CONSTITUTION AND BY-LAWS of the
SOCIETY FOR HUNGARIAN PHILATELY

Fairfield, Connecticut 06430

CONSTITUTION

Article I - Name

Section 1. The name of this organization shall be the Society for Hungarian Philately.

Article II - Purpose

Section 1. This society shall be a non-profit organization whose purpose is to bring together those persons with an interest in the postage stamps and other philatelic material of Hungary, and to generally encourage and promote participation in Hungarian philately.

Article III - Membership

Section 1. Membership shall be open to any person sixteen years of age or over who is of good repute and interested in Hungarian philately.

Section 2. Such person may become a member of the Society only after his application has been unanimously approved by the Membership Committee and by the Executive Board. All candidates shall make application in writing on a prescribed form endorsed by an active member in good standing, such application to be presented for action at a regular meeting of the Society after approval by the Membership Committee and Executive Board, and has been favorably voted upon. The election shall be by secret ballot of the members present, only at the next meeting following the reading of the application, two negative votes constituting rejection. Application for membership shall be accompanied by the annual dues and initiation fee. Refund shall be made in the event of rejection of application.

Section 3. Persons becoming members after July first of any fiscal year will be charged only fifty percent (50%) of one year's dues for the balance of that fiscal year.

Section 4. Honorary membership may be conferred upon any person by the Society as a token of appreciation for outstanding service in the field of Philately, or other reasons, upon recommendation of the Executive Board and the approval of the membership of the Society. There shall be no dues charged for this membership.

Section 5. A member in good standing within the meaning of that term as used in the Constitution and By-Laws, is one who is not in default in the payment of dues or other indebtedness to the Society, and against whom no charges are pending.

Article IV - Officers

Section 1. The officers of the Society shall be President, Vice President, Secretary, and Treasurer. Their terms shall be for one year, and they can be reelected. The president cannot serve more than three consecutive terms.

Article V - Executive Board

Section 1. The Executive Board shall consist of the officers of the Society and two members-at-large (who shall be elected in the same manner as the regular officers), and shall have full power at all times to act on all questions pertaining to its interest and welfare.

Article VI - Amendments

Section 1. This Constitution may be amended at any regular business meeting by two-thirds vote of the members present, provided that such proposed amendments be in writing, signed by two members in good standing, and submitted to the secretary for consideration at the next meeting of the Society. Such amendments will be voted upon at the following regular meeting. At least two weeks' advance notice, stating the proposed change, shall be given by the secretary to each active member. All amendments to this Constitution will become effective immediately following approval.