The 20-acre Kensington neighborhood was once part of a larger, original homestead established by Mr. Smith in the late 1880s. He and his bride, the former Miss Sales, made their first home in a log cabin in 1917. Years later the Smith family abandoned the log cabin and moved into a new two-story house on the lower 20 acres of the property. The family added a dairy barn in 1928. The farm remained in the Smith family until 1944.
The president shall preside at all meetings of the Board of Directors; shall see that orders and resolutions of the Board are carried out; shall sign all leases, mortgages, deeds and other written instruments and promissory notes.
The secretary shall record the votes and keep the minutes of all meetings and proceedings of the Board and of the members; serve notice of meetings of the Board and of the members; keep appropriate current records showing the members of the Association together with their addresses, and shall perform such other duties as required by the Board.
The treasurer or his delegate shall receive and deposit in appropriate bank account all monies of the Association and shall disburse such funds as directed by the resolution of the Board of Directors; Shall sign all checks and promissory notes of the Association; keep proper books of account cause an annual audit of the Association books
The treasurer or his delegate shall receive and deposit in appropriate bank account all monies of the Association and shall disburse such funds as directed by the resolution of the Board of Directors; Shall sign all checks and promissory notes of the Association; keep proper books of account cause an annual audit of the Association books to be made by a public accountant at the completion of each fiscal year; and shall prepare an annual budget and a statement of income and expenditures to be presented to the membership a it regular annual meeting, and deliver a copy of each to the members.
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