US Laws, Codes, Statutes & Cases

 
  § 1404. Christian associations.
    (a)  Certificate of incorporation; additional contents.
    In  addition  to  the  requirements of section 402, the certificate of
  incorporation of a Young Men's or a Young Women's Christian  Association
  shall  state  the  qualifications of active membership; and may name, in
  addition to the directors, six trustees and shall divide  such  trustees
  into  three  classes  to  hold  office  for  one,  two  and  three years
  respectively, or until their successors are  elected  by  the  board  of
  directors.
    (b)  Type of corporation.
    A christian association is a Type B corporation under this chapter.
    (c)  Directors and trustees.
    (1)    The  trustees  of a corporation organized for the purposes of a
  young  men's  christian  association  or  a  young   women's   christian
  association,  with  the president of the corporation shall be a board of
  trustees thereof,  and  hold  and  control  the  real  property  of  the
  corporation  and  all  gifts  and bequests of money to be held in trust.
  They or the directors if there is no board of  trustees  shall  pay  the
  income  of  such property to the treasurer of the corporation so long as
  the income shall be expended by the directors thereof for  the  purposes
  for  which  the  corporation  was  formed.    Such  association  may, by
  amendment to its certificate of incorporation, in the manner provided by
  law, eliminate its board of trustees, in which case the  real  property,
  gifts,  bequests and other grants held in trust by such trustee shall be
  transferred to its board of directors which shall hold and  control  the
  real  property of the corporation and all gifts and bequests of money to
  be held in trust.
    (2)  The real property of such corporation shall not be liable for any
  debt or obligation contracted without  the  approval  of  the  board  of
  trustees.
    (3)   In all proceedings for the purchase, sale, mortgage and lease of
  real property, the board of trustees of such a corporation shall perform
  the functions of the board of directors.
    (4)  The board of directors shall have the management and  control  of
  the  property  and affairs of the corporation, except as such management
  and control is vested by law in the board of trustees.
    (5)   A  young  men's  christian  association  incorporated  prior  to
  eighteen  hundred  and  eighty-seven  may  create  a  board  of trustees
  possessing the qualifications and divided into classes, and  such  board
  shall have the powers set forth in this paragraph.
    (6)    A  young  men's  christian  association  incorporated  prior to
  nineteen hundred and eight may divide its trustees into classes.
    (d)   Dissolution.   Whenever any young  men's  christian  association
  subject  to  this section shall cease to carry out the objects set forth
  in its certificate of incorporation, according to the general rules  and
  regulations   of   the      national  board  of  young  men's  christian
  associations, or shall abandon or discontinue for one year  the  use  of
  any of its property for such objects, then upon the verified petition of
  a  majority  of  the  directors  of such association upon fourteen days'
  notice to the  national board by service thereof upon its  chairman  and
  secretary  or in the event of the failure of such directors to act, upon
  the verified petition of the national board  of  young  men's  christian
  associations,  upon fourteen days' notice to such association by service
  thereof upon its president or any director thereof, and upon one of  the
  trustees  thereof,  and upon notice to the attorney general, the supreme
  court, upon satisfactory proof by affidavit or otherwise of such failure
  or abandonment, must make a final  order  dissolving  such  corporation.
  Upon  the  entry  of such order, the corporation shall be dissolved, and
  thereupon the  national board of young men's christian associations  may
  take possession of the property of the corporation and manage the  same,
  or  if authorized by the concurring vote of two-thirds of the members of
  the  national  board  may  sell or lease the same and apply the proceeds
  thereof after the payment of the  debts,  if  any,  of  the  corporation
  solely  to  such  purposes  as  those  for  which  the  corporation  was
  organized.
    (e)  Incorporation of county committees.
    (1)  Five or more men resident in any county of this state,  appointed
  by  the  national board of Young Men's Christian Associations, to act as
  the county committee of Young  Men's  Christian  Associations  for  such
  county,  may  form  a  corporation  under the provisions of this chapter
  under the name of "The County Committee of  the  Young  Men's  Christian
  Association  of  .....................  County,"  (the blank space being
  filled by the name of the county in which the incorporators reside.)
    (2)  The management and control of the property and  affairs  of  such
  corporation  shall  be  vested  in  its  members and their successors in
  office, except that the powers and duties of the trustees thereof  shall
  be  those specified in paragraph (a); and the successors of such members
  shall be elected annually at a meeting  of  the  Young  Men's  Christian
  Associations  of the county for which such committee has been appointed,
  at which meeting each association may be represented by one delegate for
  each ten active members of such association.   A plurality vote  of  the
  delegates  present,  and  voting at such meeting, shall be sufficient to
  elect.  If any vacancy in the membership of such corporation shall occur
  during the interim between the regular elections, it may  be  filled  by
  the remaining members.
    (3)    The  officers  of  the corporation shall consist of a chairman,
  treasurer and secretary, and such other  officers  as  the  members  may
  decide;  and  shall  be  elected annually by such members from their own
  number.