Crown Royalties Investment Club Charter
Objective: The CRIC aims to educate St. Lawrence University Students about investing
in the stock market.
Article 1 – Definition of Organization’s Functions:
The organization will be referred to as Crown Royalties Investment Club and it will serve
to educate students about financial markets, investing techniques and all associated
terminology.
Article 2 – Organizational Structure:
The organization will have the following positions: President, Portfolio Manger, V.P. of
Education and V.P. of Investments.
1. President: is responsible for ensuring that the organization’s objectives are
consistently met. Duties of the office include University representation, providing
weekly agendas and listening to group input. The President will discuss all
investment decisions with the Executive Committee and shall be responsible for
relaying all finalized investment decisions to the organization’s faculty advisor or
whoever is currently managing the club’s portfolio.
2. Portfolio Manager: is responsible for executing and monitoring the investment
philosophy as seen fit by the Executive Committee.
3. V.P. of Education: is responsible for providing members with the necessary
knowledge and tools to make educated investment and career decisions.
4. V.P. of Investments: are responsible for the thorough analysis of stocks and
sectors as guided by the Portfolio Manager. There shall be no more than seven
V.P. of Investments positions available.
5. Executive Committee: is responsible for finalizing all investment decision and
shall consist of the President, V.P. of Education and Portfolio Manager. Each
member of the committee shall have equal voting power. The main responsibility
of the committee shall be to provide a sound investment philosophy, given the
current market conditions, which is followed religiously and properly executed.
The faculty advisor shall have veto power over all decisions.
Article 3 – Organization Operations:
The organization will use the following guidelines for organization meetings to ensure
that meetings are fair and equitable for all group members.
1. Voting: All group members will have the right to submit new ideas regarding the
investment portfolio. All investment decisions will be voted on by the group and
ratified by the majority (51%). In order for a member to be eligible to vote they
must have been present at the club’s previous meeting. Voting must be done by
Wednesday, 12pm after every meeting on Tuesday nights.
2. Elections: In order to be eligible to be elected to a position a member must have
achieved active member status for at least one semester and have held a V.P. of
Investments position. Additionally, only the President, Portfolio Manager and
V.P. of Education positions shall be voted on each semester and elected by the
majority (51%). V.P. of Investments positions shall be applied for and elected by
the members on the Executive Committee.
3. Meetings: The group will meet weekly to discuss the status of the organization’s
portfolio. Meeting times will be communicated to members through the
organization’s website and emails.
4. Membership: Organization membership is open to all members of the St.
Lawrence community who wish to learn about finance and investing. All
members must attend at least all of the organization’s meetings to be considered
an active member. Those who fail to meet this requirement will have access to the
organization’s website and emails revoked. Understandably, conflicts arise.
Missing meetings due to a conflict is acceptable as long as that member completes
his or her task for that week’s meeting in due time.
Article 4 – Supremacy Clause
The Constitution and By-Laws of the Thelomathesian Society supersede all articles of
this Charter.