Fitzgerald enterprise. (Fitzgerald, Ga.) 1895-1912, 1904-04-09
PETITION FOR CHARTER.

TO THE SUPERIOR COURT OF SAID
COUNTY;
The petition of T. W. Garbutt, ].
W. Garbutt, F. j. Garbutt and M. w.
Garbutt, of Wilcox county, Georgia,
and E K. Farmer, Irwin county,
Georgia, respectfully shows:
e. That they desire for them
selves and such other persons as
may be associated with them, to be
incorporated as private corpora
ton for a period oftwenty (20) years,
with right of renewal under the cor
porate name and style of FITzGER-
AID COTTON MILLS.
(2) That the objects of their as
ISOLATION and the particular business
they propose to carry on under said
corporate name are as follows:
To do general business In the
manufacture and sale of all articles
whatsoever, and especially of all
kinds and grades of cotton goods and
fabrics; to carry on the business of
general merchandise, Wholesale or
retail or both; also a general ware
house, commission, brokerage and
factorage business; to subscribe for,
purchase, receive, hold, sell Or dis
pose of the stocks, bonds or obliga-
tions of other corporations.
80 That the principal place of
business of said corporation will be
at or near Fitzgerald in said Irwin
county, but petitioners desire that
said corporation shall have the right
to do business at such other places
within or without said state as it's
board of directors Or other govern
ing body may determine.
~ That the amount of capital
stock to be employed by said corpor-
alton, actually to be paid in, will be
the sum of Seventy-6v Thousand
(S75, O00 Dollars, to be divided into
shares of the par value of One Hun
dred (S100) Dollars each, more than
ten per cent of which has already
been paid in. Said corporation to
have the privilege of increasing said
capital stock by action of the board
at their meetings from time to time,
to such amounts as may be deemed
best, not to exceed in the aggregate
One Million ISL 1000, 0OO Dollars, and
to similarly decrease the same from
time to time, to any sum not less
than Seventy-five Thousand (s75 OOO)
Dollars. Liability of stockholders to
the creditors of the corporation to be
limited to their actual unpaid sub
scription to stock. That at all meet
ings of the stockholders of said cor
poratiOn, a majority vote of said cor
poration shall be represented and
that each share of One Hundred
($1O0) Dollars shall represent but
one vote. ..,.-,F,
(5) In addition to the foregoing,
petitioners ask that said corporation
shall be empowered as follows: To
sue and be sued; to plead and be inn
pleaded; to have and use corporate
seal; to make contracts of any kind
whatsoever, in furtherance of it's
business; or to receive donations by
Will otherwise; to make bylaws and
elect officers, including trustees and
directors, to carry on it's business;
to purchase, own, lease, hold or
rent, anywhere within the state of
Georgia or elsewhere, lands, factor.
les, buildings, franchises. machinery
and other real or personal property
of any and all kinds. whatsoever,
which may be necessary or conven-
lent for the carrying on of the bust
ness of the corporation, and to sell,
mortgage, sublet, assign, pledge,
convey or dispose of the same at
wills to borrow money and secure
the same by collaterals, personal Sc
curities or mortgages or trust deeds
to and upon all it's property or fran
chises, or otherwise, and to issue
notes, bonds dedentures or other OBJ
legations therefor and generally to
do and perform all acts whatsoever
that may be necessary aud proper
for conducting the business of the
corporation, and to exercise all the
powers and privileges conferred by
law upon private corporations.
Co., Wherefore, petitioners pray
the granting of an order by the
court, Incorporating them and their
associates and succe ssors under said
corporate name, for the time and
purposes and with all the powers
and privileges aforesaid And petit
TONERS will ever pray, etc.
J. W. GARBUTT,
F. j. GARRUTT,
|