HomeMy WebLinkAbout1874 by th~ lollavioq provi~ion~:
1. Th~ ~sociation ~hall have •11 0! ths c~ow~o~a lan+ aad
statutory powr~ o! a~orporatic~u uot !or prolit ~+hich as~~ not
in conllict vith th~ tsr~s o! th~~a Articl~~.
Z. Th~ 71~~ociation shall haw ths po~srs and Qnti~• to
(a) and eoll~ot a~~~oawnts aqa3nst iaembers to dslray
the ~xpaaas• of ths ~esociation.
tb) uss ths pro~sd~ ot a~s~saMats ia tha enerci~a o! its
pa+~re and duti~s.
~o) saintai.n, r~pair, raplae~ and opsrate th~ Property o!
1fIDTDl~IILL VILIJ?GE SY TH$ SSA RECR8ATI0l1 CuidTER.
td) purcha~~ in~nranoe upon th~ Pronss'tY and in~nrance
for the prot~etion oi the l~asociatioa and its ~embers.
t~I recon~truct imprava~ssnt~ altor casualty and to larther
i~aprov~e th~ property. ~
tt) sake and aa~nd reasaaable regulations reepectinq the
us~ of the p=opsrty.
{q) antosce by laqal aisans the ps+ovisiaas of thu• Articl~s,
the By~,ars o~ the lys~ociation and the requ2atioa~ for the uae of the
Pr~rtY •
(h) ~ontract ~or tha manaqn~ant ot the property and to
delaqats to such contractor all garers and dutie~ ct the Assoaiation.
(i) employ personnal to psrtvr~ ths •arvicr~ required tor
proper operation ot the proparty. -
tj) aperate, msintain and raqulate the w~ o~ th~ prop~rty
•ubject to lea~es by ~rember~ as I.~ss~es snd to act a~ the ~b~r~'
agent as ~asy b~ as~~~ary and canwni~nt vod~r said l~aa~~.
3. ~11 funds and the titl~s o! all ps+op~rtis~ aoquir~d by the
1~saoeiativri and ths procesda therso! ohall bs held ia trust !or the
~asmber~ in accordanw Mith tha provieion~ o! the~~ ~actialas of
Incorporation and tha Bylanr~. ~
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