HomeMy WebLinkAbout01-08-96 4B Min107
WESTLAKE DEVELOPMENT CORPORATION
MINUTES OF INITIAL MEETING OF THE
BOARD OF DIRECTORS
JANUARY 8,1996
Present: Dale White
Fred Held
Abe Bush, Jr.
Howard Dudley
Carroll Huntress
Scott Bradley
Paul Isham
Absent. Roland Arthur
The meeting was called to order at 6:35 p.m. by the Town Attorney Paul Isham.
Item #1: Appoint a temporary president. Dale White was nominated by Scott Bradley,
seconded by Fred Held.
Mr. White was elected unanimously.
Item #2: After much discussion and some amendments to the draft of the bylaws
circulated to the Directors, Scott Bradley moved to adopt the bylaws for the
Corporation as amended. Seconded by Dale White.
Motion carried unanimously.
The Board considered Item #4 before Item #3.
Item 44: Motion by Abe Bush, Jr., seconded by Howard Dudley, to designate the Town
Secretary and the Town Attorney to serve in the same capacity for the
Corporation.
Motion carried unanimously.
Item #3: Fred Held was nominated by Carroll Huntress, seconded by Abe Bush, Jr., to
serve as Vice President. Mr. Held was elected unanimously. Carroll. Huntress
was nominated by Scott Bradley, seconded by Dale White, to serve as
Treasurer. Mr. Huntress was elected unanimously_
Item #5: Motion by Scott Bradley, seconded by Carroll Huntress, to use the Westlake
Bank, the same depository as the Town, as the depository for the Corporation,
and to authorize all officers as signatories on the account, but require two
signatures on checks.
Motion carried unanimously.
January 8, 1996
Initial meeting
Item #6: Scott Bradley suggested quarterly meetings, with the next meeting in April
before the Board of Aldermen meeting. Carroll Huntress so shoved, seconded
by Abe Bush, Jr.
Motion carried unanimously.
The meeting was adjourned at 7:00 p.m.
D�Ie White, President
ATTEST:
Ginger CrdAswy, Secretary