farrar or his heirs, if they want it. Any monies may be returned to the members who paid their dues in the most recent year or years. Any of such assets not so disposed of shall be disposed of by the Circuit Court of the county in which the reunion is located, exclusively for such purposes or to such organization or organizations as said court shall determine, which or organized and operated exclusively for such purposes.