1. The name of this corporation is The Carolina Geological Society, Inc.
2. The location of the principal office of the corporation is in the City of Durham, County of Durham, North Carolina, but it may have one or more branch offices at other places. Its registered office is 4425 Kerley Road, Durham, North Carolina 27705 and its registered agent is Stephen Duncan Heron, Jr., Durham County.
3. The purposes for which the corporation is organized are exclusively charitable and educational within the meaning of Section 501(c)(3) of the Internal Revenue Code including:
(a) to promote the geosciences, especially within the states of North and South Carolina;
(b) to promote and encourage their study in the schools and colleges of these states;
(c) to encourage research in these sciences and the presentation of its results;
(d) to promote a spirit of friendship and cooperation among the earth scientists within the area named;
(e) to engage in any activities which in the opinion of its board of directors may be desirable, necessary or helpful in the promotion of the above listed purposes.
4. For the purpose of carrying out the objects herein setforth, the corporation shall have power to receive donations, bequests, devises and gifts of money and property, both personal and real; to purchase, lease and otherwise acquire and hold, sell, mortgage, pledge and otherwise dispose of all kinds of property; to make gifts or grants to educational institutions and research organizations for educational purposes; to purchase and give to educational institutions or to individuals equipment and facilities incidental to or useful in promoting the purposes herein set forth; and generally to do any and all acts and things which may be deemed necessary or advisable for carrying out the purposes for which this corporation is formed.
5. The corporation is a non-stock, charitable, nonprofit and educational corporation, and its members shall include such person, firms, and corporations as shall meet the terms and conditions for members prescribed by the by-laws of the corporation.
6. The management of the corporation and its funds and properties shall be vested in a Board of Directors, which shall have the power and authority to make rules and regulations and to purchase, sell, lease, acquire, hold, mortgage, convey, give, grant, and otherwise dispose of all kinds of property, both real and personal. The number and terms of service of the directors of the corporation shall be as provided in its by-laws.
7. The period of existence of the corporation is unlimited.
8. Neither the incorporators nor directors shall be individually liable for the debts, defaults, or other obligations of the corporation.
9. In the event of dissolution, the residual assets of the organization will be turned over to one or more organizations which themselves are exempt as organizations described in sections 501(c)(3) and 170(c)(2) of the Internal Revenue Code of 1954 or corresponding sections of any prior or future law, or to the Federal, State, or local government for exclusive public purpose.
10. Notwithstanding any other provision of these articles, this corporation will not carry on any other activities not permitted to be carried on by (a) a corporation exempt from Federal Income tax under section 501(c)(3) of the Internal Revenue Code of 1954 or the corresponding provision of any future United States internal revenue law or (b) a corporation, contributions to which are deductible under section 170(c)(2) of the Internal Revenue Code of 1954 or any other corresponding provision of any future United States internal revenue law.
IN WITNESS WHEREOF, we the undersigned have hereunto set our hands and seals, as incorporators, and initial board of directors of the corporation this 12th day of April, 1985.
Stephen Duncan Heron, Jr., Wallace C. Fallow, Stephen G. Conrad, Donald T. Secor, Jr., Gail G. Gibson, Norman K. Olson, Kenneth A. Sargent