Okolona messenger. (Okolona, Miss.) 1900-current, 1905-05-03
lEnt published In Messenger May 3, 1901
CHARTER OF INCORPORATION
OF The
EAST LAKE FISHING CLUB.

ARTICLE /. That DR.. d. +. Morgan,
+. M. Elliott, III. L. Morrison, Walter
Smith and other associates who may
become stock holders, and their sue
cessora. b6 and are hereby created Al
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 (s500.O0) all Of which is paid,
consisting Of twenty-five shares or
Twenty Dollars (S20.O0) each, which
amount may be Increased ct the
pleasure OF the stockholders by amend
ment al provided by law, and which
stock may be assessed as the Board OF
Directors may see proper and money TO
be used In preparing and improving the
ARTIcLE 8. That ssid Stockholders
shall organize by meeting At an early
date as practicable, callei w a petition
signed by at least q majuiitY OF the
stockholders, and ELECT a Board Of
Directors, which shall consist OF I'VE
members Of the stockholders, a major
itv Of whom shall constitute a quorum,
and whose duty Il shall be to elect the
officers Of said corporation, which
shall consist Of a President, Secretary
and Treasurer.
ARTICLE a. That said Board Of
Directors shall have full and ample
I'VE TO make all rules, y-laws ano
regulations to govern and control sale
CORPORATION, and to regulate the time
Mace and manner Of meeting Of them
selves and Of the stockholders rs wei
as the time, place and manner Q
the ,election Of all officers anC
Of the Board of Directors, sheh
term Of Office and otherwise exercise
general control and supervision Owe
the business, and especially Is SAL
Board Of Directors authorized 20 pro
vide by bylaws; that a member or tn
owner Of a certificate of stock IN SAT-
corporation, shall forfeit his stock ant
right to enjoy the privileges Of a stock
holder Of said corporation or anywis'
participate in the same in the even
said member does not pay bis dues al
provided by bylaws, or said membe
Is guilty Of any conduct unbecoming
gentleman.
Provided further that such member
unbecOming conduct on delinquency
proven to the satisfaction Of a majorit
Of the stockholders at irregular or Gale
meeting; that is to say, said corporatIo
being organized for social purposes, ]
shall have full and ample power to pr
vide by bylaws how and for whit
ofsnse its members may be tried an
dismissed and how a stockholder sha
forfeit his stock, and its Judgement 9
determination In this matter shall .
final.
ARTICLE 8. That said corporatlC
shall have authorityto buy enough lar
on which to construct a lake, gymn'
stun, base. ball ground football groun
tennis court, and other places
amusement not TO exceed Two Hnndr'
(2O0) acres.
Article 6. That in the election
said Board of Directors, each stos
holder shall be entitled to n vote I.
each share of the capital stock that
holds; no stock holder shall own
hold more than one shares majority
votes to control. Absent stock holde
or Directors may be represented
proxy in writing. No transfer Of stoi
to be made to any person who has 2
heen duly elected to become 9 memb
Of the same by nine -tenths of the vot
at a regular meeting after ten DAY
notice to each and every member th