
P.O. Box 65 Oxford, Ma. 01540
Supporting Oxford Business for over 40 yrs.
Monthly Meetings at
Crowley Construction
4 Industrial Park West, Oxford, MA 01540
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Bylaws
of the Oxford Business Association
| Article 1 – Name The name of the organization shall be the Oxford Business Association. The Oxford Business Association shall be incorporated under the laws of the Commonwealth of Massachusetts in the Town of Oxford. |
| Article II – Object The Oxford Business Association is organized to promote and further the advancement of business and the general interests of the Town of Oxford. |
| Article III – Meetings An Annual Meeting of the Corporation shall be held during the month of January with proper written notice to members in Good Standing, not less than fourteen (14) days prior to said meeting. Regular
Meetings shall be called at the direction of the Board of Directors and shall
not be fewer than three (3) per year in addition to the Annual Meeting.
Notice shall be given to all members in Good Standing not less than seven
(7) days prior to the meeting date. Special
Meetings may be called by the President at any time and must be called by the
Secretary upon written application by five (5) or more members of the Board of
Directors. If
the President and Secretary are both unable to call the Special Meeting for any
reason, the Senior Officer will call the Special Meeting under this By-Law.
No business shall be conducted at a Special Meeting except that specified
in the written announcement of the Special Meeting. At
any meeting, fifteen (15) percent of the Membership in good standing in
attendance shall constitute at Quorum for conduct of the business of the
organization. |
| Article IV – Membership Membership shall be open to all persons, corporate or natural, engaged in any lawful business enterprise. The Board of Directors shall establish and may from time to time amend, membership classifications and dues. |
| Article V – Board of Directors The business of the Corporation shall be managed by a Board of Directors consisting of not less than eleven (11) and not more than fifteen (15) individuals appointed and elected from the members in Good Standing. The Board of Directors shall consist of: Four (4) officers of the corporation including the President; Vice President; Treasurer; Secretary. Seven (7) Directors appointed by and serving at the pleasure of the President. Four (4) Directors to be elected at the Annual Meeting or at a Special Meeting called for that purpose. Vacancies may be filled by Presidential appointment until the next Annual Meeting. The Board of Directors shall hold an annual meeting immediately before or after the Annual Meeting. The Board of Directors shall exercise all corporate powers not in conflict with the provisions of these By-Laws, Town of Oxford Laws and Ordinances, and the Laws of the Commonwealth of Massachusetts. The Board of Directors shall normally meet once a month to conduct the business of the Corporation but in no event shall the Board meet less than six times in a calendar year. The Board of Directors have the authority to appoint an assistant Secretary (ies) and Treasurers as required to manage the business of the Corporation. Five members of the Board of Directors shall comprise a quorum. Absence of a Board member from three successive regular meetings for no sufficient reasons as determined by the Board of Directors may be considered as the equivalent of resignation and that position may be declared vacant. No Director may receive compensation for his services on the Board by way of wages, salary, or emolument on behalf of the Corporation. |
| Article VI –Officers The four standing officers of the Corporation shall be 1) the President; 2) the Vice President; 3) the Secretary; 4) the Treasurer. The
President and Vice President of the Corporation shall be elected at an Annual
Meeting to serve one term and one immediately succeeding term if re-elected. The
Secretary and Treasurer may be re-elected to serve at the pleasure of the
Corporation. President:
The
President shall preside at meetings of the Corporation; shall execute checks and
contractual documents and co-sign, with the Treasurer, as authorized by these
By-Laws, and shall appoint standing and ad hoc committees as a
majority of the Board of Directors deems necessary.
He shall be an ex officio member of all committees except
the nominating committee.
In the absence of the President, the duties of the office shall be
exercised by the Vice President.
In the absence of the Vice President, the duties of the President’s
office fall to the Treasurer and to the Secretary, in that order. Vice
President: The
Vice President may exercise all of the duties and authorities of the President
in the absence or incapacitation of the President.
The Vice President may be assigned or delegated additional duties by the
President as he may reasonably require for the conduct of the business of the
Corporation. Secretary:
The
Secretary shall give Notice of all meetings; shall attend them and make accurate
recordings of the business conducted; shall inform Officers and the Nominating
Committee of their election, shall present a written Annual Report; shall keep a
correct classified list of the Membership and their addresses; and shall perform
such other duties as the Board of Directors may designate. Treasurer:
The
Treasurer shall keep an accurate account of all monies received and disbursed
and shall give a report of the same at the Annual Meeting, and all regular
meetings of the Board of Directors and the membership. The
Treasure shall have custody of all funds and property of the Corporation and
shall keep an accurate record of property held or received by the Corporation
and give a full accounting thereof at the Annual Meeting. The
Treasurer shall co-sign from Corporate funds all checks, drafts and orders for
payments of money from Corporate funds. The
Treasurer shall co-sign all contracts on behalf of the Corporation.
All signatures shall be made on behalf of the Corporation.
The Board of Directors may appoint an Assistant Treasurer to assist the
Treasurer and to act in the absence of the Treasurer. |
| Article VII Standing Committees Nominating Committee: The Nominating Committee shall be appointed by the President and shall consist of three members in good standing, of the Corporation. The Nominating Committee may not include more than one current officer or chairman of a standing committee. It shall choose its chairman from its members. The committee shall present a slate of candidates for the Board of Directors, and the offices of the President, Vice President, and the Treasurer to be elected at the Annual Meeting. The slate of candidates shall be published with the notice of time and place for the Annual Meeting. Ad
Hoc Committees:
Ad
hoc Committees
may be appointed by the President who shall also designate the Chairman of the
committee. Such
committees may be appointed to attend to Corporation matters not under the
jurisdiction of standing committees, elected officers, the Board of Directors or
Executive Committee. These
committees shall consist of not more than three members without the consent of
the Board of Directors.
The life and scope of Ad
Hoc
Committees
shall be contained in a written instruction to the Chairman of such committee.
All aspects of such committees are subject to review and modification of the
Board of Directors. |
| Article VII – Amendments Amendments to these By-Laws may be made by a two-thirds vote of the Corporation members, present and in Good Standing, at a regular or special meeting of the Members of the Corporation. Provided, however, that such intent to amend the By-Laws shall have been contained in the written notice of said meeting to the Members. Further, the purpose of the proposed amendment and the exact text of the proposed amendments shall be contained in aforesaid meeting notice. |
| Article IX – Fiscal Year The Fiscal Year of the Corporation shall begin on the first day of January, and end on the thirty-first day of December of the calendar year. |
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