At first I thought you had not given me anything that I could use to understand what was going on, because it lacked details. Please let me "Play back" certain parts of what you said....

Unhappy board members,
Unresolved issues with board members,
i really thought all was ok,
adults not "playing well together".
I get no help from half of our board,
We are now trying to accomplish,
I have never done this before

This sound like you have a divided board, and you are in denial. You need the rest of your board. Something has caused them to receed into "the Principal shell".

The principal has said, "STOP and work out your differences". I looked for the evidence that you stopped to work out your differences. You said, "We are now trying to accomplish". This says you aren't stopping to work out your differences.

I know that likely, another opinion exists that will tell you, "Are you an independent organization?" Yes, it is correct that if you are an independent organization, you have the right to autonomy, but it almost always only exists outside the school. You need the good graces of the Principal to work effectively inside the school.

The principal has said, "STOP and work out your differences".

January is only a little over a month away. Spend time being thankfiul for the other board members. Get in the Christmas spirit toward the other board members. Before you know it, January will be here.

These issues will not be gone in January, though. It's only through getting to know the other board members will you learn what makes them happy.

What will you do next?

I was voted in at the end of last year as the vp of our group. Our pres. had left and as such the vp then stepped up and then it left a hole. I was a kindergarten parent at the time. This year all started out well until school actaully started. Our principal started talking to unhappy board members and started to treaten to shut down PTO. ( i later found out he has been treatening this for years)
IN the after math of all the drama the pres and i were under the impression that things were fine and that we could move on with what needed to be done. We then got an email from our principal stating that he was giving PTO a time out until Jan. he also sent home a note to parents stating that due to unresolved issues with board members there would be no meetings until Jan.
The weird part is that the pres and i really thought all was ok. The day the princpal did this i went in to talk to him to let him know exactly what he was stopping. He had not thought about all of the events already being planned actively by volunteers.
I am in shock and am trying to make sure all happens that needs to so that the kids are not hurt by the adults not "playing well together". I get no help from half of our board unless the principal tells them it is ok. I have one devoted parent who helps me do anything I ask or need. She is the only person i know i can count on for support with everything that has to still happen. We are now trying to accomplish several things without PTO funding since we can not go to the PTO and ask for funding since we have no meetings right now.
The real kicker is that this is an election year for us and also the year we planned to re write our by laws. Our principal is now stating that we can not have a by laws committee meeting unless he can be present b/c he wants to make sure his opinions are in there.
What do we do now? I have no idea where to go from here. I am holding on by a thread to something I thought I could do to help my son and his school.
I have never done this before and I have never been up against so many people that seem to be driven by pure self need or want and no real desire to help the kids, which is why I thought we were all here as volunteers.