ARTICLES OF INCORPORATION OF TREETOPS II OWNERS ASSOCIATION, INC.
(A Texas Non-Profit Corporation) Dallas County, Texas ARTICLES OF INCORPORATION OF TREETOPS II OWNERS ASSOCIATION, INC.
(A Texas Non-Profit Corporation) or We, the undersigned natural persons of the age of eighteen (18) years more, at least two (2) of whom are citizens of the State of Texas, acting as incorporators of a corporation (hereinafter called the "Corporation") under the Texas Non-Profit Corporation Act (hereinafter called the "Act") do hereby adopt the following Articles of Incorporation for such Corporation.
ARTICLE I NAME The name of the Corporation is TREETOPS II OWNERS ASSOCIATION, INC.
ARTICLE II NON-PROFIT CORPORATION The Corporation is a non-profit corporation.
ARTICLE III DURATION The period of the duration of the Corporation is perpetual.
1.
ARTICLE IV PURPOSES AND POWERS The Corporation does not contemplate pecuniary gain or profit to the Members thereof, and its specific and primary purpose is to provide for the preservation and maintenance of a Condominium Project, as provided in the Condominium Breleration of TAHTORS IT CONDOMINIUMS (bereinafter referred to the "Declaration"), located in Dallas County, Texas.
as 2.
The general purposes and powers are: a.
Το promote the common good, health, safety and general welfare of the residents within the Property; b.
Το exercise all of the powers and privileges and to perform all of the duties and obligations of the Corporation arising from the Declaration applicable to the Property, as amended from time to time, and recorded or to be recorded in the Condominium Records in the Office of the County Clerk of Dallas County, Texas, the Declaration purposes; being C.
Το enforce incorporated applicable herein by reference for all
r to be recorded in the Condominium Records in the Office of the County Clerk of Dallas County, Texas, the Declaration purposes; being C.
Το enforce incorporated applicable herein by reference for all provisions of the Declaration, By-Laws, any rules and regulations of the Corporation and any other instrument for the management and control of the Property; d. To fix, levy, collect and enforce payment by any lawful means, all charges ΟΙ assessinents pursuant to the terms of the Declaration; to contract for and pay all expenses in connection with the maintenance, gardening, utilities, materials, supplies and services relating to the Common Elements (as defined in the Declaration) and facilities; to employ personnel reasonably necessary for administration and control of the Common Elements ' including lawyers and accountants where appropriate; and to office and other expenses incident to the conduct of the business of the pay all Corporation, including all licenses, taxes and special assessments which are or would become a lien on any portion of the Property; e.
To have and to exercise any and all powers, rights and privileges, including delegation of powers as permitted by law.
which the Corporation under the Act may now or hereafter have or exercise; f. To acquire (by purchase, grant or otherwise), annex and merge, own, hold, improve, build upon, operate, maintain, convey, sell, lease, transfer, dedicate for public use or otherwise dispose of real or personal property in connection with the affairs of the Corporation; g. To borrow money, mortgage, pledge or hypothecate any or all of its real or personal property as security for money borrowed or debts incurred in accordance with the Declaration limitations; and To act in the capacity of principal, agent, joint h.
te any or all of its real or personal property as security for money borrowed or debts incurred in accordance with the Declaration limitations; and To act in the capacity of principal, agent, joint h.
venturer, partner or otherwise.
The foregoing statement of purposes shall be construed as a statement both of purposes and of powers, and the purposes and powers in each clause shall not be limited or restricted by reference to or inference from the terms 2 or provisions of any other clause, but shall be broadly construed as independent purposes and powers. Notwithstanding any of the above statements of purposes and powers, the Corporation shall not, except to an insubstantial degree, engage in any activities ΟΙ exercise any powers that are not in furtherance of the primary purposes of the Corporation.
ARTICLE V REGISTERED OFFICE AND REGISTERED AGENT The street address of the initial registered office of the Corporation is 11020 Audelia, Suite B-104, Dallas, Texas, 75243, and the name of its initial registered agent at such address is Paul Taylor.
ARTICLE VI INITIAL BOARD OF DIRECTORS The nu ber of Directors constituting the initial Board of Directors of the Corporation is three (3), and the names and addresses of the persons are: NAME Paul Taylor Tevis Taylor Patricia Williams ADDRESS 11020 Audelia, Suite B-104 Dallas, Texas 75243 11020 Audelia, Suite B-104 Dallas, Texas 75243 11020 Audelia, Suite B-104 Dallas, Texas 75243 At the first (1st) annual meeting of the Members of the Association, or annual meeting thereafter, or special meeting of the Association called the number of Directors may be increased to five (5).
any for that purpose, ARTICLE VII INCORPORATORS The name and street address of each incorporator is: ADDRESS NAME Paul Taylor 11020 Audelia, Suite B-104
mber of Directors may be increased to five (5).
any for that purpose, ARTICLE VII INCORPORATORS The name and street address of each incorporator is: ADDRESS NAME Paul Taylor 11020 Audelia, Suite B-104 Dallas, Texas 75243 Tevis Taylor Patricia Williams 11020 Audelia, Suite B-104 Dallas, Texas 75243 11020 Audelia, Suite B-104 Dallas, Texas 75243 ARTICLE VIII MEMBERSHIP The authorized number of and qualifications for membership in the Corporation along with the appurtenant voting rights and other privileges due Unit Owners in the Condominium Project shall be .as set out in the Declaration. Every person ΟΙ entity who is a record Owner of a fee ΟΙ undivided fee interest in any Unit which is subject to the Declaration, including contract sellers, shall be a Member of the Corporation. The foregoing is not intended to include persons or entities who hold an interest merely as security for the performance of an obligation. Membership shall be appurtenant to and may not be separated from ownership of any Unit which is subject to assessment by the Corporation.
ARTICLE IX DISSOLUTION The Corporation may be dissolved in accordance with the limitations set The Corporation is one which does not contemplate out in the Declaration.
pecuniary gain or profit to the Members thereof, and it is organized solely for non-profit purposes. In the event of liquidation, dissolution or winding ק!!!
of the Corporation, whether voluntarily or involuntarily, the Directors shall dispose of the Property and assets of the Corporation in such manner as they, in the exercise of their discretion (as set out in the Declaration), deem appropriate; provided, however, that such disposition shall be exclusively in the furtherance of the object and purposes for which the
xercise of their discretion (as set out in the Declaration), deem appropriate; provided, however, that such disposition shall be exclusively in the furtherance of the object and purposes for which the Corporation is formed, and shall not accrue to the benefit of any Director of the Corporation or any individual having a personal or private interest in the affairs of the Corporation or any organization which engages in any activity in which the Corporation is precluded from engaging.
-4IN WITNESS WHEREOF, of F THE STATE OF TEXAS § COUNTY OF DALLAS § we have hereunto set our hands A.D., 1983.
Paul Taylor this 6+4 day Teves Tagh Tevis Taylor Patricia Willians Patricia Williams I, the undersigned authority, a Notary Public in and for said County and State, do hereby certify that on this A.D., 1983, personally appeared 6th day of Равниц before me Paul Taylor, Tevis Taylor and Patricia Williams, who each being by me first duly sworn, severally declared that they are the persons who signed the foregoing document as Incorporators, and that the statements therein contained are true.
IN WITNESS. WHEREOF, I have hereunto set my hand and seal the date and year above written.
Notary Public in and for The State of Texas My Commission Expires: 2-10-84