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Fleetwood Plaza
Regime
Articles of Incorporation
(Charter) |
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I,
the
undersigned,
being
more
than
18
years
of
age,
and
acting
as
incorporator
for
the
purposes
of
creating
a
non-profit
corporation
under
the
laws
of
the
state
of
North
Carolina
as
contained
in
Chapter
55A
of
the
General
Statutes
of
North
Carolina
entitled
"Non-Profit
Corporation
Act,"
and
the
several
amendments
thereto,
do
hereby
set
forth:
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The
name
of
the
corporation
is
Fleetwood
Plaza
Regime.
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The
period
of duration
of
the
corporation
is
perpetual.
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The
purposes for
which
the
corporation
is
organized
are:
-
To
provide for
the
acquisition,
construction,
management
maintenance
and
care
of
association
property.
-
To
serve
as
the
governing body of
the
association
of
unit
owners
of
the
Fleetwood
Plaza
Condominium
located
or
to
be
located
in
the
Fleetwood
Section
of
the
Town
of
Laurel
Park
located
in
Henderson
County,
North
Carolina.
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To
conduct a
fraternal
association
among
members
of
the
corporation.
-
To
promote
the
moral
and
social
welfare
of
its
members.
-
To
facilitate
and
maintain
good
and
neighborly
relations
among
neighbors.
-
To
promote
the
appearance
of
the
real
estate
known
as
Fleetwood
Plaza
Condominiums
and
of
the
real
estate
owned
by
the
members,
individually,
so
as
to
make
more
attractive
the
property
owned
by
the
association,
condominium
units
owned
by
the
individual
members,
and
common
areas
and
facilities
and
limited
common
areas
and
facilities
owned
as
tenants
in
common
by
the
individual
members.
-
Notwithstanding
any
of
the
provisions
of
these
Articles,
exclusively
for
those
purposes
which
will
qualify
the
corporation
as
a homeowners
association
within
the
meaning
of
§52II
of
the
Internal
Revenue
Code
of 1954,
as
amended
(or
the
corresponding
provision
of
any
future
United
States
Internal
Revenue
law).
-
The
corporation
shall
have
one
class
of
members,
the
designation,
qualifications
and
rights
of
which
shall
be
set
forth
in
the
initial
B
y-Laws
adopted
by
the
directors
or
in
any
amendments
thereto.
-
The
directors
of
the
corporation
shall
be
elected
or
appointed
in
the
manner
and
for
the
term
provided
in
the
By-Laws.
-
No
part
of
the
net
earnings
of
the
corporation
shall
inure
(other
than
by
acquiring,
constructing,
or
providing
management,
maintenance,
and
care
of
association
property,
and
other
than
by
rebate
of
excess
membership
dues,
fees,
or
assessments)
to
the
benefit
of,
or
be
distributable
to,
its
directors,
officers,
members,
or
other
private
persons.
Notwithstanding any
other
provision
of
these
Articles,
the
corporation
shall
not
carry
on
any
other
activity
not
permitted
to
be
carried
on
by
a homeowners’
association
as
defined
in
4528
of
the
Internal
Revenue
Code
of
1954,
as
amended
(or
the
corresponding
provision
of
any
future
United
States
Internal
Revenue
law).
-
The
name
and
address
of
the
initial
registered
agent
of
the
corporation
in
the
state
of
North
Carolina
is
Richard
S.
Merrill,
Jr.,
228
North
Church
Street,
Hendersonville,
Henderson
County,
North
Carolina,
28739.
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The
number
of
directors
constituting
the
initial
Board
of
Directors
shall
be
three.
The names of the
persons
who
are
to
serve
as
the
initial
Board
of Directors
are:
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NAME
Richard S. Merrill, Jr.
Thomas H. Pride
Charles M. Tinsley
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ADDRESS
228 North Church Street
Hendersonville, Henderson County,
NC 28739
Route 2, Box 269, Bearwallow Road
Hendersonville, Henderson County,
NC 28719
226 Robinwood Trail
Hendersonville, Henderson County,
NC 289739
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- The name and address of
the incorporator is as follows: Richard S. Merrill,
Jr., 228 North Church Street, Hendersonville,
Henderson County, North Carolina, 28739.
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IN
TESTIMONY WHEREOF, I have hereunto set my hand and seal
this 11th day,
August , 1982.
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____________________________
RICHARD S. MERRILL, JR.
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STATE OF NORTH CAROLINA
COUNTY OF HENDERSON |
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