The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-09-04
PETITION FOB CHARTER

StatE. CT GeOT9idy county OF t1iynil.
To the, Superior Court of said County
The petition of C. Downing, J. j..
Lissner and E. C. Bruce, CT Glynn
county, and of ]. r. Beckman and
Geo. Pa Rankin, of Bib, J. Gordon
JONES' Of. Crisp county w. G. Raines
of Bullock county, W. T. Clements,
of Worth county and E. A. Gershon,
CT Fulton county, all of the State of
Georgia, respectfully shows:
First; That petitioners desire for
themselves, and such other persons
as may be associated with them, to
be, Incorporated under the cooperate
name and style of the EST. SIMONS
EAST ST BEACH CLUB" for term of
twenty years, with the privilege Of
renewal at the expiration of that
time. b 81
Second The principal Office Of
said corporation shall be in the city
Of Brunswick, Glynn county, Georgia.
With atfe right to establish branches
and agencies in other places in said
state, ''and IN" other states.
Third! 1.-THE object cf said corpor-
| alton is the organization Of a club to
promote Social intercourse among it's
members, and also pecuniary gain to
Its shareholders, and its particular
| objects are: to purchase, acquire,
hold and improve lands on and ad-
jacent to the sea-shore on st. Simon
Island Georgia.; to erect and NAM
tain club houses and cottages there,
on; 20 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 libra
ries in connection with such club; to
| construct, maintain and operate or
lease hotels and restaurants; to make
ether investments and improvements
including the right to buy, lease. own.
hold, manage, operate, sell. or other
thousand dollars.
Fifth: That the corporation shall
have the right through its ehareAold-
ers, IT through such loard Of direct
ors or ether governing beard as the
shareholders may designate, ccnsti-
TUE and authorize, to make all nee
es85ly and 4roper bylaws. rules and
regulations for the government of
its shareholders and members. and
with, the right to issue its shares
cf 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
pcration; 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
safd Corporation ghall be ten thous,
and dollars, divided into shares of
the ipar,value 'ofj6Ve hundred dollars
each, wifh' the fright to increase the
capital 81 Elk from time to time by a
of the stock outstand-
ing ats.the time TO any amount or
amounts not exceeding five hundred
time such stock is subscribed and
issued OF which may afterwards be
adopted.ui ,....,,.,
SIKH That the corporation shall
have the, right ,to receive in payment
for its capital stock real or personal
property. i.,i,...
seventh: That such corporation
shall have, in addition to the rights
and powers herein specifically set
out the right to sue and be sued,
contract and be contracted with. to
borrow money ard secure the same
by mortgage, deed to secure debt or
any rthor conveyance or pledge of it's
property, TO have and use a Corporate
seal, and generally to have such 9TH
er rights, powers and PRIVILEGES as
are granted TO and vested in such
corporations and organizations by
the laws Of said state
Bennett, TWitty & Reese.
Petitioners Attorneys.