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HomeMy WebLinkAbout1876 CBNTER, iNC., ar Leasor. 1i'hea th~ other ~ne~r~ o! thie At~ociation ar~ abligat~d to pay all of Lh~ ~xp~n~~s o! thi• AasociatioA as pro- ' , vid~d for in ~aid l~a~e~, th~n 1~INOMiLL VZt.Ia?GS BY TRE 8E11 RECRE~?TIO'1 ~ C81~1'ER, ZNC. ahell not share in ths axpen~e• o! thi• ~s~oaiatioa. i ~ I 5. The msmbere ot the Aesociation ehall bs entitled to vote j in the same proportion that they ahare thd"expsnss~ o! !he l?~sooiation. ° The saact avnober o! v~otes to b~ cast aad the manner o! exercie~ing ~ votinq riqhts ehell be~ d~teu+e~intd by tbe Bylaws of the Asaaciation. , JURTIL'i.E V. ~ ~ DIRECTORS ' ' E • E 1. Tha a~tairs ot the Association Ni21 be managad by a board j , consisting o! the nv~bsr o! directors shall ba detera~ined by the ) Bylavs, but not leas than thres dir~ctors, and 1n the abs~ACS ot~such clet~rmination shall con~ist o! thr~ directors. 2. Directors of the Aasociation ~hall be elacted at the annual ~ msetinq of the a~smbers in the manaer deteroin~d by the BylaMS: Dfr~ctor~ ; may be remaved and vacancies ou the board o! directors ahall be tilled ~ in the manner provida~ by the Bylaws. 3. The tirtt elsction o! directors ehall not be held until i MINDMILL VII,L7~GB BY TAB SB~I RBCRSATZON CSNTER, ?NC. , ae Leesor, h,na ~ lsasad to a su~lfafeat numbsr~ of Lsasees so that the Leasees are ob- ~ liqated to pay ~11 of the a~cpenssa of thia xssociation as providad !or in said laasea. The direotors her~in na~sed shall serve until the lirst election ol.diraators, and any vacancies in th~ir number occurr- ing before the lirst elect3oA sha21 ba tilled by the rsmaining airsctors. 1. The namo~ and addreases o! th~ ~bszs o! the liret board ' ~ o! director• Mho ahall hold offioe until thsir suaaeeeors are ~ elected and h~?v~e qualilied, or until s~moved, ara ao folla+: it 1{ ' / -4- ~ Y ~ ~ . . V ~ ~~'~~~r ~ . « . . . . I W - ~ ~ , ~ ~ ` ~ ' ~ - r~