The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1903-06-05
PETITION FOR CHARTER.
STATE or GEORGIA,

v
COUNTY OF GILNN.
To the Superior Court of Said Coun-
ty:
The petition of f. e. Twitty, L.
l. Lamar. and Willard Rcesc. all of
said state and county. respectfully
shows:
l. That they desire for themselves
and such other persons as may be as
0ciatcd with them TO be irc0rpOra
led under The corporate mime and
style Qf THE Stanley Land Company.
=. That the object Of the proposed
corporation is the pecuntary gain OF
Is members and lis special objects
are: 10 buy, own, hold and ian
grove lands and real estate generally
M TO sell. lease or otherwise dis
pose of such property; to buy OWE,
mold and sell stocks and bonds and
personal property of any kind; TO lenft
money ana take security therefor;
and generally to do such other acts
ana things as may be deemed for tnv
BEST interests OF the corporation moi
Qconsistcu. with It's character
.. That the principal office of the
proposed corporation shall he Bruins
WICK, in said county OF Glynn.
4. That the capital stock of the
proposed corporation snail be Five
Thousand Dollars divided into nifty
shares OF the par value OF One Hun
dred Dollars oacA. and petitioners do
sire the right by a majority vote OF
stock to increase such capital stock
from time to time to any sum or sums
not to exceed Fifty Thousand Dol
lars. Petitioners also desire the
right to receive In payment for stock
real estate or personal property at
a valuation TO be fixed by the direc-
tors, AT least ten per centum Of the
subscribed capital stock shall be paid
IL before beginning business, and the
balance shall be paid as called by tho
directors.
). That the officers of the corpora
non snall he President. Vice Prcsl-
aent Secretary and Treasurer. ami
-ach other oi&cer. or agents rs the
stockholders or directors may conAG
tute or appoint The board of uITec-
tors snail consist OF not less than
tAfce nor more thau ming parsons. ali
oil Wnom shall ne shareShuldera. ami
sucn directors snail DC elected BY taa
mare holders.
8. That the stockholders shau have
the right TO make bylaws, tul95 aed
regulations for the government OF the
corporation, or 10 delegate this an
ihority to the directors.
I. That under such corporate name
ana style, your petitioners desire tnc
right to contract and be contracted
with; to sue ami be sued to borrow
money and secure the same as the
BOARD or directors may desire; to have
ana use common seal, and to chnpae
iho same at pleasure; ana generally
TO have al the rights, privileges ana
powers incident to ana necessary ana
proper IN the conduct ana oporetion
OF he business Of the proposed cor
pCfaLon, and all the rights, privllrnes
auu powers 8lVcn and granted similar
corporations under the laws OF tionr.
ga.
3. That there shall be no individ-
ia! liability upon the part Of any
'.areholder Of the corporation. excent
lof Such amount as may be due by
9'ie.1 shareholder as unpaid subscrtp
- "'"'N III 5dlG corporation.
.. Ihat petitioners desire 10 he in
coiporajcd unGer said name and sfvle
Oh The Stanley Land Company" with
al the rights, privileges and powors
lrayed for horoin for period Of
twenty years with the privilege If
renewal at he expiration Of that time
i. e TWITTY,
c,,1,nu Petitioners Attorney.
GEoRGIA. GLYNN COUNTY.
j hefeby certify that the foregoiup
ap"lieat'on ior Incorporation nv rne
petitiohefs therein named of the Ston.
icy Land Company, vas filed In the
once OF the CLERK Of the Superior
court OF said county this ApriI -
C lTao ., u f. du BIGNON.
Georgia county