Update!!!! There is a Roadgrader in LSPOA

Happy Day we have a roadgrader working within Lakemont this is a good thing. Also the Kiddee park that was in Tatum Park (Allyson Acres) was relocated to the POA office at the entrance of LSPOA.

UPDATE!!!! THE 2010 POA Election

The latest news letter states because of the lack of participation on behalf of potential Board Members there will not be an election of officers. This is in violation of our Governing documents! It may be time to dissolve the Lakemont Shores POA if there is a lack of interest in the governance of the POA.

New Trial date August 8th, 2010 Delaware Co. Courthouse Jay, Ok.

To anyone that is interested the next trial date is August 8th 2010. I was under the impression the date was May 5th 2010 and was revised to the new date. Does anyone have any comments on this court date (pretrial hearing)?

Loss Of Ameneties

Update.............to the POA membership you have lost more of your dwindling amenities. If you have not noticed that Tatum park has been demolished. The pool has been filled in the bathrooms shutdown after being repainted and serviced for this years usage! The kiddee park rides were removed. This is not a bad thing this park was built on the GRDA controlled property. This was stupid from the very beginning besides the whole area is subject to flash flooding. Not the best place for children or for camping. The pavillion shelter was taken down and relocated to the clubhouse area. Reader please note all of these amenities were a part of Allyson Acres! Also it has been told by a reliable source the person responsible for relocating the pavillion shelter was a member of the POA board and was paid a 1,000.00 for his efforts. I believe this is a egregious error on the part of the POA board of directors. A flagrant malfeasance of fiduciary duty. If the party doing the removal received a payment by check made out "To Cash" there may be reason to believe that the annual audit, that has not been done for two years, is not being done for concealment purposes. Just saying!!!

Filings with the Secretary State of Oklahoma

(1) Southwest Investment Co. filed a Certificate of Qualifications (TAC) #464241 on 7-8-1980.

(2) Southwest Beneficial Finance Inc. (dba) Lakemont Shores & Bay Club filing #230035264 on 7-8-1980

(3)Southwest Investment filed a Trade Name Report #1458457 on 12-11-1980

(4) Southwest Investment Co. (a Texas Co.) filed with the Secretary of State of Oklahoma Foreign for profit Company filing #2310115883 to do business in Oklahoma 12-15-1980.

(5) Southwest Investment Co. filed Certificate of Merger #1170363 Southwest Beneficial Finance Inc. (Illinois) on 12-15-1980.

(6) Southwest Beneficial Finance Inc. filed for Certificate of Withdrawal #8011040019 (cease doing business in Oklahoma) on 9-18-2007.

Articles of Incorporation of Lakemont Shores POA 2003

In the Articles of Incorporation it states the duties of the Board of Directors. It does not provide for the purchase of tax lots for the POA. In disregard of these provisions the majority of the Board voted that the President purchase lots at the Delaware County tax sale in September 2008. The President bid on and purchased certain lots for the POA and then he denied purchasing them for several months until admitting his culpability. If the reader has access to the Delaware County Land Records and searches on the Subdivisions and lot and block you will find that nine (9) lots were recorded on Nov. 25, 2008. The lots purchased were located in Lakemont Shores POA HeatherValley lots 74,125,322,371 & 472. Allyson Acres subdivisions Grandview B4,L8 Hilltop B6,L9 partial Dogwood B9,L9 Golf B7,L3 partial.

In their own words

Lots in Allyson Acres-East, West, South, Oaks, Valley View, Dogwood, Mobile Vista, Hilltop, Golf, Echo 1&2 Amended additions and the Estates may be subjected to and be entitled to the benefits of this Declaration and membership in the Association; provided, however, that the Developers written consent shall be required and an instrument bearing such consent and sufficient in all respects to subject the property to this Declaration and all of the obligations of the Association shall be recorded with the real estate records of Delaware County, Oklahoma. These are the requirements necessary for property owners in Allyson Acres to become a member of the Lakemont Shores POA. In my opinion if Lakemont Shores POA can not produce the instrument (and none exists) they have been billing every property owner illegally.