The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1903-06-11
PETITION FOR CHARTER.
STATE OF GEORGIA.

STATE OF GEORGIA.
COUNTY OF GILNN.
To the Superior Court of Said Coun-
ty:
The petition OF f. Is. Twitty, f.
l.. Lamar, and Willard Reese. all OF
said state and county, respectfully
shows:
l. That they desire for themselves
and such other persons as msy be as
sociated with them TO be incorpora-
ted under the corporate name and
style of The Stanley Land Company"
g That the object of the proposed
corporation is the pccuniary gain OF
its members, and Its special objects
are: TO buy, own. hold and I'M
prove lands and real estate generally,
and to sell. lease or otherwise dis
pose OF such property; to buy, own,
hold and sci stocks and bonds and
personal property of any kind; to len1
money and take security therefor;
and generally to do such other acts
and things as may be deemed for the
best interests Of the corporation not
inconsistent with its character.
o. That the principal Office Of the
proposed corporation shall be Bruins
wick. in said county Of Glynn.
a. That the capital stock of tne
proposed corporation snail be Five
Thousand Dollars divided into nifty
shares of the par value Of One Hun
dred Dollars each. and petitioners dc
sire the right by a majority vote ei
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
in before beginning business. and the
balance shall be paid as called by the
directors.
8. That the officers OF the corpora
| ton shall be a President. Vice-Presl
dent, Secretary and Treasurer. an(
such other officers or agents as thu
| stockholders or directors may constl
| tute or appoint The board of direc
| tors shall consist OF not less thar
| three nor more than nine persons, al
of whom shall be share holders, am
| such directors shall be elected by tn,
| share holders
| 8. That the stockholders shall hav,
the Fight to make bylaws, rules an,
regulations for the government OF tn.
| corporation, or TO delegate this au
thority to the directors
| I. That under such corporate nam,
| and style, your petitioners desire tn,
| right to contract and be contract et
| with; TO sue and be sued; to borrow
! money ard secure the same as tn.
| board OF directors may desire; to have
| and uss common seal, and to change
the same at pleasure; and generally
to have all the rights, privileges anr
| powers incident to and necessary anC
| proper IN the conduct and operation
OF the business of the proposed Ger
| poration, and all the rights privilege.
and powers given and granted similar
| corporations under the laws of Geor
sia.
| 8. That there shall DO no indjyId
| uai liability upsn the part of an,
shareholder Of the corporation, excen
LOT such amount as may be due h,
| such shareholder as unpaid subscrin
'ion ior stock in said corporation.
| >. mat petitioners desire to be in
corporated under said name and styl,
Oh The Stanley Land Company" Will
all the rights, privileges and power,
prayed for herein, for period @
twenty years, with the privilege o
renewal at the expiration of that time
=. e, TWITTY,
cUoro, petitioners Attorney.
GEORGIA, GLYNN COUNTY.
hereby certify that the foreeoint
appiication fer incorporation by IN,
petitioners therein named of the Stan
ley Land Company, was filed in III,
enice OF the clerk of the sunerio
court of said county this ApriI a
| 1903. u r H., Dtrn 81
clerk Superior Court Glynn County
Georgia. 0"N'S