The Brunswick news., 1912-09-01
PETITION FoR CHARTER.

ne p6llLOH or {. II. Dudley of said |
county, and C. +. smith and Robert
L. Smith Of Telfair county. Georgia.
/ respectfully shows:
1. Petitioners desire for them
selves and their associates to be in
eorporated and made a body polite |
under the name OF GEORGIA COAST |
LUMBBD COMPANY" for a term oel
twenty 900 years, with the privilege
of renewal at the expiration of tha.
time.
2. The principal office of the cor
poration shall be in the city of Bruins. |
wick, Glynn county, Georgia, with |
the right to establish such branch
offices and places Of business else
where in Georgia and De United
St States ss.,e1s and foreign soant' Is as may
/ g. The object of the corporation is
pecuniary gain to its stockholders.
and its particular objects are to en-
gage in the manufacture and sale OF |
lumber and all kindred products. and |
! likewise to conduct a commission and
| brokerage business in such products J
and to that end petitioners desire the
right to buy, acquire, hold and lease
timber and timber lands, wherever
situate, and such other real prop.
erty as may be expedient in the con-
duct of its business; to erect. ac
quire, hold, and operate such plants,
mills, dry-kins and other machinery
apd onnIiopoae ;noTud{rr +-o,,,z or5
/ tram roads, as may he expedient in
! the conduct Of its business: to buy
and sell lumber and all kindre proo-
ucts as commission man or broker:
to buy. sell or otherwise dispose Of
any and all Of its property, of what
ever kind, at the pleasure Of its board
of directors, as may be provided in
the bylaws to be adopted; to borrow
money, execute evidences of indebt-
edness therefor and secure the same
by mortgage or deed to secure debt
Is any and all property that may r..
owned or acquired by the company,
or otherwise. ais the board Of dirac-
Tors may desire; TO buy, own, ac-
EqUire ard hold such other property as
may be necessary or eXpedjent in The
conduct of the business Of the com
pauy, including stocks and bonds Of
other corporations, and generally to
ba,, ,nd o,or.iso an otbor rfobts
,,,,.,... -,.,,.;i,..,,,' ,,..i,,l,,. .,,3
a,io,.@a ~. .ir,ir.r .,o,.noraeo,n. -
tered under the laws Of Georgia, in
GLIDING the right to contract and be
.n,troctad v,,tt 80 sno and q, e,od
~ bo.a ava 40 b, oor,,,,,,, eoo, I'D
IN chance tbe COMO AZ nIoaerro ana
~ M. o,,, -, o+,,,. 49, ,,o.l.,
sarv and nrone,. in inc oondmc, ~ If
h,si,oss
,rba canif.1 stocl or bs nam.
,on, .Lau III r;e,, Ttonso,5 gnaI
L. fg-o ooo an, 10 ha di,idad {nto
evo bupdrod ,5oo, sbarag of tba nor
valua of ono rundrad DolIar. eanb
vim the rigbt nnon tha mart oe fba
stocI,bo,dors n incraasa encb csni-
tal stocl, IRON, ti,na IN ti,,a. ~, a mo-
iority yoto of 40 stoc1, ~ that ti,oa
ortst,ndino 10 an, o,,o,nt no+ to
avcead Two Hundred and Fiftv
Tbonsand nolIars Cs97o oo0o0 ana
win the riobr to decrease such can
ital stock from time fo tima nv a
ma ioritv voto of tba stoci, at fbat
tine o,tstanding +o anv amopnt not
lac tban nan Tbousand Dollars
$50 O0o oo>. The stock ia no issued
sbau he Maid fo, in cosb ~. in real or
rareona1 nronartv ~, val1iation to he
f,e6 nv the hoard Of directors More
han ten ner cent 10 nor cent? Of the
Genital etock hae already heen Maid
Z There ehalI he = hoard Of dr.
rrctcre Of the comnanv to consist Of
no less than three nor more than
e,yer members all Of whom shall
ro stockholders they shall ho,d Of
flee for sncb term as NAV h. fixed
nv the bv-Iawe and shall have such