The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-06-21
PETITION FOR CHARTER.
GEoRGIA-GLYNN COUNTY.

GEORGIA-GLYNN COUNTY.
To The Superior Court of said county:
The petition of W. E. Kenner, D. L.
Keller, Albert Fendig, end E. H. Ma
son, all of said State and County,
respectfully shows:
1. That petitioners desire for
themselves, their asso ;iates, success
ors and assigns, to be made body
corporate and polite tnder the laws
of Georgia, under he corporate
name and style of "KENNER CUP
AND GUTTER COMPANY" for
term of twenty years, with the priv
ilege Of renewal at thu expiration of
that time, as provided ~ law In such
cases.
z. That the principal office and
place of business Of said corporation
shall be in the city Of Brunswick,
Glynn county, Georgia, with the RICH,
to establish branch offices elsewhere
in said state and in other states in
the United States and foreign coun-
tries.
4 .. That the capital stock of said
Il corp ration shall be ten thol. sand
dollars ($10,000), with the right to in
crease such capital stock from time
t. time by a majority vote o. the
STOCK outstanding at the time to any
am"1nt or amounts not exceeding one
hundred thousand dollars (s10O, 0OO)
all shares to be of the par value of
one hundred dollars ($100) each.
4. That the object If said corpor-
alton is pecuniary gain to its stock
holders and its particular objects are:
ta) To manufacture and sell tur-
pentlne cups, cutters, implements and
tools and machinery of every kind and
character used or needed in ,urpen-
tine and rosin operations.
CD To engage in the turrentine
and naval stores business and the
manufacture and sale of by-products
| incident to such busin ess.
(c) To operate commissaries and
stores.
(d) To construct, own and operate
tram roads.
(e) To buy, own, lease or sell tim
Der and timber lands, or other lands
~ To buy, own, hold, sell or ether
wise dispose of real property general
ly.
(g) To bay, own, hold and sell
stocks and bonds OF other corpora
lions and other personal property.
.. That said corporation shall have
the right to receive in payment for
its capital stock real or personal
property at "a reasonable and fair
valuation thereof, including the right
to receive in payment for such stock
at a reasonable and fair valuation pa
tents and patent rights for airy ar
ticle or articles or thing that could |
be used in it's business.
6. That the officers CT said corpor-
alton shall be President, Vice Pres
ident, Secretary and Treasurer, and |
such other officers as may be provid-
ed cor in the bylaws, or by action |
of the stockholders or director, with |
the right to any of the first three
named officers to hold the office of |
Treasurer.
z. That they desire the right for |
said corporation, acting by it's stock |
holders tc make bylaws, rules and
regulations for the government of the |
corporation, with authority to the
stockholders to delegate such right |
and power to the directors.
8. That said corporation shall have
the right to contract and be contract
ed with, to sue and be sued, to plead
and be impleaded, to have and use a
corporate seal, and to change the
same at pleasure, and generally to
have and exercise such powers, rights
and privileges as are incident to and
vested in similar corporations under
the laws of Georgia.
Bennett, Twitty & Reese,
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