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Draft492013 <br />BylawsofTheLouisvilleHistoricalMuseumFoundation <br />ArticleI <br />Offices,PurposesandPowers <br />Section1.TheprincipalofficeofthisnonprofitCorporation,TheLouisvilleHistoricalMuseum <br />Foundation,shallbeat749MainStreet,Louisville,Colorado,80027. <br />Section2.TheCorporationmayalsohaveofficesatsuchotherplacesastheBoardofDirectors <br />mayfromtimetotimedetermine,orthebusinessoftheCorporationmyrequire. <br />Section3.ThepurposeoftheCorporationshallbetheadvancementandsupportofLouisville <br />historyandoftheHistoricalMuseumoftheCityofLouisville›{[šÒz­ÝzŒŒ;HistoricalaÒ­;Ғ|œrorany <br />successorinstitutionwiththesameorsimilarcultural,educational,literary,scientific,andcivic <br />purposes. <br />Section4.TheCorporationshallhaveallpowersnecessarytofulfillingthepurpose,including: <br />4.1.Collectionandsolicitationofgifts,bequests,grantsanddevisesofpropertyofanykind, <br />whetherrealorpersonalandwhereversituated,fortheuseandbenefitofsaidMuseum; <br />4.2Holding,managing,operating,selling,exchanging,investing,andgenerallydealingwith <br />propertywhichmaycomeintoitspossessionfortheuseandbenefitofsaidMuseum; <br />4.3Applying,expending,andusinganyorallofitsassets,nomatterhowreceived,principal <br />andincomeoreither,totheuseandbenefitoftheLouisvilleHistoricalMuseum,withorwithout <br />restriction; <br />4.4QualifyingfortaxexemptstatusunderFederalandotherapplicablelaw; <br />4.5AnyandallpowersconferredbyColoradolaw,asnowexistingoraslateramended, <br />uponnonprofitcorporations. <br />Section5.TheBoardofDirectorsmayappointstafftoservetheCorporation. <br />Section6.TheCorporationshallnotenterintoanycontractualobligationswithoutamajorityvote <br />oftheBoardmemberspresentandvotingatanymeeting. <br />ArticleII <br />Members <br />Section1.Individualandcorporatecontributorsatcertainminimumlevelsshallbenonvoting <br />membersoftheLouisvilleHistoricalMuseumFoundation.TheBoardofDirectorsshalldeterminethe <br />1 <br />