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To accomplish the foregoing purposes, the corporation
shall have all corporate powers permitted under Florida law,
including the capacity to contract, bring suit and be sued,
and those provided by the "Condominium Act". No part of the
income of this corporation shall be distributed to the members,
directors and officers of the corporation. ~
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ARTICLE III. ~
Section 1. All unit owners of a condominium parcel
shall automatically be members, and their membership shall
automatically terminate when they are no longer owners of a
unit.
Section 2. There shall not be more than one (1)
voting member for each unit in the condominium and said member
shall be entitled to one (1) vote for each unit which he owns
at a meeting of the association. A~corporation or any individ;~al
with an interest in more than one (1) unit may be designated
the voting member for each unit in which he owns an interest. ~ ~
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ARTICLE IV. i
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~ This corporation shall have perpetual existence.
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~ ~ ARTICLE V.
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~ The names and residences of the subscribers are as
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fO110WS :
" Name Address
E. Snow Martin, Jr. ~ 910 Arcade Building
~ ~ 129 South Kentucky Avenue t
~ Lakeland, Florida 33801
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~ J. H. Jones 910 Arcade Building
~ , 129 South Kentucky Avenue
= ~ Lakeland, Florida 33801
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~ Michael D. Martin . 910 Arcade Building
~ 129 South Kentucky Avenue ~
~ Lakeland, Florida 33801 `
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