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HomeMy WebLinkAbout0680 more than the number specified in the Fy-Laws. The T`irector^, .~u?~- sequent to the first Poard of Administrati~n, ~hall be e'.e~ted at th~ annual meeting of the membership, for a term ot one (11 year, or until their successors~shall be elected and shall quallfy. Provislon~ for su~!i election, and provisions respectfng the removal, disqualification and reGiqnation of rirectors and for filling vacancies on the L~ire~torate, shall be establishf~d by the ~y-Laws. ~ , Section 2. The princiPa.l Cfficers of the Corporation shall be: . Presldent Secretary ~ Treasurer (the last two Cfficers may be combined), who shall be elected from time to time, in the manner set forth,in the ~y-Laws adopted by the Corporation. . A RTICLE VII. The~ names of the Cfficers who are to serve until the first election of Cfficers, pursuant to the terms of the reclaration of Condominium and Py-Laws, are as follows: . - Hazen Kreis President - Robert A. Epperson Secretary Raymond Loveda.y, Jr. Treasurer ~ A RTICL E VIII. The following persons sha.ll ~onstitute the first ~oard of Admin- istration and shall serve until the first election of the Foard af Administra- tion at the first regu~ar meeting of the membzrship: . , . Hazen Kreis, 107 Main Street, Knoxville, Tennessee ; '~?obert A. Epperson, Top~ide Road, Knoxville, TenneGs~e ~ ~ Raymond Loveday, Jr., 229 S. Indian ~iver I,rive, Jens~ n ; geach, £lorida _ A F TICj E V IIII. ~ ~ - The Ly-Laws of the Corporati~n ~hall initia,lly be mad.~ ~nd adopted by its first Poard of Administration. Prior to the time the property de^cribed :n t~ rti ~ic Ii !~~r~~ir_~ t~~-; h3s been suorriitted to C~ndominium ownership ~y thr, fi?ing ~f t~:e i`f~~1=~r~.tion of C^ndominium, caid first ~oard~of Admini~tratian :-~:a'.1 ~s~.v=:• ~';:?i ~u:.~~~r to amend, aiter or res~ind ~aid ~=y-L3wU by a m3iority ~~~.t~~. A fter the property described in A rticle II here.inabave has h~.~:n ~ submitted to Condominium ownership by the filing of the L`eclaration ~ C~ndominium, the By-Laws may be amended, altered, ~uppl~~mented ~r ~ modified by the membership at the A nnual Meeting, or at a duly ~~nvenPd special meetinq of the membership attended by a majority of the m~mb=~r- ~ ~hip, by vote, as follows: ~ A. If the proposed change has been approved by the unanimo~l~ w.R.seon approval of the Foard of Administration, then it :-ha11 rec~uire ~**«~?~•~?w . only a majority vote of the tota.l quorum as sc~^ified in t~~~ ~°"AOO L~y-Laws to be ad~pted. . {TYA11T. rlO1l10A . P. If the pro~osed change ha~ n~t been a~~roved by the unan~mo~zs vote ~f the L~oard of Administration, then the proposed change 6001t~7 1KCE ~ A II-2 ~ _ - _ ; , ~ , _ _ - m . ~ v._.