TO FORM A DUCK CLUB, OR SYNDICATE 109 



In order to form a game syndicate to rent the shooting and 

 propagate game on lands in the vicinity of New York: 



We, the undersigned, subscribe for the number of shares set 

 opposite our names and agree to pay one-half of the amount 

 when the board of management shall be chosen and the other 

 half when called for by the board of directors. 



It is understood that the shares are to be $30.00 each and that 

 the annual dues shall be $30.00 per share. The dues shall be 

 payable in 1911 as called for by the board of directors. The 

 syndicate may be formed and the board elected when 100 shares 

 are subscribed. 



It is proposed to have 200 shares; not more than 20 to be held 

 by any one person. 



Name No. of Shares 



A paragraph might well be added providing for the 

 compensation of the person who secures the signatures 

 and performs the work of organization, as follows : 



"It is understood that A. B , who has agreed to undertake 



the work of securing the signatures to this agreement, of organ- 

 izing the syndicate and of procuring the shooting leases, shall 



receive for his services the sum of $ for each share and 



his necessary traveling expenses." 



Much time necessarily is consumed in explaining the 

 objects of the association to those who are invited to be- 

 come active or "preferred" stockholders and in securing 

 the leases from the land owners and in explaining the 

 objects of the association to them, and it is fair that the 

 person who undertakes this work should be paid. The 

 work also will progress more rapidly if some one is thus 

 employed than it will otherwise. 



When the required number of shareholders have sub- 

 scribed for the stock they should be notified to attend a 

 meeting and elect a board of directors. Proxies should 

 be secured from those who cannot attend the meeting. 



