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Section 1: Annual Meetings. Regular annual meeting of the members shall be held on the same day of the month of each year thereafter, at the hour of 7:00 P.M. If the day for the annual meeting of the members is a legal holiday, the meeting will be held at the samehour on the first day following which is not a legal holiday.
Section 2: Special
Meetings:
Special meetings of the members may be called at any time by the
president or by the board of directors, or upon written request of the members
who are entitled to vote one-fourth (1/4) of the voting membership.
Section 3: Notice of Meetings: Written notice of each meeting of the
members shall be given by, or at the direction of, the secretary or person
authorized to call the meeting, by mailing a copy of such notice, postage
prepaid, at least 10 days before such meeting to each member entitled to vote
thereat, addressed to the member’s address last appearing on the books of the
Association, or supplied by such member to the Association for the purpose of
notice. Such notice shall specify
the place, day and hour of the meeting, and, in the case of a special meeting,
the purpose of the meeting.
Section 4: Quorum:
The presence at the meeting of members entitled to cast, or of proxies
entitled to cast, one-fourth (1/4) of the votes of the voting membership shall
constitute a quorum for any action except as otherwise provided in the Articles
of Incorporation, the Declaration, or these By-Laws.
If, however, such quorum shall not be present or represented
at any meeting, the members entitled to vote thereat shall have power to adjourn
the meeting from time to time, without notice other than announcement at the
meeting, until a quorum as aforesaid shall be present or be represented.