HomeMy WebLinkAbout23402.S VOTING
. (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
rfght to vote will be established by the record title to his
apartment. If an apartment is 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 signed by the President and-attested by the Secretary
of the corporation and filed with the Secretary of the Association.
Such certificates will be v.alid until revoked or until superseded
by a subsequent certificate 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 such a certificate is not on-file, the
vote of such owners will not be considered in determining the
requirement for a quorum nor for any other purpose.
2.6 Proxies. Votes may be cast in person or by proxy.
A proxy may be made b~y 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 Meetinc~s. If any meeti~g 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' meetings
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 Directors
(h) Unfinished business
(i) New business
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(j) Adjournment
2.9 Proviso. Provided, however, that until the Developer
has completed all of the contempla~ted 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 whichever first occurs, the
proceedings of all meetings of inembers of the Association will have
no effect unless approved by the Board of Directors. '
3. DIRECTORS
3.1 Membershi~. The affairs of the Association will be
managed by a board of not less than three (3) nor more than fifteen
(15) directors, the exact number to be determined at the time of
election. • ~
.~ 3.2 Election of Directors will be conducted in the
following manner:
(a) Election of Directors will be~held at the
annual members' meetings. . ~
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