Fitzgerald enterprise. (Fitzgerald, Ga.) 1895-1912, 1908-02-22


shows:
/ That they desire for themselves
their associates, successors and as
signs, to be incorporated as private
corporation, under the name and
style of Fitzgerald Lumber & Naval
Stores sUompauy, for q period OF
twenty years, with privilege OF re-
newal at the expiration of that time.
Q. That the object of said corp"r-
alton Is pecuniary gain and profit
Tor the stock holders thereof, and it,
principal place of business ehall be
in Ban Hill County, Georgia; bd
petitioners ask that eaid Corpora
ton may have the privilege and
power of establishing nd operating
the business of the Corporation at
such other places as may be- desired
3. That the capital stock of ssid
corpora ion shall be Sixteen Tbous
and Dollars 1915 600 O0) divided into
shal es of tho par value of One HIM
dred Dollars each, anu petitioners
show that the whole of eaid capital
stock 70 already been paid In.
D. That the particular bnsinese
which they desire to carry on as such
corporation is the manufacturing
and selling of Naval Stores md lum
ber, farming, and the operation in
connection herewith of a General
Mercantile Bushes. In connection
with the business aforesaid petition
ers deAire.and ask that said corpora
ticn be empowered and fully author
iz@d to purchase, own, hold, improv,
sell and convey all Kinds Of property
whether real, personal or mixed,
and also TO handle and dispose of al
such properly en- commisSion;a and
to do and p rform every ac5 and
hing which may be necessary or
convenient for the car ying on OF
the business Of the corporation as
herein indicated.
B That in addition to the powers
and privileges CT doing tho thing
nertinbefore recited, petitioners de
sire and pray that said corporation
be clothed and invested with all the
powers and privi'e ges usual and H.
ci ent to suHh corporations IN gen
eral, and especially tho following
bowers and privileges:
To sue aad be sued; to have a. r
use IL corporate zeal; TO eloct pres
ident, Vice President, Secretary ano
Treasurer, and such other officers,
including Board of Directors, a.
may b. deemed expedlent, and t.
prescribe their powers and duties; tt
make and ad. p5 constitution and
b, laws for the government q dir
ection of the conduct md business
the corporation and the officers there
of; to lend or borrow money, and t.
secure the same in such manner a.
may be- deemed expedient; tn mex
or issue notes, honds, debentures
other negotiable instruments or sec
uriIies, and to secure the same by
mortgage, pledgv, trust deed or
other Use, and to provi 10 for the
pay ment thereof; to increase the
Capital Stock of said Corporation at
any Stocs holders Meeting by two
thirds majority vote Of the stock
holders to any amount not exceeding
the sum of FIFTY Thousand $3.50, 000.)
Dollars, and in Ike manner to de-
crease the said capital sto k to an!
rmourt not less than the sum OF
six Thousand &c. 600 COY Dol'ars; to
let or rent out any of its property or
the whole thereof whenever IN the
opinion of The Directors it is to the
best interests of the Company, and
under like circumstances to let or
hire it franchises, or other property,
for the purpose of raising mouev; to
rent We at any time by a majority
vote or the stock, holders any of the
Officers of said Corporation.
o. Petitioners desire and pray thai
no share holder thall be be liable TO
the Creditors of the Corporation, ex
cept to the extent of any unpaid
balance due on his stock subscrip-
ton.
z. Petitioners pray that they and
their associates, successors and as
8 GINS. bs incorporated under the
name and style, and foe the period
and purposes, and with the powers
and privileges, and immunities afore-
oaid