The Brunswick times. [volume] (Brunswick, Ga.) 188?-1900, 1897-07-13

Fifth The capital stock of said corporation
shall be five thousand $4,000 dollars, divided
INTO shares of one hundred ($lOO) dollars each,
which is ready to be paid in upon the grant and
acceptance of the charter as prayed for hereby,
and the opening of subscription books and or
ganization of the company under 1t; with the
right, however, to the shareholders at any time
or times, and from time to time after It's organ
ization, at regular meeting, on a vote of three
fourths go of the stock, TO raise the capital
stock to, not exceeding finally, fifty thousand
($50000) dollars
Sixth. The domicile of sad corporation shall
be Glynn county, Georgia, and its chief office
and place of business shall be i'll the city of
Brunswick therein.
Seventh. Said corporation shall be governed
by board of five o. directors, selected by the
shareholders, one of whom shall be chosen
president, another of whom shall be secretary
of said corporation; the selection of president
and secretary to be made by the shareholders at
the time of electing directors; and said board of
directors shall meet regularly on the first Mon
day in January of each year; but the president
may at any time call a directors or stOckhold-
ers' meeting. The stockholders shall select at
the time OF organization under the charter, and
at each annual meeting thereafter, some person
from among their number, who shall act as
general manager of said corporation, and who,
in the matter of purchase and sale OF goods, re-
cept and disbursement OF money and the or
binary and usual conduct of the business, shall
have the management of the same and the SUI
pervision and control of all employees engaged
by the company and who shall act as treasurer
of said company.
Eighth Said corporation shall have power
and authority to make and enforce bylaws for
the government of its members and directors,
and the creation and government Of officers,
servants and agents when not in conflict with its
charter or the laws Of the land.
Ninth. Said corporation may contract and be
contracted with, sue and be sued, plead and be
implicated, and exercise generally all the pow
ers which belong to corporation under the
law, and which are not hereby sought to be
abridged or which shall not be by its charter,
when granted, denied; and to have, for the au-
Identification of its acts required to be un-
der seal, a common seal, the impression WHEREOF
shall be the corporate name.
Tenth. Your petitioners request that said
| corporation may have power to borrow money
for carrying on its business, and secure the same
| by mortgage. and the right to buy and own real
estate under the rules of law in this state.
Eleventh. That said corporation may have the
power to receive in payment for stock subscrip-
| tions real or personal property necessary or
useful in the operation of its business
Twelfth. Your petitioners desire that they
and their associates, successors and assigns, be
| incorporated and have succession as body pol
| itic under said corporate name, and with the
| corporate powers, privileges and duties herein
before set out for the term of twenty Coz years
| from the grant of such charter as hereby prayed
| for. GOODYEAR q KAY,
Petitioners Attorney.
Original filed in Office July r. 1897.
j. G. LEHMAN,
Deputy Clerk Superior Court Glynn County, Ga.
|, John G. Lehman, deputy clerk superior
court Glynn county, Ca, certify that the f0regO-
ing is true copy of the application of Nj. J.
Colson and Others for charter, of record in this
| office and filed this day.
| Witness my hand and official seal and sigma
ture upon this the 18th day Of July, 1897:
Seal j. c. LEHMAN,
Deputy Clerk Superior Court, Glynn County, Ga.