Annual Meeting Minutes

January 28, 2011

The Annual Meeting of the Lakeshore Company shareholders was called to order at approximately 9:26 PM by President Austin Godfrey.

The Secretary indicated that a quorum of 51 shareholders was present or represented via proxies.

Several topics related to the Lakeshore Company had been previously addressed at the earlier MKL Association meeting. As such, the Board briefly summarized issues such as the proposed by-law change to require a review of Lakeshore financial records by a committee appointed by the board. The proposed by-law change was unanimously approved by the members present.

The following Lakeshore Officers were elected:

Austin Godfrey; President

Barbara Coulter: Treasurer

Tawyna Kabnick: Secretary

The meeting was adjourned at 9:40 p.m.

Respectfully Submitted,

Nancy Priscu