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nas oeen recorded t'or orie (3} year, vinichever occurs
first, the first Directors of the ~ssociation ~hall E
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serve, and in the event of vacancies, the rer~.aining i
directors shall fill the vacancies, and if there are
no remaining directors, the vacancies shall be filled
by the Developer.
3•3 mhe term of each director's service, sub~ect to
the provisions of 3.2 (f) above, shall extend until the next
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annual meeting of the members and subsequently until his
successor is duly elected and qualified or until he is
removed in the manner e2sewhere provided. ~
3.4 The organization rr.eeting of a newly-elected Board of
Directors shall be held witnin ten (10) days of their election
at such place and time as shall be fixed by the Directors a~
the meeting at which they k~ere elected, and no ~~rtr.er notice
of the organization meeting shall be necessary.
3.5 ~egular meetin~s of the ~oard of Directo:s may be
~ held at such time and place as shall be determined, fro.^~ tir.:e
~ . to time, by a n~a~ority of the directors . Notice of re ;u~r
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~ meeLii:gS ..~-Iliill UC ~jlVGil LV GGI~.'il Li~i'ct,.1+V1 ~ ~ci.~vi~.il~j% va vy 1~ 111
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~ ~elephor.e or telegraph, at least three (3) days prio~ ~o ine ciay
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~ na*~ed for such meeting.
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y 3. S SpeciGl rr~etir.gs of the directors rray be called by ;
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~ t::e President and must be called 'oy the Secretary at t'r.e writLen
~ recuest of one-tnird of the directors. Not less than three l3)
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~ days notice of the meetir.g shall be given personally or by r~ail, }
r telephone or telegraph, which notice sYiall state the ti:r?e, p2ace ~
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a:~d purpose of the c~eeting.
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b :tiaiver o~' no~ice. kny d~rector r.~ay waive notice of
_ a ~ee;,~ng before or after the r,eeting arr~:ii such waiver shal~ ce ~
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- dee::ea equivalent to the giving of notice. '
~.2 ~ ouoru~r, at directors' zr:ee~ir~s shall consist c~' ~
~ r~.a~ority of the entire 3oard of ~irectors. `~'ne ac~s a~~ ~~.~e,s
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by a:ra~ority of ~hose present at a^~eet~ng a~ which a quo-ru;:-: ~
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- ~ - ~ 1~98 ~?..~74
_ OFFIC?S OF GOLDSTEItY. FRANKLIN, GHONiN fi SCHRhP:K, P. A.. 2G20 NORTHEAST i63eo S7REET, /~ORTH MlAMt BEACH. FLCRiDA 33:L2
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