Articles of Incorporation of Olney Mill Community Association, Inc.
(A nonstock Maryland Corporation)
KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned, have this day voluntarily associated ourselves together for the purpose of forming a nonstock corporation under the laws of the State of Maryland, and to that end do hereby adopt Articles of Incorporation as follows:
ARTICLE I: The incorporators, W. CARROLL BEATTY, 7000 Forest Hill Drive, Hyattsville, Maryland; DAVID A. McNAMEE, 4316 Hamilton Street, Hyattsville, Maryland; and CLARENCE L. FOSSETT, JR., 9321 Limestone Place, College Park, Maryland, are at least twenty one (21) years of age and do associate as incorporators with the intention of forming a corporation.
ARTICLE II: The name of the corporation is: OLNEY MILL COMMUNITY ASSOCIATION, INC.
ARTICLE III: The nature of the business and the objects and purposes to be transacted, promoted and carried on are to do any or all of the things herein mentioned as fully and to the same extent as natural persons might or could do, and in any part of the world, viz.:
To promote the recreation, health, safety and welfare of its members and the residents of the Olney Mill Subdivision of Montgomery County, Maryland; and to improve and maintain the property owned and/or leased from time to time by the Association, including but not limited to, the maintenance and improvement of parks, playgrounds and any and all other facilities located or established from time to time thereon; and to promote, improve and maintain the beautification of the Olney Mill Subdivision, including, but not limited to, the entrances to the subdivision and the areas from time to time used in common by the residents of the said subdivision.
To purchase, take, own, hold, deal in, mortgage or otherwise lien and to lease, sell, exchange, convey, transfer or in any manner whatever acquire or dispose of real property, within or without the State of Maryland.
To purchase or otherwise acquire and to hold, own, mortgage or otherwise lien, pledge, lease, sell, assign, exchange, transfer or in any manner dispose of, and to invest, deal and trade in and with goods, wares, merchandise and personal property of any and every class and description, within or without the State of Maryland.
To enter into, make and perform contracts of every kind for any lawful purpose with any person, firm, association or corporation, town, city, county, body politic, state, territory, government or colony or dependency thereof.
To borrow money for any of the purposes of the corporation and to draw, make, accept, endorse, discount, execute, issue, sell, pledge or otherwise dispose of promissory notes, drafts, bills of exchange, warrants, bonds, debentures and other negotiable or non negotiable, transferable or non transferable instruments and evidences of indebtedness and to secure the payment thereof and the interest thereon by mortgage or pledge, conveyance or assignment in trust of the whole or any part of the property of the corporation at the time owned or thereafter acquired.
To have one or more offices and to conduct any or all of its operations and business and to promote its objects, within or without the State of Maryland, without restriction as to place or amount.
To do any or all of the things herein set forth as principal, agent contractor, trustee or otherwise, alone or in company with others.
The object and purposes specified herein shall be regarded as independent objects and purposes and, except where otherwise expressed, shall be in no way limited nor restricted by reference to or inference from the terms of any other clause or paragraph of this certificate of incorporation.
The foregoing shall be construed both as objects and powers and the enumeration thereof shall not be held to limit or restrict in any manner the general powers conferred on this corporation by the laws of the State of Maryland.
ARTICLE IV: The post office address of the principal office of the corporation in the State of Maryland is 4316 Hamilton Street, Hyattsville, Prince George's County, Maryland 20781. The name and post office address of the Resident Agent of the corporation in the State of Maryland is W. CARROLL BEATTY, 4316 Hamilton Street, Hyattsville, Prince George's County, Maryland 20781, and said Resident Agent is an individual actually residing in this State.
ARTICLE V: This corporation is not authorized to issue capital stock nor to declare dividends and no other pecuniary profits shall be declared or paid to the members thereof.
ARTICLE VI: The number of directors of the corporation shall be five (5), which number may be increased or decreased pursuant to the By Laws of the Corporation, but shall never be less than three (3). Said directors shall be denominated as the Board of Directors and the names of the persons who shall act as the Board of Directors of the corporation until the first annual meeting are: ALBERT W. TURNER, HERNDON G. KILBY, WARREN PEARCE, CLINTON W. SCAGGS, JR., and JOSEPH V. VACCHIO.
ARTICLE VII: This corporation is to have perpetual existence.
ARTICLE VIII: The private property of the members shall not be subject to the payment of corporate debts to any extent whatsoever.
ARTICLE IX: In furtherance, and not in limitation of the powers conferred by the laws of the State of Maryland, the Board of Directors is expressly authorized:
To make, alter, amend and repeal the By Laws;
To set apart out of any of the funds of the corporation available a reserve or reserves for any proper purpose and to alter or abolish any such reserve; to authorize and cause to be executed mortgages and liens upon the property and franchises of this corporation;
From time to time to determine whether and to what extent and at what times and places and under what conditions and regulations the books and accounts of this corporation shall be open to the inspection of the members and no member shall have any right to inspect any account, checkbook or document of the corporation except as conferred by law or authorized by resolution of the Board of Directors or of the membership.
ARTICLE X: The Board of Directors and the membership shall have the power to hold their meetings, to have an office or offices, and to keep the books of the corporation inside or outside of the State of Maryland at such places as may from time to time be designated by the By Laws or by resolution of the Board of Directors.
ARTICLE XI: This corporation reserves the right to amend, alter, discharge or repeal any provision contained in these Articles in the manner now or hereafter prescribed by law and all rights conferred on the Board of Directors or the general officers of the corporation as created under appropriate provisions of the By Laws are granted subject to this reservation.
IN WITNESS WHEREOF we, the herein named incorporators, have signed these Articles of Incorporation on the third day of April 1969.
WITNESS:
NANCY E. MAHAN (signed), W. CARROLL BEATTY (signed), DAVID A. McNAMEE (signed), CLARENCE L. FOSSETT, JR. (singed)
STATE OF MARYLAND, COUNTY OF PRINCE GEORGE'S
I HEREBY CERTIFY that on this third day of April 1969, before me, the subscriber, a Notary Public of the State of Maryland, in and for the County of Prince George's, personally appeared in said State and County W. CARROLL BEATTY, DAVID A. McNAMEE and CLARENCE L. FOSSETT, JR., and severally acknowledged the foregoing Articles of Incorporation to be their act.
WITNESS my hand and Notarial Seal this third day of April, 1969.
NANCY E. MAHAN (signed)
Notary Public, Maryland
My Commission Expires:
July 1, 1969