Delta Gamma Fraternity Management Corporation

TO ESTABLISH AND PROVIDE A SUITABLE SOCIAL ENVIRONMENT FOR THE SOLE USE AND BENEFIT OF COLLEGIATE CHAPTER OF DELTA GAMMA FRATERNITY, BY, BUT NOT LIMITED TO, OWNING, EQUIPPING MAINTAINING, AND MANAGING A CHAPTER HOUSE (FACILITY OR ACCOMMODATIONS) FOR PLEASURE, RECREATION, AND OTHER NONPROFITABLE PURPOSES INCLUDING THE SOCIAL GATHERING AND ENRICHMENT OF ITS MEMBERS AND TO THAT END TO ACQUIRE BY GIFT, DEVISE, PURCHASE, OR OTHERWISE REAL AND PERSONAL PROPERTY AND TO SELL, CONVEY, EXCHANGE, LEASE, MORTGAGE, PLEDGE, OR OTHERWISE ENCUMBER SUCH PROPERTY. SUCH PROPERTY TO BE USED AS A MEETING PLACE TO FOSTER HIGH IDEALS OF FRIENDSHIP AMONGST ITS MEMBERS, TO PROMOTE THEIR EDUCATIONAL AND CULTURAL INTERESTS, TO CREATE IN THEM GOOD QUALITIES OF CHARACTER. THE CORPORATION DOES NOT CONTEMPLATE ANY PECUNIARY GAIN OR PROFIT INCIDENTAL OR OTHERWISE TO ITS MEMBERS.