2007-11-09 / Letters

Dayton Beach Park #1

Dear Editor,

Once again, the shareholders of Dayton Beach Park #1 Corp. have been subjected to the travesty of an insult of an election! How low will the Board majority sink, to preserve their power?

It began with the accidental (?) deliberate posting of minutes from a closed meeting suggesting that the shareholders pay to vote at our election (notarize our proxy); then the proxies were coded with numbers so that if you accidentally discard it, and were unable to vote in person, then that's your tough luck!

The distribution of a four-page campaign flyer, (our money paid for Joanne Smith campaign flyer), under the disguise of a "President's Report." She failed to tell the shareholders the truth that all the "good things to do" are awaiting H.P.D. approval, distributing confusing notices as to qualifications

Letters to attend the meeting and to vote. H.P.D. was forced to step in, and Tracy Wright was ordered to revise the notice. She did it on overtime at our expense. The revised notice said essentially the same thing, worded differently. The financial report was not distributed until the evening before the meeting, leaving insufficient time for the shareholders to properly review the figures and formulate questions to ask at the meeting.

The atmosphere entering the meeting was that of a

night club. Private

bodyguards at the door, hired at our expense to check I.D. of the shareholders. At the meeting itself the shareholders were treated with extreme disrespect by the board, management, the attorney, and their "so called professionals." Some of the shareholders tried to ask legitimate questions, only to be insulted. The accountant stated, "half an answer is better that none!" The attorney who is trusted to represent 1,100 shareholders was asked, why he had not signed a correspondence sent to shareholders. He responded that his name is on the letterhead so there was no reason for him to sign. The question was also asked, why did it take three years to properly invest our money, causing us to lose millions in interest? Mary Ann Lane responded "better late than never!"

The results of the election were supposed to be delivered as early as the next day! We are now being told that the attorney has challenge issues? Joanne Smith and her crew were not elected! It is apparent to the attorney that his job is now on the line. The two former Board members were reelected after Ms. Joanne Smith and the attorney schemed to remove them as retaliation for Ms. McLean and Ms. Grady exposing Dayton's gross mismanagement and warning the shareholders about the new maintenance increase that Smith repeatedly lied about to the shareholders that "no increase was planned."

On October 29, ten days after being ousted as Board Members (and the results were certified), they held an illegal meeting. They alleged that shareholders voted twice, a shareholder daughter signed for her, and there was disruption on the lines. Joanne Smith, Ann Lyons, Jean Fearon, Mary Ann Lane, Mary Reid, Michael O'Connor, Marylyn Kaufman, Laura De voe and Leyla Macaulay all voted to overturn the votes and force a new election. After the meeting outside 8400 Shore Front Parkway in desperation, they grouped together discussing with the attorney, strategies to secure their seats on the Board. This can only happen in Dayton Beach Park.


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