The Marietta journal. [volume] (Marietta, Ga.) 1866-1909, 1905-08-24
GEORGIA-Cobb County:

4
To the Superior Court of said county.
The petition of E Powers, of Allan
ia, Ga. and Moultrie M Sessions, of Ma
rletta, Ga, respectfully shows:
Section /, That they desire for them
selves, their associates, successors and
| assigns to be incorporated under the cor
porate name of the
Marietta Paper Minis and Power
Company
for term of twenty (20) years with the
privilege of renewing according to law.
Section 2, The object of their sssocia-
ton is pecuniary profit to the members
thereof, as the result of business to be
carried on as hereinafter specified.
Section 3, That that amount of capital
to be employed by them actually paid in,
in cash, or in property at it's reasonable
equivalent, is 100000 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-
firmative vote Of holders of at least two
| thirds of the common stock at the time
| ofsuch increase to sum not exceeding
| One million dollars ($1000,00O) in par
value. By vote of three.fourths of all
| ofIthe common stock the stockholders
| shall have the right at any time during
the life of said corporation to issue and
sell Preferred stock of Preferred Cumu-
lative stock, bearing such interest as the
company may fix the company having
| the right to fix by its 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.
Sections 4, The principal business they
propose to carry on is the manufacture
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 its own or to acquire existing plants
or to own stock in such corporations as
the stockholders of said company NAV
deem to the best interest of the company
Sec. g. The right to carry ON other
business whether manufacturing or
otherwise which may seem to the com
pany capable of being conveniently car
r1ed on in connection with the above or
calculated directly or indirectly to en-
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
may be appropriate to the lawful con-
duct of their business, and to dispose of
such property by use, or sale, or other
wise, as the interest of said business
may require; and the right and power to
lncar lndebtness, 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. s. Their principal place of bus
mess to be i'll the city of Marietta, Ca,
and they propose to carry on their oper-
ations i'll other places in said state and
IN other states, as the interest of their
business may require.
Sec. 9. Stockholders are to be indi-
vidually liable only to the extent of
their unpaid subscriptions.
Sec. 10, They desire to adopt such
rules, regulations and Bylaws that NAV
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 bv
Law, and your petitioners will ever pray.
MoULTRIE NJ. SESSIONS.
CLAY & BLAIR.
Attorneys for Petitioners.
Filed i'll office this the 22nd day of
August 1905. J, B. GLOVER,