Articles of Incorporation
ARTICLES OF INCORPORATION
OF THE
SHIRE HORSE FOUNDATION
Pursuant to the provisions of the Colorado Revised Nonprofit
Corporation Act, the undersigned corporation executes the following
Articles:
ARTICLE I
The name of the corporation is:
Shire Horse Foundation.
ARTICLE II
The purpose for which the corporation is organized are as
follows:
To solicit and expend funds for the following charitable
purposes:
1.
To provide cultural, historical and educational insight into
the Shire horse.
2.
To conduct studies, instruction, training and research for the
continual growth and perpetuation of the Shire horse.
3.
To carry out any lawful purpose permitted a charitable
educational organization under Section 501(c)(3) of the Internal
Revenue Code of 1986, or comparable provisions of subsequent
legislation, including the making of distributions to organizations
that qualify as exempt organizations under Section 501(c)(3).
ARTICLE III
The corporation is organized without capital stock.
The foundation will not have voting members.
Participation in the activities of the corporation shall be open
to all who share in the goals and purposes of the corporation.
ARTICLE IV
The address of the registered office and initial principal office
is
I hereby consent to designation of registered agent of this
corporation:
_____________________________
Date: _12 September 1998
Brit C. McLin
ARTICLE V
No
part of the net earnings of the corporation shall inure to the benefit
of or be distributable to its directors, board or officers, 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 purposes set forth in Article II
hereof. 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 distribution of statements) any
political campaign on behalf of any candidate for public office.
Notwithstanding any other 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)(3) of the Internal Revenue Code of 1986, or comparable provisions of subsequent legislation, or (b) by a corporation, contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code of 1986, or comparable provisions of subsequent legislation.
Upon the dissolution of the corporation, the board shall, after paying
or making provisions for the payment of all of the liabilities of the
corporation, dispose of all of the assets of the corporation exclusively
for the purposes of the corporation in such manner, or to such
organizations organized and operated exclusively for charitable,
educational, religious or scientific purposes as shall at the time
qualify as an exempt organization or organizations under Section
501(c)(3) of the Internal Revenue Code of 1986, or comparable provisions
of subsequent legislation, as the board shall determine.
Any such assets not so disposed of shall be disposed of by the
district court of the county in which the principal office of the
corporation 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 purposes.
ARTICLE VI
The corporation shall indemnify its incorporators, registered
agent, directors, officers, and employees to the full extent allowed by
law.
ARTICLE VII
The name and address of the incorporator is:
Brit C. McLin
PO
Box 957
_______________________________ Date: _12 September 1998