By-laws of Magnolia Cemetery Association, Inc., having been presented to the Board of Directors of said Corporation and duly adopted as follows:

The President shall preside at all regular and special meetings of members and directors. (S)he shall perform all duties that usually pertain to the office or that are delegated to him by the Board.

The Vice-President shall, in the absence or disability of the Presi­dent, perform the duties of the President.

The Treasurer shall have the custody of all the monies and securi­ties of the Corporation. (S)he shall keep regular books. All monies of the Corporation shall be deposited by him in such deposi­tory as shall be selected by the Directors. Checks must be signed by him and the President or Vice-President, in the absence of the President.

The Secretary shall keep minutes of all meetings of members and directors and shall keep and send out all correspondence con­cerning matters relating to the Corporation.

The Board of Directors shall consist of seven (7) directors, a majority of whom shall constitute a quorum. The Board shall annually elect their President, Vice-President, Treasurer and Secretary after the regular meeting of members in October. The directors shall be divided into 3 groups, each group to be as near equal in number as possible. The terms of group l will expire at the first annual members meeting after their election, group 2 will expire at the­ second annual members meeting, and group 3 will expire at the third annual members meeting after their election. At each annual members meeting after such term grouping, the number of directors for said group whose term expires shall be elected to hold office until the third succeeding annual meeting. The directors shall serve without pay, but may be reimbursed for actual expenses by a majority vote of directors. Upon the death or resignation of a director, a successor shall be elected in a timely manner by a majority of the directors remaining to serve out the remaining portion of the term thus vacated. For this first year, all directors shall remain as previously elected until the next annual meeting.

Regular meetings of the Board of Directors shall be held at such time and place as the Board may determine necessary provided that all directors are notified either written or oral.
The Corporation shall conduct its business on a non-profit basis, and no dividends shall ever be paid to members of such Corporation.

For the purpose of determining members eligible to notice of or to vote at any meeting of members or any adjournment thereof or in order to make a determination of members for any other proper pur­pose, members shall be those persons who are the record owners of plots. A member shall include any surviving immediate family mem­ber (parent, brother, sister, child spouse, of persons buried in Magnolia Cemetery.

Special meetings of the directors may be held upon reasonable notice, either written or oral. Prior to any special meeting of the members, the President shall request that the Secretary give ten days notice to the members. Such notice shall indicate the time, place and purpose of the meeting and shall be addressed and mailed to such members at their address last known to the Corporation.

The business of the Corporation shall be handled under the direction of the Board of Directors or by a manager to be elected by majority vote of the Board, and he shall serve with or without compensation. The Board of Directors may employ, with or without compensation, such maintenance, clerical or other contracted work as may be re­quired to effectively operate the business for Magnolia Cemetery.

There shall be a regular meeting of members annually, on the second Saturday of each October to transact business that may be properly brought before it. The time for meeting shall be 11:00 a.m.

The fiscal year of Magnolia Cemetery shall be from October 1 through September 30.

The books and accounts of the Corporation shall be maintained by a person competent to perform such work. The reports prepared by such bookkeeper shall be available at the annual meeting of members.

These by-laws may be altered, amended, or repealed by a vote of a majority of members present at any regular meeting of Corporation. Members shall not have the power to change the purpose of Corporation so as to decrease its rights and powers under the laws of the State, or to waive any requirements of bond or other provisions for the safety and security people.

Web Design by DataLink