The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-04-18
PETITION FoR INCORPORATION.
STATE OF GEORGIA.


! COUNTY OF CIYNN--
no the Superior court of said county:
The petition of Frank P. Brooks. of
1.-THE state of New York; N. Emanuel,
~. J. Lott, G. d. Ogg, Albert Fendig, e.
H. Mason and E. C. Machen, all of the
state of Georgia, county of Glynn, re-
lspectfully shows,
/. That they desire for themselves
sand such other persons as may be
hereafter associated with them to be
incorporated under the name and style
.of 1.-THE Brunswick Steel and Iron
lCompany"
II. That the object of said corpora
stion is the pecuniary gain Of its mem
Ibers, andtits special objects are: To
manufacture and sell iron and steel
and all the various products thereof,
including machinery of all kinds; to
i buy, build, SELL lease or charter steam
ships, steamboats,. sailing vessels and
water craft Of all classes; to con
struct, maintain and operate a dry
dock sand marine railway, for the
building and repairing of ships, boats,
vessels and water craft OF any and all
classes.
III. That the princial office Of said
corporation shall be in the city of
Brunswick. in said county Of Glypn,
with the right to establish branch Of
fees and agencies elsewhere in said
state and in other states ami in foreign
countries.
~. That the capital stock of sait
company shall be twenty-five thousaad
dollars {$25,O00), divided into twenty
five hundred shares of the par value
Of ten dollars each, with the right. by
a majority vote OF the shareholders,
to increase the capital stock. from time
70 time, to any sum or sums not ex-
ceeding i've million dollars ls5 ,000,-
00o). That said corporation shall have
the right to accept real or personal
property in payment for stock, at a
valuation to be nxed by the board or
i directors of said company.
v. That, upon the granting OF this
application, your petitioners, or a ma
jortty of them, shall have the right to
designate any two or more of their
number to open books of subscription
for the capital stock of said corpora
ton, and, after $500 shares
of stock have been subscribed for, to
call a meeting of such shareholders
for the purpose of accepting charter
! and effecting organization of the com
pany, with the right to begin business
when ten per cent of the capital stock
, has been paid in
vi That the ofncers of said COM
lpany shall be president, vice presi-
! dent, secretary and treasurer, and such
other officers as the shareholders or
board of directors may deem neces-
: sary, who shall be elected by the board
/ of directors, that the board of airec-
tors shall consist OF not less than four
Inor more than nine, all of whom shall
be shareholders. who shall be elected
by the shareholders
VII. That the shareholders shall
have the right to fix AMI prescribe by
laws. rules and regulations for the
government OF the corporation. or to
delegate this authority to the board OF
, directors.
VIII That, under such corporate
name and style, your petitioners desire
the right TO contract and be contract.
ed with; TO sue and be used: to buy.
hold and improve real estate, as may
be required for the proper conduct of
KS business; to borrow money and Sc
cure the same as the board of direc-
tors 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 in
cident to and necessary and proper in
the conduct and operation OF the bus
mess Of the corporation, and all the
rights, privileges and powers given
and granted such corporations under
the laws OF Georgia.
TX. That there shall be no indi-
Ividual liability upon the part of any
shareholder of the corporation. except
such amount as may be due by such
shareholder as unpaid subscription for
stock or shares in said corporation.
X. That they desire to be incor-
porated under said name and style of
The Brunswick Steel and Iron Com
panv, with all the rights. privileges
and powers prayed for herein, for
period of twenty years, with privilege
OF renewal at the expiration of that
time
And petitioners will ever pray.
F. e. TWITTY,
Attorney at Law for Petitioners.
STATE OF GEORGIA.
COUNTY or GLYNN:
| hereby certify that the above ana
foregoing application for incorpora.
ton, by the petitioners herein named.
OF The Brunswick Steel and Iron Com
pany, was filed in the Office of the clerk
of the Superior court OF said county
on this, the 18th day of March, A. d.,
1902
II, F. du BIGNON,
Clerk Superior Court, Glynn County.
. Ga.
White Leghorn eggs. is for rs
| cents. II. Il. TAYLOR.