CONSTITUTION OF
THE SOCIETY FOR CZECHOSLOVAK PHILATELY, INC.
5 October 2017
Article I – NAME and INCORPORATION
The name of this organization shall be the SOCIETY FOR CZECHOSLOVAK PHILATELY, INC.
The Society is incorporated as a non-profit organization under the provisions of The General Not For Profit Corporation Act of 1986″ of the State of Illinois.
Article II – PURPOSE
The corporation is organized exclusively for educational, scientific, charitable, and religious purposes under section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code. The purpose of the Society is to educate collectors and promote interest, research, specialization, and exhibiting the stamps and postal history of Czechoslovakia, Bohemia-Moravia, Slovakia, Carpatho-Ukraine, Eastern Silesia, and the stamps and postal history of Austria, Hungary, Germany, Poland, and Russia, bearing postmarks of towns which at any time were a part of the Czechoslovakian postal system, also the military postal history of Czechoslovakia.
Article III – PROSCRIBED ACTIVITIES
The corporation is expressly proscribed from engaging in activities (other than as an insubstantial part of its activities) that in themselves are not in furtherance of one or more of the exempt purposes above (Article II).
Article IV – EARNINGS / INFLUENCING LEGISLATION
No part of the net earnings of the corporation shall inure to the benefit of, or be distributed to its members, trustees, officers, or other private persons, except that the corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposed described in section 501(c)(3). No substantial part of the activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office. Notwithstanding any other provisions of these articles, the corporation shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from federal income tax under section 501(c)(3) of the Internal Reference Code, or the corresponding section of any future federal tax code, or (b) by a corporation, contributions to which are deductible under section 170(c)(2) of the Internal Revenue Code, or the corresponding section of any future federal tax code.
Article V – MEMBERSHIP
Any person interested in Czechoslovak philately who is known to possess good character shall be eligible for membership in the Society.
Article VI – BOARD OF DIRECTORS
The Society shall be governed by a Board of Directors who will determine its general and long range policies.
Article VII – OFFICERS
The board of directors shall elect a President, Vice-president, Secretary and Treasurer. These officers must be elected from the board of directors.
The President shall be the presiding official of the board of directors and implement the policies set forth by the Board.
The Vice-president shall assume the duties of the President in the event of death, resignation, or any incapacity of the President. Incapacity shall be determined by the board of directors.
The Secretary shall be in charge of all Society records and correspondence.
The Treasurer shall administer the financial affairs of the Society.
Article VIII – BYLAWS
Bylaws shall be established to provide implementation of the governing of the Society.
Article IX – AMENDMENTS
The articles may be amended by a simple majority vote of the Board of Directors.
ARTICLE X – TERMINATION
The Society may be dissolved only by the unanimous vote of the entire Board of Directors. The Board will satisfy all debts and liabilities out of the corporate assets. The Board shall dispose of all remaining assets of the corporation exclusively for the purposes of the corporation in such manner, or to such organization or organizations organized and operated exclusively for educational, scientific, charitable, or religious purposes as shall at the time qualify as an exempt organization or organizations under section 501(c)(3) of the Internal Revenue Code (or the corresponding provision of any future United States Internal Revenue Law), as the Board of Directors shall determine.