The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1903-04-30
Petition for Charter.
STATE OF GEORGIA, Cobb Count,

10 Che superior Court OF said county
The petition OF w. Glover, S. d. Ram.
DO, Geo. F. Newell, A. S. Clay, Leon
Commerford, o. H. King, M. NJ. Ses.
sions, of Cobb county, respectfully
shows:
LIST. That the petitioners desire fol
themselves, their associates, successors
and assigns to be incorporated under the
name and style of the GLOVER MA.
CHINE WORKS.
End. That they desire to be incorpo.
rated for period of fifty years with the
right of renewal at the expiration of said
period
3rd. That the capital stock of said
corporation shall be seventy-five thous-
and dollars ($75, 100000 fully paid I'D
and divided into shares of one hundred
dollars $500. 0O) each; with the privilege
of increasing said capital stock from
time to time as may be decided upon by
a two-thirds majority vote of the stock
holders, but not to exceed five hundred
thousand dollars $500, OO0.OO). They
desire similar right to be exercised in
the same manner to decrease the capital
stock from time to time as may be de-
termined down to but not below fifty
thousand dollars ($50,0O0OO.
4th. The object of said corporation is
pecuniary gain to its stockholders. The
purpose of the corporation is to do a
general foundry and machine business.
the manufacturing of railroad eouip.
ment, industrial locomotives and all such
other articles and things as may be pro-
titably manufactured, handled and sold
in connection Herewith, to buy ..and sell
for cash or on credit. They also desire
the privilege of contracting and being
contracted with. To do and perform all
such other things as may be necessary or
conducive to the best interest of a sue.
cessful handling and conducting foun-
dry and machine works. Also to have
the power to purchase, hold and dispose
of real land personal property, to rent
and lease real estate. Also the right
and powe. to borrow and lend money
and to secure the same in such manner
as said corporation may deem advisable
To take and give mortgages to secure
amounts due said corporation, or to give
for the purpose of securing obligations
of said corporation, and to have all the
power enumerated in section 1879 of the
Code of Georgia of 1882,
9Th. The principal Office and place of
said corporation is to be located near
Marietta, Cobb county, Georgia; but
petitioners desire the privilege of estab-
fishing offices and branch works, acting
as agents for others, and having agents
and employees elsewhere, either within
or without the State of Georgia.
9th. That the stockholders assume
no individual liability, except the
amount of stock subscribed. This must
be paid in full.
Wherefore petitioners pray to be made
body corporate under the name and
style aforesaid, entitled to the rights,
privilege nd immunities and subject to
the Ii es fixed by law, and will ever
day of April, 1908.
YER, S. d. RAMBo,
GIN EwELL, A. S. CLAY,
La ~ NMERFoRD, o. II. KING,
- Petitioners.
in ofN&yA pril 14th, 1905,
MM& j. B. GLOVER, Clerk.
!: ]. !. !. !: ]. !. j: !: !:
~ feB COUNTY.
sc Clerk of the Superior
Asty, he reby certify that
~ IAgoing is true copy of
" charter for Glover
4 Sasr. appears from the
q TX Superior Court.