Article II. Constitution. The provisions of this
Constitution shall control and govern all matters affecting the organization,
other documents or instruments notwithstanding.
Article III. Purpose. The purpose of the organization
shall be to further the interests, welfare and educational aims of Princeton
University, for so long as the organization is in existence and Princeton
University remains organized exclusively for charitable, educational or
scientific purposes under Sections 501(c)(3) and 170(b)(1)(a) of the Internal
Revenue Code of 1986 (or the corresponding provision of any future United
States Internal Revenue Law).
Article IV. Powers. Subject to the provisions of
this Constitution, the organization shall have full power and authority to
perform any lawful acts and to exercise any rights not otherwise limited by
law. Without limiting the generality of the
foregoing, the organization shall have all rights and powers of any
unincorporated association under the laws of the State of New Jersey.
Article V. Financial Limit. No part of the net
earnings of the organization shall inure to the benefit of, or be distributable
to, any member, trustee, officer, director or any other private person. All of the assets and net earnings of the
organization shall be used to further the organization’s purpose.
Article VI. Political Activity. No substantial part
of the activities of this organization shall be the carrying on of propaganda,
or otherwise attempting to influence legislation, and this organization shall
not participate in, or intervene in (including the publishing and distribution
of statements) any political campaign on behalf of any candidate for public
office.
Article VII. General Limits. This organization shall
not, except to an insubstantial degree, carry on any other activities not
permitted to be carried on (a) by an organization exempt from Federal income
tax under Section 501(c)(3) of the Internal Revenue Code of 1986 (or the
corresponding provision of any future United States Internal Revenue Law) or
(b) by an organization contributions to which are deductible under Section
170(c)(2) of the Internal Revenue Code of 1986 (or the corresponding provision
of any future United States Internal Revenue Law).
Article VIII. Membership. The following shall be
members of this organization:
1. Regular Members. All persons who shall at any time
have been correctly listed by Princeton University in the Class of 1958.
Article IX. Governing Body. Full management and
control of the affairs of this shall be in accord with the By-laws of the Class
of 1958.
Article X. Existence. Unless sooner terminated as
provided in the By-laws, the existence of this organization shall terminate
when fewer than ten regular members of this organization are living.
Article XI. Dissolution. Upon the dissolution of
this organization, after paying or making provisions for all its obligations
and liabilities, all of the assets of this organization shall be distributed to
Princeton University, so long as it is organized and operated exclusively for
charitable, educational, religious, or scientific purposes as shall at the time
qualify as an exempt organization under Section 501(c)(3) of the Internal
Revenue Code of 1986 (or the corresponding provision of any future United
States Internal Revenue Law). Any such
assets not so disposed of shall be distributed, by the order of any New Jersey
Court with jurisdiction, exclusively for such purposes, or to such organization
or organizations which are organized and operated exclusively for such
purposes.
Article XII. Bylaws. The Executive Committee may
enact, and may from time to time amend, Bylaws not inconsistent with the
provisions of this Constitution.
Article XIII. Adoption and Amendment. This
Constitution may be adopted, and thereafter amended, by the vote of a majority
of the members of the Executive Committee.
Article XIV. Situs. The organization shall have its
situs at Princeton University, Princeton, Mercer County, New Jersey.
Bylaws--adopted May 14, 2014
Section 1. Organization. The Princeton University Class of 1958 is
organized pursuant to the Constitution which was adopted and effective on May 14, 2014, as it may be duly amended.
Section 2. Meetings. A regular meeting of the Class shall be held
annually, during Reunion Week, unless the Executive Committee concludes it is unnecessary. The President may call a special meeting of
the Class on two weeks’ notice. In order
to conduct business at a meeting, a quorum shall consist of four members of the
Executive Committee. Any action may be
taken in the absence of a quorum if approved by a majority of the Executive
Committee at the next meeting where a quorum is present. Proxies are permitted if transmitted prior to
the meeting to the President or whoever will chair the meeting. Any action required to be taken by law, the
Constitution of the Class, or these Bylaws, or any action otherwise permitted
to be taken at a meeting, may be taken by the Officers without a meeting if
written consent is obtained from a majority of the Executive Committee within
sixty days following such action.
Section
3. Elected Officers. The Officers of the Class shall be a
President, up to three Vice-Presidents, a Secretary and a Treasurer. They shall be elected by a plurality of those
members of the Class voting in an election held at a regular meeting during
Reunion Week at a major reunion (in calendar years ending in eight and three). The elected Officers shall hold office
commencing Sunday of Reunion Week of the year of election for a term of five
years or until successors are appointed or elected. (The first term began in 1958).
Section
4. Duties of the Officers. The President is the elected leader of the
Class and may represent the Class in all activities and on all committees of
Princeton University. The President
shall preside at all Class meetings and all meetings of the Executive
Committee. The President shall have
plenary authority in Class matters and shall undertake such other duties as may
from time to time be specified by the Executive Committee or which he may
undertake pursuant to his plenary authority.
The President may delegate additional duties to the Officers and
committees of the Class he deems appropriate.
One of the Vice-Presidents, the Secretary or the Treasurer, as appointed
by the Executive Committee, shall have the responsibility of acting in the
place of the President in his absence or incapacity or resignation. The Vice-President or Vice-Presidents shall
also perform the duties assigned them pursuant to Section 6 of these bylaws. The Secretary shall keep and supervise all
records and minutes of the Class, including the supervision of records kept by
other persons given duties to do so. The
Secretary will provide regular Class Notes for the Princeton Alumni Weekly
and send out such communications as may be appropriate. The Treasurer shall be responsible for all
Class assets and for collecting Class dues and other Class funds. The Treasurer is authorized to sign all
checks, maintain the Class bank account and pay all Class bills. The Treasurer may open such bank accounts and
maintain such investment accounts as may be approved by any other two
Officers. The Treasurer shall supply
financial reports to the Executive Committee, the Class and to Princeton
University as may be appropriate.
Section
5. Executive Committee. An Executive Committee shall provide general
supervision of Class business. The
committee shall consist of the Officers and three other members of the Class appointed
by the Officers. In general, the Executive Committee shall have full authority
to represent the Class on appropriate occasions and to perform all duties and
responsibilities consistent with such position whether or not specifically
stated in these Bylaws.
Section
6. Other Committees and Functions. The President, with the advice and consent of
the Executive Committee, shall appoint the Vice-Presidents and other Class
members to serve on committees for Reunions, Annual Giving, Mini-Reunions,
Class Special Events and such other functions as he and the Executive Committee
deem appropriate. If and when such
appointments are made, the Executive Committee shall specify the duties and
responsibilities of those appointed.
Section
7. Elections. In order to prepare for the election of the
Officers, the Executive Committee shall determine the membership and numbers of
a nominating committee. The nominating
committee shall solicit candidates for class office from the Class. The nominating committee shall propose a
slate of officers from those candidates or other members of the class, and the
slate shall be reported to the Class at least two months before the end of the
terms of the current Officers. Within
thirty days, additional nominations may be made by submitting the signatures of
at least ten members of the Class with the consent of the proposed nominee. Any such additional nominations shall be
reported to the Class within ten days.
An appropriate ballot shall be submitted to the Class one month before
the election.
Section
8. Replacing Officers. If any Officer becomes unable to continue to
hold office for the balance of his term, the Executive Committee shall appoint
a successor to serve for the balance of that Officer’s term.
Section
9. Fiscal Year. The fiscal year of the Class shall be July 1
through June 30.
Section
10 Amendments. The Executive Committee may amend or alter
any of these Bylaws at any meeting, provided that the substance of the proposed
amendment shall have been stated in the notice of the meeting.
Section 11 Honorary
Classmates. Any member of the Class
may propose an individual for consideration as an Honorary Member of the Class. The Executive Committee shall consider the
proposal at its next meeting or at a special meeting called by the
President. If the person is approved by
a unanimous vote of a quorum of the Executive Committee, the proposal shall be
submitted to the Class, and if approved by the Class, the person shall be made
an Honorary Member of the Class with all rights, privileges and
responsibilities.