The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1911-08-05
APPLICATION FOR CHARTER.
GEORGIA.-GLYNN
STATE OF GE
COUNTY

COUNTY.
To the Superior c. Jrt 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:
/. That petitioners desire for them
selves, their associates, successors and
assigns, to he made body corporate
and polite under the lava Of said
state, under the name and style OF
BI-STATE FARM LAND COMPANY,
for the term Of twenty years with the
privilege Of renewal as provided By
law.
2. That the pr''nei~a' office of said
corporation s1~}l h, n the City OF
Brunswick, Glynn county, Georgia,
with the right to eaasblieN 'Eanch Of
fees in other states or in foF&gn
countries.
8, That the capitss stock CT s&aG
corporation shall be five thousand. dol
liars divided into fifty shares OF tho
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 OF
amounts not exceeding five hundred
thousand dollars byeA majority vote
Of the stock outstanding at such tina
SIS action may be taAse0 by tho s6oNac-
holders to increase such stock, al
shares to be of the par gsiuo of ogBc
hundred dollars eacA.
4. That the ohject OF the corpurstaOa
| Is pesuniary gain to it's stockholders.
g. That the particular business In
which aaid corporation shall eRgaas
| In isi
(a) To buy, ieass, sell, improve.
| own, hold and deal In real pEopexxg
Of all kinds.
| 10 To buy, sell, invest and deal Ia
stock. bonds and investment securi-
ties generally, and as well other per
sonal property In the discretion OF
| the company.
To- To buy. sell. and generally aeal
In, directly Tor it's own profit, or an
a broker Of otherwise any and all
Kinds of real and personal properly.
(dJ To improve lands, and suea@s
tn agricultural pursuits. including
buying, raising and selling livestock.
| (e1 To engage in the naval stores
| BUSINESS and to operate turpontz2s
farmA. eommissorbeS and stores.
81 To engage in the manufacture
and sals Of lumber and crosSties or
other timber and wood products.
g. That said corporation shall hhvs
sise right to receive In payment for
its capital stock real or personal prop
cxty at valuation to be fixed by thu
corporation OF in sneh manner aus Ehs
stockholders may direct.
z That t1o officers cf said cerpora-
| ttoa shall be q president. vics-presi-
dent, sscretarv asd treasurer. and
saes ctk CT officers &C may be THovfd-
cd for in the bylaws, and with the
right to s1y Of the three first named
Officers g bold the c&tice of treasurer
s. That they desire the right for
said CORPORATION. a&ri2g by it's stock
holders or directors TO make bylaw
1 Ful9S anu re- OIAL-fF1S TO- LID SUVeIdF
mont Of the corporation.
2. That said corporation SHAH hare
/ tie r:er,t to contract 2ad - cos tract
ID with, to SIZE and be sued, to pLsa
and be implicated, to have and use a
corporate seal, and to change the
same at pleasure, and generally tc
have and exercise such powers, rights
and privileges as are incident to and
rested IN similar corporations under
the laws OF Georgia.
/ (S.gned) 6ennet. TwittY G. 2ees~.
4 Petitioners Attorneys.
| Copy Of petition filed in the office
of clerk Superior Court Glynn county
Georgia, July Il, 1911.