This action might not be possible to undo. Are you sure you want to continue?
JAN 22 1973
(ENDORSED) FILED FEB 5 1973 O. PFEIFLE D. SOUZA Clerk 30941
ARTICLES OF INCORPORATION OF
THE STANFORD DAILY PUBLISHING CORPORATION
The undersigned do hereby associate themselves for the exclusive purpose of organizing and operating a non-profit corporation for educational purposes.
FIRST: The name of this corporation is The Stanford Daily Publishing Corporation. SECOND: This corporation is organized pursuant to the General Non-Profit Corporation Law of the State of California. THIRD: The purposes for which this corporation is formed are: 1. The specific and primary purpose is to publish The Stanford Daily, a newspaper, for the Stanford University community. 2. The general purposes are: (a) To provide an educational opportunity to the Stanford University students to gain journalistic writing, photographic and business experience at Stanford University; (b) To act as a major source of news relating to or otherwise of interest to the Stanford University community. (c) To maintain high standards of objectivity and fairness in the activities listed above; specifically, news and opinions should be clearly separated and persons having opinions conflicting with those published should be given reasonable opportunity to reply in the Stanford Daily; (d) To engage in such educational publishing activities that may from time to time be recommended by the Editor-in-Chief and approved by the Board of Directors; no such publication should be undertaken if it is reasonably anticipated that it will result in a significant adverse effect on the The Stanford Daily Publishing Corporation. (e) To engage in any activities which are reasonably incidental to the above mentioned purposes which may be recommended by either the Editor-in-Chief or Business Manager and approved by the Board of Directors. (f) To have and exercise all rights and powers now or hereafter conferred under the laws of the State of California, subject, however, to the purposes and provisions set forth in these Articles; and (g) Notwithstanding any of the above statements of purposes and powers, this corporation shall not, except to an insubstantial degree, engage in any activities or exercise any powers that are not in furtherance of the primary purpose of this corporation.
ENDORSED IN THE OFFICE OF THE SECRETARY OF THE STATE OF CALIFORNIA, EDMUND BROWN JR. JAN 22 1973
(ENDORSED) FILED FEB 5 1973 O. PFEIFLE D. SOUZA Clerk 30941
FOURTH: This Corporation is not organized, nor shall it be operated, for pecuniary gain or profit, and it does not contemplate the distribution of gains, profits, or dividends to the members thereof, and is organized solely for nonprofit purposes. FIFTH: No substantial part of the activities of this corporation shall consist of carrying on propaganda, or otherwise attempting to influence legislation, and the corporation shall not participate or intervene in any political campaign, including the publishing or distribution of statements, on behalf of any candidate for public office. SIXTH: Notwithstanding any other provision of these Articles of Incorporation, the corporation shall be subject to the following limitations and restrictions: (a) The corporation shall distribute its income for each taxable year at such time and in such manner as not to become subject to the tax on undistributed income imposed by the SS 4942 of the Internal Revenue Code of 1954, or corresponding provisions of any subsequent federal tax laws. (b) The corporation shall not engage in any act of self-dealing as defined in SS4941(d) of the Internal Revenue Code of 1954, or corresponding provisions of any subsequent federal tax laws. (c) The corporation shall not retain any excess business holdings as defined in SS4943(c) of the Internal Revenue Code of 1954, or corresponding provisions of any subsequent federal tax laws. (d) The corporation shall not make any investments in such manner as to subject it to tax under SS4844 of the Internal Revenue Code of 1954, or corresponding provisions of any subsequent federal tax laws. SEVENTH: (a) The property of this corporation is irrevocably dedicated to educational purposes, and no part of the net income or assets of this organization shall ever inure to the benefit of any director, officer or member thereof or to the benefit of any private persons. Upon the dissolution or winding up of the corporation, its assets remaining after payment of, or provision for payment of, all debts and liabilities of this corporation, shall be distributed to the Associated Students of Stanford University, a non-profit fund, foundation, or corporation which is organized and operated exclusively for educational or charitable purposes meeting the requirements for exemption provided by SS214 of the Revenue and Taxation Code of the State of California, and which has established its tax exempt status under SS501(c)(3) of the Internal Revenue Code. If the Associated Students of Stanford University does not then meet the requirements of SS214 of the Revenue and Taxation Code of the State of California and as not established its tax exempt status under SS501(c)(3) of the Internal Revenue Code, then said remaining assets shall be distributed to a non-profit fund, foundation or corporation which is organized
ENDORSED IN THE OFFICE OF THE SECRETARY OF THE STATE OF CALIFORNIA, EDMUND BROWN JR. JAN 22 1973
(ENDORSED) FILED FEB 5 1973 O. PFEIFLE D. SOUZA Clerk 30941
and operated exclusively for educational or charitable purposes meeting the requirements for exemption provided by SS214 of the Revenue and Taxation Code of the State of California, and which has established its tax exempt status under SS501(c)(3) of the Internal Revenue Code. (b) If this corporation holds any assets in trust, or the corporation is formed for charitable purposes, such assets shall be disposed of in such a manner as may be directed by decree of the Superior Court of the County in which the corporation has its principal office, upon petition therefor by the Attorney General or by any person concerned in the liquidation, in a proceeding to which the Attorney General is a party. EIGHTH: The authorized number, if any, and qualifications of members of the corporation, the filing of vacancies, the different classes of membership, if any, the property, voting and other rights and privileges of members and their liability to dues and assessments and the method of collection, and the termination and transfer of membership shall be as stated in the By-Laws. Provided, however, that if the voting, property or other rights or interests, or any of them, be unequal, the By-Laws shall set forth the rule or rules by which the respective voting, property or other rights or interests of each member or class of members are fixed and determined. NINTH: Members of this corporation are not personally liable for the debts, liabilities or obligations of the corporation. TENTH: The County is this State where the principal office for the transaction of the business of the corporation is located is Santa Clara County. ELEVENTH: The number of Directors of this corporation shall be nine (9). The number of directors provided for herein may be changed as provided by law. The names and addresses of the persons who are to act in the capacity of directors until the selection of successors are: Mr. William Battle PO BOX 4367 Stanford, CA 94305 Mr. Stephan Bergren 1940 California St., Apt. #17 Mountain View, CA 94040 Ms. Diana Field
ENDORSED IN THE OFFICE OF THE SECRETARY OF THE STATE OF CALIFORNIA, EDMUND BROWN JR. JAN 22 1973
(ENDORSED) FILED FEB 5 1973 O. PFEIFLE D. SOUZA Clerk 30941
529 Matadero, Apt. #1 Palo Alto, CA 94306 Charles Hoffman 220 Corto Madera Portola Valley, CA 94025 Mr. James D. Wascher PO BOX 3965 Stanford, CA 94305 Ms. Pat Newport a/o Crown Zellerbach Corporation 1 Bush St. San Francisco, CA
This action might not be possible to undo. Are you sure you want to continue?
We've moved you to where you read on your other device.
Get the full title to continue reading from where you left off, or restart the preview.