In an effort to expand and enhance our hostels and educational programming, HI-USA’s regional councils voted in June 2011 to create a single unified organization. To that end, the Washington State Council is proposing changes to our Bylaws and Articles of Incorporation which would dissolve our local Council and give our assets to the new nation-wide hostelling organization. These changes, listed below, will be voted on at our Annual Membership Meeting on Saturday, February 25th. For your reference, our current Articles of Incorporation and Bylaws are attached to this post. Light lunch will be provided and free parking is available in the parking lot of the Good Shepherd Center and surrounding streets. Please join us to vote on these proposals!
Proposed Amendments 1. It is proposed that the Articles of Incorporation of this corporation be amended as follows: a. Article Seven of the Articles of Incorporation of this corporation shall be amended to read in full as follows: i. The name of the Corporation to whom net assets of the corporation are to be distributed in the event the corporation is dissolved is American Youth Hostels, Inc., a New York corporation (dba Hostelling International USA). 2. It is proposed that the Bylaws of this corporation be amended as follows: a. Article III(e) of the Bylaws of this corporation shall be amended to read in full as follows: i. That the property of this corporation is irrevocably dedicated to charitable purposes, and upon dissolution, and after providing for the debts and obligations, the remaining assets will not accrue to the benefit of any person or organization; but will be distributed to American Youth Hostels, Inc., a New York corporation (dba Hostelling International USA). 3. If the two preceding amendments are adopted, it is proposed that this corporation be dissolved. |


