Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-11-07

on the 10th of October, 1908, that your
petitioners, as constituting the entire
stockholders of said Oil Co., in writing,
by unanimous consent Of the stock
holders, called a meeting to be held
at Americas, Ca, on 18th of October,
1908, for the purpose of considering
ana acting upon renewal of the char
ter of the Americas Oil Co. for the full
term of twenty years from on, and af-
ter the 23rd Of November, 1911;
and also to look into an amendment,
proposing a change as to the capital
stock, as wei las to embrace the right
of operating ginneries. That on the
18th of October. 1908, in pursuance of
said call, the stockholders unanimous
ly adopted a resolution setting out
the original incorporation and adopted
resolution authorizing petition
asking the Court to grant petitioners.
their associates, and assigns, a renew
al of incorporation for the full term of
twenty years on and after the 23rd day
of November, 1911, with all the pow
ers, objects and privileges set out in
the original charter as if specifically
referred to herein. By second provis-
ion of the resolution it was determ-
ined toask the court to make changes
with reference to the capital stock,
and therefore your petitioners will ask
to amend the clause set out in para
graph second Of this petition as fol-
lows: The words One Hundred
Thousand ($160, 100000 Dollars shall
be stricken, and that said clause be
amended by substituting in lieu there
of the expressions: THAT the am
cunt of the minimum Capital stock to
no pIn rh ho II
$3.50, 100000 Dollars, which is actually
been paid in; and further amended by
providing that the capital stock shall
be divided into shares of one hundred
($100.00) Dollars each, and that the
privilege of increasing the same may
be made from time to time as may be
desired advisable by the stockholders"
To this end, allowing this amendment,
petitioners ask the judgment of the
court.
Petitioners would show further, that
they desire further to amend the char
ter, so as to confer upon said Oil Com
pany, full power to purchase land and
erect thereon, and maintain ginneries,
for the purpose of ginning cotton, or
acquiring control of any ginnery, that
may be deemed to the interest of said
Company; buy, purchase, lease or
otherwise in carrying on the business
of ginning, selling, exchanging cotton
seed, cotton, or the products of either;
to gin sed cotton for the public, or
otherwise; to own, sell or convey any
personal property that may be Incl
dent to the operation of the business,
and if necessary to execute notes,
IL Ohf ont
thereof.
SEVENTH
Petitioners would show that said
stockholders did adopt a resolution
instructing that written application
be made to the Superior Court of
Sumter County Ga, and to secure
from said Court as provided by law
and on behalf of the Americas Oil
Company's stockholders, both a re-
newal of and an amendment to its
charter, as hereinbefore specified,
each of the stockholders subscribing
to the resolution duly adopted and put
upon the Minutes. Your petitioners,
as provided by law, have filed in the
Clerks Office of Sumter Superior
Court along with this application a
certified abstract from the Minutes
of the incorporation showing that
application for renewal and the
amendment have been duly authoriz-
ed by proper corporate action.
EIGHTH
Petitioners therefore pray that
renewal of the charter shall be had,
to take effect on the expiration of
the original charter as aforesaid, and
that the amendments herein specified
shall be duly considered and authori-
zed by the Honorable Court; and
that your petitioners may acquire for
themselves, associates and success
sors all of the rights originally OBJ
tanned in the act of original incor-
poration, and which may be incident
thereto, and which may be contem-
plated by reason of the amendments
thereto as herein set out, which
amendments to said original char
ter shall take effect upon proper or
der of the Court in the premises. To
this end your petitioners pray the
Judgment of the court
w. P. WALLIS,
Petitioners Attorney.