Any member may secure membership which shall descend to a member of his or her family qualified under the Constitution and By-Laws of the Association for membership therein, in perpetuity, by the payment at one time of two hundred and fifty dollars. The person to hold the membership may be designated in writing by the creator of such membership, or by the subsequent holder thereof subject to the approval of the Board of Trustees. Section 4. All receipts from life and perpetual memberships shall be set aside and invested as a special fund, the incom.e only to be used for current expenses. Section 5. Honorary and Corresponding Members and persons who hold perpetual memberships shall be exempt from the payment of dues. Section 6. The Board of Trustees shall have power to excuse the nonpayment of dues, and to suspend or expel members for non-payment when their dues remain unpaid for more than six months.

ARTICLE Vn. Meetings.

Section i. The annual meeting of the Association shall be held on the last Tuesday of July 'in each year. Notice thereof shall be sent to each member at least ten days prior thereto. Section 2. Special meetings of the Association may be called at any time by the Board of Trustees, and must be called upon the written request of ten members. The notice of such meeting shall specify the object thereof, and no business shall be transacted thereat excepting that designated in the notice. Section 3. Ten members shall constitute a quorum at any meeting of the Association. Section 4. The Board of Trustees shall arrange for the holding of a series of meetings at Lake George during the summer months, for the readings of original papers on history and kindred subjects, and for social intercourse between the members and their guests.