Corporate Charter

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=90 BGCOLOR="#000000" TEXT="#F7F7FF" bgproperties="fixed" background="04d00660dvldtc.gif"> <div> <FONT SIZE="5" COLOR="#CCCC66" FACE="Arial" ><B>PC Isles Golf Club</B></FONT><B> </B><B>    |     </B><A HREF="index.htm" TARGET="_top" TITLE="PC Isles Golf Club"><U><B>home</B></U></A></div> <div> <B>Corporate Charter</B>   |   <A HREF="golf_course_purchase.htm" TARGET="_top" TITLE="The Acquisition"><U>The Acquisition</U></A>   |   <A HREF="annual_golf_championships.htm" TARGET="_top" TITLE="Annual Championships"><U>Annual Championships</U></A>   |   <A HREF="golfing_history_pass_christian.htm" TARGET="_top" TITLE="History of Golfing"><U>History of Golfing</U></A>   |   <A HREF="links_to_heaven.htm" TARGET="_top" TITLE="Links"><U>Links</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" width=250 BGCOLOR="#FFFFFF" TEXT="#080000" bgproperties="fixed" background="05264643.gif"> <div> <I><B>PCI Golf Club </B></I></div> <div> <I><B>Past Presidents</B></I></div> <bR> <div> <B>1952- John Bell</B></div> <div> <B>1953- John Bell</B></div> <div> <B>1954- C.D. Taylor, Jr.  MD</B></div> <div> <B>1955- C.C. McDonald, Jr.</B></div> <div> <B>1956- Joseph E. Phelps</B></div> <div> <B>1957- Gen.  Doyle O.  Hickey</B></div> <div> <B>1958- Richard B.  Merritt</B></div> <div> <B>1959- Col.  Henry G.  Anderson</B></div> <div> <B>1960- C.C. Taylor, Jr.  MD</B></div> <div> <B>1961- J. Woodrow Waggoner</B></div> <div> <B>1962- J. Woodrow Waggoner</B></div> <div> <B>1963- Richard B.  Merritt</B></div> <div> <B>1964- Col.  Henry G.  Anderson</B></div> <div> <B>1965- C.Max Dossett</B></div> <div> <B>1966- C.Max Dossett</B></div> <div> <B>1967- C.Max Dossett</B></div> <div> <B>1968- T.C. McManus</B></div> <div> <B>1969- James McGehee</B></div> <div> <B>1970- James McGehee</B></div> <div> <B>1971- Edward Holmes</B></div> <div> <B>1972- Russell Elliott</B></div> <div> <B>1973- Russell Elliott</B></div> <div> <B>1974- Omer J.  DeBever</B></div> <div> <B>1975- Omer J.  DeBever</B></div> <div> <B>1976- Raymond Dwyer</B></div> <div> <B>1977- James P.  Ward, MD</B></div> <div> <B>1978- E.S. D'Antoni</B></div> <div> <B>1979- E.S. D'Antoni</B></div> <div> <B>1980- Shirley Cefalu</B></div> <div> <B>1981- Shirley Cefalu</B></div> <div> <B>1982- Stanley R.  Calmas</B></div> <div> <B>1983- R.C. Leyser</B></div> <div> <B>1984- Frank Anderson</B></div> <div> <B>1985- Frank Anderson</B></div> <div> <B>1986- Tom C.  Rogers</B></div> <div> <B>1987- Patrick Farrelly</B></div> <div> <B>1988- Jason H.  Floyd, Jr.</B></div> <div> <B>1989- Jason H.  Floyd, Jr.</B></div> <div> <B>1990- William Hudson</B></div> <div> <B>1991- Mamie Calmes</B></div> <div> <B>1992- Patrick Farrelly</B></div> <div> <B>1993- Patrick Farrelly</B></div> <div> <B>1994- Patrick Farrelly</B></div> <div> <B>1995- Clint Bartmam</B></div> <div> <B>1996- Jason Floyd</B></div> <div> <B>1997- Jason Floyd</B></div> <div> <B>1998- Greg Federico</B></div> <div> <B>1999- Jerry Seuzeneau</B></div> <div> <B>2000- Bart Carr</B></div> <div> <B>2001- Dale Loiacano</B></div> <div> <B>2002-  </B></div> <div> <B>2003- </B></div> <div> <B>2004-  </B></div> <div> <B>2005-</B></div> <bR> </td> <td valign="top" height=390 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I><B>Corporate Charter</B></I></div> <div> <B>Charter of Incorporation of<IMG SRC="06e55570.gif" border=0 width="85" height="87" ALIGN="RIGHT" HSPACE="0" VSPACE="0"></B></div> <div> <I><B>The Pass Christian Isles Golf Club, Inc</B></I></div> <div> Approved on April 13, 1952 – and signed by Gov. Hugh White.</div> <bR> <div> The Corporate name of the corporation is</div> <div> <B>“The Pass Christian Isles Golf Club, Incorporated”</B></div> <bR> <div>      <FONT SIZE="3" COLOR="#000000" FACE="Arial" >The names and addresses of the incorporators are:</FONT></div> <div>      John Bell – Pass Christian, MS</div> <div>      E.A. Lang – Pass Christian, MS</div> <div>      C.D. Taylor, Jr. M.D. – Pass Christian, MS</div> <div>      C. Randall Jones, Jr. – Pass Christian, MS</div> <div>      George E. Morse – Pass Christian, MS</div> <bR> <div> The domicile of the corporation is Pass Christian, Harrison County, Mississippi </div> <div> The amount of authorized capital stock is Twenty Five Thousand Dollars ($25,000).  The stock shall be common stock at no par, and common stock at One Hundred Dollars ($100) par.</div> <div> The Board of Directors shall have the power to fix or change the price of the common stock.</div> <div> The period of existence of the corporation is ninety-nine (99) years.</div> <div> The purposes for which the corporation is created are:</div> <div> The corporation will own, maintain, operate, and promote a golf course where the members may engage in the sport of golf and entertain themselves and guests with social functions and organize and promote subsidiary functions.  </div> <div>      To unite fraternally, foster, and cultivate the social, educational and business relations of the members; to encourage among the members closer personal acquaintance and a friendly spirit of brotherhood.</div> <div>      To accomplish said purposes and aims, the corporation shall have the power to buy, sell, deal in, leasehold, or improve real estate, fixtures, or personal property incidental thereto, or connected therewith, and with that end in view to acquire by purchase, lease, hire, or otherwise, lands, tenements, hereditaments, or any interest therein, and to improve the same and generally to hold, manage, deal with, and improve the property of the corporation held in fee simple or by whatever estate, and to sell, lease, mortgage, pledge, or otherwise dispose of the lands, tenements, and hereditaments or other property of the corporation; to purchase or otherwise acquire, hold, own, mortgage or otherwise lien, pledge, lease, sell, exchange, invest, deal and trade in and with goods, wares, merchandise and personal property of any and every class, and description within, or without the State of Mississippi.  The corporation shall have the right to maintain, operate, lease, purchase, acquire, hold, engage in, and dispose of by sale, lease, or otherwise, restaurants, eating houses, taverns, places of entertainment or refreshment; to make and enter into all agreements for the rental of such restaurants, eating houses, taverns, places of entertainment or refreshment, and to construct, own, manage, operate, sell, lease, or dispose of any such property or to purchase and hold, in fee simple, or otherwise, such real estate as may be necessary for carrying on the aims and purposes of said corporation.  </div> <div>      The objects herein specified shall, except where otherwise expressed be in no way limited or restricted by reference to or inference from the terms of any clause or paragraph of this certificate of incorporation.  The foregoing shall be construed both as objects and powers and enumeration thereof shall not be held to limit or restrict in any manner the general powers conferred on the corporation by the laws of the State of Mississippi.</div> <div> The number and type of shares of stock to be subscribed and paid for before the corporation shall commence business shall be five (5) shares of One Hundred Dollars ($100) par value common.</div> <bR> <div>                               SIGNED BY THE INCORPORATORS</div> <div> STATE OF MISSISSIPPI </div> <div> COUNTY OF HARRISON</div> <bR> <div>      <I>The Charter was amended on June 13, 1962, to authorize capital stock in the value of ($100,000)</I></div> <bR> <DIV ALIGN="LEFT"></DIV> <div> <A HREF="pci_golf_corporate_charter_m.htm" TITLE="Corporate Charter"><U><I><B>Top of Page</B></I></U></A></div> <bR> </td> </tr></table></body>