Article I

Purpose and Organizational Structure

Section 1.1: Purpose of Corporation
Section 1.2: Organizational Structure

Section 1.1 Purpose of Corporation. The Purposes for which this Corporation exists shall be to:

1. Protect and enhance the quality, value, desirability and attractiveness of all property which falls within the boundaries of any plat designated as Norton Hills Estates or an adjacent numerical addition thereto.
2. To hold title to real estate which is to be utilized for recreational purposes or other such purposes that are in furtherance of Sec. 1.1(A) above for the benefit of all shareholders and to provide a vehicle to maintain and manage that real estate.
3. To provide various recreational and management functions for the common enjoyment and well being of all shareholders.

Section 1.2 Organizational Structure. This Corporation is organized upon a Non-Profit Stock-share basis under the provisions of Act No. 327 of the Michigan Public Acts of 1931, as amended. The Corporation shall have the authority to issue 500 assessable shares of common stock at $100.00 par value per share. The fiscal year of the Corporation shall end on the 31st day of December of each year.