The Brunswick news., 1912-02-22
PETITION FOR CHARTER.
1ORGIA.-GLYNN COUNTY.

GEORGlA.- mn COUNTY,
To he Superior Court of said county:
The petition of J. S.. Bradley, Jr.,
of Toledo, Ohio, Albert Fendig, Homer
Lee Yaryan, R. A. Sanzenbacher, and
F. E. Twitty, of Glynn county, Geor-
gia, respectfully shows:
+ l. That petitioners desire for them
selves, their associates, successors
and assigns, to be made a body cor
porate and polite under the laws of
Georgia, under the name and style OF
/" Southeastern Land Company" for a
term of twenty (20) 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
Efices elsewhere in said State and in
d; other states Of the United States, and
in foreign countries.
! 3. That the capital stock of said
corporation shall be fifty thousand
dollars ($50,00O) divided into five
hundred (500) shares of the par value
OF, one hundred dollars ($100) each
, WIZ the right and power to increase
/ the capital stock from time to time
: to any amount or amounts not ex
ceeding five hundred thousand dollars,
by a majority vote of the stock issued
| at such time as action may be taken
by he stockholders to increase such
stock, all shares to be of the par value
of 5ne hundred dollars ($100) each.
"A. That the object Of the corpora
tion is recuniary gain to its stock
holders.
5. That the particular business in
which said corporation proposes to
engage is:
ta) To buy, lease, own. hold. i'm
prove sell and deal in real property
of all kinds. a4est
(b) To buy, SELL invest, and deal
in stocks, bonds and Investment Sc
curities generally, and as well other
personal property in the discretion of
the conn any. .s|
/ (cl To buy, sell and generally deal
in, directly for its own profit. or as a
broker or otherwise. any and all kinds
of real and personal property.
J. I'D To engage in the naval stores
business and to operate turpentine
farms, commissaries and stores.
| (e) To engage in the manufacture
and sale of lumber and crossties or
; other timber and wood products.
(f) To buy, construct equip, and
operate tram-roads.
(g) To improve tracts of land by
sub b-dividing farms, and to develop
such lands and to promote the set
tlement and colonization of the same
4 th) To lend money and to borrow
money and secure the same in the dis
/ cretion of the company
j 6, That said corporation shall have
the right to receive in payment fol-
its capital stock, real or personal
4 property at a reasonable and fair val
uation.
I. That the officers of said corpOr
alton shall be a President, Vice Pres
jdent, Secretary and Treasurer and
such other officers as may be proyid-
cd for in the bylaws, or by action
k0f the stockholders or directors, and
with the right to any of the three
e.5rst named officers to hold the office
Of Treasurer.
s. That they desire the right foi
said corporation, acting by its stock
holders to make bylaws, rules anG
regulations for the government OF the
corporation, with authority to the
stockholders to delegate such right
and power to the directors.
9. That said corporation shall have
the right to contract and be contracted
with, to sue and be sued, to plead ant
Ebe mpleaded, to have and use cor
porate seal, and to change the same
J at pleasure, and generally to have
&nd exercise such powers, rights ant
privileges as are incident to and vest
ed IN similar corporations under tn,
., laws of Georgia.
l. Bennett, Twitty & Reese,
1 a.. Petitioners Attorneys