The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1905-09-14
GEORGIA-Cobb County:

The petition of E Powers, of Atlan.,I
ia, Ga. and Moultrie M Sessions, oswi
r1etta, Ga, respectfully shows:
Section /, That they desire for
selves, their associates, successor
assigns to be incorporated under thu
porate name of the
Marietta Paper Mills and Pow
Company
for term of twenty (20) years with til
privilege of renewing according to law
Section 2, The object of their associs1
ton is pecuniary profit to the membej
thereof, as the result of business to b
carried on as hereinafter specified. Y
Section 8, That that amount of capital
to be employed by them actually paid in,
in cash, or in property at it's reasonable
equivalent, is $500, 900 90, divided into
shares of One Hundred Dollars each,
with the privilege of increasing same
from time to time as desired by the
stockholders. The right to increase the
common stock from time to time by af-
fiTmative vote of holders of at least two
thirds of the common stock at the time
of such increase to sum not exceeding
One million dollars ($l,OOO,OOO) in par
value. BY vote of three-fourtbs of all
shall have the right at any time during
| the life of said corporation to issue and
sell Preferred stock or Preferred Cumu-
lative stock, bearing such interest as tho
| company may fix the company having
the right to fix by it's bylaws, rules and
| regulations the terms and conditions up
on which said Preferred stock may be
issued by this corporation to an amount
not exceeding, at any one time. of $780,
600 90 and then only for the purpose of
securing additional capital, if necessary.
or to take the place of any bond or bonds
that may be hereafter issued by said cor
pOration.
Section4, The principal business they
propose to carry on is the manufactur-
ing, producing, purchasing, selling and
dealing in any and all kinds of paper, pa
per bags, box board, paper boxes, paper
cones'and the like and dealing in any
and all kinds of ingredients, products
and compounds thereof and any and all
materials that are now or hereafter may
be used in connection with such manu-
facture, including the manufacture and
production of wood pulp, chemical pulp
and any other fibre.
Section 5. The right to purchase, Dor
row, own, lease, manage control and
operate on such terms and conditions as
to this corporation may seem proper, wa
ter, water rights, power electrical and
other power, and to own and operate
water works, sewerage and electric light
plants, having the right to build plants
of it's own or to acquire existing plants
or to own stock in such corporations as
the stockholders of said company may
deem to the best interest of the company,
Sec. 6. The right to carry on other
business whether manufacturing or
otherwise which may seem to the COM
pany capable of being conveniently car
ried on in connection with the above or
calculated directly or indirectly to Ell
nance the value of the company's prop
erty or rights, having the right to &C
quire the good will, rights, property
! and assets of all kind, and to undertake
the whole or any part of the liabilities
of any person, firm, association or cor
poration and to pay for same in cash,
stock, bonds or other securities of this
| corporation, or otherwise.
Sec. 7, That they desire the right,
power and privilege to do all things
| and acquire and hold all property that
/ duct of their business, and to dispose of
/
| wise, as the interest of said business
/ may require; and the right and power to
| incur indebtness, to be evidenced by
notes or bonds, which may be secured
by pledge mortgage or conveyance of
| title of any or of all the assets of said
corporation.
Sec. 8. Their principal place of bus
mess to be in the city of Marietta, Ca,
| and they propose to carry on their oper-
| atoms in other places in said state, and
In other states, as the interest of their
| business may require.
Sec. 9. Stockholders are to be ind-
vidually liable only to the extent of
their unpaid subscriptions.
Sec. 10, They desire to adopt such
rules, regulations and Bylaws that may
be necessary for the proper operations
of their business.
Wherefore, your petitioners pray that
| this honorable Court would be pleased
| to pass its order, incorporating them as
| above prayed, with all the rights, pow
ers and privileges as above set forth and
otherwise provided by Law, and subject
to all duties and obligations imposed by
Law, and your petitioners will ever pray.
MoULTRIE NJ. SESSIONS.
CLAY & BLAIR,
Attorneys for Petitioners
Filed in Office this. the 22nd day of
August, 1905. J, B. GLOVER,
Clerk Superior Court
GEORGIA, COBB COUNTY.
I, J, B. Glover, Clerk of the Superior
Court of said State and County, hereby
certify that the foregoing is true copy
of the application for charter in the
matter of the Marietta Paper Mills and
Power Company, as the same appears on
file inthis office.
Witness my official signature and the
seal of said Court this the 22nd day of
August, 1905. J. B. GLOVER,
Clerk Superior Court