The Brunswick daily news. [volume] (Brunswick, Ga.) 1903-1906, 1904-02-13
PETITION FOR CHARTER.
sTATE or GEoRGIA.

county OF Glynn.
To the Honorable Superior Court Of
said County:
The petition OF Edwin Brobston Of
the city Of Jacksonville. Florida, and
n. B. King OF Charlton county, Geor'
gia and L. T. McKinnon and Albert
Fendig, both of Glynn county. Geor.
gia. respectfully shows:
]. That your petitioners, for them
selves, their associates, successors and
assigns desire to be Incorporated UNI
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.
8. 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. It is desired that the capital
stock Of said corporation shall be TWEEN
] ty-five thousand 1925, 100000 dollars
| to be divided INTO two hundred and If
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
land ($150.000) dollars.
S. More than ten percent 40 per
cent? of said two hundred ard fifty
(250) shares OF th capital stock are
now subscribed for. and ready to be
paid in upon the granting OF the chart
er and organization OF the company.
6. 1t Is desired that the term Of
said charter shall be twenty (20) years
with the privilege OF renewal thereaf-
ter.
z. 1t 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 snd timber. but In con
nection Herewith the said company
desires to cut, haul, manufacture and
otherwise produce in any manner, or
by any method which now, or hereafter
may be known to trade, skill, science
|or art, any and everything, product or
which can be used or sold,
land which may be obtained from, or
may be grown upon the soil, or which
may be obtained from any trees or
wood whatever, but 1t is desired more
ESPECIALLY to engage in the cord wood
and saw mill and cross tie business,
| and In the manufacture and refining
OF naval stores, rosin, and spirits OF
Iturpentine, and any other product that
may be obtained from pine, on other
trees or wood, and TO sell or otherwise
dispose OF 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
any article or product of like nature
as any of the foregoing. or herein
after mentioned products, and 1t Is
desired that the said company shall
| also have the right to engage in agri.
Iculture, or other tillage OF the soil
| In any manner now, or hereafter
known to- trade, SKILL, science or art
land in like manner to engage in the
raising OF cattle, horses, sheep, swine
| and other live stock, and in using and
Idisposing Of them as herelnbefore men
toned.
And IL is desired that the said com
Ipany. In connection with any brancf
Tor all of said business, she'll have the
fright to conduct and carry Oh SHci
commissaries and stores in the salt
Of merchandise, and other articles o
itrade as they see fit.
And II is further desired that in con
Injection with any feature of Its SAT-
business, said company shall also hav'
1.-THE right to construct, build and equip
Tor purchase, lease or otherwise &C
Iuuire any tram road. railroad or othei
road, or steamboat Of other waite
craft and maintain and operate thu
same in the handling and moving O
Its products and its other freights.
| 9. 1t is desired that any part OF the
| capital stock Of said company ma,
| be paid for either in money or in pro
perty, but If paid for in property, the
said property to be taken at its fail
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 1t please
the court to grant upto your petition
ers the further powers to make such
Iby-laws, rules and regulations touch
ling the government OF their own body
las the stockholders from time to time
| shall see fit to make, not inconsis'
/ tent with this charter. or with the
| laws OF this country, and also the gen
eral power to own and dispose OF all
kinds of property, Including among
others, stock in other corporations
land to sue and be sued, plead and be
/ implicated, to contract and be con
tracted with, to execute notes, bonds
and other evidences OF debt, and ex
ecute mortgages and other lines on