Chocorua Lake Association


HOME CONSERVATION NEWSLETTERS PEOPLE ABOUT US	BY-LAWS OF THE CHOCORUA LAKE ASSOCIATION I. Members - the membership of the Association shall be divided into voting members and associate members. Any person who owns land or a joint or common interest in land or a beneficial interest in a trust which owns land within the Chocorua Lake Basin, or such person's spouse, or any descendant of such person or the spouse of such descendant, or such person's designated successor as owner of such land, and who is 18 years of age or over, may become a voting member upon application to the Board of Directors and the payment of any dues and assessments currently in effect. Any person may become an associate member upon payment of any dues and assessments currently in effect. [Amended 8/22/98] Failure of any member to pay any dues or assessments shall result in loss of membership. Voting members shall have one vote each. Associate members shall have no vote, but may hold office. II. Directors the affairs of the corporation, except as to matters reserved to the voting members, shall be managed by a Board of Directors who shall be elected by the voting members at their annual meetings and shall consist of such number, not less than five, as the voting members shall decide. The terms of office of the directors shall be so arranged that the terms of one-third of the Board, as near as may be, shall expire at each annual meeting. Directors shall hold office until the close of the annual meeting at which their terms expire and until their successors are elected and qualified. Directors shall be associate or voting members of the corporation. The Board of Directors may fill any vacancy in the Board resulting from death, resignation, loss of membership or other cause until the next annual meeting. Five directors shall constitute a quorum for the transaction of business unless the number of the Board shall be less than five, in which case the entire Board shall constitute a quorum. The directors may create committees from time to time to perform such functions of the Board as the directors may determine. III. Officers - the officers of the corporation shall be the President, the Vice President, the Treasurer, the Clerk and such other offices as the Board of Directors may elect from time to time who shall perform such duties as the Board may designate. The President, the Vice President, the Treasurer and the Clerk shall perform the duties inherent in their offices and such other duties from time to time as the Board may designate. All officers shall be elected by and shall hold office at the pleasure of the Board of Directors. IV. Dues and Assessments - dues and assessments upon the members shall be initially determined by the Directors and thereafter shall be determined by the members at their meetings. V. Meetings - an annual meeting of the members shall be held in Tamworth, New Hampshire at such time between July 1st and Labor Day in each year as the Board of Directors shall determine. Special meetings of the members may be held at such other times as the Board may determine and may be held within or without Tamworth or the State of New Hampshire. Notice of all meetings of the members shall be given by mailing a written notice to each voting member of the Association at his last known address, such mailing to take place at least seven days before said meeting. The Directors may order such additional notice of the meeting as they deem desirable. In the event that the Directors shall not establish a date for the annual meeting before July 1st, the President or Clerk shall establish said date. Those voting members present and voting at each annual or special meeting shall constitute a quorum for the transaction of business, except as otherwise provided by law. Meetings of the Board of Directors and of any committees shall be held at such times and places as the Board or Committee may determine, provided that the President or Clerk may call meetings of the Board of Directors at any time. Notice of any meeting shall be given in such manner as the Board of Directors or the Committee may determine. VI. Property - the Board of Directors may purchase, lease or otherwise acquire such property as they determine will carry out the purposes of the corporation, including real property or any interest therein and may accept gifts, grants, legacies and contributions from any source including individuals, firms, trusts, corporations and governments and governmental agencies. The Board of Directors may sell, lease, conveyor otherwise dispose of property of the corporation upon such terms and conditions as they determine will best carry out the purposes of the corporation. Deeds, contracts and other documents and checks may be signed by such person or persons as the Board of Directors may designate from time to time. VII. Amendments - The Articles of Association may be amended by the majority vote of the corporation at any annual or special meeting duly called for that purpose. These By-Laws may be amended by majority vote of those present and voting at any annual or special meeting duly called for that purpose. Notice of intention to amend the Articles of Association or of these By-Laws shall be given in the notice of the meeting. The corporation shall notify the Internal Revenue Service of any amendments in accordance with applicable law and regulations. ******************************************************************************* Copied June 5, 1991, by John B. Wheeler, Secretary, CLA, from those in the files of the Chocorua Lake Association, 1968, and from a printed sheet stating "AMENDMENTS TO BY-LAWS PROPOSED AND VOTED AT ANNUAL MEETING OF MEMBERS AUGUST 16, 1969. Italics indicate amendments. '98 associate membership amended 8/22/98. By_Laws.898

BY-LAWS OF THE CHOCORUA LAKE ASSOCIATION

I. Members - the membership of the Association shall be divided into voting members and associate members.

Any person who owns land or a joint or common interest in land or a beneficial interest in a trust which owns land within the Chocorua Lake Basin, or such person's spouse, or any descendant of such person or the spouse of such descendant, or such person's designated successor as owner of such land, and who is 18 years of age or over, may become a voting member upon application to the Board of Directors and the payment of any dues and assessments currently in effect.

Any person may become an associate member upon payment of any dues and assessments currently in effect. [Amended 8/22/98] Failure of any member to pay any dues or assessments shall result in loss of membership. Voting members shall have one vote each. Associate members shall have no vote, but may hold office.

II. Directors the affairs of the corporation, except as to matters reserved to the voting members, shall be managed by a Board of Directors who shall be elected by the voting members at their annual meetings and shall consist of such number, not less than five, as the voting members shall decide. The terms of office of the directors shall be so arranged that the terms of one-third of the Board, as near as may be, shall expire at each annual meeting. Directors shall hold office until the close of the annual meeting at which their terms expire and until their successors are elected and qualified. Directors shall be associate or voting members of the corporation.

The Board of Directors may fill any vacancy in the Board resulting from death, resignation, loss of membership or other cause until the next annual meeting. Five directors shall constitute a quorum for the transaction of business unless the number of the Board shall be less than five, in which case the entire Board shall constitute a quorum.

The directors may create committees from time to time to perform such functions of the Board as the directors may determine.

III. Officers - the officers of the corporation shall be the President, the Vice President, the Treasurer, the Clerk and such other offices as the Board of Directors may elect from time to time who shall perform such duties as the Board may designate.

The President, the Vice President, the Treasurer and the Clerk shall perform the duties inherent in their offices and such other duties from time to time as the Board may designate.

All officers shall be elected by and shall hold office at the pleasure of the Board of Directors.

IV. Dues and Assessments - dues and assessments upon the members shall be initially determined by the Directors and thereafter shall be determined by the members at their meetings.

V. Meetings - an annual meeting of the members shall be held in Tamworth, New Hampshire at such time between July 1st and Labor Day in each year as the Board of Directors shall determine. Special meetings of the members may be held at such other times as the Board may determine and may be held within or without Tamworth or the State of New Hampshire.

Notice of all meetings of the members shall be given by mailing a written notice to each voting member of the Association at his last known address, such mailing to take place at least seven days before said meeting. The Directors may order such additional notice of the meeting as they deem desirable.

In the event that the Directors shall not establish a date for the annual meeting before July 1st, the President or Clerk shall establish said date.

Those voting members present and voting at each annual or special meeting shall constitute a quorum for the transaction of business, except as otherwise provided by law. Meetings of the Board of Directors and of any committees shall be held at such times and places as the Board or Committee may determine, provided that the President or Clerk may call meetings of the Board of Directors at any time. Notice of any meeting shall be given in such manner as the Board of Directors or the Committee may determine.

VI. Property - the Board of Directors may purchase, lease or otherwise acquire such property as they determine will carry out the purposes of the corporation, including real property or any interest therein and may accept gifts, grants, legacies and contributions from any source including individuals, firms, trusts, corporations and governments and governmental agencies.

The Board of Directors may sell, lease, conveyor otherwise dispose of property of the corporation upon such terms and conditions as they determine will best carry out the purposes of the corporation.

Deeds, contracts and other documents and checks may be signed by such person or persons as the Board of Directors may designate from time to time.

VII. Amendments - The Articles of Association may be amended by the majority vote of the corporation at any annual or special meeting duly called for that purpose. These By-Laws may be amended by majority vote of those present and voting at any annual or special meeting duly called for that purpose.

Notice of intention to amend the Articles of Association or of these By-Laws shall be given in the notice of the meeting. The corporation shall notify the Internal Revenue Service of any amendments in accordance with applicable law and regulations.

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Copied June 5, 1991, by John B. Wheeler, Secretary, CLA, from those in the files of the Chocorua Lake Association, 1968, and from a printed sheet stating "AMENDMENTS TO BY-LAWS PROPOSED AND VOTED AT ANNUAL MEETING OF MEMBERS AUGUST 16, 1969. Italics indicate amendments. '98 associate membership amended 8/22/98.

By_Laws.898