The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1910-05-03
PETITION FOR CHARTER.


To the Superior Court of Said County:
The petition of Henry P. Talmadge,
of the state of New Jersey, w. e.
Kay, of the state of Florida, and CT
Columbia Downing, Frank D. Aiken
and Joseph w. Bennett, Of Glynn coun-
ty, Georgia, respectfully shows:
/. That petitioners, their associates
and successors, desire to form and
be created and made a BODY corporate
polite under the laws of the state of
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"
3 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.
8. The object and purpose of said
corporation will be pecuniary gain and
profit to its stockholders.
4. The particular business which
said corporation proposes to carry on
and conduct is:
(a) To purchase, own, sell, lease,
-,
CD To purchase, hold, acquire, own,
sell and deal in lands, timber, timber
rights, wood AID all other property
for utilization or bargain or sale In
its business.
(c) TO sell, own, lease and operate
sawmills and generally to manufac-
ture. buy. sell and deal in shingles,
crossties, lumber and all timber and
wood products.
cay To buy, construct, own, equip
and operate tram roads in connection
VITA its business.
(e) To purchase, construct, own,
lease and operate turpentine stills and
manufacture, buy, sell and deal in
naval stores.
% TO conduct and carry on Il com
missary or mercantile business as an
adjunct to and in connection with its
business.
(g) TO engage in farming, truck
ing and general agriculture.
Ch) To improve tracts OF land by
subdivision into farms, to clear, drain
and prepare land for agricultural and
trucking purposes.
ID To purchase, manufacture and
Zeal in fertilizers.
I'D TO aid and assist in the Pro-
cWement of immigrants and settlers
to take up lands and till the same
VITA incidental assistance by loans of
money, advance of supplies, construc
ton of improvements and in all other
respects promote the development fl
agricultural purposes of land in Glynn
county, Georgia, and in such other
sections and places where it mig!
! deem it advisable t. do SO.
(l) TO deal in personal property OF
| all kinds and classes ;,nd to acquire
stock in other corporations, either as
a purcf ase, or in exchange for prop
| critics owned by it.
5. Said corporation shall have the
right and authority to make and adop
such rules and bylaws not inconsis.
tent with the laws of the state O
Georgia and the United States, as 1
may from time to time deem best fCI
| the government of its affairs, and t
fix and change the number of direc
tors and the numbers and characte
of officers Of said corporation.
s. The amount of capital stock t
he employed by said corporation shall
be one hundred thousand dollars di
vided into one thousand shares o
the par value of one hundred dollar
each, no part of which has yet beef
paid in, but petitioners ask that SAT-
corporation shall have the right an
privilege of increasing the amount o
its capital stock from time to tim
to such sum or sums as its stock
holders may desire by a two-third
vote of the then outstanding stocI
provided such capital stock shall no
be increased in excess of Eve hundret
thousand dollars, all shares represent
ing such increase in the capital stoc'
to be of the par value of one hundre
dollars each.
7. Said corporation shall be author
! lied to receive and accent real estate
timber, timber rights and leases o
any other property real or persona
or chooses in action at fair and jus
value in payment for stock subscribed
l s. That said corporation shall hav,