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BY-LAWS of WICKFORD HIGHLANDS HOMEOWNERS ASSOCIATION The Town of North Kingstown State of Rhode Island
ARTICLE 1.
The name of the corporation is the WICKFORD HIGHLANDS HOMEOWNERS ASSOCIATION.
ARTICLE 2 PURPOSES AND OBJECTS
In clarification of the purposes for which the non-business corporation has been formed as set forth in the articles of incorporation, the purposes and objects are as follows:
A. To develop a community designed for safe, healthful and harmonious living.
B. To promote the collective and individual property and civic interests and rights of all persons, firms and corporations owning property at Wickford Highlands as said property is shown on that certain map entitled, "That certain tract or parcels of land located in the Town of North Kingstown, County of Washington, State of Rhode Island entitled "WICKFORD HIGHLANDS, A. P. 111, Lots 3, 14, 15 and 20, A. P. 125, LOTS 5 AND 8, SITUATED ON STONY LAND AND LANG DRIVE IN NORTH KINGSTOWN, RHODE ISLAND PREPARED FOR WAQUOIT LANDING, INC. SCALE: 1" = 200' DATED OCTOBER 16, 1992 BY GAROFALO AND ASSOCIATES, INC. AND RECORDED LOTS ARE SPECIFIED AS 1 THROUGH 125 INCLUSIVE ON SAID PLAT" which is recorded in the Land Evidence Records of the Town of North Kingstown in Plat 1421.
C. To care for the improvements and maintenance of facilities of any kind dedicated to the community use and other open spaces and other ornamental features of the above-described plan of land known as Wickford Highlands, which now exist or which may hereafter be installed or constructed therein.
D. To cooperate with the owners of all vacant and unimproved lots and plots now existing or that hereafter shall exist in the tract in keeping them in good order and condition, in preventing them from becoming a nuisance and a detriment to the beauty of the tract and to the value of the improved property therein, and to take any action with reference to such vacant and unimproved lots and plots as may be necessary or desirable to keep them from becoming such nuisance and detriment.
E. To aid and cooperate with members of this non-business corporation and all property owners in the tract in the enforcement of such conditions, covenants and restrictions on and appurtenant to their property as are now in existence, as well as any other conditions, covenants and restrictions as shall hereafter be approved by a majority vote of the members of the corporation.
F. In general, but in connection with the foregoing, to do any and all things necessary to promote the general welfare of the residents and owners of any portions of Wickford Highlands and their property interests therein.
G. To exercise any and all powers that may be delegated to it from time to time by the owners of real property in the plat.
ARTICLE 3 MEMBERSHIP
1. The corporation shall be organized as a non-business corporation without capital stock and mandatory membership shall be evidenced by record ownership in the Land Evidence Records of North Kingstown, Rhode Island, including ownership of premises in that plat entitled, WICKFORD HIGHLANDS, North Kingstown, Rhode Island, owned by Waquoit Landing, Inc., hereinafter referred to in these By-Laws as the Plat and also evidenced by a certificate of membership which shall be in a form approved by the members.
2. Membership shall only attach to those lots known as Record Lots 1 through 125 inclusive.
3. Only persons owning real property in the Plat or owning stock in a corporation owning real property in such Plat and plan of land, their successors and/or assigns shall be a member.
4. Where two or more persons are the joint owners of real property in North Kingstown, one and only one, shall be a member. Where two or more persons are stockholders in a corporation owning real property in such plat and subdivision, one, and only one, shall be a member.
5. Each member shall be entitled to one vote for each lot owned by him/her in Wickford Highlands, North Kingstown, or in the case of a member owning stock in a corporation owning lots on said plat, such member shall be entitled to one vote for each lot owned by said corporation. No voting privileges shall accrue to any entity or individual owning property until the Developer sells its final lot in the Development.
6. Membership is transferred by the assignment or sale or by inheritance or testament upon the death of the owner and all rights of membership belonging to the former owner shall inure to the assignee, vendee, heir or legatee of the lot or lots in Wickford Highlands, North Kingstown, Rhode Island.
7. In the event of a foreclosure sale by a mortgagee of a lot on said plat, the certificate of membership shall be transferred to the purchaser at the foreclosure sale. The previous owner will so endorse the transfer of the certificate of membership; however, in the absence of such endorsement by the previous owner, the secretary of this corporation is authorized to execute and effect the transfer of said membership.
8. Place of Meetings: The place of meetings of the members shall be determined from time to time by the Board of Directors and the place at which such meeting shall be held shall be stated in the notice and call of meeting.
9. Annual Meeting: The annual meeting of the members of the corporation shall be held on the first Tuesday of June of each year, if not a legal holiday, but if such day be a legal holiday, then on the next business day following. At each regular annual meeting of the members, the directors of the corporation shall be elected for the term of the ensuing year, and the officers of the corporation shall present the annual report to the membership.
In the event that any regular annual meeting of the members is not held on the date provided for, the next meeting of the members shall be deemed to be the regular annual meeting, and the notice or waiver of notice of such meeting shall set forth that it is the regular meeting.
10. Special Meetings: Special meetings of the members, for any purpose or purposes, unless otherwise prescribed by statute, may be called by the Chairman of the Board of Directors, or the President or in their absence by any Vice-President, or by a majority of the Board of Directors, and shall be called at any time by the Chairman of the Board of Directors, or the President upon the request of members owning at least twenty-five (25%) percent of the lots on Wickford Highlands, North Kingstown. Business transacted at all special meetings shall be confined to the objects stated in the call.
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