The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1908-01-14
PETITION FoH CHARTER

Georgia, Glynn County.
To the superior Court OF Saidl
County:
The petition CT c. II. Cook, f. I
Tw.tty and Willard Reese, all 81
said state and county respectfully
shows:
l. That petitioners desire for
them elves and such other persons
as may hereafter be as ociated with
them 20 be Incorporated under the
name and style of Woodland Invest
mont Company.
alton is pecuniary S3in to It's share
bolGees, and its particular objects
are:
To huy, own, hola improve lea e
and sen or otherwise dispose of real
estate. 70 huy. own hold, manufact
ure and sell timber. crossties and al
t.yubar products, and to conduct
general tHrpentine and naval store
business and TO conduct commissar-
les, ana DO 4 general merchandise
business; to buy, OWN. hold and to
sell or otherwise dispose of bonds,
stocks. notes chose in acton and
4nve stmant securities of all class
es. and any and all other kinds Of
personal property, To act as agent
for other persons in the buying and
selling Of any Of said properties or
IN the exercise of any of such powers
ana to charge u commission or brok-
erage therefor.
3. Tint the principal Office of said
corporation shall be in the city Of
Brunswick. Glynn county. Georgia,
with the right to conduct business
and establish agencies and branches
at any other place In said ltate or
in the United States, or In any 70
elgr country.
a. That tho capital stock Of sale
corporation shall be flftetn thousa4d
dollars, divided into one hundred
shares Of the par value of one hun
d'ed dollars each with the right to
increase the capital stock, from time
to time, by an Affirmative vote OF the
majority Ct the stock outstanding at
the tine to an" amount or amounts
not exceeding inc hundred thousand
dollars the mar value q. all shares
of stock in the event Of increase to
he one hundred dollars each Petit
iNpers desire that such corporation
shall have tho riPht to receive in pay
ment for its capital stock real or per
00nal property at valuation to be
fixed by the board Of directcrs
3. That the officers of said com
pany shall be a president. vice-pres
ident. secretary and treasurer: and
such other officers or agents as NAV
be deemed necessary. wilh the right
in any Of the three first named Off
GERS to hold ttA office Of treasurer.
That there shall be 4 BOARD Of direct
ors to be elected by the shareholders
as may be provided By the bylaws
" regulations of tn stockholders.
Vacancies in the board OF directors
may be filed By the remaining mem
bers Of the board fer uneXpred tel mn
g. That the stockholders ehall
have authority to adopt bylaws or
n amend the same or to delegate
fuch mower ~ the directors
7. That petitioners or 2jOrif"
Of them shall have authority upon
the granting of the charter mere
prayed for to open books Of sub
scrirtlon to the capital stock Of aid
rDoration. and when one, hundred
and fifty Shares shall have been sub
scribed. TO call meeting Of the sab
ScribrrS TOT the purpose 81 erecting
organization Of the company. and for
the transaction Of such other bust
ness az may be properly incident
thereto
g. Petitioner desire that said cor
porat.on may have the right t. con
tract and be contracted with TO sue
and he sued. to lend money. a.:d tc
borrow money and to secure ihe pay
n1ent Of the sama. to have and use
p common corporate seal and to
change the same at pleasure. and gen
orally TO have All Of tho rights. DOW
err and privileges vested In and in
cidcnt to similar corporations organ
lied under the Jaws of said state.
2. Petitioners desire To De i11cor
borafcd under said naWo and style Or
Woodland Investment Company. with
the rights privileges and powers
herein PRAYED for and set ont for a
term OF twenty years with the privi-
lege Of renewing the charter Of said
corporation at the expiration Of SAID
tern.
Twsty q Reese.
petitioners Attoraegs. (