|
Summary of Articles of Incorporation
The complete articles are shown starting on Page 1.
- Article I. Establishes the name of the Non-Profit corporation as Norton Hills Estates Recreation Association, Inc.
- Article II. Establishes the purpose of the corporation to hold title to real estate, to utilize money collected by assessments of individual stockholders, to promote recreational facilities including the purchase and construction of an outdoor swimming pool on premises held by it for recreational purposes.
- Article III. Establishes location of register office.
- Article IV. Names first resident agent.
- Article V. Establishes the number of stocks the corporation can issue, and powers, preference and rights, qualifications limitations and restrictions thereof to include provisions for assessments and by-laws.
- Article VI. Identifies incorporators.
- Article VII. Identifies first board of directors.
- Article VIII. Establishes the terms of the corporation existence as perpetual.
|