Name: The name of the corporation shall be The Friends of the Middleboro Public Library, Inc. (“Corporation”). The business of the corporation may be conducted as “The Friends of the Middleborough Public Library, Inc.” or “The Friends of the Middleborough Public Library” or “The Peter H. Peirce Homestead.”

Place of Operation: The Corporation shall maintain its principal office in Middleborough, MA. Currently, the Corporation’s principal office is located at 132 North Main Street, Middleborough, MA 02346. The directors may change the location of the principal office in the Commonwealth of Massachusetts effective upon filing a certificate of amendment with the Secretary of the Commonwealth.

Purpose: The Corporation is organized exclusively for charitable, educational purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax code.

More specifically, the Corporation’s purposes focus on the literacy and education components of IRS nonprofit 501(c)(3) classifications. Among other lawful activities, the Corporation may provide funding for programs offered by the staff of the Middleborough Public Library and enhance and enliven the experience of library users. It may sponsor educational and cultural programs for adults, teens, and children, and may partner with other organizations to benefit the community at large.

The Corporation will attempt to build a strong network of volunteers, donors, and partners who aspire to promote education, community engagement, and cultural preservation, thereby impacting the quality of life for residents of Middleborough and surrounding communities.

The Corporation will also manage the Peter H. Peirce Homestead at 132 North Main Street Middleborough to further fulfill its purposes, including the promotion of literacy and education within the community.

The Corporation will also manage and operate its off street parking lot located at 68 North Main Street, Middleborough for the convenience of patrons of the public library and visitors to the Peter H. Peirce Homestead. Such management and operation shall include selling, leasing or otherwise changing the use of that lot by lawful action taken by the Corporation.

Corporate Seal: The directors may adopt and alter the seal of the Corporation.

Fiscal Year: The fiscal year of the Corporation shall, unless otherwise decided by the directors, end on June 30 in each year.

Earnings: No part of the net earnings of the Corporation shall inure to the benefit of, or be distributed to its members, trustees, officers, directors, or other private persons, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes of the Corporation. No substantial part of the activities of the Corporation shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the Corporation shall not participate in, or intervene in (including the publishing or distribution of statements) any political campaign on behalf of or in opposition to any candidate for public office. Notwithstanding any other provision of these by laws, the Corporation shall not carry on any other activities not permitted to be carried on by a corporation (a) exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, or the corresponding 1 section of any future federal tax code; or (b) contributions to which are deductible under Section 170(c)(2) of the Internal Revenue Code, or the corresponding section of any future federal tax code.