The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-09-07
PETITION FOR cHARTER

~ASOA&A- MN AOON NJ
The petition of L. F. Akin, S. w.
lnter and Linton E. Allen, all of
d county, respectfully shows:
That petitioners desire for them
yes and their associates to be in
porated and made a body polite
er the name of Glynn Farm & Cat
company for a term of twenty
Is, with the privilege of renewal !
pc expiration of that time.
The principal office of the cor
ion shall be in the city of Bruins
Glynn county, Georgia, with the
to establish such branch offices
places of business elsewhere in
ia and the United Seates and in
countries as may be desired.
he object of the corporation is i
airy gain to it's stockholders, land
ticular objects are to buy and
rm, timber and other lands; to
in farming and stock raising;
and sell timber, and to manu-
the same into any CONNER
oducts; to engage in the mer-
business, and to sell at whole
retail, goods, wares and mer-
e; to engage in the real estate
5, and make sales and pur-
thereof for commissions, and
e to act as rental agent; to
bll or otherwise dispose of any
of its property, of whatever
at pleasure; to borrow money,
tie evidences of Indebtedness
For and secure the same by mort
or deed to secure debt to any
I property that may be owned by
company, or otherwise, as the
pany may desire; to buy, own,
uire and hold such other property,
l or personal, that may be neces-
ry or eXpedient in the conduct of the
siness of the company, including
Rock, and bonds of other corporations,
md generally to have and exercise all
Rther rights, powers and privileges in
fident to and enjoyed by similar cor
fporations chartered under the laws of
PGeorgia, including the right to con-
tract and be contracted with, to sue
and be sued, to have and use a COM
mon seal and to change the same at
pleasure, and to do any and all other
things necessary and proper in the
conduct Of its business.
q. The capital stock of the cor
to be divided into one hundred shares
of the par value of one hundred dol
lars each, With the right upon the
part of the stockholders to Increase
such capital stock from time to time
by majority vote of the stock at
that time outstanding to any amount
not to exceed one hundred thousand
dollars. The stock to. be Issued shall
be paid for in.,cash or in, real or per
sonal property at a valuation to be
fixed by the board of directors. More
than 10 per cent of the capital stock
has already been paid. y
5. There SHAFT BE board of difec-
tors to consist of not less than three
or more than seven members, abs of
whom shall be stockholders They.
shall hold office for such term, as may
be, fixed by the, by Laws, and shall
have such powers as may be vested
in them by law or by the bXT laws.
6. The, board Of directors shall elect
of their number the following officers:
president, vice president and sec
rotary and treasurer, but any one Of
the nrst three named bnIaers NAV also
hold the office of treasurer. The board
of directors may at pleasure create
other offices. The bylaws shall fix
the powers and duties of such officers
or delegate this authority to the board
of directors
The stockholders shall have the
right to adopt bylaws for the gov
eminent and regulation of the cor
poration not in conflict with law or
the charter, and to alter or amend
the same as may be prescribed in the
bylaws adopted. The stockholders
shall have the right in such bylaws
to delegate to the board of directors
any and all powers not expressly re-
served in the stockholders by law or
by the terms of the charter.
And petitioners pray that this their
petition be granted.
5ennet, Twitty & Reese,
Petitioners Attorneys.
Filed in office this September 6,
| 1912. H. F. du BIGNON, Clerk: