Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1908-11-07
APPLICATION FOR CHARTER
STATE OF GEORGIA

STATE OF GEORGIA--
County of Sumter, SIS:
To the Honorable Superior Court of
said County:
The petition of M. s. Harper, E. L.
Bell, Mrs. R. L. McMath, and R. L.
NcMath, for themselves, their asso-
3iates, successors and assigns, would
respectfully show the following facts:
FIRST
That on September 23rd, 1891, the
Americas Oil Co., by its petitioners,
2. H. Ferguson, j. j. Gaffrey, John
VI. Green, H. c. Bagley and NJ. S.
Harper, filed their petition for in
corporation under the style of the
Americas Oil Company, which char
Ter was granted by his Honor, w. H
Fish, Judge of the Superior Courts of
the South Western Circuit, presiding
IN Americas Sumter County, on Nov
9mber 23rd, 1891, Incorporating the
Americas Oil Company for twenty
years, with the privilege of renewing
their charter from time to time as
they may see proper" Their OBJ
jects of incorporation was for pecun-
larry gain for themselves, associates
and successors; the business propos-
ed to be carried ON was "the buying
and selling of cotton seed and its
products, such as cotton seed oil,
crude and refined cotton seed meal
and cake, cotton seed bulls and ashed,
crushing, pressing and refining of
same; further, that of purchasing and
dealing in seed cotton and cotton seed
after the cotton has been ginned, of
all kinds of varieties, and the manu-
facture, preparation and sale of pro-
ducts derived from cotton seed and
the carrying on, managing and con-
rol of such business or manufactures
connected Herewith; and generally
to engage in all such employments
and lines of business where cotton
seed or its products are utilized who'll
ly or in part; also the leasing and
owning of tank cars, manufacturing
of barrels and casks and all other
commodities in connection with said
business. The main business of the
corporation is to be the manufacture
and sale of cotton seed oil, and as
incident thereto, the utilizing and
sale of all products OF. seed cotton
and cotton seed" The principal Of
fee and place of business to be in
Americas, Sumter County, Ga, but
we're permitted to carry on bust
ness, employ and send agents else
where in the State of Georgia, and
out of the state of Georgia, or Terri
tories of the United States, and to
establish necessary branch offices
therein if they deemed it advisable.
SECOND.
The amount of capital specified to
be employed in said original charter
is in terms as follows: Zone Hun
dred Thousand Dollars 100000
Fifty Thousand Dollars $50,00000) of
which is actually paid in before be-
ginning business, with the privilege
of increasing their capital n any
amount not exceeding One Hundred
and Fifty Thousand Dollars $100 000,
.00)
Petitioners asked for the right ito
purchase lease, hold, own and con-
troll, sell, assign, transfer, or dispose
Of such real estate, or interest in
real estate as may be necessary and
proper for the legitimate and conven-
lent transaction of their business
Petitioners desire the right and
power to make all such Bylaws, and
alter the same at pleasure, as they
may see proper; to have and use a
common seal. and to change the same
at pleasure; to have a right to sue
and be sued, and to make all neces-
sary contracts in the conduct of its
business; to borrow money and to Sc
cure the same, and by giving notes,
bonds, mortgages and land, as the
indentures bonds, mortgages
and land as the cor
poration may see proper to do;
and further, to be invested with all
the rights powers, privileges, immun-
tiles and franchises incident to cor
porations of the kind, and necessary
to carry on and conduct the objects
and purposes of the business of petit
TONERS. Petitioners further desire
that they shall be incorporated so
that no stakeholder in the corporation
shall be bound in any way for the
debts or liabilities of the corporation
beyond the amount of his unpaid
subscription of the capital stock of
said Company"
FOURTH.
Petitioners show that in 1908 they
purchased the entire stock of the
Americas Oil Co., which was issued
under the original charter as before
stated which amounted only to Fifty
Thousand $3.50, 100000 Dollars, and
that your petitioners are the sole
owners of the Americas Oil Co., in
cluded in the purchase of the stock of
the Company; and also took over the
entire property of the Americas Oil
Co., including its several ginneries in
this and other counties in Georgia.
FIFTH.
Your petitioners would show that