The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1904-02-19
PETITION FOR CHARTER.
STATE OF GEORGIA,

| n. Il. hlng OF Charlton county, GeOr
gia and J.. I. McKinnon and AIbert
Fendig. both of Glynn county, Geor
gia, respectfully shows:
l. That your petitioners, for them
selves. their associates, successors ant
assigns desire to be Incorporated un
der the corporate name and style Of
The Charlton Land and Timber Com
pany.
2. The object of said company be
ing to conduct and carry on the sever
al enterprises hereinafter mentioned
for pecuniary profit to the stockhold.
ers.
3. 1t is desired that the principal
office and place of business Of said
corporation shall be in the CITY OF
Brunswick, Glynn county, Georgia,
with the right to establish branch of,
fees whenever and wherever the same
may be desired.
4. 1t is desired that the capital
stock of said corporation shall be TWEEN.
ty-five thousand (s25,0OOG0) dollars
to be divided into two hundred and fiji.
ty (250) shares Of the par value of one
hundred ($100.00) dollars each, with
the privilege from time to time by a
vote OF two thirds OF the issued CAPT.
tai stock, to increase said capital
stock to any desired amount not in
excess Of one hundred and fifty thous-
and (S150.0e0) dollars.
5. More than ten percent Go per
cent? of said two hundred and fifty
(250) shares of tn capital stock are
now subscribed for, and ready to be
paid in upon the granting Of the chart
err and organization of the company
g. 1t is desired that the term of
! said charter shall be twenty 400 years
with the privilege of renewal thereaf-
I ter.
Z. It is desired that upon all the
questions coming before said stock
holders touching the management and
control of saidd corporation, the vote
shall be taken upon the basis of each
legal owner of the capital stock be-
ing entitled to one vote for each share
of said stock owned by him.
The principal business of said com
pany shall be to deal in, and buy and
sell real estate and timber, but in con.
nection Herewith the said company
desires TO cut, haul, manufacture and
otherwise produce in any manner, OF
by any method which now, or hereafter
may be known to trade, skill, science
or art, any and everything, product or
by-produot, which can be used or sold
and which may be obtained from, or
may be grown upon the soil, or which
may be obtained from any trees or
wood whatever, but It is desired more
especially to engage in the cord wood
and saw mill and cross tic business.
and in the manufacture and refining
OF naval stores, rosin, and spirits of
turpentine, and any other product that
may be Obtained from pine, or other
trees or od, and to sell or otherwise
dispose o everything the said compa-
ny may acquire or produce.
And likewise 1t is desired that said
company shall have the right to deal
in and buy from others, and to sell
( eny article or product of like nature
as any Of the foregoing, or herein
after mentioned products, and it is
desired that the said company shall
also have the right to engage in agri-
culture, or other tillage Of the soil
in any manner now, or hereafter
known to- trade, skill, science or art,
and in like manner to engage in the
raising of cattle, horses, sheep, swine.
and other live stock, and In using and
disposing Of them as herelnbefore men
toned.
And it is desired that the said com.
pany, in connection with any branch
or all of said business, shall have the
right to conduct and carry OH such
conmissaries and stores In the sale
of merchandise, and other articles OF
trade as they see fit
And it is further desired that in con
nection with any feature OF its said
business, said company shall also have
the right to construct, build and equip
or purchase, lease or otherwise ac-
quire any tram road, railroad or other
road, or steamboat of other water
craft and maintain and operate the
same in the handling and moving Of
its products and its other freights.
8. 1t is desired that any part of the
capital stock of said company may
be paid for either in money or IN pro
perry, but II paid for in property, the
said property to be taken at it's fair
market value at the time OF the pay
ment
10. The premises considered, your
petitioners pray the granting OF the
charter to them under the said name
and style with the capital stock afore
said, and for the purposes and term
aforesaid, and with power to do and
carry into execution all the purposes
and things hereinbefore mentioned,
and with all the other powers herein
before described, and may it please
the court to grant upto your petition
ers the further powers to make such
| bylaws. rules and regulations touch
ing the government Of their own bouy
as the stockholders from time to time
shall see fit to make, not inconsls-
tent with this charter, or with the
laws az this country, and also the gen
oral mower to own and dispose OF all
kinds of property, including among
others stock in other corporations
and hi sue and be sued, plead and be
inonleaded to contract and be con
fracted with, to execute notes, bonds
and other evidences Of debt, and eZ
ecute mortgages and other lines on
its property, securing any sucn ilotes
bond or other evidences OF dept as
said corporation may from time %
time make, and generally, to do every
thing and have every power belonging
to or that is incident to corpora lions
Of ike character, and especially all
Of the general powers provided for
permitted or allowed under section
9ss0 NJ the civil code Of Georgia OF