CHARTER
Of the Three-Quarter Century Soft Ball Club of St. Petersburg, Florida, Inc.
Article 1
The name of the Corporation shall be Three-Quarter Century Softball Club, St. Petersburg, Florida, Inc. Its business shall be conducted and carried on in St. Petersburg, Pinellas County, Florida, and at such other points and places in the State of Florida as may from time to time be authorized by the Board of Directors. The principal office and place of business of said Corporation shall be at St. Petersburg, Florida.
Article II
The general nature of the object of the corporation is:
(a) To promote and play exhibition softball games for the entertainment and pleasure of the members of said Corporation, also the enjoyment of visiting tourists and people in and adjacent to St. Petersburg, Florida.
(b) To receive assistance, money and any other form of contribution from any person, firm or Corporation to be utilized in the furtherance of the objects of this Corporation, to carry on the work of this Corporation, and to do any other things permitted by the State of Florida to a corporation not for profit.
Article III
Any individual who has passed his or her seventy-fourth birthday and who is physically fit to play softball is eligible to become a member of this Corporation upon written application to the Secretary of this Corporation for membership.
Article IV
This corporation shall have perpetual existence.
Article V
Names of the original charter subscribers in 1938, all of St. Petersburg, Florida:
W M Webster, A E Nichols, W West, A T Nichols, Dr. A G Walden
Article VI
The Board of Directors shall conduct the business of this Corporation, and they shall manage all of the business and financial affairs of this Corporation. A vacancy caused by the death, resignation, or removal of a director, shall be filled by the remaining directors by not less than a majority vote, but in no event shall any man be eligible as a director of the Corporation unless such person at the time is a member in good standing.
Article VII
The membership shall elect a President, Vice-President, Secretary, and Treasurer at the regular annual meeting on the third Friday in March each year in compliance with the provisions of the Charter and By-Laws. The Board of Directors shall be elected at the annual meeting on the third Friday in March each year in compliance with the provisions of the Charter and By-Laws.
Article VIII
The officers and directors shall hold office until their successors are elected and take office.
Article IX
The membership shall have the power to alter, amend, or rescind the By-Laws under the provisions of said By-Laws
Article X
The highest amount of indebtedness or liability to which this Corporation may at any time subject itself is Ten Thousand ($10,000.00) Dollars. The amount in value of the real estate which the Corporation may own shall be subject always to the approval of the Circuit Judge.
Article XI
No part of the net earnings of the Corporation shall benefit a member or distributed to its members, officers, directors or other private persons, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purpose outlined in Article II of the original Charter. No substantial part of the activities of the Corporation shall be the carrying on of propaganda or otherwise attempting to influence legislation, and the Corporation shall not participate in or intervene in (including the publishing or distributing of statements) any political campaign on behalf of any candidate for public office. In any provision of these Articles, the Corporation shall not carry on any other activities not permitted to be carried on (a) by a corporation exempt from federal income tax under Section 501 (c) (7) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Revenue Law) or (b) by a corporation, contributions to which are deductible under section 170 (c) (2) of the Internal Revenue Code of 1954 (or the corresponding provision of any future United States Internal Revenue law.)
Article XII
Upon the dissolution, should the same occur, the Board of Directors shall, after paying or making a provision for payment of all of the liabilities of the Corporation, dispose of all of the assets of the Corporation exclusively for the Corporation to the Athletic Department of the City of St Petersburg, Florida. Any such assets not so disposed of shall be disposed of by the Circuit Court of Pinellas County, Florida, or the county in which the principal office of the Corporation is then located.
[The original Charter is dated August 9, 1938. The most recent change is dated December 21, 2005.]