The Brunswick news., 1909-08-04
PETITION FOR CHARTER.
Georgia, eIynn county.-To the su-
perio, Cou.t Of Said County.

Georgia, cIynn county.-To the su-
perio, Court of said County.
The petition of James s. Wright.
Columbia Downing, Geo w. Wright,
Charlton Wright and A. j. Crovatt
OF said county, respectively shows:
First-That they desire to be in
corporated under the name and scyle
of j. s. Wright company, said CO.
poTation to be for term OF twenty
yeais, and said company to have its
principal office and place of busincGs
at Brunswick in said state and couu-
ty, with the privilege Of establishing
such branch Offices and agencies else
wnere as it may deem desirable
/ S@cond-The business to be con
Quoted by said company, and for
which your petitioners pray fun al
thority, is to act as agents for hise
for any and all classes of insurance
companies, Including guaranty, fdel-
ity ard casualty, and as such agents
] to do and perform for and in behari
Of party employing it any and all law
! ful acts in connection with and ID
| pursuance of the business of either
of the said insurance companies; to
purchase, sell and lease real or per-
sonal property; to loan money and
to take security by mortgage or
deed or collateral to secure the pay
/ ment Of such loans; to buy sell hold
and own stocks, bonds or other Sc
curities Of individuals, companies or
corporations and chooses in action and
personal property of any kind or
character.
Third-That said company may
have pewer and authority 10 contract
and to be contracted with and to ac-
i quire, purchase and hold either for
Itself or as security for any indebt-
edness due to it, or other obligation
lands, tenements, goods. wares, mer-
chandise. stocks or personal property
Of any kind or character and may
! lease, sell, mortgage Of cucumber any
and all such assets as it may ac-
quire, at its pleasure. whenever ii is
deemed advisable in The conduct Of
the business Of the corporation.
! Fourth The capital stock Of said
I corporation shall be The sum OF
twenty five thousand dollars ($25.
100000 Of which not less than ten per
centum Of the entire amount shall be
paid IN TO said corporation before It
shall commence business under the
charter that may be granted to IT,.
which said capital stock shall be di-
vided into shares, each share being
Of the par value Of one hundred dol
lars CslGoOO
Fifth. That the business of said
corporation SHAH be conducted by a
4, president and a board of directors Of
whom the president shall be one, con-
sisting Of not less than five, nor more
than seven members elected by. the
stockholders OF said corporation from
among their number, of which board
three members shall constitute a
quorum for the transaction of any
business that may lawfully be trans
acted by said board and by such other
officers and agents as may be from
time to time appointed by the presi-
dent and such board of directors
Said president, board OF directors and
each of them shall be chosen by the
stockholders of said company at such
time and place 'and in such manner
as may be fixed by said stockholders
in meeting assembled, and all other
officers, agents and employees of said
company shall be chosen by the said
president and board of directors and
4 shall serve for such time and upon
such terms and for such compensation
as shall be designated hy said presi-
dent and board of directors.
Sixth.--W Wherefore your petitioners
pray that they and their associates
may be incorporated and chartered
as aforesaid under the said corporate
name for the term aforesaid. with
the privilege of renewing said char
ter AT the expiration Of the term. and
with all such powers. rights and
privileges conferred upon said ccm-
pany as are usual and incident to
such corporations and necessary to
the conduct of the business to be
done by it and as may be hereafter
authorized by law TO such corpora
tions.
crovatt 6 Whitfield,
Petitioners Attorneys.