Page:United States Statutes at Large Volume 72 Part 1.djvu/1733

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[72 Stat. 1691]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 1691]

72 S T A T. ]

PUBLIC LAW 86-870-SEPT. 2, 1958

1691

Public Law 85-870 AN ACT To inc(>ri><)rate the Big Brothers of America.

SeptetWber 2, 1958 [S.3728]

Be it enacted by the Senate and Flouse of Representatives of the United States of America in Congress a.<^sembled, That the following Amificar°incOTpol)ersons: Charles G. Berwind, Philadelphia, Pennsylvania; Mark ration. Willcox, Junior, Philadelphia, Pennsylvania; Earle S. Thompson, New York, New York; Archie O. Dawson, New York, New York; Isadore A. Wyner, New York, New York; and their successors, are hereby created and declared to be a body corporate of the District of Columbia, where its legal domicile shall be, by the name of the Big Brothers of America (hereinafter referred to as the corporation) and by such name shall be known and have perpetual succession and the powers, limitations, and restrictions herein contained. C O M P L E T I O N o r ORGANIZATION

SEC. 2. A majority of the persons named in the first section of this Act are authorized to complete the organization of the corporation by the adoption of a constitution and bylaws, not inconsistent with this Act, and the doing of such other acts (including the selection of officers and employees in accordance with such constitution and bylaws) as may be necessary for such purpose. PURPOSES o r THE CORPORATION

SEC. 3. The purposes of the corporation shall be to aid and assist boys throughout the United States of America and Canada in the solution of their social and economic problems, and assist in their health, educational and character development; to promote the use of the techniques of such assistance developed by the corporation, by other lay and professional agencies and workers, to receive, invest, and disburse funds and to hold property for the purposes of the corporation. CORPORATE POWERS

SEC. 4. The corporation shall have power— (1) to have succession by its corporkte name; (2) to sue and be sued, complain, and defend in any court of competent jurisdiction; (3) to adopt, use, and alter a corporate seal; (4) to choose such officers, managers, agents, and employees as the business of the corporation may require; (5) to adopt, amend, and alter a constitution and bylaws, not inconsistent with the laws of the United States or any State in which the corporation is to operate, for the management of its property and the regulation of its affairs; (6) to contract and be contracted with; (7) to take by lease, gift, purchase, grant, devise, or bequest from any private corporation, association, partnership, firm, or individual and to hold any property, real, personal, or mixed, necessary or convenient for attaining the objects and carrying into effect the purposes of the corporation, subject, however, to applicable provisions oi law of any State (A) governing the amount or kind of property which may be held by, or (B) otherwise limiting or controlling the ownership of property by, a corporation operating in such State;