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HomeMy WebLinkAbout0697 ARTICLE IV ~ MEMBERS VOTING RIGHTS Section 1. Each member of the corporation shall have one vote for each lot, condominium parcel or other fee interest which he owns. When any such lot, condominium parcel or other fee interest is owned of record in joint tenancy or tenancy in common or in any other manner of joint or common ownership, the owners of the same shall collectively be entitled to only that number of votes which one person would be entitled were he the owner. Such vote shall be exercised only by the unanimous action or consent of the owners of record of the lot, condominium parcel or other fee interest in question. - ARTICLE V ~ MEETINGS OF MEMBERS ; ~ Section l. The annual meeting of the members shall be ~ held at 7:00 p.m., Eastern Standard Time, on the first Monday in ~ February of each year at the principal office of the corporation } or at such other place as may be set forth in the notice of said ~ meeting, in St. Lucie County, Florida. If the date fixed for the ~ annual meeting shall be a legal holiday in the place iahere the meeting is to be he13, said meeting shall be held on the next ~ succeeding business day thereafter. At such meeting the members ~ shall elect directors to serve until the next annual meeting of the members or until their successors shall be duly elected and qualified and for such other business as may be authorized to be transacted by the members. _ . Section 2. Special meetings of the members are to be held at the same place as the annual meeting or such other place in St. Lucie County, Florida, as may be set forth in the~notice _ of said meeting, and may be called at any time by the President, or in his absence, by the Vice President, or by a majority of the Board of Directors. It shall be the duty of the Directors, Presi- dent or Vice President to call such a meeting whenever so requested - by members holding thirty-three percent (33$~ or more of the voting ; ~ rights of the corporation after December 31, 1985. t Section 3. Notice of the time and place of all annual and special meetings shall be mailed by the President or Vice - President or Secretary to each member not less than ten days_prior to the date of said meeting, to the address of said member as it i appears upon the books of the corporation. A certificate of the officer mailing said notice shall be prima facie proof that said notice was given and received. - ~ Section 4. The President or in his absence, the Vice i President, shall preside at all annual or special meetings of the membership. Section 5. A quorum for members' meetings shall consist of persons entitled to cast fifty-one percent (51$) of the votes of the entire membership. In the event that a quorum is not present, the members present at any meeting, though less than a ~ quorum, may adjourn the meeting to a future date. ~ The execution by any member of a copy of the minutes ~ shall constitute the presence of such member for the purpose of ~ determining a quorum and for the further purpose of validating , ' all of the actions taken at such meeting. i -2- 4 - aa~K ~2 ~ PacE 697 ~ ~ ~ _ :W~ _ 3 K- . . _ _ - _ : ~ _ yy, . 7 ~-rr.. o "'1'^4` ~ ~.z-i`x a 'si ~,~,~~~k~~'~`:~ -Z'~.`y~ .i ~ 2^.~,'~ _ . ~~ea~~~~~'~y` _ . ' .