Fitzgerald enterprise. (Fitzgerald, Ga.) 1895-1912, 1906-08-21

That the object of said corporation
is pecuniary gain and profit for the
stockholders thereof, and it's princi.
pal place of business shall be at
Thurmond, in said county, but petit
TONERS desire the privilege of estab
fishing and operating branches OF
said business at such other places as
may be deemed best.
-3rd-
That the Capital Stock of said cor
porations shall be Sixty Thousand
$3.50, 200, OO) dollars, divided into six
hundred (6OO) shares of the par val
ne of one hundred $4,000 dollars
each; bat petitioners desire the right
to increase said capital stock at any
regular stock holders meeting to any
amount not exceeding one hun
dred thousand $500, OOO.OO) dollars,
and likewise to decrease said capital
stock to any amount not less than
sixty thousand (S6O, OOO.0O) dollars.
Petitioners show that more than ID
per cent of the said capital stock has
already been paid in.
| -4th.-
| That the particular business which
they desire to carry on as such cor
poration is as follows:
To do general saw-mill and lumber
business and for that purpose to estab-
lish or acquire, maintain and operate
saw-mills, planning mills, single and
lath-mills, dry-kilns and other ma
chinery as may be necessary or con-
venient for the carrying on of the
the saW-mill and lumber business;
to manufacture and sell for cash or
on credit all kinds of lumber and
other building materials; to purchase
improve, own hold and convey
real estate of every kind including
timber and timber lands; to estab-
lish, maintain and operate a Gener-
al Mercantile business, and to buy
and sell at retail or wholesale, or
both, all kinds of goods, wares, and
merchandise; to build, maintain and
operate all such tram roads or rail-
roads as may be necessary or con-
venient for the purpose OF carry
ing on the business of the corpora
ton; and generally to do and perform
every act and thing which may be
necessary or convenient for the car
rying on of the business of the cor
poration to the best interests of the
Stock holders thereof.
9TH
That in addition to the powers and
privileges of doing the things herein
before recited, petitioners desire and
pray that said Corporation be cloth
ed and invested with all the powers
and privileges usual and incident to
Corporations in general, and in adj
dition thereto the following powers
and privileges:
To sue and be sued; to have and
use corporate seal; to elect presi-
dent, Vice President, Secretary,
Treasurer and Board of Directors
and such other officers as may be
deemed expedient, and to prescribe
their powers and duties; to make and
adopt Constitution and Bylaws for
the government and direction of the
business of the corporation and the
officers thereof; to lend or borrow
money, and to issue bonds, notes or
other negotiable evidences of debt,
and to secure the same by mortgage,
pledge, trust.deed Or otherwise. and
to provide for the payment thereof;
to sell lumber, building materials,
goods, wares and merchandise on
credit and to take mortgages or other
evidences of debt, or any kind of
collateral whatever, to secure pay
ment of the purchase price of the
same; to remove at any time, by a
majority vote of the Stockholders,
any of the officers of the said Cor
poration.
| 9Th
Petitioners desire and pray that no
shareholder of said Corporation
shall be liable individually to Cred1-
tors of the Corporation, except to
the extent of any unpaid balance
due on his Stock Subscription, nor
then, If he has paid debts of the Cor
poration equal to said balance.
-7th-
Petitioners desire and pray that
said Corporation be authorized and
empowered to accept and receive in
payment for it's Capital stock real
estate, including timber and timber.
lands, as we'll as personal properly
of any kind,