The undersigned, being all of the initial Incorporators of the Linden Ridge Property Owners Association, Inc, a North Carolina non-profit Corporation (the "Corporation") pursuant to Chapter 55A of the General Statutes of North Carolina, do hereby adopt the following resolutions by signing their written consent hereto:
ARTICLES OF INCORPORATION
RESOLVED, that a certified copy of the Articles of Incorporation filed with the Secretary of State of North Carolina on December 4, 2002 shall be placed by the Secretary in the Corporate records book of the corporation.
ADOPTION OF BYLAWS
RESOLVED, that the Bylaws that have been inserted into the minute book of the corporation immediately preceding this consent be and hereby are adopted as the Bylaws of the Corporation.
ELECTION OF INITIAL DIRECTORS
RESOLVED, that Tom Perry, Dean Webb, Peggy O'Leary, and Teresa Van Damme be, and they hereby are, elected as the initial directors of the Corporation to serve until the first annual meeting of shareholders or until their successors are duly elected and qualified.
MISCELLANEOUS ITEMS
RESOLVED FURTHER, that the proper Officers of the Corporation be and hereby are authorized and directed to do and perform all acts and things necessary and appropriate to commence and carry on the business which the corporation was formed to conduct; and
RESOLVED FURTHER, that any action taken prior to the date hereof by the incorporator, officers or directors in connection with the incorporation and organization of the Corporation be, and they hereby are, ratified and adopted as the action of the Corporation effective as of the date such action was taken.
