Okolona messenger. (Okolona, Miss.) 1900-current, 1905-05-10
First published II Messenger May 3, 1905
CHARTER OF INCORPORATION
-OF THE
EAST LAKE FISHING CLUB.


ARTICLE 1. Thas DR.. d. +. Morgan,
+. M. Elliott, d. L. Morrison, Walter
Smith and other associates who may
become stockholders, 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 (S20.O0) each, which
amount may be Increased ct 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 10 preparing and improving the
property.
ARTICLE 81. That aeid stock holders
shall organize by meeting at an early
date as practicable, cale7 hva petition
signed by at least a ma 9spy Of the
stockholders, and elect 3 Board Of
Directors, which shall consist OF Eve
members Of the stockholders, a major
ity Of whom shall constitute a quorum,
and whose duty Il shall be to elect the
officers OF said corporation, which
shall consist Of q President, Secretary
and Treasurer.
ARTICLE 4. That said Board Of
Directors shall have full and ample
power to make all 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 Stockholders as well
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 q
general control and supervision over
the business, and especially IS said
Board Of Directors authorized to pro-
vide by by. laws; that a member or the
owner Of a certificate Of stock IN said
corporation, shall forfeit his stock AND
right to enjoy the privileges Of stock
holder Of said cooperation or anywise
participate in the same in the event
said member does not pay bis dues as
provided BY bylaws, or said member
Is guilty Of any conduct u~nbecoming :
gentleman.
Provided further that such members
unbecoming conduct or delinquency. Il
proven to the satisfaction Of a majority
Of the stockholders at irregular or called
meeting; that Is to say, said corporation
being organized for social purposes, s.
shall have full and ample power to pro
vide by bylaws how and for VIVA
offense its members may be tried ant
dismissed and how a stakeholder shall
forfeit his stock, and It's judgement o
determination IN this matter shall b
final.
ARTICLE 8. That said corporation
shall have authorityto buy enough LAM
on which to construct q lake, gymna
stun, base. ball ground football ground
tennis court, and other places o
amusement not to exceed Two HundreI
(20e) acres.
ARTIoE 8. That In the election Q
said Board Of Directors, each stool
holder shall be entitled to q vote 70
each share of the capital stock that b
holds; n 0 stock holder shall own 0
hold more than one share, a majority Q
votes to control. Absent stock holder
or Directors may be represented B
proxy In writing. No transfer Of stoc
to be made to any person who has nc
heen duly elected to become 8 membe
of the same by nine -tenths Of the vote
at q regular meeting after ten day
notice to each and every member thl