The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-09-06
Petition for chscter.

FeNiLicH TOT Gneft6f-
STATE or GEORGIA. County Of
70 the Superior Court Of said
County
The petition Of &c. c. Machen. Fred.
eric b. Chandler and r. f 1witty all
Of said state and county respectfully
shows
j. That they desire FOR themselves
and their associates to De incorporated
under tie corporate name and style Of
The Southern Land and Cattle Com
pany"
2. That the object of the proposed
corporation is the pecuniary gain of
it's members. and it's SPECIAL objects
are TO buy, own, hold and improve
lands and real estate generally. and TO
sell or otherwise dispose OF the same
to buy and sell cattle and olher live
stock; to owr and maintain slaughter
houses: to buy and sell dressed %
and other meats. to buy. own. hold
and sell stocks ana bonds and per-
sonal property Of any kind and gener.
ally to do such other acts and things
as may be deemed for tie best inter-
est OF the corporation, not Inconsistent
with its charter or tae laws of Geor-
gia,
3. The principal Office Of the pro
posed corporation shall be in the city
OF Brunswick, Clynn county Georgia.
with the right TO establish branches
or agencies at other places in said
state or in other states.
4. That the capital stock of the pro
posed corporation SHAH be hfty thou
sand dollars, divided into five hun
hundred dollars each. with the right,
by a vote of the majority ot the
stock to increase such capital stock
from time to time to any sum or sums
not to exceed three hundred thousand
dollars. Petitioners desire the right
to receiYe in payment for stock real
estate or personal property. at a val
uation to be fixed by the board OF
directors of said corporation.
5. That said corporation proposes to
require the payment OF at least ten
per centum of the subscribed capital
stock before beginning business.
g. That the officers OF tac proposed
corporation shall he a president vice.
president. secretary and treasurer. and
such other officers or agents as the
stockholders or directors may coasti-
tute or appoint; that the board of dir
ectors shall consist Of not less than
three nor more than seven. all OF
whom shall be shareholders. such dir
ectors to be elected by the snare
holders.
z. That the stockholders shall have
the right to make bylaws, rules and
regulations for the government Of
the corporation, or to delegate this
authority to the directors.
g. That. under sucn corporate name
and style. your petitioners desire the
right to contract and be contracted
with; to sue and be sued to borrow
money and secure tne same as the
hoard OF directors may desire; TO
have and use a common seal and 20
change the same at pleasure; and
generally to have ali the rights priv
neges and powers incident % and
necessary and proper in the conduct
and operation of the business Of the
proposed corporation, and all the
rights. privileges and powers given
anu granted similar corporations un-
der the laws of Georgia.
y. That there shall be no Individual
liability upon the part of any share
holder of the corporation. except for
sucn amount as may be due by such
shareholder as unpaid subscription
for stock in said corporation
10 That petitioners desire TO be in.
corporatcd under said name and style
"a the Southern Land and Cattle Com
pany with all the rights. privileges
and powers prayed for herein, for a
period of twenty years. with the priv
flege OF renewal at the expiration of
that time. F. Il. TWITTY.
Petitioners Attorney.
GEORGIA. Glynn County.
hereby certify that the foregoing
Application for Incorporation, BY the
petitioners therein named. of the
Southern Land and Cattle Company,
was filed in the Office of the clerk
OF tAe Superior Court Of said county
on this September 3. 1902
H. r. duBIGNON.
CIerk Superior Court Glynn County.
Georgia.