Chapter 298. To incorporate the trustees of the grand encampment of Knights Templar of the United States of America
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CHAP. 298.— An Act To incorporate the trustees of the grand encampment of Knights Templar of the United States of America. February 4, 1905. [[S. 6584](/us/bill/58/s/6584).] [[Public, No. 41](/us/pl/58/41).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, District of Columbia. Trustees of the Grand Encampment of Knights Templar, incorporated. Incorporators. That George M. Moulton, of Chicago, in the State of Illinois, grand master ex officio; and H.
Wales Fines, of Meriden, in the State of Connecticut, grand treasurer ex officio of said grand encampment; and Reuben H. Lloyd, of San Francisco, in the State of California; Samuel C. Lawrence, of Medford, in the Commonwealth of Massachusetts; Warren LaRue Thomas, of Pittsburg, in the State of Pennsylvania, and their successors, are hereby created a body politic and corporate in the District of Columbia. Sec. 2. Name of corporation. Rights, etc., of. That the name of this corporation shall be “Trustees of the Grand Encampment of Knights Templar,” and by that name it shall have perpetual succession, with the power to sue and be sued, to plead and to be impleaded, in the courts of law and equity within the jurisdiction of the United States.
Sec. 3. Power. That this corporation shall have authority and be empowered to take, hold, manage, control, and invest the permanent fund of thirty thousand dollars of said grand encampment, and such additions as shall be made thereto from time to time. This corporation may also receive and execute the trust of gifts and devises made to it for charitable, educational, or other Masonic or Templar purposes, whether the same shall come from this grand encampment, or from any subordinate body under its jurisdiction, or from any member of the Masonic or Templar order, or from any other Masonic or Templar source; and shall have and exercise all the powers, rights, and privileges *Proviso*.
Funds. incident to corporations of a similar nature: *Provided, however*, That in the matter of loans and investments of funds it shall be governed by the provisions of the constitution of said grand encampment and any amendments thereof that may be adopted, and the conditions imposed by the terms of any deed, gift, legacy, or devise in its behalf. Sec. 4. Election of officers. By-laws, etc. That said corporation shall have power and authority to elect a president, treasurer, and secretary and to make all by-laws, rules, and regulations necessary for the management and discharge of the duties of its trust not repugnant to the laws of the United States, or to the constitution, statutes, rules, and regulations of said grand encampment, and shall make detailed report of all its transactions at each succeeding triennial conclave thereof, and shall be subject to such action and direction as said grand encampment shall deem expedient in the premises.
Sec. 5. Use of funds by trustees, etc., forbidden. That no trustee or member shall hire, or use any portion of the funds within the control of this corporation, or be surety for any loan made by it, or receive any compensation for services in the discharge of his duty as such. Sec. 6. Meeting. That said George M. Moulton, or any two of said incorporators, are authorized to call the first meeting of the corporation for 689 the purposes of organization and the transaction of such business as shall be incident thereto at such time and place as may be convenient.
Sec. 7. That Congress reserves the right to alter, amend, or repeal Repeal. this Act at pleasure. Approved, February 4, 1905.