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2.5. Votin~
(a) The owner of each apartment will be entitled to one vote: and if
one owner owns more than one apartment, he will be entitled to one vote for each
apartment owned . =
(b) If an apartment is owned by one person. his right to vote will
be e$tablished by the record title to hia apartment . If an apartment ia owned by more
than one person, or is under lease, the person entitled to cast the vote for the
apartment will be designated by a certificate signed by all of the record owners of the
apartment and filed with the Secretary of the Association . If an apartment is owned by
a corporation. the person entitled to cast the vote for the apartment will be designated
by a certificate aigned by the President and attested by the Secretary of the corporation
and filed with the Secretary of the Aasociation . Such certificates will be valid until
revoked or until superseded by a subaequent certi~icate or until a change in the ownership
of the apartment concerned . A certificate designating the person entitled to cast the
vote of an apartment may be revoked by any owner of an apartment . If auch a certiGcate
is not on file , the vote of such owners will not be considered in determining the
requirement for a quorum nor for any other purpoae .
2. 6. Proxies . Votes may be cast in person or by proxy . A proxy may
be made by any person entitled to vote and will be valid only for the particular
meeting designated in the proxy and must be filed with the Secretary before the
appointed time of the meeting or any adjournment of the meeting.
2. 7. Adjourned b4eetin~s . If any meeting of inembers cannot be organized
because a quorum has not attended,'the members who are present, either in person or
by proxy . may adjourn the meeting from ~time ~ to time until a quorum is present .
2. 8. The order of business at annual members' meetinga ~ and as far as
practical at other members' meetings . will be:
(a) Election of chairman of the meeting
(b) Calling of the roll and certifying of proxies ~
(c) Proof of notice of ineeting or waiver of notice
(d) Reading and disposal of any unapproved minutes
(e) Reports of Officers
(f) Reports of committees
(g) Election of Directore
(h) Unfinished buainess .
(i) New business
(j) Adjournment
2.9. Proviso. Provided however, that until the Developer has completed
all of the contemplated improvements and has closed the sales of all of the apartments
established by it upon said land (as anticipated) or until it elects to terminate its
control of the Association , or until December 31, 1981, which ever first occurs . the
proceedings of all meetinga of inembers of the Aasociation will have no effect unless
approved by the Board of Directora .
. s
3 . DIRECTORS .
3.1. 1~9embership . The affairs of the Association will be managed by a
board of not less than three nor more than fifteen (15) directors, the exact number
to be determined at the time of election .
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