The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1911-08-02
APPLICATION FOR CHARTER.

STATE OF GEoRGIA-GLYNN
COUNTY.
To the Superior Court of said County:
The petition of A. G. K.aetzer. Jr.,
of the County of Kings, State of New
YORK. and Albert Fendig and Joseph
W. Bennett of Glynn county, Georgia,
respectfully shows:
| l. That petitioners desire for them
selves, their associates. successors and
assigns, to be made a body corporate
and polite under the law of said
| state, under the name and style of
| HI-STATE FARM LAND COMPANY.
.or the term of twenty years with the
privilege of renewal as provided by
law.
?. That the principal office of said
corporation shall be in the City of
Brunswick. Glynn county, Georgia,
with the rigtt to establish branch of.
fees in other states or in foreign
Countries.
3. That the capital stock of said
corporation shall be five thousand dol
lars divided into fifty shares of the
ar value Of one hundred dollars each
and petitioners desire the right and
lower TO increase the capital stock
rom time to time to any amount OIL
mounts not exceeding five hundred
thousand dollars by a majority vote
Of the stock outstanding at such time
rs action may be taken by the stock
holders to increase such STOCK, al
shares to be of the par value of one
hundred dollars each.
4. That the object of the corporation
is pecuniary gain to its stockholders
,. Tfat the particular business in
which said corporation shall engage
in is;
fa) To buy, lease. sell, improve
own, hold and deal in real property
OF oil kinds.
Oh To buy, sell, invest and deal in
stock, bonds and investment securi
ties generally, and as well other per
sonal prenerty in the discretion OF
| tie company.
(c) To buy, sell, and generally deal
in, directly for its own profit, or as
broker or otherwise any and all
kinds Of real and personal property.
CD To improve lands, and engage
in agricultural pursuits, including
/ buying, raising and selling livestock.
te) To engage in the naval stores
business and to operate turpentine
farms, commissaries and stores
G) To engage in the manufacture
and sale of lumber and crossties or
other timber and wood products.
8. That said corporation shall have
tire ri~at to receive in payment for
is capital stock real or personal prop
erty at valuation to be fixed by the
I carNoration or in such manner as the
stockholders may direct
I. That the officers of said corpora-
ton shall be president, vice-presi-
dent secretary and treasurer, and
such other officers as may be provid.
Cd for in the bylaws, and with the
RIGHT to any of the three first named
ofllcers to hold the office of treasurer.
3. That they desire the right for
said corporation, acting by its stock
hoIuers OF directors to make bylaws
rules and regulations for the govern
ment of the corporation.
.. That said corporation shall have
tie right to contract and be contract
cd with, to sue and be sued. to plead
md be impleaded, to have and use a
CORPORATE seal, and to change the
same at pleasure, and generally to
ave and exercise such powers, rights
and privileges as are incident to and
7ested in similar corporations under
he laws of Georgia.
fSigned) Bennett, Twltty G. Reese,
Petitioners Attorneys.