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HomeMy WebLinkAbout1927 BY-LAWS OF ISLAND HOUSE OWNERS ASSOCIATION, INC. 1. IDENTITY ~ The following are By-Laws of ISLAND HOUSE OWNERS ~ ASSOCIATION, INC., hereinafter referred as "Association", a corporation not for profit under the laws of the State of Florida, ~ the Articles of Incorporation for which having been duly filed in the office of the Secretary of State of the State of Florida. The Association has been organized for the purpose of operating condominiums to be established by ATLANTIC CONDOMINIUMS, INCORPORATED, ~ a Florida corporation, hereinafter referred to as the "Developer", , upon the land described in said Articles of Incorporation; ` and it is anticipated that three (3) separate condominiums, ~ denominated ISLAND HOUSE CONDOMINIUMS, Phase I, Phase II and - ~ Phase III, will be established and erected by said corporation upon said land. 1.1 The office of the Association will be in the City of Fort Pierce, Florida. 1.2 ~The fiscal year of the Association will be the calendar year. 1.3 The seal of the corporation will bear the name of the corporation, the word "Florida", the words "Corporation not for profit" and the year of incorporation, an impression of _ f which is as follows : . . -~~~\Pit'•~ i;,, , ~ . - ~ ~ : ~ ~ ~ i ~ ~ ' . ~ = v • C~j i - , ~ rg ~ t . a 11. . ' • j``~~~~` • l~ 2 . MEMBERS' MEETINGS ' ~~~r'`'~ ~~r~~~~ ~ - The members of the Association will be the owners of the apartments of said condominiums. ~ 2.1 The annual members' m~ee~ti_~n will be held at 1:30 P. M. , Eastern St- an~ar T~-on~t ie-first Wednesday in March of each year for the purpose of electing directors and trans- ~ acting any other business authorized to be transacted by the members; provided, however, if that day is a legal holiday, the meeting will be held at thz same hour on the next day that ~ is not a legal holiday. ~ 2.2 S e~p cial members' m~eeti~n s~ will be held whenever called by the President or y a majori"ty of the Board of Directors; and must be called by such officers upon receipt of a written request from members entitled to cast one-third of the votes of the entire membership. ~ ~ EXHIBIT "I" + FEE. PARKER & FEE. P. A. aOCK PAGC ~ V(.rV " nTTORNE~15 AT LAW . , P057 OfFICE BOX 1000 FORT PIERCE. FLORIDA 33450 ~ . ~ ; ; ~ . 'Y~ + - ! u", ,w.r2 . ~ ~ 7e. 4.~y~` ~F-~~.~