The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1911-11-24
Application for Charter.
GEORGIA-Cobb County.

d.
The petition of E. N. Brown, of the
City of Mexico, Mexico, and N. w. L.
Brown and Marian j. Brown of said
county of Cobb shows to the court as
follows:
1. They desire, for themselves,
their associates, successors and as
signs. to be incorporated for the term
OF twenty years, with the privilege of
renewal at the expiration of that
time, as provided by law, under the
name and style of THE NOFOLD
PRESS AND MACHINE COMPANY.
2. The object Of said corporation is
pecuniary gain for its stockholders.
3. The particular business in which
said corporation will engage is the
buying, selling, manufacturing and
otherwise dealing in oil mill and cot
ton gin machinery, and machinery in
general for itself and others and the
doing of all matters and things in
cidental thereto.
4. Petitioners desire that said cor
poration shall have the right to buy,
sell, develop, work and otherwise deal
in letters patent, granted in the
United States, and any and all for
eign countries upon said oil mill and
cotton gin machinery, and machinery
in general for itself and others and
to engage in any kind of business and
to make and enter into all kinds of
contracts, which may contribute or be
incidental to the profitable conduct
OF the business of said corporation
5. Petitioners desire that said cor
poration shall have the right to sue
and be sued, to have and use COM
mon seal, to borrow and lend money,
to secure its borrowings by mortgage,
deed of trust, the issuance of bonds,
or otherwise, and that said corpora
ton shall have all such other powers
as are conferred by law upon organ
izations of like character
6. The principal office, or place of
business of said corporation will be
near the city of Marietta, in Cobb
county, George, Tut petitioners de-
sire that it shall have the right to
establish branch offices at other places
in Georgia, in any and all other states
of the United States. and in any and
all foreign countries
Z. The capital stock of said cor
poration will be 100000 but petit
haf ho1 ho
privilege of increasing the same at
any time upon a vote of the holders
of majority of the stock outstanding,
to any amount, not exceeding $780,
10000. Petitioners desire that it shall
have the privilege at any time, by like
vote of reducing and retiring it's cap
ital stock to any amount not below
100000. Petitioners desire that it
shall have the right to commence bus
mess when ten per cent of said cap
ital stock shall have been paid in in
cash, or property, real or personal,
for the uses of the corpora
ton, taken at it's fair and reasonable
value, or in part cash and part prop
erty, as aforesaid. All stock shall
have a par value of one hundred dol
lars per share.
s. Petitioners desire the right to
issue either common or preferred
stock or both, and to fix the relative
standing and rights of the two kinds
of stock, should both be issued Should
preferred stock be issued, it's stand
ing, participation in dividends, and
the terms or conditions upon which
it is issued and may be retired, shall
be determined at the time of its is
suance, and these shall not be there
after changed without the consent OF
all the preferred stockholders and a
majority of the common stockholders.
Stock may be paid for in property
suitable for the uses of the corpora
ton, taken at its fair and reasonable
value.
Petitioners desire for said corpora
ton the powder and authority to apply
for and accept amendments to its
charter of either form or substance by
a vote of a majority of its stock Ou,,
standing at the time, and that it have
all such other rights, powers and
privileges and immunities as are in
cident to Ilike corporations or permits
sible under the laws of Georgia.
10. Petitioners desire that'said corpora
zion shall have the right to sell all its
property, retire all it's stock, liquidate
or go out of business, upon the vote
of three-fourths of all it's capital
stock outstanding, each share, wheth-
er common or preferred, being enti-
lied to one vote on this question.
Wherefore petitioners pray that
they may be incorporated as afore-
said.
]. z. FOSTER,
Attorney for Petitioners.
Filed in Office, this October 25, 1911.
J. NJ. AUSTIN,
Clerk Superior Court, Cobb County,
Georgia
Georgia. County.
I, J. Nj. Austin, clerk of the SUI
Derior court of said county. do hereby