Word: sigma
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...Sigma Chi brothers were enticing Spring 2001 rushes with pool, Playstation 2 and poker at the chapter house, a broker was fielding offers from prospective buyers...
Prior to the meeting of the Pi Eta Speakers Associates April 18, 2001, the Pi Eta members put together a special agenda. Among the orders of business were to amend the bylaws to clear the board of Sigma Chis, request the resignation of Sigma Chis and conduct an election to fill all of the vacancies in the officership of the corporation. The Sigma Chi delegation walked out and filed a suit against the Pi Etas in Middlesex Superior Court the next day. Not to be outdone, Pi Eta filed a countersuit against Sigma...
...center of the case is the question of the 1996 agreement. Sigma Chi says they lived up to their end of the deal—paying off taxes, spending more than $100,000 on capital improvements, putting in 6,000 man-hours of “sweat equity” labor and trying to foster a relationship with the Pi Eta alumni through social functions. They claim that these actions have given them an ownership interest in the house and that by removing the Sigma Chi members of the Pi Eta Speakers Associates, Pi Eta alumni...
Furthermore, they argue that the agreement implicitly ensured that Sigma Chi members would retain their seats as long as they upheld the agreement. The votes taken at the April 18 meeting therefore are “void and without effect because they are contrary to public policy and law, they are in violation of the purposes of the Corporation, they are contrary to the Corporation’s contractual obligations, they are inconsistent with principles of natural justice and they would deprive the Kappa Eta/Sigma Chis of property rights and/or personal privileges...
...would be a ‘feeling out’ period, and that the Pi Eta alumni would be able to ‘unwind’ the arrangement if, during that ten-year period, the Pi Eta alumni wished to do so.” Additionally, they deny Sigma Chi’s claim that there was any decision that Sigma Chi members would have an ownership interest in the house...