The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1909-12-08
PETITION FOR CHARTER.
Georgia.-GIynn County.

r. Dunwodyl William Nussbaum, and
Newton 5. Walker, Of Glynn county,
Georgia, and n. B. King, Of Charlton
! county, Georgia, respectfully shows:
| l. That they desire for themselves
their associates and successors, to
| be incorporated and made body poll
/ itic under the name and style of EST.
GEORGE LAND COMPANY for -
| period of twenty years.
2 The principal Office of said com~N
pany shall be in the city of Brunswick,
state and county aforesaid, but petit
| TONERS desire the right to stabIish
branch offices within this state or
! elsewhere whenever the holders of
majority of the stock may so deter
mine.
3. The object of said corporation is
| pecuniary gain to itself and it's 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 at pleasure; with
the right to engage in the manufac-
ture and sale of naval stores and in
the manufacture and sale of crossties,
and own and operate manufacturing
! plants, mills and dry kilns in the man.
ufacture of lumber and other products
manufactured from wood; to build and
operate tram roads and own and oper-
ate stores and commissaries in con-
nection with the manufacture of naval
stores, and or crossties and or plants
Or mills for the manufacture of lum-
Der or other products from wood; to
own and oper tie boats, flats, lighters,
| vessels, ships, propelled by steam or
other motive power, or by any other
means in the conduct Of the business
of the company; with the right also
to subscribe to and acquire stock and
bonds of other corporations not con-
trary to law and to receive stocks and
| bonds of other corporations in the
sale of any assets of said corporation
not contrary to law; to acquire any
and all of said property for cash or
on credit, and make and execute mort
cages, deeds to secure debt or other
hens in the acquisition thereof, and
dispose of same for cash or on credit,
and make conveyances, and receive
mortgages, deeds to secure debt or
other instruments in writing, or other
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 bonds and Sc
cure same by mortgage, or other in
strument in writing on the property
of said corporation, but this right to
issue bonds must first be approved by
majority of stock outstanding at
any annual or called meeting of the
stockholders.
3. The capital stock of said corpor-
alton shall be forty thousand ($40,0001
dollars, with the privilege of increas-
ing the same to the sum Of one hun
bred thousand ($100.000.00) dollars
by a majority vote of the stockhold-
ers. Said stock to be divided into
shares of one hundred (S100.00) dol
lars each. Ten C10) per cent. of the
amount of capital to be employed by
them has been actually paid in. Peti-
TONERS desire the right to have the
subscriptions to said capital stock
paid in money or property to be taken
at fair valuation.
6. Petitioners desire the right to
sue and be sued, to plead and be i'm
II Ill
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 bust
ness.
Z. They desire for said incorpora-
ton the power and authority to ap-
ply for and accept amendments to it's
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 it
may determine to do so by a vote of
two-thirds (23) of it's stock outstand-
ing at the time.
O. hCy uColIS lOI LuS Sdlu
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-
tiles as are incident to like incorpor-
ations or permissible under the laws
of Georgia
WHEREFORE, petitioners pray to
be incorporated under the name and
style aforesaid, with the powers privi-
leges and immunities herein set fortlA.
and as are now or may hereafter
allowed a corporation of similar en-
acter under the laws of Georgia.
And petitioners will ever pray.
Attorney for Petitioners.
n. F. Dunwody,
Filed in Office this 18th day of No
vember, 1909 II. F. du Bignon,
Clerk Superior Court. Glynn County,