The Lee County journal. (Leesburg, Ga.) 1904-19??, 1909-04-30

/. H., Lee Co., Ga.
Georaia-Lee County.
To the Superior Court Of Said
County:
The petition of ]. G. Pruitt, 0. w.
Statham, H. r. Stovall, M. M. Mar
tin, s. ]. Yeoman, $. P. Croweil, D. ].
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 q period of twenty years, with
the privilege of renewal at the expira-
ton Of that time.
End. The, principal Office of said
company shall be in the city of Lees
burg, in said state and county, but
petitioners desire the right to estab-
.lish branch offices elsewhere in this
state, should a majority of the stock
so determine.
Ord. The object of said company
is pecuniary gain to itself and share
holders.
18th 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 ap-
planes and kindred articles, and to
sell theg same both by wholesale or
retail; to compound drugs and other
substances for medicinal uses and
purposes: according to prescriptions
of physicians and formulate of recog-
nized merit and worth; to deal in
such other articles as are usually
found in drug stores, such as, toilet
articles, tobaccos, stationery, soft
drinks, paints, cutlery, garden seed
and the like.
L 18th. The capital stock Of said cor
fporationE shalt be- $4,000, With privi-
lege of increasing same to an amount
not exceeding $4,000, by 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 a fair valuation.
9Th. Petitioners desire the right to-
sue and be sued, to plead and be i'm
pleaded, to have and use common
seab 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 busl-
ness, including the right to buy, hold
and sell real estate and personal
property suitable for the purposes OF
said corporation, and to execute notes
and bonds as evidence of indebted
ness incurred, or which may be in
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 ap-
ply for and accept amendments to it's,
charter of either form or substance
by a vote of a majority of it's stock
outstanding at the time. They also
ask the right for said corporation to
wind up it's affairs, liquidate and dis
continue its business at any time 1T
may determine to do SO by a vote
of two-thirds of its stock outstanding
at the 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
lture or permissible under the laws
of Georgia.
Wherefore, petitioners pray to be
made body corporate under the
name and style aforesaid with the
i4owers, privileges and immunities
lset forth, and as now, or may here
latter be, allowed a corporation Of
similar character under the laws Of
Georgia.
w. G. MARTIN,
Attorney for Petitioners.