The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-04-26
PETITION FOR CHARTER.

The petition of Henry p. Talmadge
of the state of New Jersey, w. E
Kay, of the state of Florida, and O
Columbia Downing, Frank D. Aiker
and Joseph W. Bennett, of Glynn coun
ty, Georgia, respectfully shows:
/. That petitioners, their associate:
and successors, desire to form ant
polite under the laws of the state o.
Georgia, for a term of twenty years
with the privilege of renewal thereaf-
ter in accordance with the law, under
the name and style of The Georgia
Coast Realty Company"
2. The chief office of said corpora
ton shall be in Glynn county, Geor-
gia, 1t said corporation shall be
authorized to establish and have such
other offices and places of business
elsewhere In the state of Georgia, and
in other states CT the United States
and in foreign countries as its bust
ness interests and convenience may
suggest or require.
3. The object and purpose Of said
corporation will be pecuniary gain and
profit to its stockholders.
A. The particular business which
said corporation proposes to carry on
and conduct is:
(a) To purchase, own, sell, lease,
rent and deal in real estate.
(b) To purchase, hold, acquire, own,
sell and deal In lands, timber timber
rights, wood a1d all other property
for utilization or bargain or sale In
its business.
(c) To sell, cwn, lease and operate
sawmills and generally to manufac-
ture, buy, sell and deal in shingles,
crossties, lumber and all timber and
wood products.
(d) To buy, construct, own, equip
and operate tram roads in connection
with it's business.
(e) To purchase, construct. own,
lease and operate turpentine stills and
buy, sell and deal in
naval stores.
% To conduct and carry on COM
or mercantile business as an
adjunct to and in connection with its
business.
(g) To engage in farming. truck
ing and general agriculture.
CHI To improve tracts of land by
into farms, to clear, drain
and prepare land for agricultural and
purposes.
ID To purchase. manufacture and
Zeal in fertilizers.
% To aid and assist in the pro-
curement Of immigrants and settlers
to take up lands and till the same,
with incidental assistance by loans of
money. advance Of supplies, construc-
ton OF improvements and in all other
respects promote the development for
agricultural purposes Of land in Glynn
county, Georgia, and in such other
sections and places where 1t misi
deem 1t advisable t. do so.
(k) To deal in personal property Of
all kinds and classes :.nd to acquire
stock in other corporations, either as
purchase. or in exchange for prop
critics owned by it.
). Said corporation shall have tho
right and authority to make and adopt
such rules and bylaws not inconsis-
tent with the laws of the state of
Georgia and the United States. as it
may from time to time deem best for
the government of It's affairs, and to
Ak and change the number Of dlrec-
tors and the numbers and character
Of offlcersgof said corporation.
6. The amount Of capital stock TO
be employed by said corporation shall
be one hundred thousand dollars di-
vided into one thousand shares OF
the par value OF one hundred dollars
each. no part Of which has yet been
paid in, but petitioners ask that said
privilege OF increasing the amount OF
its capital stock from time to time
to such sum or sums as its stock.
holders may desire by a two-thirds
vote of the then outstanding stock
provided such capital stock shall not
be increased in excess of five hundred
tbs usand dollars, all shares represent
ing such increase in the capital stool;
to be of the par value of one hundred
dollars each.
Z. Said corporation shall be author.
ICED to receive and accept real estate
timber, timber rights and leases or
any other property real or personal
or chooses in action at fair and just
value in payment for stock subscribed
s. That said corporation shall have