During the summer of 1921, the Knights of the Ku Klux Klan purchased the handsome, colonial home of H. M. Durant on Peachtree Road, about five miles from Atlanta, at an approximate cost of $75,000. The purchase comprises a block of land about four hundred feet square. Extensive improvements, worthy of a real emperor's palace are contemplated for this property, and it will be the headquarters of the "Imperial Palace." The land will be cut up into gardens, small lakes and building sites. It is estimated that $30,000 worth of marble alone will be used. A handsome statue of General N. B. Forrest will be erected, and also a statue of "Emperor" William J. Simmons. There will be electric fountains, electric fiery crosses, lakes, boat houses and tennis courts. According to the "Emperor": "There will be no manufacturing handled at the Palace. We now have a paraphernalia plant here turning out six hundred robes a day, in addition to other equipment, and we expect to erect in a short time a building with railroad frontage to be devoted exclusively to manufacturing." It is also planned to take over a large printing plant. If this extensive program is carried out, there will be a huge enterprise with all the combined activities costing not less than $3,500,000. While the organization has been buying land and engaging in real estate transactions, the Imperial Kleagle, as a side line, has also gone into the real estate business. On June 27, 1921, a petition was filed for charter for the "Clarke Realty Company" with Edward Young Clarke and Mrs. Elizabeth Tyler as incorporators, with authorized capital stock of $10,000 with privilege of increasing it to $100,000. The corporation seeks the right to deal generally in real estate. Just what real estate the "Clarke Realty Company" has bought, sold, leased, rented, or exchanged or acted as brokers for, has not appeared in print. The functions of Clarke appear to be exclusively to propagate the work and organize Klans, after which they are turned over to Simmons. According to a statement made by Clarke to the _World_ the organization has one thousand chartered Klans, it requiring the services of two people engaged every day to write charters. After the Klans are chartered they are turned over to Simmons. In this connection, it would be well to turn back to the charter and note that under Section 7, the "business of the society shall be under the control of the IMPERIAL WIZARD (PRESIDENT)," etc. This control is so thorough that in the secret constitution of the organization the term of office of the president is for life, and he can be removed only by the unanimous vote of his Imperial Kloncilium. The constitution also provides as follows: