The Lady Masters and Past Masters Association 

 1. The name of the Association shall be ‘LADY MASTERS’. 
 2. The Association is successor to the organisation known as the Lady Masters Network, founded in 2011, which will cease to exist on the formation of the Association. 
 3. The aims of the Association are: (i) the maintenance and promotion of fellowship among ladies who are members of the Association; and (ii) the support of charity.
 4. Membership of the Association shall be open to ladies who hold or have held the office of: (I) Master, Prime Warden or Upper Bailiff of either a Livery Company of the City of London, or a Guild or Company without Livery and formed under the auspices of the Court of Aldermen; or (ii) President of the City Livery Club, or President of the Guild of Freemen; or (iii) Sheriff or Lord Mayor of the City of London. 5. The affairs of the Association shall be entrusted to a Committee consisting of no more than 9 members, excluding the officers, who shall comprise a Chairman, two Vice-Chairmen, Secretary, Treasurer and Membership Secretary.
 6. On being admitted to the Association, every member shall pay a joining fee of £20.00 and annual subscription of £25.00 (or such other sum as the Committee may determine) commencing on or before the following 1st November. 
 7. (i) A General Meeting of the Association shall be held annually when the accounts for the previous financial year ended on the 31st October shall be presented, and members of the Committee and Officers shall be elected. (ii) One third of the committee shall retire by rotation and may stand for re-election subject to the maximum term conditions. The maximum term of service as a committee member shall be two terms of three years, except when an extension of up to one further year is agreed by a majority of members at a General Meeting. 8. The Committee may at any time fill any vacancy and may also co-opt Members to assist in the work of the Committee. Any Member so appointed or co-opted shall retire from office at the next Annual General Meeting but may then stand for election to the Committee. 
 9. Changes to this Constitution may be made by simple majority at a General Meeting. 
 10. The Association may pass by a majority comprising three quarters or more of members present at an Annual General Meeting, a resolution of its intention to dissolve. Upon dissolution, any money balance shall be remitted to the Lord Mayor’s Appeal current at the time. 

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