Bylaw Amendments: Proposed September 2009
BYLAWSOF THEHAMILTON PARK NEIGHBORHOOD ASSOCIATION, INC.(A New Jersey Nonprofit Corporation)ARTICLE 1 - NAME AND ORGANIZATIONAL DATESection 1.1The name of this corporation is the Hamilton Park Neighborhood Association, Inc (hereinafter the“Corporation”).Section 1.2The Corporation was incorporated under the New Jersey Nonprofit Corporation Act, June of 1987. TheCorporation is the successor of the Hamilton Park Neighborhood Association (the “Association”) anunincorporated membership association formed in January 20, 1975, and succeeded to all its assets andliabilities in June of 1987.ARTICLE II – POWERS AND PURPOSESection 2.1The powers of the Corporation shall be limited to all those allowed to nonprofit Corporations under the NewJersey Nonprofit Corporation Act (the “Act”): including, but not limited to, the following, to wit:a.
To have perpetual duration;b.
To act in its corporate name;c.
To have a corporate seal;d.
To own personal or real property deemed by its Board of Trustees to be necessary or desirable forobtaining the objectives of the Corporation;e.
To dispose of its property, in accordance withStateand Federal law;
f.
To make contracts and incur liabilities;g.
To invest and reinvest its assetsh.
To make and laterrevisethese By-Laws, in accordance with Article X
I
herein, its certificate of incorporation, and the Act;i.
To levy dues on its members; j.
To participate with other persons or other entities in furtherance of its goals;k.
To have and exercise all other powers necessary or convenient to affect any of the purposes for whichthe Corporation is organized.Section 2.2The purpose of the Corporation shall be identical with the purpose of the association, to wit:a.
To promote a cleaner and safer neighborhood;b.
To unite residents in common causes;c.
To cooperate with the city government and other neighborhood associations in promoting neighborhoodrevivald.
To assist in upgrading Hamilton Park and its immediate environs;e.
To facilitate communications of important neighborhood news;f.
To be used as a sounding board for opinions of residents of the area;
Add a Comment