Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1911-06-17
APPLICATION FOR CHARTER.
GEoRGTA-sumter County.

GEORGIA-Sumter County.
To the Superior Court of said
County:
The petition of H. c. Bass and R.
l.. Reid of Sumter County, Ga, re-
specially show to the Court:
l. They desire for themselves, their
associates, successors and assigns to
be made a body corporate under the
name of "Leslie-De Soto Telephone
Company for a period of Twenty
Years, with the privilege of renewal at
the expiration of that time, if desired.
. The principal office and place of
business is to be Leslie, Sumter Coun-
ty, Ga, but your petitioners desire the
right to establish branch Offices within
this state, or elsewhere as may be
deemed proper in the extension of this
business.
3. The amount of Capital Stock TO
be employed by said corporation is
Two Thousand Dollars, which sum has
been actually paid in; with the privil
ege of increasing said capital stock
from time to time to an amount not 10
exceed the sum of Eight thousand dol
lars, by a vote of a majority of the
stock outstanding at the time. That
the stock shall be divided into shares
of $4,000 each; and petitioners desire
the right to have subscriptions to cap
ital stock paid in money or property to
be taken at a fair valuation, which
privilege is to be determined by a
vote of a majority of stock in eXis-
tence at the time
Tho nhiaot Of coid COrnNratiOy, 20
pecuniary gain to itself and its
shareholders
). The business to be carried on by
said corporation is a general Tele-
phone business, to build, equip,
maintain and construct telez
phone lines, exchanges, buy,
sell, rent telephones, to charge
tolls on said telephone lines and to
collect rents from its subscribers for
he use of telephones and its telephone
lines,-and to establish exchanges at
such points as said corporation may
deem necessary and to do any and all
other things that may be necessary
in carrying OH are usual
and incident to the business of
a general telephone business,-said
telephone lines, and exchanges, to be
built, constructed and maintained n
the counties of Sumter and Lee, State
of Ga, and such other territory as
said corporation may determine.
6. Petitioners desire the right TO
sue and be sued; plead and be i'm
Pleaded; to have and use a common
seal; to make all necessary bylaws
and regulations not inconsistent wifi
their charter and the laws of the
state of Georgia, and to do all thing!
that may be necessary for the success
fal carrying on of said telephone bus
mess; including the right to buy, hol(
and sell real estate and persona
property suitable for the purposes o
the corporation to execute notes
bonds, as evidences of indebtedness
incurred, or which may be incurred il
tie conduct of the affairs of the cor
FORA ion, and to secure the same b,
mortgage, security deed, or other form
Of lien under existing laws, or othe
laws that may be enacted during tn
life of this corporation.
Z No share holder shall be liabl
to the creditors of the corporation ex
cepr to the extent on an unpaid bal
ance due on his stock subscription
nor then if he has paid debts of tn
corporation equal to his unpaid sub
cription.
g. Petitioners desire for said cor
poTation the power and authority t
apply for and accept amendments {
its Charter of either form or sub
stance, by majority of stock out
standing at the time And for author
ity to wind up its affairs, liquidat
and discontinue it's business at an.
time it may determine to do So
Wherefore petitioners prays to b.
incorporated under the name ant
style as above set out, with the pow
ers, privileges and immunities hereir
set forth, and as are now, or may
hereafter be allowed a corporation Of
Ike character, under the laws OF
georgia. j. 3. HUDSON,
Petitioners Attorney