May 2006

The Alumni News -- May 2006

----------------------------------------------------------

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)

----------------------------------------------

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.

----------------------------------------------

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.

----------------------------------------------

WWW Location & Email Address

St. Louis Alumni Web site: stlouisalumni.org

Alumni Hall Email Address: stlouisalum@gwi.net

---------------------------------------------------

IN MEMORIUM