The club's first memorandum of association was approved on 20 April 1926 by a decision of the Thessaloniki Court of First Instance (No. 822). The founding members were A. Angelopoulos, A. Athanasiadis, K. Anagnostidis, M. Ventourellis, F. Vyzantinos, V.Karapiperis, A. Dimitriadis, D. Dimitriadis, N. Zoumboulidis, M. Theodosiadis, T. Ioakimopoulos, P. Kalpaktsoglou, T. Kartsambekis, D. Koemtzopoulos, K. Koemtzopoulos, P. Kontopoulos, K. Kritikos, M. Konstantinidis, P. Maleskas, I. Nikolaidis, L. Papadopoulos, F. Samantzopoulos, T. Tsoulkas, M. Tsoulkas, S. Triantafyllidis and T. Triantafyllidis (who was also its first Chairman).