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Articles of Incorporation
of the
Junction City Teddy Bears, Inc.
Article I. Name
The name of this organization shall
be the Junction City Teddy Bears, Inc. (doing business as the Junction
City Teddy Bears, JC Teddy Bears or JCTBears).
Article II. Purpose
The JCTBears is organized as a
social club under the meaning of § 501(c)(7) of the Internal Revenue Code
to bring together for social, recreational, educational and entertainment
purposes those individuals with a common interests of Bears, Cubs and
their admirers. We are bonded by friendship from the heart and mind in our
efforts to generate camaraderie among ourselves, with fellow Bear Clubs
and with the rest of the Gay Community. The JCTBears also are dedicated to
holding and sponsoring events to benefit and bring recognition to the Bear
Community and the Gay Community as a whole, and to raise funds in support
of such not for profit organizations as approved by the membership.
No substantial part of the
activities of the organization shall be the carrying on of propaganda, or
otherwise attempting to influence legislation, and the organization shall
not participate in, or intervene in any political campaign on behalf of
any candidate for public office. Furthermore, the organization shall not
carry on any other activities not permitted to be carried on by an
organization exempt from federal income tax under § 501(c)(7) of the
Internal Revenue Code.
Article III. Disbursement
Limitations
No part of the net earnings of the
organization shall inure to the benefit of, or be distributed to its
members, officers or other private persons, except that the organization
shall be authorized to pay reasonable compensation for services rendered
in furtherance of the purposes as stated.
The organization is empowered to
make payments and distributions only in furtherance of the purposes as set
forth in Article II.
Article IV. Founding Directors
The initial Board of Directors,
selected to serve until the first annual election of officers and
directors, or until successors are elected or selected in accordance with
the By-Laws of the organization, were:
James Dellinger, 3637 SE Hwy 40, Lot
I-3, Topeka, KS 66607, President
Larry Powell, 129 E. 13th, Junction City, KS 66441, Vice-President
Rodney Applegate, 2524 Commonwealth Dr., Junction City, KS 66441,
Secretary/Treasurer
Colin Glessner, 729 Glessner Lane, Junction City, KS 66441, Director
Thomas Kinyon, 1217 SE 21st St., Topeka, KS 66607, Director
Article V. Liability Limitations
The personal liability of the
corporation directors to the corporation, and to its members, for monetary
damages based upon breach of fiduciary duty as a director shall be limited
or eliminated to the fullest extent allowed by law.
Article VI. Dissolution
Upon the dissolution of the
organization, assets shall be distributed only to such not for profit
organization(s) as approved by the membership or, lacking any membership
direction, to the federal government, or a state or local government, for
a public purpose. Any such assets not disposed of shall be disposed of by
the Court of Common Pleas of the county in which the principal office of
the organization is then located, exclusively for such charitable purposes
or to such charitable organization(s), as said Court shall determine.
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