The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-04-25
PETITION FOR CHARTER.
STATE OF GEORGIA.
COUNTY OF GILNN

STATE OF b1OltAttAl
COUNTY OF GILNN.
no tbe Superior Court Of Said Coun-
me pettion Of f. Il. Twitty, +.
f. Lamar. and Willard Reese, all OF
said state and county, respectfully
shows:
That they desire for themselves
and such other persons as may be as
eociated with them 20 be lncorpora-
ted under the corporate name ana
stvle of The Stanley Land Company
3 That the object OF the proposed
,uporatiou is the pecuniary gain oi
It's mcmbers, aud its special ohJecis
are: To buy own. hold aud I'm
prove lands and real estate generally.
and to sell. lease or otherwise ais
pose of such property, to BUY own
mold and sell stocks and bonds anc
uersoual property Of any kind, to lenO
money and take security therefor
and generally TO do such other acts
and things as may be deemed for tn,
best interests OF the corporation not
inconsistent with It's character
d.. That the principal office OF the
proposed corporation shall be Bruins
wick. ia said county OF Giynn.
That The capital stock OF the
proposed corporation snail be Five
Thousand Dollars divided into NIFTY
shares OF the par value Of one Hun
drcd Dollars each, and petitioners de-
sire the right by majority vote oil
stock To increase such capital stock
from time 10 time to any sum or sums
not 10 exceed Fifty Thousand Dol
lars. Petitioners also desire the
right TO receive in payment for stock
real estate or personal property at
valuation TO be liked by the direc-
tors. AL least ten per centum OF the
subscribed capital stock shall be paid
i'm before beginning business, and the
balance shall be paid as called by the
directors.
S. That the officers Of the corpora
ton shall be a President. yice-Presl-
dent. Secretary and Treasurer and
such other officers or agents as the
Stockholders or directors may consu-
ute or appoint The board of drec
tors shall consist of not less than
three nor more than nine persons, ali
OF whom shall be share holders, and
such directors shall be elected by the
share holders.
6. That the stockholders shah have
the right to make bylaws, rules and
regulations for the government of the
cooperation, or to delegate this au-
thority to the directors.
Z. That under such corporate name
and style your petitioners desire the
rf,ref ia of No a
with, to sue and be sued: TO borrow
money and secure the same as the
board Of directors may desire; to have
and use a common seal, and to change
the same at pleasure; and generally
TO have ali the rights, privileges and
powers incident to ana necessary and
proper in the conduct and operation
of The business of the proposed cor
poration, and all the rights. privileges
and powers given and granted similar
corporations under the laws of Geor-
gia.
s. That there shall be no individ-
ua! liability upon the part of any
shareholder of the corporation. except
Tor such amount as may be due by
such shareholder as unpaid subscrip-
ton for stock in said corporation.
9. That petitioners desire to be in
corporated under said name and stvle
of THE Stanley Land Company" with
( all The rights, privileges and powers
prayed for herein, for period of
twenty years, with the privilege of
renewal at The expiration of that time
f. E. TWITTY.
Petitioners Attorney.
GEORGIA, GLYNN COUNTY.
/ hereby certify that the foregojng
application for Incorporation by the
petitioners therein named OF the Stan.
ley Land Company, was filed in the
office of the clerk Of the Superior
court OF said county this April q
lgoS H. F. du BIGNON.
Clerk Superior Court Glynn County
Georgia.