The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-08-31

VI DUIlOCA &OullLJ, w. L. Al9MeulS,
of WORTH county and E. A. Gershon,
f 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 a club to
promote social intercourse among its
members, and also pecuniary gain to
its shareholders, and it's 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 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 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.
thousand dollars.
Fifth: That the corporation shall
have the right through its sharehold-
ers, or 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
CT 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
tandswelfare 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 steck from. time to- time by a
majority vote of the stock outstand-
ing at the time to, any-.amount or
amounts not exceeding flxe hundred
time such stb4e Tis t0bsdribed and
issued or which al kafedrwards be
adopted - FHl ~ e
sy1isixt's: That the corporation shall
have ths right to reseHe lin payment
fer its capital Stock Feal ior personal
property. '.a,*eyA& d
Seventh: That such corporation
sdall have, in addition to the rights
and powers hereino Specifically set
out, the right to sueSand be sued
contract and ,.be .centracted with, to
borrow money and secure the same
by mortgage, deed to secure debt, OF
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, Twitty G Reese.
Petitioners Attorneys