|
|
| |
THIS SHALL BE DEEMED THE AMENDED
CONSTITUTION and BY-LAWS of the WHITE MEADOW LAKE PROPERTY OWNERS ASSOCIATION,
INC. |
|
| |
Section 1 |
This Association is formed in order
that it may solve the problems of common interest, cultivate and maintain
friendly and mutual cooperation with each other and to care for and maintain
the Common Properties held in the name of WHITE MEADOW LAKE and COUNTRY
CLUB, INC. and to insure and preserve the present and future character and
welfare of the Community heretofore established and promote participation
of its members in select Social, Athletic, Cultural
and Civic Activities and to maintain a high standard for the properties
situated in the community known as WHITE MEADOW LAKE. |
|
| |
|
This Association is also a party
to an Agreement dated the 6th day of November, 1952 between National House
and Farms Association, Inc. , White Meadow Lake and Country
Club, Inc., and White Meadow Lake Property Owners Association, Inc., and
this is the Property Owners Association referred to in Agreements and Deeds
executed by the National House and Farms, Inc. to purchasers of property
in White Meadow Lake. |
|
| |
Section 2 |
The registered office shall be at
the office of the White Meadow Lake Property Owners Association and the
White Meadow Lake Club House, Rockaway Township,
New Jersey, or at such other place designated by the Board
of Directors. |
|
| |
MEMBERSHIP |
|
| |
Section 3 |
Any home
owner, owner of any lot or lots, or one who has
contracted to purchase any lot or lots on maps of White Meadow Lake, Section
1, Section 1A, Section 2, Section 3, Section 4, Section 5, and Section 6
as filed in the office of the clerk of Morris County shall be eligible to
become a member of this Association. |
|
| |
Section 4 |
In addition to all other provisions
and requirements herein contained, no member shall
have the right to vote unless he shall have paid the
full Home Owners Dues as fixed by the Board
of Directors. No member shall have more than one vote. Lot
Owners in good standing who shall elect to pay the full Home
Owners Dues shall be entitled to one vote, in the year in which such full
Home Owners Dues shall have been paid. |
|
| |
Section 5 |
Eligibility
of membership and membership shall terminate upon
selling or divesting of ownership of home, lot
or lots delineated on file maps set forth in Section
3, above. |
|
| |
Section 6 |
Upon determination of eligibility
under Section 3, said new home
owner, owner of any lot or lots or contract purchaser of any new home or
lot or |
|
| |
|
-1-  |
|