The Association shall have two classes of voting membership:
Class A. Class A members shall be all those owners as defined in Article V with the exception of the Class B Members. Class A members shall be entitled to one vote for each lot in which they hold the interest required for membership by Article V. When more than one person holds such interest in any lot, all such persons shall be members. The vote for such lot shall be exercised as they among themselves determine, but in no event shall more than one vote be cast with respect to any lot.
Class B. The Class B members shall be G. T. Urquhart Limited and all other owners of more than one (1) undeveloped lot that is subject by the Declaration of Covenants, Conditions, and Restrictions to assessment by the Association who shall be entitled to three (3) votes for each lot in which they hold the interest required for membership by Article V, provided that the Class B memberships shall cease and a Class A membership with one (1) vote for each lot in which they hold an interest shall be issued on the happening of either of the following events, whichever occurs earlier:
- When the total votes outstanding in the Class A membership equal the total votes outstanding in the Class B membership.
- On January 1, 1984.