Any male person who has not attained the age of eighteen (18) years may, through any member of the Society in good standing, apply for junior membership in the Society. The application shall be accompanied by payment to the Treasurer of the Society of such amount as, at the time of application, shall be deemed by the Board of Managers to be sufficient, if placed at interest and compounded annually, to produce on the person’s eighteenth (18) birthday the lump sum payment required for life membership. When the person attains the age of eighteen (18), he shall become a life member of the Society. If said person dies before attaining the age of eighteen (18), the moneys held by the Treasurer of this Society in his behalf together with the interest thereon accumulated shall be retained by the Society. Every application for membership filed under this Section must comply with all the requirements as set forth in Section III of these ByLaws.

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