The Brunswick news. [volume] (Brunswick, Ga.) 1901-1903, 1902-05-23
PETlTIoE FOR CHARTER.
STATE OF GEORGIA,

STATE OF GEORGIA,
COUNTY OF GLYNN.
To the Superior court of said county:
The petition of c. 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 pecaniary 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. Il hat the principal office of
said corporation shall be in the city
.ot Brunswick, in said county of
.Glynn.
Fourth That the capital stock
OF said corporation shall be ten thous-
and dollars, divided into one hundred
shares of the parvalGe OF one hun
dred dollars each, with the right, by
a majority vote of the shareholders, to
increase Hhe capital stock from time
to time to any sum or sums not eX-
ceeding fifty thousand dollars.
Film. 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 SHALL
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 to and nee
essary and proper in the conduct an
operation of the business OF the cor
poration, and all the rights, privi-
leges ana 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 dueby such
shareholder as unpaid subscription
for stock in said corporation.
Ninth. 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 period of twenty years,
with privilege OF renewal at the ex-
piration of that time.
F. E. Twitty,
Petitioners Attorney.
Georgia Glynn county.
l hereby certify that the foregoing
application for incorporation. by the
petitioners herein named of The
Loan and Land Company of Bruins
wick, was filed in the office of the
clerk OF the superior court of said
county on this May 10. 1902.
A. O. Townsend,
Deputy Clerk Superior Court Glynn
County. Georgia.