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(D) Issuance of Stock; Dividends the Corporation Shall Have No P Page 215 TITLE 36—PATRIOTIC SOCIETIES AND OBSERVANCES § 4201 (d) Issuance of stock; dividends Fame and Museum within the definition of ‘‘private corporations established under Federal law’’. Section The corporation shall have no power to issue 1103 of this title requires a report to Congress on the any shares of stock nor to declare or pay any annual audit of private corporations established under dividends. Federal law. (e) Claim of approval or authorization § 4112. Reservation of right to amend or repeal The corporation shall not claim congressional chapter approval or Federal Government authority for any of its activities. The right to alter, amend, or repeal this chap- ter is expressly reserved to the Congress. (f) Retention of status under State laws (Pub. L. 100–655, title I, § 113, Nov. 14, 1988, 102 The corporation shall retain and maintain its Stat. 3852.) status as a corporation organized and incor- porated under the laws of the State of Colorado. § 4113. ‘‘State’’ defined (Pub. L. 100–655, title I, § 107, Nov. 14, 1988, 102 For purposes of this chapter, the term ‘‘State’’ Stat. 3850.) includes the District of Columbia, the Common- wealth of Puerto Rico, and the territories and § 4108. Liability for acts of officers and agents possessions of the United States. The corporation shall be liable for the acts of (Pub. L. 100–655, title I, § 114, Nov. 14, 1988, 102 its officers and agents when acting within the Stat. 3852.) scope of their authority. (Pub. L. 100–655, title I, § 108, Nov. 14, 1988, 102 § 4114. Tax-exempt status Stat. 3851.) The corporation shall maintain its status as an organization exempt from taxation as pro- § 4109. Service of process vided in title 26. With respect to service of process, the corpora- (Pub. L. 100–655, title I, § 115, Nov. 14, 1988, 102 tion shall comply with the laws of the States in Stat. 3852.) which it is incorporated and those States in which it carries on its activities in furtherance § 4115. Failure to comply with restrictions or pro- of its corporate purposes. visions (Pub. L. 100–655, title I, § 109, Nov. 14, 1988, 102 If the corporation fails to comply with any of Stat. 3851.) the restrictions or other provisions of this chap- ter, the charter granted by this chapter shall ex- § 4110. Books and records; inspection pire. The corporation shall keep correct and com- (Pub. L. 100–655, title I, § 116, Nov. 14, 1988, 102 plete books and records of account and shall Stat. 3852.) keep minutes of any proceeding of the corpora- tion involving any of its members, the board of CHAPTER 74—AMERICAN ACADEMY OF ARTS directors, or any committee having authority AND LETTERS under the board of directors. The corporation Sec. shall keep at its principal office a record of the 4201. Corporation created. names and addresses of all members having the 4202. Purposes of corporation. right of vote. All books and records of such cor- 4203. Membership; powers of corporation. poration may be inspected by any member hav- 4204. Annual meeting; annual report. ing the right to vote, or by any agent or attor- 4205. Acquisition of property by bequest or dona- ney of such member, for any proper purpose, at tion. any reasonable time. Nothing in this section 4206. Reservation of right to amend or repeal chap- ter. shall be construed to contravene any applicable State law. § 4201. Corporation created (Pub. L. 100–655, title I, § 110, Nov. 14, 1988, 102 William Dean Howells, of Maine; Henry Stat. 3851.) Adams, of the District of Columbia; Theodore Roosevelt, of New York; John Singer Sargent, of § 4111. Annual report Massachusetts; Daniel Chester French, of New The corporation shall report annually to the York; John Burroughs, of New York; James Congress concerning the activities of the cor- Ford Rhodes, of Massachusetts; Horatio William poration during the preceding fiscal year. Such Parker, of Connecticut; William Milligan annual report shall be submitted at the same Sloane, of New Jersey; Robert Underwood John- time as is the report of the audit required by son, of New York; George Washington Cable, of section 1101 of this title. The report shall not be Massachusetts; Andrew Dickson White, of New printed as a public document. York; Henry van Dyke, of New Jersey; William Crary Brownell, of New York; Basil Lanneau (Pub. L. 100–655, title I, § 112, Nov. 14, 1988, 102 Gildersleeve, of Maryland; Woodrow Wilson, of Stat. 3851.) New Jersey; Arthur Twining Hadley, of Con- REFERENCES IN TEXT necticut; Henry Cabot Lodge, of Massachusetts; Section 1101 of this title, referred to in text, was in Edwin Howland Blashfield, of New York; Wil- the original ‘‘section 111 of this title’’, meaning section liam Merritt Chase, of New York; Thomas 111 of title I of Pub. L. 100–655 which amended section Hastings, of New York; Hamilton Wright Mabie, 1101 of this title to include the National Mining Hall of of New Jersey; Brander Matthews, of New York; § 4202 TITLE 36—PATRIOTIC SOCIETIES AND OBSERVANCES Page 216 Thomas Nelson Page, of the District of Colum- (Apr. 17, 1916, ch. 77, § 6, 39 Stat. 52.) bia; Elihu Vedder, of Massachusetts; George Ed- ward Woodberry, of Massachusetts; Kenyon Cox, CHAPTER 75—AVIATION HALL OF FAME of New York; George Whitefield Chadwick, of Sec. Massachusetts; Abbott Handerson Thayer, of 4301. Corporation created. New Hampshire; Henry Mills Alden, of New Jer- 4302. Completion of organization. sey; George de Forest Brush, of New Hampshire; 4303. Purposes of corporation. William Rutherford Mead, of New York; Bliss 4304. Powers of corporation. Perry, of Massachusetts; Abbott Lawrence Low- 4305. Principal office; territorial scope of activi- ell, of Massachusetts; James Whitcomb Riley, of ties; agent for service of process. Indiana; Nicholas Murray Butler, of New York; 4306. Membership; voting rights. Paul Wayland Bartlett, of New York; Owen Wis- 4307. Board of trustees. (a) Composition of initial board. ter, of Pennsylvania; Herbert Adams, of New (b) Composition of subsequent boards; Hampshire; Augustus Thomas, of New York; tenure. Timothy Cole, of New York; Cass Gilbert, of New (c) Governing period; duties. York; William Roscoe Thayer, of Massachusetts; 4308. Officers. Robert Grant, of Massachusetts; Frederick 4309. Board of nominations; composition; duties. Macmonnies, of New York; Julian Alden Weir, of 4310. Distribution of income or assets to members; Connecticut; William Gillette, of Connecticut; loans. Paul Elmer More, of New Jersey; George 4311. Nonpolitical nature of corporation. Lockhart Rives, of New York, and their succes- 4312. Liability for acts of officers and agents. 4313. Prohibition against issuance of stock or pay- sors, duly chosen, are hereby incorporated, con- ment of dividends. stituted, and declared to be a body corporate of 4314. Books and records; inspection. the District of Columbia, by the name of the 4315. Audit of financial transactions. American Academy of Arts and Letters. 4316. Use of assets on dissolution or liquidation. (Apr. 17, 1916, ch. 77, § 1, 39 Stat. 51.) 4317. Acquisition of assets and liabilities of exist- ing corporation. § 4202. Purposes of corporation 4318. Reservation of right to amend or repeal chap- ter. The purposes of this corporation are and shall be the furtherance of the interests of literature § 4301. Corporation created and the fine arts. The following persons: Stanley C. Allyn, Oak- (Apr. 17, 1916, ch. 77, § 2, 39 Stat. 51.) wood, Ohio; J. L. Atwood, El Segundo, Califor- nia; C. M. Pat Barnes, Oakwood, Ohio; Robert J. § 4203. Membership; powers of corporation Barth, Oakwood, Ohio; Donald H. Battin, Day- The American Academy of Arts and Letters ton, Ohio; Milton A. Caniff, New City, New shall consist of not more than fifty regular York; Robert S. Chubb, Oakwood, Ohio; Albert members, and the said corporation hereby con- N. Clarkson, Dayton, Ohio; Frederick C. stituted shall have power to make by-laws and Crawford, Cleveland, Ohio; Don L. Crawford, rules and regulations; to fill all vacancies cre- Dayton, Ohio; Donald W. Douglas, Senior, Santa ated by death, resignation, or otherwise; to pro- Monica, California; Charles S. Draper, Cam- vide for the election of foreign, domestic, or bridge, Massachusetts; John G. Fitzpatrick, honorary associate members, and the division of Oakwood, Ohio; John P. Fraim, Junior, Oak- such members into classes, and to do all other wood, Ohio; Courtlandt S. Gross, Burbank, Cali- matters needful or usual in such institutions. fornia; James W. Jacobs, Dayton, Ohio; Thomas (Apr. 17, 1916, ch. 77, § 3, 39 Stat. 51.) D. Johnson, Xenia, Ohio; Gregory C. Karas, Oak- wood, Ohio; John W. Kercher, Oakwood, Ohio; § 4204. Annual meeting; annual report Eugene W. Kettering, Kettering, Ohio; William The American Academy of Arts and Letters G. Kiefaber, Dayton, Ohio; Gerald H. Leland, shall hold an annual meeting at such place in Centerville, Ohio; John A. Lombard, Dayton, the United States as may be designated and Ohio; G. I. MacIntyre, Kettering, Ohio; Fred F. shall make an annual report to the Congress, to Marshall, Cedarville, Ohio; Robert W. Martin, be filed with the Librarian of Congress. New York, New York; James S. McDonnell, Jun- ior, Saint Louis, Missouri; Karl B. Mills, Day- (Apr. 17, 1916, ch. 77, § 4, 39 Stat. 51.) ton, Ohio; John B. Montgomery, Murray Hill, § 4205. Acquisition of property by bequest or do- New Jersey; John H. Murphy, Kettering, Ohio; nation Larry E. O’Neil, Kettering, Ohio; Mundy I. Peale, Farmingdale, Long Island, New York; The American Academy of Arts and Letters Louis F. Polk, Oakwood, Ohio; Edwin W. be, and the same is hereby, authorized and em- Rawlings, Minneapolis, Minnesota; Robert G. powered to receive bequests and donations of Ruegg, Wright-Patterson Air Force Base, Ohio; real or personal property and to hold the same Alden K. Sibley, Grosse Pointe Shores, Michi- in trust, and to invest and reinvest the same for gan; Igor I.
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