Carondelet / Holly Hills Landlords Association
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NAME: The name of this association is the Carondelet/Holly Hills Landlords Association PRINCIPAL OFFICE: The principal office of this association shall be located at: P.O. Box 25154, St. Louis, Missouri 63125 MEMBERSHIP: Membership in the association shall be open to all owners or their appointee representatives of rental property situated within the geographical boundaries of 5200 Walsh on the North, West to the Railroad tracks at Dewey, South along Dewey to Bates, West on Bates to Morganford, South to Holly Hills, East to Leona, South on Leona along the Park and Loughborough East to Grand South on Grand to Highway 55 and all the area East of Highway 55, to the city limits on the South and the Mississippi River on the East. MISSION STATEMENT: To maintain and improve property value, in partnership with the community, to attract and keep quality tenants and to have a safe, desirable neighborhood. BOARD OF OFFICERS: The affairs of the association shall be managed by a Board of Officers, consisting of not less than five officers. Any officer may serve two consecutive terms. Candidates will be identified at the second last meeting before each election. ELECTION OF OFFICERS: The officers constituting the first Board of Officers shall be a president, first vice-president, second vice president, secretary and treasurer. They shall be elected from the membership of the association by a majority of members in attendance at a regular or special membership meeting. Officers elected to the first Board of Officers shall hold their offices for the following terms: president and first vice president, two years; second vice president, secretary and treasurer, one year. Upon the expiration of the term of office of any officer of the first Board of Officers, his or her successor shall be elected in the same manner as his predecessor and shall hold office for a term of two years. In the event an office shall become vacant, a new officer shall be chosen to fill the vacancy for the unexpired portion of the term by majority vote of the remaining officers at regular or special meeting of the Board of Officers. REMOVAL OF OFFICERS: An officer may be removed from office only for cause, by two-thirds vote of the members of the association in attendance at a regular or special meeting of the membership. QUORUM: A majority of the whole Board of Officers shall constitute a quorum, and the act of the majority of the officers present at a meeting at which a quorum is present shall be the act of the Board of Officers, unless the act of a greater number is required by these By-Laws. For actions taken by the general membership of the association, those dues paying members in attendance at a regular or special membership meeting shall constitute a quorum, provided however, that no quorum shall be constituted with fewer than 10 members, exclusive of the officers of the organization. The act of the majority of the members at a meeting at which a quorum of the members is present shall be the act of the membership. MEETINGS: The Board of Officers shall meet no fewer than four times per year, at as regularly-spaced intervals as may be practicable. The general membership of the organization shall meet no fewer than four times per year, at as regularly-spaced intervals as may be practicable. The Board of Officers may meet at any lawful time and place, and in accordance with the laws of the State of Missouri. A general membership meeting may be scheduled by majority vote of the Board of Officers or by majority vote of a quorum of the membership. COMPENSATION: No officer of the association shall be compensated for his/her service in such capacity. LIABILITY OF OFFICERS: The Officers of the association shall not be individually or personally liable for the debts, liabilities or obligations of the association. The association will incorporate as a not-for-profit organization. Liability insurance for the officers of the corporation will be funded out of the association's general fund LOANS TO OFFICERS MEMBERS: No loans shall be made by the association to its officers. DUTIES: The duties and powers of the officers of the association shall be as follows: President - The president shall be the chief executive officer of the association and shall preside at all meetings of the officers and general membership; the president shall have general and active management of the business of the association and shall see that all orders and resolutions of the Board of Officers are implemented The president shall execute all instruments on behalf of the association. First Vice-President - The first vice president shall, in the absence or inability of the president, perform the duties of that office. Second Vice-President - The second vice president shall, in the absence or inability of both the president and first vice president, perform the duties of those offices, and shall perform other related duties as may be assigned by vote of the Board of Officers. Secretary - The secretary shall act as clerk at all sessions of the Board of Officers and general membership and shall record all votes and minutes of all such proceedings in a book to be kept for that purpose. The secretary shall give, or cause to be given, written notice of all meetings of the Board of Officers and general membership not later than two weeks before the meeting in accordance with the law and shall perform such other duties as may be prescribed by the Board of Officers. Treasurer -The treasurer shall have the custody of and be responsible for all monies and securities of the association and shall keep full and accurate accounts in books belonging to the association, showing the financial transactions of the association, its accounts, liabilities and financial condition. The treasurer shall see that all expenditures are duly authorized and evidenced by proper receipts and vouchers and shall deposit in the name of the association, in such depositary or depositaries as are approved by the Board of Officers, all monies that may be received for the association account. The treasurer is authorized to open the bank account for the association. There are to be two signatures on every check; any two of the five officers may sign. Maximum disbursement single is to be $250.00. To exceed that amount, a majority vote of the Board of Officers shall be required. DELEGATION OF DUTIES: In the absence of any officer of the association or for any other reason which the Board considers sufficient, the Board may delegate the powers or duties of such officer, provided a majority of the entire Board concur therein, and if not other-wise provided for in these By-Laws. The Board of Officers shall appoint any committee it sees fit to serve. FISCAL YEAR: The Board of Officers shall determine the fiscal year of the association. INSPECTION: The association shall maintain, at its principal office, a record giving the names and addresses of its members entitled to vote. All the books and records of the association may be inspected by any officer or member at any reasonable time. AMENDMENT: These By-Laws may be amended at any regular or special meeting of the Board of Officers by a vote of the majority of the entire Board. Due notice of the meeting, pursuant to these By-Laws, must be given prior to such meeting. |
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