Article 3: Beneficiary Statement
During the Club’s existence, all monies shall be used for the maintenance and operation of The Litchfield Sportsmen’s Club, inc. in its endeavor to assist in the proper protection, propagation, conservation, and management of fish and wildlife, and to help others in this endeavor.
In the event that The Litchfield Sportsmen’s Club should dissolve, any monies and/or property left over shall be distributed as follows:
The building and land shall be offered as a gift to the Town of Litchfield as a community building.
All monies shall be placed into a scholarship trust fund for any student/s pursuing a career in a field for the proper protection, propagation, conservation, and management of fish and wildlife. (Career examples include, but are not limited to, game warden, veterinarian, marine biologist.)
At the time of the Club’s dissolution, the amount of this annual scholarship allocation shall be determined by a three-member committee consisting of 1) the Club’s outgoing President or his/her designee, 2) one member of the Town of Litchfield’s Board of Selectmen, and 3) one School Board member representing the Town of Litchfield.
