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<br /> _ --`-"� Ay the wuar or amaoss eo Qeaiqnatfug. Ia s�•�*,•^�••s o!otEer thnu 1aQividuel araore�ip, �Y or all oi anah avaoza may be pseaeat , - • , ` ,.•.
<br /> .. � - � $t aay meettag oS the aoraoza eitIIoz in ponaa or L9 Bz�Y• 8omevos. ao gereea may act as pmzy!or LRo omner nr ooraese o!moze �r S �... ,.
<br /> ' ... �
<br /> � . tEsa �o anit. e lidaaiasy shall 6o tno vo�iaq eeaDer vfth seagaet to e�aait amad in a£iduafax9 capaaitY• �_s ' c
<br /> , soatton 9. Haiorico voce. , . ' .
<br /> ' ��; ' "'�<. .'`'� The vote o! a mafoslty oi tho voCaa sogsvaoatod at a maeting at vhiah a qnos�eball he yreaont ehall bn biading npaa nll �
<br /> . - nait arnero =or all geeposoa auopt�hese ia tLe 8mnaded Declarstioa or tLeso By-7aaa a hiqher paseeatnqo wte ie seqntsad. `; - ' :;
<br /> . ''_(��: '.y� . . '.
<br /> j� Saation 9. Drccodaro. n °?
<br /> • _., , E`
<br /> -.��,�•�� The nreaideat ehell gsoside over mmbe�•meetiag and tLn Seareinry nLall keop tho mi�te laook mLesein tLo smeolnSioan ahall �• . .
<br /> ' :�f,.,��; Eo saeosdesd. `'".��. ,
<br /> '-s.--- -�---L Srei.iaa !Q. Adloosa�aat' — ---_ .
<br />- '�q. � 2! a�►me�iag ot the Aaaoaintion oaanot ba held Eewnea a qnasvm has aesi�t�tecdad. a majori.to n time aat le s�tIIan farty- ' . .- . ; :r^�`'r..
<br /> re
<br /> nait avnere vho ara preeaat at eneA meating, eitIIar ia perean oz hy prosy,maq ad� ��4
<br /> - . ` aight (48) hours fram tha time!Ae origiaal meetiaq vaa callnd. .. : � „r.-�-
<br /> -t d Se:
<br /> � .. . - gRTICLB III. S�BAD OP E�ISTR&T088 � _ _- -
<br /> �., '''`"' Seetfon 1. Rimber and oua2ification. . c ,r..' _...-
<br />. . , ` TLe aSfaisa o! tLe Aaeoaiatioa aad tAe Cwd�iaivm?roDastiY xe4lms eEall be qw@saed bp a 8aaa! o£ a,r^��•,+atsatosa laleo �+:;;_: -
<br />- ,. ' callad 'Diseatose'). The Soasd o! fl�ninistratoss aLall be camposc�oF aot less t3aa thsee (3� aar more Lhan eis (6) gazoans• . -
<br /> all o!oiaom ehell bo aait omnam ia the Condcelai�• aaleea at she time tAeze aze lesa tbaa sis(6) amaeso in Lhe condo�iaiim. -- .�-
<br /> �'= Section 1. Pamera aad Datiea. -- " --
<br /> ,;� '. �' Rhe Boazrl o! A�iaintsators nAail have the pomass and daties neeeanasy fos tLe admiaiatraLiaa o! tLe afYairu o! tAe • __--
<br /> . ,';�-�:. , .'.`K Aeaoclatioa and W CaaQ�iai�.aad map do all each eate aad tAiage escepE sa bp lav or by the 6meaded Declatntior►or hp tEese _.
<br /> . aq-Lnar» map aot ba delegated to tIIe 8casd oP Mminiatrauze by tho nait a�meze. such perern aad dation oP tho Soazd oi
<br /> " � ' . a.n.t..i.ysatosa eball 3aalode bnt ahall aoG Iae liaited W tLa follorinqs --
<br /> - . .'s . ;F�-�� (n1 aDasatioa, aare� opkaep aaa maiateaanee at tha e�on areaa, ilmited ea�oa asean and faailitiee. _ ..
<br /> ,:�1. (b) neteaiaatiaa af tLe e�on o�easae reqnired for the ailaiza o! the Cend�iai�• iaaladinq vithcat limi.tation, the __ _.
<br /> opezatioa ead maimeaanca a! the Ragime. ,;;
<br /> .. , (a} colleoiian o!tEa asaeeem�ats (vhiatt�lor the puspoae oP Ltese Sy-7avs eLsli meaa aneh pastian oY tho aoc�m►o�cyaason •:.�.• -
<br /> . .- as are papable b)tha reapectivo wmess) fraa� a�nasa. � `'� �
<br /> �dI IDayieqaeat anA di�ieeal o!tLe pezooaael aeeeesasy ior tbe maintennaee aad opezatiaa o!the geaasal a�aa nreae, ` _
<br /> limited awm�oa a�ae aad laailitiea. " --
<br /> � (a) Adoption and asendmoui ot rnlee aad regoiatioaa covering the Entaiis ot the oyezatioa ead ase ot tEa condamiaiam •
<br /> � Fzoymsty Regima. � --,;r�
<br /> `. (t) Ogeniag o! bank eccoaata on 6ohalY o!the Aseoaietioa aad deetquating the aigaatoriee saqaised tbesoYor•
<br /> (g) Obtainiag o!iaanraaae!or the Coadamiaiam. �� � �r±�_
<br /> .•,. � .t,.:. (h) Rmyaisiag aad maiataiain9 the psoparty ead Luildiago ia tEe CoaAa�iniam PsaBBrt9�4���_• �8 �
<br /> restoratiaa o! the Co��•�,���ym yrcD�9 �9� ia accrordsaco �ith the othes 9z�siona oY these Sy-lewe• aitar Aama4e os ---
<br /> � , � Qeatsaatioa Dy�lre+ os oLhas eaanslty or m a zesolE ot coademnetioa oz eminant domaia praceediage. � �r—--�
<br /> , :<"%I.:Q.
<br /> . , �i :?'_�'_°'�
<br /> ' � � Seat�loa 3. Nanaaina Aaent and Hanaaer. .��:,w�..�� _ .
<br /> . . ' �4w.i.�.-:i=_.
<br />` . ;•'il�P_b.�...
<br /> � The 8oasd oi lk�intatratare me�y emgloy 4ns tha Coad�iaiam a manaqing agent aad/or s maaaqer at a cemmpeaeatioa eetablie6od ...-�:=3
<br /> by tbe Board of il�+�++i�+�tratore� to pesfozm eacb datiea aad aervieae ae the Baard o!Admiaiatsatore ehall autIIoriae, iaolssdlag .'��'�"�:._-
<br /> ' , bat aot limiLed to the dutiea lieted in snbdivieione (a). (c)• (d). (9) and (b1 oi 8eatiaa�J o!tAte Astialo ZZZ. Tqa Soss�!u! •..h':.• -- --
<br /> Admiaiatsatore may delegate Lo the manager or manaqiag agnst, all o!tho pomore gzanted Lo tIIo eoard o!B�iaintraLOS�by Lheoe :. �_
<br /> Sy-Iaws othar thaa tha pama=a eet forth ia snbdivieioae (bI• (e) and (!) oE Sectirnt 2 0!thia Asticle III. ��+� - - -
<br /> � � . ;'�+��-
<br /> ' Seation C. EleeGipa nnd Texm •r"""� i. ---
<br /> .� . " y _
<br /> 11L Lhe lisat eaanal�iia9 of t6e Ilaeoointion. the membesa oi the Bossd o! BGoiaietratosn ehaSl be eloated to eesvs aatil '-:�•. , -
<br /> " - . tLe neat aaanal meetiag o! !Ae Aeaoaiatioat 8r�ded that i!said ae�annnal moaliaq iu loaa thaa eis (6� monthe!r�tLe date ��''Y^�'• ��. �•;--e=r,.
<br /> • oi tLe Eirnt sanuel meeting,tho Mmiaietrators eUnll bc�eleoted Lo aerva nntil!ho annoal maotiag icowdiately follooriaq the aest ^�`'="'-
<br /> b �.:'.:G.;:.,-��,_-
<br /> aaaaal meetiag v2�iah ia lese thaa six (6)meaths la the fatare. SaoD Administsatos ehell be oleaied Lhezeatter to aozve a tesm �:.t���--
<br /> - � ' ', of one (1) qoar er nalil hie encceaeos eUall Aave beon dalp eleaied to lill ths oaueap thua areatad. 1Wp mm�bore o!tho Honrd . . 's"•�,•-
<br /> � ot Admiaietretore attaae remaval has beea progoaad hy the Asaoaiatioa amaers eAsll be qtvea reaaoneble aotico ot aad aa . r;•', :•�—�
<br /> • r,. �. apgortnaity to bo heard at the meetiaq. . • -�__
<br /> • �.;. Saceiea 4. Ramaval o!AAmiaietrntore. ;.:`r.� _
<br /> : •�" � � At nny segnlar or apeoial meotiaq o!the Aesoaiation, any oao or mora oi!ho mambors ot the 8oasd oi 11�lafetratose may be ..'�;;,;,;�',-;,,�:'_
<br /> . - . ramuved o�ith or vithaat caaea hy a vats o!a majoritq o!the mambere and a oaccesaos aay LAoa aad thero or tLezoattes be eleatad �.�' y�'=--
<br /> � to tiii tho vacaacy thvs oreateG. Arry membeza o!tAe 8oard at admiaiatraWra vboae samavel hae been Hsopoaed by tha Aaeoaiation � vx ir;=.=.
<br /> • ��-' oomrse ohall be gioen seasoaable aot3ce ot and an apyoztaaity to bo hoasd at tRc mootinq. _ -_- _
<br />'t! � � .i seatioa 6. vacaaciee. `�Y ';i
<br /> , ��:��-
<br /> � ° '� �� vacanoies ia the Soard o!Adminiatratazs caased bg aay'reaaoa oehar thaa tke semaval of a mecbes thezeoi by a vote o! tho ,�;x;'
<br /> ; . - "` Aaeoaiation ehall bo lilicd bq ooto o! a majoritq o2 tho ramnialaq 1ldmiaiatratosn ot the eyeaial aseting o! tAe Soszd ot ••
<br /> � � A�lnistratore held ior that ga�oso pramgtly aRer tho ocaosroace o! nny sneh vaeaaeq• evea t�ough the membese preaent at anelt ' �'__
<br /> ' � meeting mey coaotitute loan thaa a gnosum, apd oaoh pozaon o0 oleated sholl be a m�bas ot the Soasd o!Adminiotsatosn !or the • �f�r;.`.
<br /> � rcaiador ot tha tezm o! tbe a�cber eo r�oved oad until a auceeeaor ehell be e2ected e►t tho neat anAUal aaetinq o! tho �
<br /> ' a
<br /> :'.� �ssxiation. ' � `
<br /> • seetion 7. Annna Soard Heetino. , � ,_
<br /> ' The aaanal meating oY tho aamboea o!tIla eoerd o! Admiaintratorn nholl bo hald i�edietely folla�iag the aaauel moetiag o! ; , '
<br /> the Reeooiation, at auah time and ylaco ao shall bo lixad by!ho Aneooiation at tho mooting at o�Meb such 8oazd oi ACminlutretore . + '
<br /> ahall have been oleeted, and no aotico ehall ba aeeooaary to tho aevly oleate8 meabese oi the Honrd o!A�iniatratoro in ozQer � .
<br /> to fogal2y eoaatitnLe euah mcatiag, prwidiag a aajority oi tho vEolo eoerd o! Adminiatratora ehall be Hrueoat Lhoroat. • �
<br /> . • . . Seation 8. Spaaiel 8oard Mcotiaaa. : �
<br /> . • SpeoSal moetinqe o!tho Hoard o!AQmiaistratoro may bo callad by tho yrooidoni upoa livo �9) bueinene Qaya• natlae to each , " �
<br /> ' member o! tLe 8oard, givon bq mail, rbiaL notieo nLnll etete tho timo, ylace nad purpoae ot the moetiag. Speoial meetinge o! � ,
<br /> ;�� �,. , the Boazd o!1Wminiotratoru ehall be called Dy tQO Yreoident or Seoretasy ia like manaer aad like notiee oa tAe vsitten regaeat ' " .
<br /> oi nt leant thzae �3)membore o!the eoard oE Adminiatratore, ualoae thore oro leoe than tAree (3)membere� in vhieh event, uyoa • . '
<br /> � the oozittea reqaeat o!tho ar.e or t000 zemainlnq. .
<br /> - � Eoation 9. 9inivor o!Fotico. . � �
<br /> t � • .
<br /> • 1�ty mambor o! ttto Board o�A�iniairatora may� at any timo� vaiva natico oP anp maetiag o!the Soasd o!lldminietrutose ia
<br /> writing, aad oueh vaivor ohall be deumed eguivalent to the giviaq ot nneh notice. ntteadance by e memher o! !he 8oazd o! ,. .
<br /> Adminietratozn at atry moeting o!the Hoard ehall conetitute e vaives o! aotice to Aim o!the timo end pince thereot. S!oll tho �
<br /> � , aaciborn o!the Board o!AdminiatrnLe=e ere pronent at enq meotiaq o!the eoazd, ao notice eAall be requised nnd aay bueiaena may • • ,
<br /> . . bo tsansaatad at auch aaotinq. ,
<br />�-� . • 6oation 10. Quoznm. • � � � � ���
<br /> . . • } .
<br /> At oll meotiaqn o! cAo 8oard o! Ad�nininiratorn, a mnjority oP tho membore thereoi nhail eonatituto a quo=um toz tho ,
<br /> trannaeLion af buuineas, and tho vetoe o!a mayority o4 tAo membare oi tho Soard o!Admiaietzatora greeen4 ot n meoting at mhiab
<br /> � a guoram in pzeaont eDali eonetituLa the decleioa o! the 8oard o! JtEmiaietratore. Ii at eny meettng ot tne Boesd o! . ,., '
<br />. Adniniatratarn tAore eAall Do loae tAan a quorum prenont, a mnjority ot tAoae preoont mny ad�ourn tho maeting fram tlme to timo.
<br /> -- - •- At any auah adjournmont at mfilaA a qaorva ia presont, any buainoau vhioh oiqAt havo bnen traaaaction at Lhe saetiaq eziqianlly '
<br /> , called� may be tsanaaMOd mithout lurthar noticc. • '
<br /> • • Saetion 13. PiBoliEy Ber.Cn. ' '
<br /> S�. ,� . ..
<br /> - -� � The Heard ot Adnintatreeore mnq obLain adequate Lidolity bonde tor ell oltieern and employeen oi tAe 3lseociaiion han811ag � �� ' � -�
<br /> � os sonponeiblo fos Aaeociation funde. Tho proniucio on euch bondo ahall conotitute a co�on esyoaoe.
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