Okolona messenger., 1905-05-17
FIRST published IN Messenger May 8. 1905
CHARTER OF INCORPORATION
-OF The
EAST LAKE FISHING CLUB.


ARTICLE 1. THAT DR.. d. +. Morgan,
+. M. Elliott, III. L. Morrison, Walter
Smith and other associates who may
become holders, and their sue
cessors, be and are hereby created a
body incorporate and polite, by the
name and style OF the East Lake Fishing
Club, for the purpose Of encouraging
outdoor sports and recreation.
ARTICLE 2. Ire capital stock Of said
incorporation shall be Five Hundred
Dollars (e500.00) all Of which is paid,
consisting Of Twenty-Five shares Of
Twenty Dollars $4,000 each. which
amount may be increased at the
pleasure Of the stockholders by amend
ment as provided by law, and which
stock may be assessed as the Board Of
Directors may see proper aud money to
be used In preparing and improving the
property.
ARTICLE 3. That ssid stock holders
shall organize by meeting at an early
date as practicable. calico hv 4 petition
signed by at least a MAJ MY Of the
stock -hOlders, and elect Board Ct
Directors, which shall consist OF five
members Of the stock holders, a major
ity Of whom shall constitute a quorum,
and whose duty It shall be to elect the
officers OF said corporation, which
shall consist of President, Secretary
and Treasurer.
ARTICLE A. That said Board Of
Directors shah have full and ample
power to make ell rules, by laws and
regulations to govern and control said
corporation, and to regulate the time,
place and manner Of meeting of them
selves and Of the stock holders as we'll
as the time, place and manner of
the election of all officers and
Of the Board of Directors, their
term Of Office and otherwise exercise a
general control and supervision over
the business, and especially is said
Board Of Directors authorized to pro-
vide by by. laws; that q member or the
owner Of q certificate of stock in said
corporation, shall forfeit his stock and
right to enjoy the privileges of a stock
holder of said corporation or anywise
participate in the same in the event
said member does NOT pay his dues as
provided by bylaws, or said member
is guilty Of any conduct unbecoming a
gentleman.
Provided further that such members
unbecoming conduct on delinquency is
proven to the satisfaction of a majority
of the stockholderSat regular or called
meeting; that is to say, said corporation
being organized for social purposes, II
shall have full and ample power to pro-
vide by bylaws how and for what
offense its members may be tried and
dismissed and how stockholder shall
forfeit his stock, and it's judgement or
determination In this matter shall be
final. a.
ARTr 5. That said corporation
shall IA authorityto. buy enough land
on which to construct q lake, gymna-
stun, base ball ground, football ground,
tennis court, and other places Of
amusement not to exceed Two Hundred
(200) acres.
ARTICE 6. That in the election Of
said Board of Directors, each stock
holder shall be entitled to one vote for
each share of the capital stock that he
holds; no stock holder shall own or
hold more than one share, a majority Of
votes TO control Absent stock holders
or Directors may be represented by
proxy in writing. No transfer of stock
to be made to any person who has not
heen duly elected to become g member
of the same by nine tenths of the votes
at regular meeting after ten days.
notice TO each and every member that