The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-09-12
Petition for chsrter.


STATE OF GEORGIA, County of
TO the Superior Court OF said
County;
The petition of e. C. Machen. Fred
eric Is. Chandler and f. E. Twitty, all
of said state and county, respectfully
shows
1. That they desire for themselves
and their associates to be Incorporated
under tee 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
its members, and its 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 other live
stock; to own and maintain slaughter
houses: TO buy and sell dressed be,
and other meats; to buy, own hold
and sell stocks and bonds and per-
sonal property of any kind; and gener-
ally to do such other acts and things
as may be deemed for uae best inter-
est OF the corporation not inconsistent
with its charter OF tne laws Of Geor-
gia.
3. The principal office of the pro
posed corporation shall be in the city
of Brunswick, Glynn 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 shall be fifty thou
sand dollars fxrfF ,I
dred SHARES of the par value OF one
nundred dollars each, with the right
by a vote OF the majority OF TIE
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 receive in payment for stock real
! estate or personal property. at val
uation to be fixed by the board of
directors OF said corporation.
s. That said corporation proposes to
require The payment OF at least ten
per centum OF the subscribed capital
stock before beginning business.
8. That the officers of the proposed
corporation shall be a president, vice
president secretary and treasurer, and
such other officers or agents as the
stockholders or directors may consti-
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
q That the stockholders Shall have
the right to make by laws, rules and
regulations for the government of
the corporation, or to delegate this
authority to the directors.
s 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 the same as the
board of directors may desire; to
| have and use common seal, and to
change the same at pleasure; and
generally to have all the rights. priv
neges and powers incident 20 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 I'M
der the laws of Georgia
| .. 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
~. That petitioners uesire to be in
| corporated under said name and style
o. 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
ilege Of renewal at the expiration Of
! that time. f. e. TWTTTY.
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 -Ae Superior Court Of said county
on this September 3, 1902.
II. T. duBIGNON,
Clerk Superior Court Glynn County