The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-09-01

of Worth county and E. A Gershon,
CT Fulton county, alli,ef theIState Of
Georgia, respectfully shows:
a. First: That petitioners desire for
themselves, and such@other persons
as may be associated with them. 10
be Incorporated unde- the coporate
name and style of tne ST. SIMONS
EAST BEACH CLUB" for a term Of
twenty years, with. the privilege Of
renewal at the expiration Of that
time
Second: The principal Office of
said corporation Shall De in tie city
of Brunswick. Glynn county. Georgia.
with the right to establish branches
and agencies in other places in said
state, and in other states.
Third: The object q said corpog-
alton is the organization Of d club 70
promote social intercourse among its
members, and also pecuniary gain 10
its shareholders, and lis particular
objects are: 10 purchase, acquire,
hold and improve lands on and adj
jacent to the sea-snore on s.. Simon
Island, Georgia; To erect and MAIN
tain club houses and cottages there
on; to erect and maintain bath hOus-
es, pavilion, tennis courts. bowling
alleys, moving picture shows. and
ether amusement features: to estab-
fish and maintain a library or litra-
ries in connection with such club; 10
constr t. maintain and operate or
lease els and restaurants; to make
ether liz estments and improvements
including the right 10 BUY, lease, own,
hold, manage, operate, sell. or other
thousand dollars.
Fifth: That the corporation shall
have the right through its sharehold-
ers, CT through such BOARD of direct
ors or other governing board as the
shareholders may designate, consti-
tute and authorize, to make all nee
essary and proper bylaws, rules and
regulations for the government of
its shareholders and members, and
with the right to issue its shares
Of stock subject to such bylaws,
rules and regulations in force at the
wise dispose of such real or personal
property as may be incident to the
business of the corporation, or as
may be deemed eXpedient by the cor
poration; and to do such other things
and have such other powers incident
to such organization as are not in
consistent with the object of the cor
poration or with the laws of said
state as will promote the pleasure
and welfare of it's members and the
profit of the corporation.
Fourth: That the capital stock of
said corporation shall be ten thous-
and dollars, divided into shares of
the par value of five hundred dollars
! each, with the right, to increase the
capital stock from time to time by a
majority vote of the stock outstand-
ing at the time to any amount or
amounts not exceeding five hundred
time such stock is subscribed and
issued or which may afterwards be
adopted.
Sixth: That the corporation shall
have the right to receive in payment
for its capital stock real or personal
property.
Seventh: That such corporation
shall have, in addition to the rights
and powers herein specifically set
out, the right to sue and De sued
contract and be contracted with. 10
borrow money and secure the same
by mortgage, deed to secure debt. or
any ether conveyance or pledge Of its
property, to have and use a corporate
seal, and generally to have such otl-
er rights, powers and privileges as
are granted 70 and vested in such
corporations and organizations by
the laws of said state
Bennett, Twitty & Reese.
Petitioners Attorneys.