Revised on December 28^th, 2025

Denver Mining Club Corporate Documents

NAME:

The Denver Mining Club, Ltd.

INCORPORATED

March 19, 1971, under the laws of the State of Colorado as a nonprofit corporation.

OBJECTIVES AND PURPOSES:

As stated in the Articles of Incorporation, and including supporting education related to mining.

AFFAIRS AND MANAGEMENT:

As stated in the Articles of Incorporation, except that the number of Directors has been increased from five to six and seven elected Officers serve on The Board, for a total of 13. Additional rules and procedures adopted July 12, 1990, will also be used for the operation and management of the Club.

MEMBERS:

Anyone filling in a membership application form while attending a meeting is eligible for membership. Members present shall vote on the application.

DIRECTORS:

Directors shall be selected from the membership of The Denver Mining Club by a majority of The Board. The Board shall select a Board Chairman from among its members.

OFFICERS:

Officers shall be President, Vice–President, Recording Secretary, Treasurer, Program Chairman, Historian, and House Committeeman.

Officers shall be selected by the Board and shall have the right of vote equal to that of Directors.

The Chairman of the Board shall appoint an ad hoc committee to seek out a suitable candidate for any vacant office or directorship.

ELECTION AND TENURE:

Current Officers shall continue to serve in their present capacities until the first Board meeting of January, at which time the term of office shall be set at one year. At the first Board meeting in January, the Board shall decide by a majority of Board members present to vote whether each Board member shall be reelected for another one–year term. There will be no limit on the number of one–year terms a Board member may serve. Other candidates who wish to serve on The Board may present their names at the Board's third quarterly meeting. The President shall announce this upcoming opportunity one month before The Board's third quarterly meeting.

A ballot containing names of current members of the Board, as well as new candidates expressing a desire to serve on the Board, is prepared and voted on by the current Board. Tellers tally the votes and announce the results. Nominations are then open for each officer position from those elected to the Board, beginning with the President. The Board members not elected to officers positions become the new Directors. The new Board then elects a Chairman of the Board.

MEETINGS:

Membership meetings shall be luncheon meetings held every Thursday, except when that date falls on a holiday or is changed by the President or the Chairman of the Board, owing to unusual circumstances or conflicting events.

The Board meetings shall be held quarterly in January, April, July, and October.

Special meetings may be held at times deemed necessary by the Chairman; these meetings may be held by telephone if such expediency is necessary.

DUES:

There shall be no dues. Each attending member is requested to contribute to the Gold Pan at each weekly meeting an amount suggested by The Board of Directors.

EXPENSES:

The President is authorized to meet any single operational, or in–house, expense that does not exceed $100, without the authorization of The Board. Expenses greater than $100 must be approved by a majority of those present at The Board meeting.

AUDIT:

An audit committee of two directors shall be appointed by the Chairman of the Board to review the Treasurer's books. The audit shall be done at least once a year and at such time as there is a change in incumbent in the office of Treasurer.

Adopted by a majority vote of The Board members present on July 12, 1990:

Richard W. Lemke, Chairman
Heinz Siegel, President
Robert B. Hall, Vice–President
Richard Beach, Secretary
Melford H. Salsbury, Honorary Secretary and Acting Treasurer
Jane P. Ohl, Program Chairman
Doris Smith, Historian
Page Edwards, Director
John Franz, Director
Allan Rogers, Director

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