1975 Ed.]
Chater Masonic Scholarship Fund By-laws
[CAP. 1007
A 1
CHATER MASONIC SCHOLARSHIP FUND BY-LAWS
(Cap. 1007, section 4)
CITATION
[1st November, 1929.]
1. These by-laws may be cited as the Chater Masonic Scholarship Fund By-laws.
[Subsidiary]
25 of 1929, Schedule.
G.N.A. 149/49. 72 of 1975.
CONSTITUTION
2. The fund shall be known as the "Chater Masonic Scholarship Fund”.
3. The fund shall consist of the existing fund in the hands of the honorary treasurer and such further contributions as shall be made by masonic bodies and individuals.
GOVERNMENT
4. The trustees shall consist of such brethren as shall be elected by the lodges and chapters contributing to the funds of the corporation and of trustees for life as hereinafter provided. Each Lodge shall elect one brother to be a trustee and every individual brother contributing not less than $500 shall by virtue of such contribution become a trustee for life. Any vacancy or vacancies of elected trustees occurring through death, incapacity, retirement or prolonged absence from the Colony may be filled by the Lodge or other masonic body. Any representative of a Lodge shall not be deemed a trustee until the notice referred to in section 2 of the Ordinance including his name as a trustee has been filed with the Registrar of Companies.
5. The trustees shall appoint annually from among themselves a president and a vice-president. At all meetings the president shall preside, or in his absence the vice-president, or in the absence of both the senior past master present.
6. The trustees shall appoint annually an honorary treasurer who must be a subscribing member of a Lodge in Hong Kong, who shall collect all sums due to the corporation and keep an accurate account of all moneys received and disbursed to be presented at each meeting. He shall also carry out the duties of secretary to the trustees.
7. The trustees shall also appoint one or more auditors (who shall not be trustees) to audit the accounts and present a statement at the annual meeting.
G.N.A. 149/49.