HomeMy WebLinkAbout2006 each person voting being entitled to cast his votes for each af as
many nominees as there are vacancies to b~ fi~led. There sha~~ b~
no cumulative voting.
d. Except as to vacar.cies provided by re:r,oval
of directors by members, vacancies in t'r:e board of direct~rs occurr-
ing between annual meetings of r.,e~^,bers sna11 be filled by the re-
maining directors.
e. Any director n,Gy be removed by concurrencz
of two-thirds of the votes of the eatire r;e:nbership at a spec~.al
meeting of the members callea ~or ~hat purpose. T:~e vacancy i:~
the board of directors so createa s:~.all be fil~ed by t'~e mez~: ers
of the Association at the sar.~.e r~.eetinc. '
f. Provi::e3, ;owever, ~.'~at until the Lessor i~
no longer obligatsd to share ir: :,r.e ex~enses of the Recreatiar. Csn~er
and of the Association, and its men~ership in the AsSaciatior. has
terminated as provided for in the Articles of Incorporatio:. of t::z
Association, the first directors of the Assc~ciation shall serve, and
in :he event of vacancies the remaining d~rectors shall fi31 t~:e
vacancies, and if there are no remaining directors tne vacancias sha~l
be filled by the Lessor.
3.3. The term of each direc~or's service snal~ exte:.d ;
until the next annual meeting of tlie ne.-;wers and subsecruently ~:nt~2
nis successor is duly elected ancx qual~fied or until he is removeu
in the manner elsewhere provided. -
~ 3.4. ~he arcanizatior. ,:~~eting of a- newly-electea board
of directors shall be held wi w in ter~ {10 ) days of their electior. at
such place and time as shall be fixed by the directors at the :r~ezting
at which they were elec~ed, and no £urt~er notice of the organizatio:.
meeting shall be necessary.
3.5. Regular neetings of t:ze board of directors 7ay
be held at such time and place as shall be determined, from-ti:~e to
time, by a majority of the directors. Notice of regular meetir.gs
shall be given to each director, persor,ally or by mail, te2epnor,e or
.
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