The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-09-03

of Bullock county. w T!~olements,
or NORTH 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 coporate
name and style of the 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 be in the 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 CT said corpor-
alton is the organization OF club to
promote social intercourse among its
members and also pecuniary gain to
its shareholders, and its particular
OBJECTS are: to purchase, acquire,
hold and improve lands on and adj
jacent to the sea shore on st. 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 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,
mold, 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
essaly and proper bylaws, rules and
/ regulations for the government of
its shareholders and members. and
'4'iI INC il-llL " lSout IlS Suul to
Cf stock subject to sucl bylaws.
rules and regulations i'll force at TIE
wise disp Sc 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 its 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
leach, with the right to increase the
! capital ste CHI from time to time by a
majority vote of the stock outstand-
ling 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. .1f|'~'"
T. Sixth: ;Elat4 the.4corporation shall
have the right to receive in payment
for its capital stock real or personal
i,DrODerty " ~ s'n
Seventh" sfsat such corporate n
+ shall hayet in&addition to the rights
ana powers Herein specifically set
out, the right, to sue and be sued,
contract and be contracted with, to
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 9TH
er rights, powers and privileges as
are granted to and vested in such
corporations and organizations by
the laws of said state
Bennett, WITTY & Reese.
Petitioners Attorneys.