2014 PW Annual Additional Meeting

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, 300South 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 procedureauthorized 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 whoare 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 AssociationsArticle, 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 anadditional 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 5-206are 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, andMike 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.

Sincerely,

Elizabeth Betancourt

Enclosures:   Agenda, Section 5-206, 2015 Proposed Budget, Collection Resolution