May 2006
The Alumni News -- May 2006
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Annual Meeting
The Annual Meeting of the St. Louis Association will be held Friday, June 16,
2006. The meeting will commence at 7:00, with a lunch and cards afterwards.
Agenda items include a complete financial report and the election of the Board
of Directors and Trustee. Expiring terms for the Board are: Mike Pendergrass,
Roger Tremblay, Rick Grenier, Larry Laverriere, Norman Brunelle, and Roland
Petrin. Expiring Trustee term is Marcel Roy. Please note that any member can run for the
Board of Directors.
Also, an amendment to Article XII of the By-laws will be presented for consideration.
We emphasize that the current Board of Directors are not proposing to disband the
Alumni Association, but rather are proposing an article that will better look out
for the future interests of the Alumni, should it ever be necessary to disband.
Below is the language found in the current bylaws, followed by the proposed
change.
Current Section I
In the case of dissolution of the Association, all property, funds or goods shall be held
in trust by the Board of Directors in power at the time of dissolution, and such property,
funds and goods shall be dissolved as follows:
a. The funds to be used to pay all debts of the Association.
b. The remaining funds, property or goods, if any, to be left to a nonprofit
association with similar goals to our association, to be decided by the
Board of Directors at two (2) consecutive meetings held seven (7) days
apart.
c. This Association may be dissolved only at a Special Meeting. The Secretary
shall notify the membership in writing of the time and place. A plurality vote
will be needed by the members at the Special Meeting for dissolvement.
Proposed New Section I
I. This Association may be dissolved at a "Special Meeting".
The Secretary shall notify all members of record in writing of the date,
time and place of the meeting. A plurality vote shall be required of the
members present at the "Special Meeting" for dissolvement.
II. In the case of dissolution of the Association, all assets of the Association
(real estate, goods, and funds) shall be held in trust by the current duly
elected Board of Directors at the time of dissolution, and such assets
dissolved in the following manner:
1.The assets contained in the St. Louis Alumni Association and Brother
Richard Hebert Memorial Scholarship accounts shall remain in those
accounts.
2. All other assets (real estate and goods) shall be liquidated at fair market
value. These funds shall be used to pay all legitimate outstanding debts
of the Association.
3. All remaining funds shall be allocated in the following manner:
A. One half of the remaining funds shall be divided equally between
the St. Louis Alumni Association Scholarship Fund and Brother
Richard Hebert Memorial Scholarship Fund and deposited into
the respective accounts.
B. One half of the remaining funds shall be divided equally and
deposited into two trust accounts, one account for St. James
Catholic School and one for Notre Dame Catholic School.
The interest derived shall be used at the discretion of the
respective school's administration.
i. Should either school cease to operate or be consolidated,
that school's trust account will be combined with the
surviving school.
ii. Should both schools cease to operate, the funds within
the trust account(s) will be divided equally between the
scholarship accounts as cited in Section II, 1
III. The Board of Directors at the time of dissolution shall establish a three (3)
person committee to oversee:
1. The awarding of all annual scholarships
2. The invested scholarship accounts.
IV. All archival records of St. Louis High School and the St. Louis Alumni
Association will be donated to a museum or a library. However, all
financial records which shall remain with the Committee.
(See Paragraph III)
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13th Annual Golf Tournament
The 13th Annual Golf Tournament is not far off. Saturday, June 17th at the Dutch
Elm Golf Course, Arundel , Maine. Each year 180 players gather to play golf and
have fun for a good cause. The cause, of course, is the St. Louis Alumni Association
and the Brother Richard Hebert Memorial Scholarship Funds, which provide annual
scholarships for graduating seniors from local area high schools. The cost of the
Tournament is $30.00 for Dutch Elm members, and $60.00 for nonmembers.
Applications must be received by June 3.
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Upcoming Events
The Annual Meeting- Friday June 16 - 7:00
Golf Tournament - Saturday, June 17
Beano – Monday nights at 6:30. We need volunteers. Contact Ray Vachon.
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WWW Location & Email Address
St. Louis Alumni Web site: stlouisalumni.org
Alumni Hall Email Address: stlouisalum@gwi.net
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IN MEMORIUM