The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1911-08-09
LEGAL Advertisements
APPLICATION FOR CHARTER.

STATE or 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
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
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 or in 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 a 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 pecuniary gain to its stockholders. |
.. That the particular business in
which said corporation sail engage
il is:
(a) To buy, lease, sell, improve.
own, hold and deal in real property
of all kinds.
CD To buy, sell, invest and deal in
stock, bonds and investment securi-
ties generally, and as we'll other per-
sonal properly in the discretion of |
the company.
Co To buy, sell. and generally deal
in, directly FOR it's own profit, or as
kinds of real and personal property.
CD To improve lands, and engage
in agricultural pursuits, including
buying, raising and selling livestock.
(e) To engage in the naval stores
business and to operate turpentine
farms, commissarifs and stores.
f) To engage in the manufacture
and sale OF lumber and crossties or
other timber and wood products.
6. That said cNrnCr3tion shall have
the right to receire in payment for
its capital stock real or personal prop
crty at valuation tn ho eyed by the
corporation or in sdeh manner as the
stHcl holders may diroo-
{. That Tire officers ct said corpora
ton shall be a president, vice-presi.
dent secretary and 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 its stock
holders or directors to make bylaws.
rules and regulations for the govern
ment of the corporation.
9. That said corporation shall have
the right to contract and be contract
cd with, to sue and be sued, to plead
and be implicated, to have and use
corporate seal, and to change the
same at pleasure, and generally to
have and exercise such powers, ri hts
and PRIVILEGES as are incident to ard
vested in similar corporations u.29r
the laws of Georgia.
(Signed) Bennett, Twitty G Reese,
Petitioners Attorneys
Copy of petition filed in the office
of clerk Superior Court Glynn county,
Georgia, July IA, 1911.
Bennett, Twitty & Reese,