By-Laws

OLD ANACORTES ROWING AND SAILING SOCIETY BY-LAWS

Approved November 11, 1983
Revised: March 22, 2002

ARTICLE I: Name

The name of the organization shall be "The Old Anacortes Rowing and Sailing Society" or "OARS".

ARTICLE II: Purposes

The purpose of OARS shall be to encourage the construction, preservation and use of hand-launched, non-powered, rowing and sailing craft and related facilities, and to serve as a conduit for the exchange of professional information.

ARTICLE III: Membership

Membership shall be open to anyone who is in sympathy with OARS’ purposes
and who pays annual dues of a minimum of ten dollars.

The membership year runs from January 1, through December 31. Dues will be due each January 1.

ARTICLE IV: Meetings

Weekly breakfast meetings for conducting routine business shall be held at an
announced day and location.

All members are entitled to vote on all matters considered.

Seven members, including three officers, shall constitute a quorum.

An Annual Meeting of the membership shall be held during the last quarter of the year for the election of officers and for voting on any proposed changes to the By-Laws.

Members shall be informed in writing of the agenda and time and place of the Annual Meeting at least two weeks before the date of the meeting.

ARTICLE V: Officers

The officers shall be: President, Vice-President, Secretary, and Treasurer.

The officers, acting together, shall constitute the Board of Directors. Their duties shall be as follows:

The President shall preside at all meetings; call special meetings as necessary; appoint all committees except the Nominating Committee; and attend to such other business matters as shall be necessary.

The Vice-President shall perform the duties of the President in his absence and shall be in charge of Public Relations and Special Projects.

The Secretary shall record the minutes of each meeting and shall read the same as required, shall attend to all correspondence relating to OARS.

The Treasurer shall keep full and accurate accounts of receipts and disbursements in books kept for that purpose, shall receive and deposit all OARS’S monies in such depositories as shall be designated by the Board of Directors, and shall disburse OARS’ funds up to a limit of fifty dollars, taking proper paperwork for such disbursements. Any single disbursement of more than fifty dollars must be approved by a vote of the membership. The Treasurer shall render to the President and to the Trustees when required, and at each meeting, give an account of all transactions and of the financial condition of the Society. The Treasurer shall send out membership renewal notices before the first day of each year.

The terms of the above officers shall be for one year, from the date of their election to the date of the next elections.

If the office of President, Vice-President, Secretary or Treasurer becomes vacant for any reason, the Board of Trustees shall elect a successor who shall hold office for the un-expired term.

ARTICLE VI: Trustees

The Board of Trustees shall consist of three members. One of the Trustees will automatically be the immediate past president, with the remaining two positions to be voted on by the general membership on a one-year basis.

The Trustee that is the past president shall be chairman.

The Board of Trustees shall have custody of all real property, buildings, and vessels belonging to OARS and the legal documents. They shall be responsible for maintaining adequate insurance coverage on all property, and shall be responsible for the maintenance and operation of all property.

The Trustees may commit the expenditure of OARS’ funds up to a limit of fifty dollars per item without further authorization, and may audit the Treasurer’s books once a year and report thereon to the membership at the annual meeting.

ARTICLE VII: Financial Interests of Members

No member of OARS shall have any financial interest in OARS’ income of assets except that OARS shall be empowered to pay reasonable compensation for services rendered and to make payments in furtherance of the purposes set forth in Article II.

ARTICLE VIII: Amendments to BY-LAWS

These By-Laws may be amended at any meeting of the general membership by a two-thirds vote of those voting, provided that written notice of the proposed amendment has been sent to each member at least two weeks before the date of the meeting.