Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1911-04-20
APPLICATION FOR CHARTER.
GEORGIA. sumter County.

tTEOEl0l%As OuLIlGI AOuAly
To the Superior Court of Said
County:
The petition Of W. S. Ivey, of Sum-
ter county, Ga; Dr.. Wade Stackhouse,
T. B. Stackhouse. H. w. Malloy, D. c.
Roper and L. A. Manning, of the State
of South Carolina, respectfully shows
tc the court:
l.
That they desire for themselves,
their associates and successors, to be
incorporated and made body polite
under the name and style of the
"Stackhouse Land Company" for the
period of twenty years, with the priv
ilege of renewal at the expiration Of
hat time. if desired.
H.
The principal office of said company
shall be at Flint Side, in the county
and state aforesaid; but petitioners de-
sire the right to establish branch
Offices within this state or elsewhere
whenever the holders of a majority OF
the stock may so determine.
III.
The object of said corporation is Pc
cuniary gain to itself and its share
holders.
The business to be carried on by said
corporation is a general farming and
agricultural business principally, and
thew desire the right to buy and sell
lands and all kinds of real estate for
nroft and on commission basis; to
handle live stock, fertilizers, farming
implements, and all other kinds of
personal property used in connection
of the operation of farms; to establish
fertilizer factories, ginneries, cotton
seed oil mills; to buy and sell cotton
and cotton seed on a profit, or to han
die same on a commission.
V.
The Capital Stock of said corpora
ton shall be Two Hundred and Fifty
Thousand ($250,000.00) Dollars, with
the privilege of increasing the same TO
the sum of Five Hundred Thousand
(S500,00000) Dollars, by a majority
vote of the stockholders; said stock
to be divided into shares of One Hun
bred ($100.00) Dollars each. That
80 1-3 per cent of the amount of Cap
ital Stock to be handled by them has
been actually paid in, and petitioners
desire the right to have the subscrip-
ton to said capital stock paid in money
or property to be taken at a fair val
uation, which privilege is to be deter
mined by vote of majority of the
stock.
VI.
Petitioners desire the right to sue
and be sued; to plead and be implead
ed; to have and use a common seal; tOI
make all necessary bylaws and regu-I
lations not to conflict with their char
ter and the laws of the State of Geor-
gia, and to do all other things that may
be necessary for the successful carry
ing on of said business; including theI
right to buy, hold and sell real estate,
and personal property, suitable for the
purposes of the corporation, as before
stated; to execute notes, bonds, as evil
dence of Indebtedness incurred, orr
which may be incurred in the conduct
of the affairs of the corporation, and
to secure the same by mortgage, se-I
curity deed, or other form of lien uni
der existing laws, or other laws that
might be enacted during the life of this
corporation; to buy and sell any kind
of negotiable paper, and to use anyI
kind of negotiable paper rendered them
at discount; to have the right to conf
duct a mercantile business, saw mill
and turpentine business, and to carey
on any other kind of business mott
herein specifically stated, in as full
and complete manner as if the same
was specifically stated, as are usually,
granted to other like corporations,
VII.
They desire the right and privilege
of holding stockholders meetings oil
this company, or a meeting OF theI
Board of Directors of this company
anywhere in the State of Georgia, or
any other State, which said meeting
may be called by the President of the
company, or a majority OF the STOCK
holders, to be determined by their by-I
laws; to form such rules and regula-
tons, and the transaction of such bus
mess as may be necessary for the sue
cessful operation and carrying on OF!
the business of this corporation.
r. VIII
They desire for said corporation the
power and authority to apply for and
accept amendments to its charter OF
either form of substance, by a maJo"-
ity of its stock outstanding at the time
Also ask authority for said corporation
to wind up its affairs, liquidate and
discontinue its business at any time vi
may determine to do so, as may pei
provided by its bylaws, as by statue
in such cases made and provided.
Wherefore petitioners pray to be in
corporated under the name and style
aforesaid, with the powers, privileges
and immunities herein set forth, and as
are now. or may hereafter be allowed
a corporation of similar character,
under the laws of Georgia.
W. W. DYKES,
Petitioners Attorney.
Filed in Office, this 29th day oil
March, 1911. H, E, ALLEN, Clerk
GEORGIA-Sumter County.
I, H. E. Allen, Clerk of the Superior
Court of said County, do hereby certify
that the foregoing is a true and correct
copy of the application for charter OF
the Stackhouse Land Company. as the
same appears on file in this oothce. >,
Witness my official signature ana
seal of said Court, this 18th day OF
lrorch 1o11 31st-4t
H. E. ALLEN, elk S. c. S. C. Ga.