Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1910-02-01
APPLICATION FOR CHARTER.
GEORGIA-Sumter County.
To the Superior Court of Said

The petition of G. H. Waddell, W..
l.. English and w. W. Dykes, of said
State and County, respectfully shows;
l. That they desire for themselves.
their associates and successors to be
incorporated and made a body polite
under the name and style of the
SOUTHERN LAND COMPANY for a
period Of twenty years, with the privil-
eye of renewal at the expiration OF
that time if desired.
2. The principal office of said Com
pany shall be in the City of Americas
said State and County; but petitioners
desire the right to establish branch
o. ywhere in said State when
holders of a majority Of the
sc01R may so determine.
3. The object of said corporation is
to be pecuniary profit and gain to it.
self and it's stockholders.
4. The business to be carried on by
said corporation is a general real es-
tate and land business, and the handl-
ing of any kind of personal property
and real estate on a commission basis,
as we'll as owning the same.
5. That the capital stock of said
corporation shall be Ten Thousand
Dollars, with the privilege of increas-
ing the same from time to time, to the
sum of Fifty Thousand Dollars, as
may be determined by a majority Of
the stockholders of said corporation.
Said stock is to be divided into shares
of One Hundred Dollars each; that ten
per cent. of the amount of said capital
stock to be employed by them has been
actually paid in; and that all of said
stock has been subscribed.
6. That the individual liability of
the stockholders of said corporation
shall not exceed the amount of their
unpaid capital stock for which they
have subscribed.
Z. They desire the right and power
to buy and own all kinds of real estate
and personal property, and to sell such
real estate and personal property at a
profit, which real estate shall include
farm property, timber, mineral, and all
other kinds Of lands and real estate,
including city property; TO
own, rent, lease, lease out,
lease from and suitcase, as
they may desire from time to time, any
Of such real estate; to have the right
to sell all kinds of real estate, stocks,
bonds, notes, mortgages, and all kinds
of negotiable papers, on commissions
for other parties to buy and sell all
such paper in their own name for profit
if they desire; to buy, own, and sell
and handle, for commissions all other
kinds of personal property; to have
the power to repair and improve any
kind of real estate handled by them on
commission, or any real estate owned
by them; and to have the right to CON
tract for liens of all kinds for such re-
pairs and improvements on any kind
of real estate held by them under OPP
ton, or otherwise; to borrow money
and execute mortgages, deeds and
other kinds of liens to secure debt and
borrowed money on all kinds of real
estate above mentioned, and all kinds
OF personal property; to have the right
to issue and sell stock and bonds of
said corporation whenever a majority
of the stockholders may SO determine;
to assume any kind of obligations in
the way of accounts; to execute notes
and other evidences of debt under such
rules and regulations as may be adopt
ed by the stockholders of said Com
pany; 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
the corporation; to sue and be sued
and to have and use a common seal
8. They desire for said corporation
the power and authority to apply for
and accept amendments to it's charter
of either form or substance, by a vote
of majority of it's stock outstanding
at the time. They also ask authority
for said corporation to wind up it's af-
fairs, liquidate and discontinue its bus
mess at any time it may determine to
do so by a vote of two thirds of its
stock outstanding at the time.
8. They desire such other rights
powers, privileges and immunities as
are incident to like corporations, or
permissible under the laws of Georgia
Wherefore, petitioners pray to be
incorporated under the name and style
aforesaid, with the powers, privileges
and immunities herein set forth and
as are now, or may hereafter be allow
ed a corporation of similar character
under the laws of Georgia.
w. w. DYKES,
Petitioners ATTORNEY.
Filled in office January 10, 1910.
H. E. ALLEN, elk. S. c. S. Co, Ga.
GEORGIA--Sumter County.
l, H. E. Allen, Clerk of the Superior
Court of said County, do hereby GER
tlty that the foregoing is a true and
correct copy of the application for
charter OF the Southern Land Com
pany," as the same appears on file in
this Office
Witness my official signature and the
seal OF said court, this 10th day Of
January, 1910. Jan 13-4t
H. e. ALLEN, elk S. C. S. Co., Ga.