Title 16, Title 16: CORPORATIONS AND ASSOCIATIONS, RELIGIOUS

16:12-13 Special parish meetings. 16:12-13. Special meetings of the parish for any of the purposes provided in this article may be called by the rector at any time, or if there be no rector, by the wardens, upon the same notice as prescribed in R.S.16:12-10. The notice shall spec…

16:12-14 Changes; procedure. 16:12-14. Any parish of the Protestant Episcopal Church, however incorporated, may change its corporate title, the number of its vestrymembers, the terms of office of its wardens and vestrymembers, or the date of its annual meeting. Such changes shall…

16:12-15 Consolidation of parishes. 16:12-15. Two or more incorporated parishes of such church may consolidate and become one parish in the following manner: A meeting of the vestry of each parish may be called by the rector or wardens upon one week's notice to each member. If ea…

16:12-16. Property of extinct parish If and when the convention of said church which has ecclesiastical jurisdiction over a parish shall determine that regular church services are no longer maintained by such parish, or that the parish no longer elects wardens and a vestry in acc…

16:12-17. "Parish" as meaning "congregation" The word "parish" when used in this chapter shall be construed to be equivalent to "congregation" whenever necessary to carry out the object and intent of the chapter.

16:12-18. Incorporation When any diocese now or hereafter created in this State under and by virtue of the authority of the general convention of the Protestant Episcopal Church in the United States of America shall desire to incorporate, the convention of the diocese may, at any…

16:12-19. Powers; holding property in trust Such corporation shall have all the powers enumerated in section 16:1-4 of this title, except the power stated in paragraph "i" of said section. All the estate and property of such diocese shall be vested in and managed by such corporat…

16:12-2 Certificate; execution, filing, recording. 16:12-2. A certificate shall be executed, under the hands and seals of the chairperson and secretary of the meeting and acknowledged or proved in the same manner as deeds of real estate, setting forth: a. That the meeting was cal…

16:12-20. Trustees; certificate of incorporation; filing; powers The corporation may appoint or elect as trustees, in such manner as may be determined, not less that five discreet persons, who are members of the Protestant Episcopal Church, and citizens of this state, residing wi…

16:12-21. Management of funds; property in trust Such trustees shall have the management and care of any fund already existing, or which may hereafter be contributed, acquired or received, and any accumulations thereof, for the support of the episcopate of the diocese, and the ap…

16:12-22. Statement of proceedings and account; removal of trustee; filling vacancy Such trustees shall present to each regular diocesan convention a statement of their proceedings, exhibiting the condition of the fund, together with an account of their receipts and disbursements…

16:12-23. Division of property on division of diocese When any diocese of the Protestant Episcopal Church in the United States of America within the state of New Jersey, has been or shall be divided into two or more dioceses, the body of trustees holding in trust or having contro…

16:12-24. Change of corporate names; filing certificate The incorporated convention of any diocese of the Protestant Episcopal Church may, by resolution at any regular meeting thereof, change the corporate name of the diocese or the corporate name of any or all boards of trustees…

16:12-25. Effect of change on property rights and liabilities After such change of name such corporations shall respectively hold, convey and administer, under and by their new name, all the property, estates, trusts, rights, privileges and franchises which they had under their f…

16:12-26. Establishment of trust fund The Diocesan Convention of any Diocese of the Protestant Episcopal Church within the State of New Jersey may, by canon or by-law, establish a common trust fund for the purpose of furnishing investments to itself and to any trustees, incorpora…

16:12-27. Investment in trust fund Notwithstanding the provisions of any other law of this State in any way limiting the right of said trustees, parishes, congregations, societies, chapels or missions as fiduciaries or otherwise, to invest funds held by them, it shall be lawful f…

16:12-28. Name of fund; management; incorporation; powers of corporation Said common trust fund, shall be designated as the Diocesan Investment Trust of the Diocese of (name of Diocese) and shall be under the management and control of trustees who shall be elected as provided by …

16:12-29. Authority to retain investments The corporation is authorized to retain in its absolute discretion and for such period as to the said trustees shall seem advisable any and all investments and other properties which may be entrusted to it by any of the said trustees, par…

16:12-3. Powers Any parish of the Protestant Episcopal Church, duly incorporated hereunder or under any other law or charter or letters patent, notwithstanding any restriction contained in its charter, letters patent, act of incorporation, or certificate of organization, shall ha…

16:12-30. Reinvestments; securities in which funds may be invested The corporation is also authorized to change investments and properties and to invest and reinvest all or any part of the fund in such securities, investments, or other property as to the said trustees shall seem …

16:12-31. Dividends The corporation shall pay ratably among the holders of shares or interests then outstanding, annually, or, in the discretion of said trustees, more frequently, dividends which shall approximately equal in each fiscal year, the net income of the trust, after es…

16:12-4 Consent by bishop, committee required for certain transactions. 16:12-4. No sale, conveyance or mortgage of any real estate other than burial lots in churchyards or cemeteries, and no lease for a longer term than one year shall be made by such corporation without the prev…

16:12-5. By-laws By-laws made by any such corporation shall be consistent with law and with the constitution and laws of the Protestant Episcopal Church.

16:12-6 Members and officers. 16:12-6. The rector shall be a member and the presiding officer of every such corporation, but if there be no rector, the wardens and vestrymembers shall constitute the corporation, and one of the wardens shall be elected the presiding officer. A cle…

16:12-7 Rector; filling vacancy. 16:12-7. When a vacancy shall occur in the office of rector, in any manner whatsoever, the wardens and vestrymembers, two-thirds of them concurring in the choice, may, subject to the constitution and canons of the Protestant Episcopal Church in th…

16:12-8. Meetings of vestry Meetings of the vestry shall be called on at least twenty-four hours' notice by: a. The rector at any time; b. The wardens, if there is no rector, or if the rector is absent from the diocese for three calendar months, or is incapable of acting, or if t…

16:12-9 Vestry; quorum. 16:12-9. To constitute a quorum of the vestry there must be present either: a. The rector, one of the wardens and a majority of the vestrymembers; or b. The rector, both wardens and one less than a majority of the vestrymembers; or c. The rector and two-th…