The Lakeshore Property Owners Association, Inc. came
into existence on October 28, 1953, as a non-profit corporation
formed to bring about the improvement, beautification,
protection and maintenance of the Lakeshore Subdivision.
There are two types of memberships:
1. Owner Members – Such membership shall be limited to owners of real
estate in the Lakeshore Subdivision, whether resident or non-resident. There
shall be two classes of “owner members”, namely voting and non-voting.
Only one person in each household may be a “voting owner member”,
unless additional persons in that household are owners of other real estate
in the Lakeshore Subdivision in their individual name. All other persons in
the “voting owner” member’s household may become “non-voting
owner members”. However, if a “voting owner member” is a
non-resident of Lakeshore Subdivision, the individuals in his (or her) household
are not eligible for membership.
2.
Associate Members – Such membership shall be
limited to residents in the Lakeshore Subdivision and/or
lessees of business establishments in the Lakeshore Subdivision
who are not owners. There shall be two classes of “associate
members”, namely, voting and non-voting. Only one
person in each household and/or business establishment
may be a “voting associate member”. All other
persons in a resident “voting associate member’s” household
may become “non-voting associate members”.
Employees or business associates of a lessee of a business
establishment in the Lakeshore Subdivision are not eligible
for membership unless, of course, they are owners or residents
in their own right.
Persons falling within the above categories and desiring to assist furthering
the aims and purposes of the Corporation shall become members of the Corporation
upon making written application for membership and upon such application being
approved by the Board of Directors.
Regular meetings of the membership are held semi-annually on the first or second
Monday of November and May. Special meetings of the membership may be called
by the Board of Directors.
The Officers of the Corporation are a President, a Vice-President, a Secretary,
and a Treasurer. The Officers are elected by a majority vote of the Board of
Directors held at the first meeting of said Board immediately following the
semi-annual meeting of the membership held in November of each year.
Members of the Board of Directors are elected annually from the voting membership
of the Corporation at the meeting of the membership held in November of each
year and assume office on the day immediately after such election. In the event
of any vacancy in any office, including those of members of the Board at Large,
such vacancy shall be filled by majority vote of the remaining members of the
Board of Directors. |