BY-LAW NO. 1

BE IT ENACTED as a BY-LAW relating generally to the transaction of the affairs of the LAKE CLEAR CONSERVANCY (hereinafter called the "Conservancy") as follows:

1. NAME
The name of the Corporation shall be the LAKE CLEAR CONSERVANCY.

2. HEAD OFFICE
The Head Office of the Conservancy shall be located in the Township of Sebastopol, or its successor municipality, in the County of Renfrew, in the Province of Ontario, at the place therein that the Board from time to time determines.  Operations of the Conservancy may be carried on in Ontario, and throughout Canada.

3. CORPORATE SEAL
The Seal of the Corporation shall be in the form impressed in the margin of this By-law.

4. OBJECTS
4.1 The primary object of the Conservancy shall be to preserve and protect the natural, environmental, historical and cultural heritage of Lake Clear and its environs by:

(a) working in cooperation with all levels of government, other like-minded organizations or agencies, landowners, and other interests in  the initiation of projects, and in the acquisition, stewardship, and management of land for purposes of conservation.

(b) supporting on-going educational programs through the production and distribution of materials promoting conservation and the purposes of the Conservancy, and

(c) promoting and encouraging alternative land management techniques by local landowners, and agricultural and industrial interests.

4.2 In support of the primary object, but without limiting the Conservancy in any way, secondary objectives shall be to:

(a) solicit, receive and administer donations and bequests of real or personal property, and money, and to engage in fund-raising activities;

(b) invest and borrow funds, and enter into contracts and other arrangements;

(c) manage and maintain acquired lands and/or partial interests, and

(d) do all such things as may be required toward attaining the objectives of, and exercising all the powers given the Conservancy under the Canada Corporations Act.