Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1902-10-29
Application for Charter.
STATE OF GEoRGIA-sUMrER Comfy.


To the Superior court of said COUNT; The
pc tition OF 1. H. Ferguson of Louisville, XIV
Nd. 5. Harper, Of sumter county. ca, AID n
P. Carter and John T. Patters, n Of StevS,rt
county, Ga. resi- ecttully snow:
That they desire for themselves. thef~ as
socrates, sucet ss0Ts and assigns To be-i5cOr-
porated under the ma ne and s.ye UI1he
: LUMPkIN GIN COMPANY"
The term for which our petit one 5 ask to
be incorporated Is twenty years. WIN me
privilege OF renewal al he Xpi aLi.bof that
time,
The capital stock Of ; i'd corp7ra1icl i %
be SCI en- thousand five hundred doIla >
(S7,590) diviGed into shares Of one hum.
ever, ask the privilege of increasing said
capital stock from time 10 time hereafter 10
any sum, not exceeding one hundred thous-
and dollars, provided the holders Of a ma
jorlty Of the stock in value shah assent
thereto, Petitioners ask to be so iLcorpot a.
ted that no stock holder shall be bound for
any llablIlty OF the corporation to any eX-
tent greater than his unpaid subscription to
the capital stock.
",
That the whole amount of said ca ital
stock of seven thousand five hundred dollars
has already been actually paid in
V,
The object of the proposed corporation is
pecuniary profit and gain to its stock holders
Petitioners propose to carry on a general
ginning ana warehouse business; to deal
IN cotton or cotton seed, or any other pro-
ducts of either, by buying and selling or
IN manufacturing either IN any way that the
said corporation may deem desirable: to
maintain, own and operate warehouses or
cotton gins in said county, or in any other
county OF this State SAID corporation may
deem to its best interest, and exercise usual
powers and to do all usual necessary and
proper acts which pertain to, or may be con-
neCted with the business of ginning or ware
housing or dealing in any of the articles
named; to buy and SELL or obtain by lease
or otherwise, not inconsistent with the laws
OF this State, such real or personal property
as may be necessary or advisable in the
conduct of its business or the purpose of its
Organi alton.
VI.
The principle office and place of business
of the proposed corporation will be in the
city of Americas, said State and county, but
petitioners ask the privilege of carrying on
their business or establishing branch offices
and places of business elsewhere that
they may deem to their best interest.
Wherefore your petitioners pray to be
IN ade body corporate under the name and
style aforesaid; and that under said corpor-
ate name they may have the power to sue
and be sued; to make bylaws binding on its
members not inconsistent with its charter.
States; to have and use a common seal; to
receive donations of money or other proper
ty, both real and PERSONAL to borrow money,
or issue bonds and secure the same by deed
or mortgage upon its cOrIoI ate property; to
but or sell real estate or personal property
either in said county or elsewhere that said
corporation may deem to its best interest
or TO obtain control of same by lease or
otherwise not inconsistent with the laws of
this State TO buy or sell cotton, or cotton
seed or any of the products of either; to lease
lions
any or all of its properly of whatever kind; to
conduct a gel eral business of ginning cotton
for the public; to maintain aud operate
pu bile warehouses; make contracts with
operatives, and contracts for erection of
buildings, and all other and further con-
tracts that may be necessary ana not incOn-
siStent with the Constitution and laws of this
State; that they may have the power to APP
point, elect or EMPLOY all OfhCerS and agents
that may be deemed necessary for the carry
out of the purposes of said corporation, and
pensation, and to have all other powers
usually granted by law to corporations of
like character. This End day of Sept 1902.
r. E. LEE,
Attorney for Petitioners.
GEORGIA-SUMTER COUNTY.
l. Il. f. G atewood, deputy clerk of the S u
perior court of Sumter county, Ga, hereby
certify that the above is a true and correct
cory of the original petition f. r charter of
The Lumpktn Gin Company as appears OF
file in tins Office Witness my hand and Of
fetal signature, this 2ud day of Sept, 1902,
7. F. GATEWOOD,
Deputy Clerk Superior Court, S, Co. Ga.