The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-05-16
PETITION FOR CHARTER.
STATE OF GEORGIA,

STATE OF GEORGIA,
COUNTY OF GLYNN.
To the Superior court Of said county:
The petition of G. T. Calnan, j, d.
White, j. A. uraene, S. B. Henderson,
James Savage and w. A. Potter, all
OF said state and county, respectfully
shows:
First That petitioners desire for
themselves, and such others persons
as may be hereafter associated with
them, to be Incorporated under the
corporate name and style Of "The
Loan and Land Company OF Bruins
wick"
Second. That the object of such
corporation is the pecuniary' gain
Of its members. and they wish to own
hold, improve, and sell, or otherwise
dispose OF real estate, to lend money
and take security therefor, and to
buy and sell stocks and bonds and
personal property OF any kind.
Third. T hat the principal Office Of
said corporation shall be in the city
of Brunswick, in said county Of
Glynn.
Fourth. That the capital stock
Of said corporation shall be ten thous-
ami dollars, DIVIDED into one hundred
shares of the paryalGe OF one hun
dred dollars each, with the right, by
majority vote OF the shareholders, to
| Increase the capital stock from time
to time to any sum or sums not ex-
cceding h.Ly thousand dollars.
FilLn That the officers of said
corporation shall be president vice
president secretary and treasurer and
suchothero ficers or agents as the snare
holders or board OF directors may de-
sire: that the board OF directors shall
consist OF not more than seven nor
not less than three, all of whom snail
| be shareholders, who shall be elected
| by the shareholders.
| Sixth That the shareholders shall
have the right to fix and prescribe
| bylaws, rules and regulations for the
| government Of said corporation, or
TO delegate this authority to the board
OF directors.
Seventh. That. under such corpor
ate name and style. your petitioners
desire the right to contract and be
contracted 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 all the rights, priv
ileges and powers incident 10 and nee
! essary and proper in the conduct an
operation of the business OF the cor
poration, and all the rights, privi
leges and powers given and granted
such corporations under the laws OF
Georgia.
Eighth. That there shall be no in
dWidual liability upon the part OF
any shareholder OF Incorporation eX
lcept such amount as may be dueby such
shareholder as unpaid subscription
for stock in said corporation
Ninth hat they desire TO he in
corporated under said name and
style of The Loan and Land Company
of Brunswick, with all the rights
privileges and powers prayed for
herein, for period of twenty years
with privilege Of renewal at the ex
lpraton Of that time.
F. e. Twitty,
Petitioners Attorney
Georgia Glynn county
hereby certify that the foregoing
application for incorporation, by the
petitioners herein named of The
Loan ana Land Company OF Bruins
wick. was filed in the office of the
clerk Of the superior court OF said
county on this May 3, 1902
A. O. Townsend.
Deputy Clerk Superior Court Glynn
County Georgia