Fitzgerald enterprise. (Fitzgerald, Ga.) 1895-1912, 1908-02-13

| shows:
That they desire fer Themselves
their associates, successors and as
signs, to be incorporated as private
corporation, under the name and
; atyle of Fitzgerald Lumber & Naval
Stores company, for a period OF
twenty years, with pr.v.lfgs Of re-
newaI at the expiration Of that tins
2. That the 0! Get of said corpDr-
alton is pecani&ry gain aud profit
for the stock holders thereof, and its
p-iBcipal place of business shall be
in Ben Hill County, Georgia; but
petitioners ask that said Corpora
ton may have the privilege ind
power of establishing md operating
the business Of tho Corporation at
such other places IS may bs desired
3. That the capital stock OF sid
corporation shall! ba Sixteen Thons
aud Dollars (8l6 eco 0l) divided into
sba. es CT tho par value of One Han
dred Dollars each, auU petitioners
show that thu whole Of said capital
stock h&s already been paid il.
4. That the particular bcsiness
which they dssite to carry en- as such
corporation is tho manufacturing
and selling @! Naval Stores nd lum
be-, farming, and tbs operation in
connection Herewith cf q General
Mercantile Bushes In Cunns elton
with the buslness aforesaid petition
ere desireiand ask that said corpora
ton be empowered aud fully author,
lied to purchase, owD, hold, imprGv=
sell and convey al kinds OF property
whether real, personal sor mixed,
and also to handle and dispose of 81
sue property en- conn isaion; and
to do and p rform every ac1 and
thing which may be necessary or
convenient for the car wing on 81
the business Ct the corporation as
herein indicated.
5 That il addition 10 the powers
and privileges Ct doing tho thifga
hereinbefore reci-e5, petitioners d.
sire and pray thai said corporation
be clothed and invested with all tie
powers and privi;s ges usual and in-
eli ent to su h corporations il gen
eral, and especially tbs following
powers and privileges:
To sue aad be sued; TO have q
use q corporate seal; to elect pres
ident, Vice President, Secretary and
Treasurer, and suoh other officers,
including Board of Directors, as
may b. deelGad expadent, and to
prescribe their powers and duties; to
make and adtp5 q constitution and
bylaws for the government a Cir
ectton Of the conduct and business
tho corporation a1d the officers there
of; to lend or borrow modoy, and to
secure the same in such manner as
may be deemed expedient; To make
or iseue notes, bonds, debautures or
other negotiable instr uments or sec
urities. aud to secure the So ma by
mortgage, pledge, trust deed or
othcr-Ni Use, and to provi to for the
payment thereof; to incraase th3
Capital Stock Of said Corporation at
any Stocs holders Meeting by two
thirds majority vote Of tbs stock
holders to any amount net exceeding
the sum of fifty Thousand $3.50 ,000)
Dollars, and in Ike manner to de-
CREASE thu said capital sto k to any
rmcuI no. less than the sum OF
Six Thousand CSC. eco 0O) Dollars; 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 Ike circumstances to let or
hire it franchises, or other property,
for the purpose Of raisilg money; to
rent We at any time by majority
vote or the stock holders any Of the
Officers of said Corporation.
6. Petitioners desire and pray thar
no shareholder shah BIO be liable TO
the Creditors If the Corporation, ex-
cept to the extent OF any unpaid
balance due on his stock subscrip'
ton.
7. Petitioners pray that they and
their associates, successors and as
signs, bo incorporated under the
name and styls, AID fo' the period
and purposes. and With thu powers
y--;l,r-s cr n i.,,s,,,yi i,u q fore