Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1911-04-18
APPLICATION FOR CHARTER.

GEORT1A, sumter county.
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
&c the court:
That they desire for themselves,
TIER associates and successors, to be
Incorporated and made a 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
II.
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
they desire the right to buy and sell
lands and all kinds of real estate for a
profit 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 profit, or to han
die same on a commission.
V.
The Capital Stock of said corpora
ton shall be Two Hundred and Fifty
Thousand ($250,00O.0O) Dollars, with
the privilege of increasing the same 10
the sum of Five Hundred Thousand
$500, 100000 Dollars, by a majority
vote of the stockholders; said stock
to be divided into shares of One Hun
dred ($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 fair val
uatiOn, which privilege is to be deter
mined by a 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; coI
make all necessary bylaws and regl-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 the
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, or
which may be incurred in the conduct |
of the affairs of the corporation, and
to secure the same by mortgage, Sc
curity deed, or other form of lien I'M
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 any
kind of negotiable paper rendered them
at a discount; to have the right to con-
duct a mercantile business, saw mill
and turpentine business, and to carry
on any other kind of business not
herein specifically stated, in as full
and complete a 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 of
this company, or meeting of the
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
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.
@t 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 it's stock outstanding at the time.
Also ask authority for said corporation
discontinue its business at any time it
may determine to do so, as may be ;
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
corporation of similar character,
under the laws of Georgia.
w. w. DYKES,
Petitioners AttOrney
Filed in office, this 10Th day of
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 office
Witness my official signature ana
seal of said Court, this goth day OF
March, 1911 5Ist-I
H. E. ALLEN, elk S. C. S. G. Ca
For Leave TO Sell Land.