"This corporation was originally started in the spring of 1954, and the main purpose was to try and uphold the quality of the neighborhood – to keep real estate from being depreciated, to promote and preserve the civic, social and moral welfare of the community known as Northwood in the City of Philadelphia, to maintain and elevate the quality of land usage therein, to maintain and elevate the value of real estate therein, to prevent the infiltration of degrading and inharmonious land use therein, to do all other things necessary to preserve and maintain the amenities and high standards of the community, to engage in any peaceable activities including the institution of legal proceedings necessary for the promotion of the purposes, and this is a corporation which does not contemplate pecuniary gains or profit, incident or otherwise, to its members."