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

STATE OF GEORGIA-GLYNN
COUNTY.
To the Superior Court of said County:
The petition of A. G. Kraetzer. Jr.,
of the County of Kings, State OF New
YcrA. and Albert Fendig and Joseph
". 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
| BISTATE FARM LAND COMPANY,
| for the term of twenty years with the
privilege of renewal as provided by
law.
2. That the principal office of said
corporation shall be in the City of
Brunswick, Glynn county, Georgia,
with the right to establish branch Of
fees in other states CT n foreign
countries.
3. That the capital stock of said
corporation shall be five thousand dol
lars divided into fifty shares of the
par value of one hundred dollars each,
and petitioners desire the right and
power to increase the capital stock
from time to time to any amount or
amounts not exceeding five hundred
thousand dollars by majority vote
of the stock outstanding at such time
as action may be taken by the stock
holders to increase such stock, all
shares to be of the par value of one
hundred dollars each.
4. That the object of the corporation
IS pecuniaTy gain 10 it's stockholders. |
D. Tat the particular business in
which said corporation snail engage |
l. is: !!
(a) To buy, lease, sell, improve. !
own, hold and deal in real property
of all kinds.
OBJ To buy, sell, invest and deal in
stock, bonds and investment securi- !
ties generally, and as we'll other per-
sonal property in the discretion of
the company.
(c) To buy, sell, and generally deal
in, directly for it's own profit. or as
a broker or otherwise any and all
kinds of real and personal property.
(d) To improve lands, and engage
in agricultural pursuits, including
buying, raising a23 selling livestock.
(e) To engage in the naval stores
business and to operate turpentine
farms commissarics and stores.
(f) To engage in the manufacture
and sale of lumber and crossties or
other timber and wood products.
6. That sSid corQorS ton shall have
the right to receive n payment for
IS capital stock real or personal prop
erty at valuation &c be t.xed by the
corporation or in such manner as the
stockholders may direct.
z That the officers of said corpora
ion shall be a president, vice-presi-
dent,E secretary ands treasurer, and |
such other officers as may be provid |
ed for in the bylaws, and with the
right to any Of the three first named
officers to hold the office of treasurer |
8. That they desire the right for |
said corporation, acting by it's stock
holders or directors to make bylaws.
rules and regulations for the govern.
ment of the corporation. 4
8, That said corporation shall have
the right to contract and be contract
ed with, to sue and be sued, to plead
and be implicated, to have and use a
corporate seal, and to change the
same at pleasure, and generally to
have and exercise such powers, rights
and privileges as are incident to and
vested in similar corporations under
the laws of Georgia.
(Signed) Bennett, Twitty 6 Reese,
Petitioners Attorneys.
Copy of petition filed in the office
of clerk Superior Court Glynn county,
Georgia, July IA, 1911.
Bennett, TWitty & Reese,