BY- Effective: June 1, 2012
Effective: June 1, 2012
shall be known as the Missouri Numismatic Society.
The purpose of this Society shall be that of a non-profit-making
educational organization dedicated: to encourage and promote the science of
numismatics by the acquisition and study of coins, paper money and medals; to
cultivate and stimulate friendly relations among collectors, students, dealers
and kindred organizations; to provide a time and place for members of the
Society to meet; to encourage and assist amateur collectors; to foster the
interest of youth in numismatics; to acquire and disperse numismatic knowledge;
to form and maintain a cabinet of numismatic specimens and a library of
numismatic literature for the educational use and benefit of its members, if it
chooses to do so; to demonstrate that numismatics is an educational and
enjoyable pursuit; to accept and administer any numismatic trust when requested.
No part of the assets of the corporation shall inure to the benefit of, or be
distributable to, its members, trustees, officers or other private persons,
except that the society shall be empowered to pay reasonable compensation for
Membership in the Society shall be open to any applicant, as
required by the classifications in Section 2, interested in numismatics and
formally approved and accepted by the Board of Directors.
Membership shall be denied to applicants:
Who shall have been proven guilty of fraud, theft or other
dishonorable or questionable act(s).
Whose membership in the American Numismatic Association, American
Numismatic Society, Central States Numismatic Society and/or any other
recognized numismatic association has been denied or revoked for cause other
than non-payment of dues.
3. The Missouri Numismatic Society is an equal opportunity and equal access organization. The Missouri Numismatic Society prohibits any form of discrimination in the club's programs or activities on the basis of race, national origin, color, creed, religion, sex, age, disability, veteran status, sexual orientation, gender identify, or associational preference.
The membership of
this Society shall be divided into classifications as defined below.
a. Regular members are dues paying members 18 years of age or older.
Family memberships include one (1)
or two (2) regular members and all Juniors members within a family unit. “Family unit” will be defined according to the definition of
“family” as used by the State of Missouri at the time the dues are paid.
The intent of these Bylaws is to include in the “Family unit” one or
two persons who are “married” or in a domestic partnership.
It is not intended to include junior members who exceed the age
limitations. When this
occurs the junior member will be required to obtain a separate regular
Regular members who, upon completion of two (2) years as a dues
paying regular members and upon payment of an amount equal to ten (10) years
regular membership dues at the time of application may be accepted as a life
member by the Board of Directors. When
a family membership is converted to a life membership, only the Regular members
covered under the family membership at the time of conversion will be converted.
For recording purposes each regular member will be given a separate life
membership number. All junior
members of the family will be required to obtain separate junior memberships.
d. Charter members of the Society as listed in the minutes of the meeting of March 1938.
Honorary members to whom have been awarded honorary recognition in
the form of membership by virtue of having rendered the Society some special
Junior Members - Members aged 7 through 17 years.
Application for Membership
Applicants for membership may be recommended by a member of the
Society in good standing.
Applications must be accompanied by the membership fee as
prescribed in Article IV, following.
If applicant is accepted, appropriate entries will be made no
later than the next regular meeting.
If application is denied, applicant will be so informed by letter,
and dues returned therewith.
membership number shall be assigned, by the Secretary, to each new member in the
order of his/her acceptance, and shall show after the number, the symbol
designating the type of membership, as indicated below, for all except
Junior members are identified with the suffix "J" which will be
dropped upon conversion to a regular membership.
Revocation of Membership
For non-payment of dues
A member, whose dues remain delinquent as of the close of business
of the third regular meeting from the beginning of the year, shall automatically
forfeit his membership and all privileges accruing therefore including those of
receiving society notices and attending meetings.
Any member dropped for non-payment of dues may reapply in
accordance with the procedures for new members.
For violation of by-laws or failure to meet standards of
Any member who willfully violates the by-laws of this Society, or
who fails to meet the original standards of membership eligibility as set forth,
Section 1, shall be subject to investigation and possible suspension or
expulsion at the direction of the Board of Directors.
Awarding of Special Memberships
Any member in good standing may submit, for consideration of the
Board of Directors, recommendation for the awarding of an honorary free
membership. Such recommendation
shall include suggested duration thereof. The decision of the Board of Directors
in this regard shall be final.
The Board of Directors, upon a two-thirds (2/3) vote, may confer
such membership without a formal vote of the general society membership.
Recipients of such membership awards shall be so notified in
writing by the secretary, and the membership notified at the next regular
meeting of the Society.
Voting privileges of the Society shall be vested solely in the
regular membership. A majority vote
of the regular members (a member for a minimum of 3 months) present shall be
required on any issue brought before the general membership.
The elected officers and governors of the society shall maintain control
over administrative and routine matters, in addition to their specific duties as
set forth in the by-laws, without requiring a membership vote of approval.
Junior members shall have no voting privileges.
MEETINGS - QUORUM REQUIRED
Regular meetings of this Society shall be held monthly at such
time and place as shall be designated from time to time.
All meetings shall be guided by "Roberts' Rules of Order."
Special meetings may be called at any time by the President or his
A regular scheduled membership meeting
of 15 or more members, including one or more elected officers, shall constitute
a quorum for the transaction of business and the election of officers.
If no elected officer of the Society is present, the business
portion of the meeting shall be suspended.
Board Meeting: A
majority of its Directors constitutes a quorum for a Board meeting.
Regular/Family $10.00 per calendar year
Life - Ten times the Regular/Family membership dues at the time
Charter - no charge
Honorary - no charge
Junior - $2.00 per calendar year
Dues of new applicants shall be rendered with application for
Annual dues are due and payable at the first meeting of the
New applicants voted into membership after the Annual Coin Show
shall be considered paid from date of approval through the following
All offices of the Society shall be filled solely from the ranks of regular
members who have held any class of membership for the previous two years.
Election of Officers and Governors
All officers and governors of the Society shall be elected through
means of a secret ballot and by majority vote of the qualified members present
at the November meeting in even-numbered years. All officers and governors shall
take office and assume their duties at the first regular meeting of the next
calendar year following election.
Nomination of officers and governors shall be made by a committee
of three members appointed by the president at least two months prior to
election night. The list of
candidates shall be published in the October bulletin.
During the October meeting, occurring in even-numbered years, nominations
from the floor for officers and governors shall be added to the list of
candidates for election at the November meeting.
3. In each even-numbered year, the November bulletin shall contain notice to all members that officers and governors will be elected. The final slate of candidates shall be published in the November bulletin.
Officers and Governors
The elective officers of the Society shall be:
There shall be seven (7) governors elected by a majority vote of
the regular members in accordance with the by-laws.
Duties of Officers and Governors
The President shall:
Preside at all meetings of the Society;
Chair the Board of Directors meetings, but vote only to break a
Appoint committees which are deemed necessary to assist in the
administration of the Society
The Vice-President shall:
Assist the President in discharging his duties as determined by
the procedures and policies approved by the Board;
Oversee the following committees:
Meeting and Program, and
The Recording Secretary shall:
Keep accurate minutes of all Society meetings;
Maintain all records required by the Missouri Numismatic Society
policies and procedures;
The Corresponding Secretary shall:
Receive and respond to all correspondence for the Society, and
Oversee the following committees:
Publications and Notices
Sick and Welfare
The Treasurer shall:
Collect, record and disburse all society funds as directed by the
Board of Directors;
Present his records for audit upon request of the Board of
Oversee the following committees:
Board of Directors
The Board of
Directors shall direct the affairs of the Society as set forth in approved
policies and procedures.
Line of Succession
In the absence of the President at any meeting, the duties of his
office shall be discharged by the other officers of the Society in the order
named in Section 3 of Article V above.
In the event of the vacancy of the office of President, the
Vice-President shall assume the duties of President automatically,
Any vacancy created in any other office or Governorship shall be
filled by appointment by the President in accordance with Article V, Section 1,
within 45 days. Said
appointment is to be confirmed by a simple majority vote of the Board of
Directors present at the next regularly scheduled Board meeting.
The Board of Directors, comprised of both Officers and Governors,
shall review and establish policies and procedures for the administration of the
Society's activities and affairs.
document “Missouri Numismatic Society Procedures Manual”
shall be reviewed by the Board of Directors during the first quarter of the
calendar year following the election of a new club President.
The period between reviews shall not exceed six (6) years.
This time period is added to address the case where the current
President is retained after several elections.
This Society is formed for the mutual benefit of its members, and
shall be administered in accordance with this precept. Each member shall exert
effort to insure the Society's continuing success in the advancement of the
Society and numismatics in general.
No member shall incur any expense in the name of the Society
without express authorization from the Board of Directors.
No officer shall be relieved of his responsibility to the Society
until such time as he has turned over to his successor all records, property,
funds, and information pertinent to the Society, properly audited when required
by the Board of Directors.
All funds and properties entrusted to retiring officers,
chair persons, or members shall be internally audited or inventoried
prior to release to incoming officers or Governors.
A review of each Board meeting shall be read at the following
regular meeting of the membership.
Any officer or Governor who fails to attend three consecutive
Board meetings, without just cause, shall be removed from office.
Such vacancy shall be filled for the unexpired term in accordance with
Article VI, Section 3, Paragraph 3.
by-laws may be amended by the following procedure:
Amendments may be proposed by any regular member and brought forth
to the membership after a favorable majority vote of the Board of Directors.
All suggested revisions shall be presented at a regular meeting of
Each regular member shall be furnished a copy of each suggested
revision prior to the next regular meeting, with notice that voting will
transpire at that meeting.
Amendments shall become effective immediately, unless otherwise
stated in the motion presenting the amendment(s), upon a favorable majority vote
of regular members present and in good standing.
any other provision of these articles, the society shall not carry on any other
activities not permitted to be carried on by an association exempt from Federal
income tax under section 501 (c) (3) of the Internal Revenue Code of 1986 (or
corresponding provision of any future United States Internal Revenue Law) or (b)
by an association, contributions to which are deductible under section (c) (2)
of the Internal Revenue Code of 1985 (or corresponding provision of any future
United States Internal Revenue law.)
the dissolution of this society, assets shall be distributed for one or more
exempt purposes within the meaning of section 501 (c) (3) of the Internal
Revenue Code or corresponding section of any future Federal Tax code, or shall
be distributed to the Federal Government or to a state or local government, for
a public purpose. Any such assets
not so disposed of shall be disposed by the Court of Competent Jurisdiction of
the county in which the principal office of the society is then located,
exclusively for such purposes or to such organization or organizations, as said
Court shall determine, which are organized and operated exclusively for such