The Lee County journal. (Leesburg, Ga.) 1904-19??, 1909-10-15
APPLTG ALTON FOR
CHARTER.
To the Superior ,Comrt of Lee Go,

GEORGIA, Lee County.
The petition OF [. Cook. G.. A. Neshitt.
E. B. lee, ACT. and E. r. Long, of said
state and county aforesaid respectfully
shows:
that they desire for themselves, their
associates and successors, to be incorpora-
name and style Of THE LEE COUNTY
NAVAL STORES COMPANY for the
period of tweatv years.
The princiI al Office of said company
shall lie the Civ Of Leesburg. state and
county aforesaid but said petitioners de-,
sire the righ, 70 establish branch Offices in
this state and elsewhere, whenever the
holders of majority Of the stock may so
determine.
/ The object Of said corporation is Pc
cuHiarvg into itself and shareholders.
The business to he carried on nv said
corp ration is the manufacture of spirits OF
turpemtine and r0sin and all other naval
stores products: the buying and selling
Of real estate; the leasing Of real estate:
The leasing of pine timber fer the purpose
Of manufacturing spirits Of turpentine and
rosin and all other naval stores products:
the bnving n saw mills and the leasing OF
saw mills for the manufacture of pine lum-
her and the lmying. leasing and selling Of
all other materials necessary and incident
TO the manufacture Of spirits Of trupenfine
rosin and all other naval stores products
and pine lumber.
The capital stock Of said corporation
shall be f25ooo, 90 with the privilege Of in
creasing anne to the sum Of $4,000, 90
by majority vote Of the stockholders, said
stock to be divided into shares of $Ioo. 90
each. Ten per cent Of the amount f the
capital 10 be employed by them has been
actually paid in.
s petitioners desire the right to have the
subscriptions TO said capital stock paid in
money ofproperty, to be taken at fair val
uation.
2 Petitioners desire the right to sue and
be sued. to plead and be implicated, to have
ami Use common seal, to make all neees-
sary bylaws and regulations anil TO do all
other things necessary for The carving on
of said buSine' including the right 10 buy
and hold and sell real estate and sell real
estate and personal properly suitable for
the purposes of the Incorporation and to
execute notes and bonds as evidence OF in
kdebtednesS incurred
8 Ttey desire f.rthe said corporation the
power and authority to apply for and ac-
cept amendments to its charter of either
form or Substance BY vote Of a majority
of Its stock outstanding at the time. They
also ask authority for said incorporation to
wind up Its affairs, liquidate and disc Min
ne its business 1t any time it may deter
mine to do 20 by vote of two-lhirls OF its
stock outstanding at the time.
9 They desire for said incorporation the
right Of renewal when and as provided ly
the laws If Georgia, and that II have ali
such othe. tights, powers, privileges and
immunities as are incidentlo like III, orpore
atoms or permissible under the laws Of
Georgia.
Wherefore petitioners pray to be Moor
porated under the name ana style aforesaid
with the powers, privileges aud immunities
herein set forth, and as are now, or may
hereafter be allowed acorporation of similar
character under the laws or Georgia.
LONG & SON Petitioners Atty's