The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1909-12-02
PETITION FOB CHATTER.
oeoreia.-elynn County.

oeoreia.-clynn County.
The petition OF Albert Fendig. H |
r Dunwody. William Nussbaum, and /
Newton S. Walker, Of Glynn county |
Georgia. and " B. King. CT Charlton /
county, Georgia, respectfully shows:
l. That they desire for themselves,
their associates and successors. to
&c Incorporated and made a body pol
itic under the name and style of ST |
GEORGE LAND COMPANY for 4 |
period of twenty years.
,. The principal office of said com
pany shall be in the city of Brunswick |
state and county aforesaid, but petit.
TONERS desire the right TO stablish |
branch Offices within this state or
elsewhere whenever the holders of y /
majority of the stock may so deter
mine.
s. The object of said corporation is
pecuniary gain to itself and its share
holders
4 The business to be carried on by
said corporation is the acquisition of
all kinds of real and personal proper
ty in this state. or any other state or
elsewhere in conformity with the laws
thereof. and to hold. use, enjoy and
dispose Of the same ut pleasure; with
the right 10 engage in the manufac
ture and sale Of naval stores and in
The manufacture ana sale of crossties,
o"d own and operate manufacturing
rlanls, MINIS and dry lilns in the man
ufacture Of lumber and other products
manufactured from wocd TO build and
operate tram roads and own and oper-
ate stores and cc.nmissaries in con-
nac'ion with the manufacture Of naval
stores and or crossies and or plants
or mills fer the manufacture of lum
ber Ct other products from wood; 10
own and ope 'e boats. flats lighters
vessels. ships, prorellcd by steam or
other motive power, or by amy other
means in tire conduct of the business
Of tle company: with the right also
to subscribe 10 and acquire stock and
bends of ether corporations not con
'',- r. low n"d to receive stocks and
bends OF other corporations in the
sale of any assets of said CORPORATION
not contrary to law; to acquire any
ard all Ct said property for cash or
on credit. and make and execute mort
ea"es deeds to secure debt or other
liens in the acquisition thereof, and
dispose of same for cash or on credit,
aud make conveyances, and receive
mortgages, deeds to secure debt or
NfaDr in of Cthnp
pledge, as security therefor; with the
right to borrow money, and secure
same by mortgage, deed to secure
debt, or other instrument in writing
upon the property of said corporation;
With the right to issue bends and SCI
I cure same by mortgage, or other in
strument in writing on the property
/, CT said corporation but this right to
issue bonds must first be approved by
q majority of stock outstanding at
any annual or called meeting Ct the
stockholders.
I g. The capital stock Of said corpor-
atiou shall be forty thousand ($40,000)
dollars, with the privilege Of increas-
+ ING the Same to the sum Of one hun
! dred thousand $500 100000 dollars
i By a majority vote of-the stockaod
era Said stock to be divided into
shares of one hun@"ed 100000 dol
/ lars each Ten Cf0) per cent. Of the
amount Of capital to be employed by
item has been actually paid in Peti-
I tioners desire the right to have The
Prescriptions to said capital stock
! raid in money or property to be taken
81 d fair valuation
! G. Petitioners desire the right to
sue and be sued, to plead and be i'm
pleaded to have and use a common
seal, to make all necessary bylaws
and regulations, and to do all other
! things that may be necessary for the
successful carrying on of said busi-
ness.
T. They desire for said incorpora-
! ton the power and authority to APP
tply 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 authority for said Incorporation to
wind up its affairs, liquidate and dis
continue its business at any time II
may determine to do so by vote of
two-thirds (23) of its stock outstand-
| ing at the time
8. They desire for the said incor
poration the right of renewal when
and as provided by the laws of Geor-
gia, and that it have all such other
rights. powers, privileges and immun-
titles as are incident to like incorpor-