The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-05-27
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, ID.
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 pecanlary gain
of it's members, and they wish to own
hold, improve, and sell, or otherwise
dispose of real estate, to lend money
anu take security therefor, and to
buy ana sell stocks and bonds and
personal property of any kind.
Third I hat the principal Office of
said corporation shall be i'll the city
OF Brunswick, in said county of
Glynn.
Fourth. That the capital stock
of said corporation shall be ten thous
ana dollars, divided into one hundred
shares of the parYalGe OF one hun
dred dollars each, with the right, by
a majority vote of the shareholders, to
increase the capital stock from time
to time to any sum or sums not eX-
ceeding fifty thousand dollars.
Filth. That the officers of said
corporation shall be a president. vice
president, secretary and treasurer and
such other officers 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
10 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 to and nee
essary and proper in the conduct an
operation of the business of the cor
poration, and all the rights, privi-
ieges and powers given and granted
such corporations under the laws of
Georgia.
Eighth, That there shall be no in
dlvidual liability upon the part of
any shareholder of Incorporation ex-
cept such amount as may be due by such
shareholder as unpaid subscription
for stock in said corporation.
Ninth. 4 hat they desire to be 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 a period of twenty years
with privilege OF renewal at the ex-
piration of that time.
+. +. Twitty,
Petitioners Attorney
Georgia, G1ynn 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 IS. 1902
A. o. Townsend,
Deputy Clerk Superior Court Glynn
County, Georgia.