Re: Life Memberships

Peter Dettmann wrote:
On Thu, 1 May 2008 15:48:15 CST, Jack Wise <jwise@xxxxxxxxxx> wrote:


Here in Texas it is done differently than others have posted.

First, a side comment to differentiate between "Endowed Membership" and "Life Memberships".

A "Life Membership" is a gift from the Lodge to a member who has distinguished himself in service to the lodge. A "Life Membership"


Ok but it occurred to me that 'Life Membership' may have obvious
limitations, such as when a Brother is excluded for one reason or
another. What then happens to the money he paid in ?

Also in the case where his Lodge ceases operations. He would then be
not a life member ?

Peter


Hi Peter:

A "Life Membership" in Texas is a gift of the lodge to a specific member. An "Endowed Membership" is purchased and and is a 'contract' between the member and his lodge. The rules of the contract are spelled out in Grand Lodge Law. The Member agrees to pay a sum in advance. In exchange for said payment the member is exempted from further payment of dues in that specific lodge. The endowment is not transferable except for when the lodge becomes demised or consolidates with another lodge. The payment is not refundable. Nor is it transferable except under the conditions outlined above.

The member has the satisfaction of knowing he has made a gift to the lodge that will continue to provide income to the lodge in perpetuity



--
Jack Wise

Secretary, Oak Wood Lodge No. 1444, AF & AM, The Woodlands, TX
(www.txmason.com) ( Lodge E-Mail: oakwood1444@xxxxxxxxxx )

PM, Jacques DeMolay Lodge No. 1390, AF & AM, Houston, TX
( www.jd1390.org/jdmlodge.htm )

TEXAS red wine: renowned for its smoky-mesquite-bbq & jalapeno
overtones, the perfect foil for a meal of tacos and refried beans...

.

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