The Articles of Incorporation for the Cisco Country Club, which covered the period from 1921 to 1971, specifically stated that there was no Capital Stock. Also the Lake Cisco Country Club's (which existed from 1969 to 1999) Articles of Incorporation stated, 'In event that the Lake Cisco Country Club fails to continue to act as a country club, then the Class A Certificate Holders are also entitled to vote on any action by the corporation which would concern a sale or a disposition or the mortgaging of any of the real property or buildings belonging to the Country Club, but shall never be entitled to receive any money or property directly or indirectly from their membership.'
This writer personally attended the last hearing for the Country Club and Golf Course, and heard and saw Judge Herod hold up a law book concerning law procedures and tell Johnny Hargrave, who had petitioned for this hearing, 'You may know something about Non-Profit Law, but you have not followed the right procedures.' Judge Herod was allowing Hargrave to make his final statements regarding the dissolution of the Country Club, but hastened to add that it was too late for the material to be included in the final judgment-the decision had already been made. Judge Herod said to Hargrave, 'You do not own the Country Club land.'
This caused me to think about the way the Country Club and Golf Members had just walked away after they had leased the Golf Course a period of years to Larry Allen and David Patterson. Brad Stephenson wrote to to Henry Sterling Drumwright, III, as he did to other descendants of supposed former 'Class A Membership' holders, 'We are enclosing a Deed for your signature which is in the same format as the Dick Wooley, et al Deed attached. We are also enclosing a check for $25.00 for any inconvenience to you in getting the document executed, notarized and returned to me.' Stephenson continued, 'We have tracked down the majority of the original members or their heirs and are finishing the process of acquiring their Class A rights. When the process is complete, it will be necessary to file a lawsuit in the 91st District Court to acquire the interest of all parties that we are unable to find or any unknown parties of interest.'
