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Section 6: General Policy: It shall be the right and <br /> responsibility of the Corporation to enquire into the attitude and <br /> beliefs of any prospective member to be reasonably sure that his <br /> behavior will be in harmony with the principles on which this <br /> corpora iou is based and as are stated in the Preamble to these <br /> articles. <br /> Section 7: Lea s ing. Members of the Corporation, if they <br /> are conslidering renting their property to tenants, are required to <br /> inform tlheir tenants fully of the nature of this Corporation and <br /> community. It is expected that the tenant will be in harmony with <br /> our idealls and will participate in the work and affairs of the <br /> Corporation in his Member's stead. <br /> Section 8: Consent to By-Laws: All new Members when <br /> joining the Corporation, will be required to read these Bylaws <br /> and Preamble and sign a statement that they understand and intend to <br /> abide bithese Bylaws. <br /> ARTICLE IX. <br /> STOCK OWNERSHIP AND TRANSFER REqUIMIENTS <br /> Section 1. ownership Requirements: Only those persons <br /> approved, by the then current shareholders under the principles stated in <br /> the preamble hereto shall be eligible to own stock in the corporation. <br /> A five acre tract shall be deeded to a qualified individual contingent o: <br /> 'said individual having purchased stock in the corporation. Such stock <br /> shall be issued by the corporation to qualified individuals in an amount <br /> determined by the Board of Directors. <br /> Section 2. Stock Privileges; By virtue of stock ownership, <br /> each shareholder shall hold an undivided interest is the common grounds <br /> of the corporation with all privileges to the use thereof as may be <br /> designateld from time to time by the Board of Directors. <br /> Section 3. Limitation upon Transfer: Any shareholder <br /> desiring to convey his homesite shall also be required to convey <br /> his or her stock to the purchaser thereof at the time of transfer. <br /> � Any shareholder desiring to convey his or her property <br /> within the corporate community shall notify the Secretary of the cor- <br /> poration at least forty--five (45) days prior to the time such property <br /> is placed on the market through private solicitations or through a <br /> broker. <br /> If the Property being offered for sale is vacant (not yet <br /> improved with a dwelling), the corporation shall have forty-five <br /> (45) days from and after receipt of such notice to re-purchase said <br /> property or find an acceptable buyer at the original price at which <br /> it was purchased plus interest at six percent (6Z) per annum from <br /> atid afterl the date of acquisition. Upon the expiration of forty- <br /> five days* the withdrawing shareholder may sell to anyone of his or <br />