HomeMy WebLinkAbout23423.9 Ad ourned meetinqs. If at any meeting of the eoard
of Directors there s less than a quorum prese~t, the majority of
those present may adjourn the meeting from time to time until a
quorum fs present. At any adjourned meeting any business that
might have been transacted at the meeting as originaly called may
be transacted without further notice.
3.10 Joinder in meetin~ by a~proval of minutes. The
joinder of a director in the action of a meeting by sig~ing and
concurring in the minutes of that meeting will constitute the
presence of such director for the purpose of determining a quorum.
3.11 The presidin4 officer of directors' meetings will
be the Chairman of the Board of Directors if such an officer has
been elected; and if none, the President will preside. In the
absence of the presiding officer, the directors present will
designate one of their number to preside. -
3.12 The order of business at directors' meetings will
be: _
(a) Calling of ~oll
(b) Proof af due notice of ineeting
(c) Reading and disposal of any unapproved Minutes
(d) Reports of officers and committees
(e) Election of officers
(f) Unfinished business
(g) New business
(h) Adjournment
3.13 Directors' fees will not be paid.
4. POWERS AND DUTIES OF THE BOARD OF DIRECTO~,S.~
All of the powers and duties~of the Association will be
exercised exclusively by the Board of Directors, its agents,
contractors or employees, subject only to approval by apartment -
owners when such is specifically herein or elsewhere required. The
Board of Directors may contract to pay reasonable fees and salaries
for services supplied to the Association.
5. OFFICERS.
5.1 The executive officers of the Association will be a
President, who will be a director, a Treasurer and a Secretary, all
of whom will be elected annually by the Board of Ditectors and who
may ~e peremptorily removed by vote of the directors at any
mee~ting. Any person may hold two or more offices except that the
President shall not also be the Secretary. The Board of Directors
from time to time will elect such other officers and designate
their powers and duties as the Board of Directors shall find to be
required to manage the affairs of the Association.
5.2 The President will be the chief executive officer of
the Association. He will have all of the powers and duties usually
vested in the office of the President of an association, including
but not limited to the power to appoint committees from among the
members from time to time, as he, in his discretion, may determine
appropriate to assist in the conduct of the affairs of the
Association.
5.3 The Vice-President shall exercise the powers and
perform the duties of the President in the absence or disability of
the President. ~He also sha11 assist the President and exercise
such Ather powers and perform such other duties as shall be
prescribed by the directors. ~
5.4 The Secretary will keep the minutes of all ~
proceedings of the directors and the members. He will attend to ~
the giving and serving of a1l,ndtYCes to the members and directors
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