The Lee County journal. (Leesburg, Ga.) 1904-19??, 1909-04-23

Georeia-Lee County.
To the Superior Court Of Said
County:
The petition Of ]. G. Pruitt, O. w.
Statham, H. r. Stovall, NJ. M. Mari
tin, s. J.. Yeoman, s. P. CrowelI, d. j.
Minis and g. S. Pryor, all Of Lee
county, Georgia, respectfully shows
list. That they desire for them-
selves, their associates and success
ors. to be Incorporated and made
body polite under the name and
style of "The City Drug Company
for period of twenty years, with
the privilege Of renewal at the expira-
ton of that time.
2nd. The principal Office of said
company shall be in the city of Lees
burg, in said state and county, bwt
petitioners desire the right to estab-
Iish branch Offices elsewhere in this
state, should majority Of the stock
so determine.
Bird. The object of said company
is pecuniary gain to itself and share
holders.
4th. The business to be carried ON
by said company is a general drug
and pharmaceutical business; to deal
in all kinds of drugs, medicinal sub
stances, surgical instruments and APP
pliances and kindred articles, and To
fh0 both hxr JnhnIncnlnh.
retail; to compound drugs and other
substances for medicinal uses and
purposes; according to prescriptions
of physicians and formulae of reeOE-
nized merit and worth; to deal IN
such other articles as are usually
found in drug stores, such as toilet
articles, tobaccos, stationery. sOfE
drinks, paints, cutlery, garden seed
and the like.
9Th. The capital stock AT said cor
poration shall be $4,000, with priv
lege of increasing same to an amount
not exceeding $4,000, by a majority
vote of the stockholders, said stock
to be divided into shares of 500
each. Ten per cent of the amount Of
capital to be employed by them has
been paid in Petitioners desire the
right to have the subscription to said
stock paid in money or property to
be taken at fair valuation.
9Th. Petitioners desire the right to
sue and be sued, to plead and be inn
pleaded, to have and use common
seal, to make all necessary bylaws
and regulations, to employ servants
clerks and agents, one of whom shall
be an expert in drugs, and to do all
other acts as may be necessary In
successful carrying on of said bus1-
ness, including the right to buy, hold
and sell real estate and personal
property suitable for the purposes or
said corporation, and to execute notes
and bonds as evidence of inde6ted-
ness incurred, or which may be i'm
CURED, in the conduct of the affairs
of said business, and to secure the
same in such manner as may be law
full
18th. They desire for said corpora
ton the power and authority to APP
ply for and accept amendments to its
charter of either form or substance
by vote of a, majority of its stock
outstanding at the time. They also
ask the right for said corporation to
wind up its affairs, liQuidate and dis
continue it's business at any time il
may determine to do so by vote
'of two-thirds of its stock outstanding
tat1the time.
Sth They desire that said corpora
ton have all such other rights, pow
iers, privileges and immunities as are
incident to corporations of like ma
Iture OF permissible under the laws
'of Georgia.
Wherefore, petitioners pray to be
made a body corporate under the
name and style aforesaid with the
iiaowers, privileges and immuDities
set forth, and as now, or may here
latter be, allowed corporation Of
similar character under the laws Of
Georgia.
w. G. MARTIN,
Attorney for Petitioners.