Pegwell & District Association
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THE COMPANIES ACT 1985
Company Limited by Guarantee
and not having a Share Capital.
Memorandum of Association of
PEGWELL & DISTRICT ASSOCIATION.
- The name of the Company (hereinafter called "the
Association") is The Pegwell & District Association.
- The registered office of the Association will be
situate in England.
- The objects for which the Association is
established are:
- to preserve and promote for the public benefit
the places of archaeological historical architectural scientific
ecological or other interest within the town harbour and foreshore of
Ramsgate and the surrounding district ("the Area") in a manner
appropriate to its archaeological historical architectural scientific
ecological or other importance; and
- to promote and foster for the public benefit a
wide knowledge and understanding of the archaeological historical
architectural scientific ecological or other significance of the Area
- to promote and foster for the public benefit
the community and social aspects of the Area
and in furtherance of all or any of the foregoing the
Association shall have the following powers:-
- To borrow and raise money for the purpose of the
Association in such manner and on such security as the Association may
think fit
- To conduct appeals for money or other gifts or
for any other assistance for any of the purposes of the Association,
and to solicit and accept subscriptions and donations (whether of real
or personal property) and devises and bequests for any of the purposes
of the Association
- To invest the monies of the Association not
immediately required for its purposes in or upon such investments,
securities or property as may be thought fit, subject nevertheless to
such conditions (if any) and such consents (if any) as may for the time
being be imposed or required by law
- To purchase, take on lease or in exchange, hire
or otherwise acquire any real or personal property and any rights or
privileges and to construct, maintain and alter any buildings or
structures
- To sell, hire, let, mortgage, dispose of or turn
to account all or any of the property or assets of the Association as
may be thought expedient with a view to the promotion of its objects.
- to take all such stems and proceedings and to do
all such acts and things either alone or jointly with others whether by
opposing applications or proceedings or otherwise as may seem necessary
or expedient to protect the interests of the Association and to levy
support for such action
- To promote or join in promoting schemes for the
renovation restoration preservation or enhancement of, and access by
members of the public to places of archaeological historical
architectural scientific ecological or other interest within the Area
- To establish promote and administer such
courses, seminars and other teaching media as may be thought expedient
with a view to the furtherance of the objects of the Association and
upon such terms as may be thought fit
- To print and publish, or procure to be printed
and published, and to circulate, or procure to be circulated (whether
gratuitously or not) any newspaper, periodicals, magazines, books,
pamphlets, leaflets, or other documents on subjects which are within
the objects of the Association
- Subject to Clause 4 hereof to engage, employ and
pay architects, surveyors, solicitors and other professional persons,
contractors, managers, clerks, workmen and other staff as are necessary
for the furtherance of the objects of the Association
- To grant pensions and retirement benefits to or
for employees or former employees and to the widows, children and other
dependants of deceased employees and to pay or subscribe to funds or
schemes for the provision of life assurance, pensions and retirement
benefits for employees and former employees their widows, children and
other dependants
- To subscribe to, become a member of, or
amalgamate or co-operate with any other organisation, institution,
society or body not formed or established for purposes of profit
(whether incorporated or not and whether in Great Britain or Northern
Ireland or elsewhere) whose objects are wholly or in part similar to
those of the Association and which by its Constitution prohibits the
distribution of its income and property amongst its members to an
extent at least as great as is imposed on the Association under or by
virtue of Clause 4 hereof
- To purchase or otherwise acquire and undertake
all or such part of the property, assets, liabilities and engagements
as may lawfully be acquired or undertaken by the Association of any one
or more of the organisations, institutions, societies or bodies with
which this Association is authorised to amalgamate
- To do all or any of the things hereinbefore
authorised either alone or in conjunction with any other charitable
organisation, institution, society or body with which this Association
is authorised to amalgamate
- To undertake and execute any trusts necessary
for the furtherance of the objects of the Association
- To establish and support or aid in establishment
and support of any charitable trusts, associations or institutions and
to subscribe or guarantee money for charitable purposes in any way
connected with or calculated to further any of the objects of the
Association
- To enter into arrangements with any authority
supreme municipal, local or otherwise to further any of the
Association's objects and to obtain from any such authority any rights
privileges and concessions which it may seem desirable to obtain and to
carry out and comply with any arrangements, rights, privileges and
concessions
- To apply for promote and obtain or join in
applying for promoting or obtaining any Act of Parliament, Provisional
Order, Royal Charter or Licence or any authority necessary for the
furtherance or realisation of any of the objects of the Association
- To pay all or any expenses incurred in
connection with the promotion, formation and incorporation of the
Association
- To do all such other lawful things as are
necessary for the attainment of the above objects or any of them
Provided that:-
- In case the Association shall take or hold
any property which may be subject to any trusts, the Association shall
only deal with or invest the same in such manner as allowed by law,
having regard to such trusts
- The objects of the Association shall not
extend to the regulations of relations between workers and employers or
organisations of workers and organisations of employers
- In case the Association shall take or hold
any property subject to the jurisdiction of the Charity Commissioners
for England and Wales, the Association shall not sell, mortgage, charge
or lease the same without such authority, approval or consent as may be
required by law and as regards any such property the Council of
Management or Governing Body of the Association shall be chargeable for
any such property that may come into their hands and shall be
answerable and accountable for their own acts, receipts, neglects and
defaults and for the due administration of such property in the same
manner and to the same extent as they would as such Council of
Management or Governing Body have been if no incorporation had been
effected, and the incorporation of the Association shall not diminish
or impair any control or authority exercisable by the Chancery Division
or the Charity Commissioners over such Council of Management or
Governing Body but they shall as regards any such property be subject
jointly and separately to such control or authority as if the
Association were not incorporated
- The income and property of the Association shall
be applied solely towards the promotion of its objects as set forth in
this Memorandum of Association, and no portion thereof shall be paid or
transferred directly or indirectly by way of dividends, bonus or
otherwise howsoever by way of profit, to members of the Association
Provided that nothing herein shall prevent any payment in good faith by
the Association:-
- of reasonable and proper remuneration to any
member, officer or servant of the Association for any services rendered
to the Association;
- of interest on money lent by any member of the
Association or of its Council of Management or Governing Body at a
reasonable and proper rate;
- or reasonable and proper rent for premises
demised or let by any member of the Association or its Council of
Management or Governing Body; and
- to any member of its Council of Management or
Governing Body of out of pocket expenses.
- No addition alteration or amendment shall be
made to or in the provision of the Memorandum or Articles of
Association for the time being in force so as to cease to be within
Section 30 of the Companies Act 1985.
- The liability of the members is limited
- Every member of the Association undertakes to
contribute to the assets of the Association in the event of its being
wound up while he is a member or within one year afterwards for payment
of the debts and liabilities of the Association contracted before he
ceases to be a member and the costs, charges and expenses of winding up
and for the adjustment of the rights of the contributories among
themselves, such amount as may be required not exceeding One Pound
- If upon the winding up or dissolution of the
Association there remains after the satisfaction of all its debts and
liabilities any property whatsoever, the same shall not be paid to or
distributed among the members of the Association, but shall be given or
transferred to some other body or bodies having objects similar to the
objects of the Association, and which shall prohibit the distribution
of its or their income and property to an extent at least as great as
is imposed on the Association under or by virtue of Clause 4 hereof,
such body or bodies to be determined by the members of the Association
at or before the time or dissolution and if and so far as effect cannot
be given to such provision then to some other body or bodies the
objects of which are the promotion of charity and anything incidental
or conducive thereto (whether or not the body or bodies in question
shall be a member or members of the Association) to be similarly
determined
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