RESCHEDULED ANNUAL MEETING NOTICE
October 23, 2014
Dear Pembrook Woods Homeowner(s),
In Accordance with Article IV of the By-Laws the Rescheduled 2014 Annual Meeting will be held Thursday, November 20th, 2014, at the Emmitsburg Public Library, 300 South Seaton Avenue, Emmitsburg, MD, starting at 6:45pm.
Quorum was not achieved at the Annual Meeting scheduled on September 18th, 2014 so the meeting was adjourned and the Annual Meeting rescheduled using the procedure authorized by Section 5-206 of the Maryland Corporations and Associations Bylaws as voted on by a majority of those present. To reach quorum we needed 18 owners of lots (25% of 70 lots), present in person and/or by proxy; but, we had 14 owners represented, 12 in person and 2 by proxy.
The procedure authorized by Article IV., Section 4.6 and 4.7 of the By-Laws states: "If any meeting of members cannot be organized because a quorum has not attended, the members who are present, either in person or by proxy, may adjourn and reconvene the meeting in accordance with the provisions and requirements of Section 5-206 of the Corporations and Associations Article, Annotated Code of Maryland (1993 Repl. Vol.), as from time to time amended." "The members present thereat shall have the power to adjourn the meeting from time to time and call an additional meeting giving at least fifteen (15) days - notice. At the additional meeting, the members present in person or by proxy shall constitute a quorum." The requirements of Section 5-206 are on the reverse side.
The purpose of the Rescheduled Annual Meeting is to review the past year's operations, discuss the goals and objectives of the Board of Directors, and discuss other business as may come before the members.
There are currently Six (6) Members serving on the Board of Directors. Those members consist of Ed Brogden, Sandra Isaacson, Jenny Joy, John Marsh, Kendall Moore, and Mike Hoffman.
This mailing includes an Agenda, 2015 Proposed Budget, and Collection Resolution.
The Board and Manager look forward to seeing you at the 2014 Rescheduled Annual Meeting.
Elizabeth Betancourt CMCA®, AMS® Community Manager
Enclosures: Agenda, Section 5-206, 2015 Proposed Budget, Collection Resolution