The Dawson news. (Dawson, Ga.) 1889-current, 1912-09-17
Petition for Charter.

Georgia, Terrell County.-To the
Superior Court of Said County: The
petition of ]. c. Styles, j. w. Hawk
ms, A. B. Cooper, W. M. Jordan and
J. L. Shirley, all of the county III
Terrell, state of Georgia, respectful
ly shows, as follows:
1st. That they desire for them
selves, their associates and success
ors to be incorporated and made d
body polite under the name and
style of Union Drug Company for
period of 20 years.
End. That the principal Office of
said company shall be in the city of
Dawson, Terrell county, Georgia, but
petitioners desire the right to estab-
ish branch offices within this state
or elsewhere whenever the holders
of the majority of the stock may so
determine.
3rd. The object Of said corpora
ton is pecuniary gain to itself and
shareholders. The business to be
carried on by said corporation is the
buying and selling of drugs and med
icines, to manufacture the same and
to do a general drug business; buy
ing and selling and manufacturing
such articles as are usually and COM
monty bought, sold and manufact"
ured in a drug business. The capt.
tai stock of said corporation shall be
$2,5OO.00, with the privilege of in
creasing the same to the sum OF
$40, 100000 by a majority of votes OF
the stockholders, said stock to be d.
vided into shares of $500 each. Ten
per cent of the amount Of the capt.
tai to be employed by them has act
ually been paid in. Petitioners de-
sire the right to have the subscrip-
ton of said capital stock paid in
money or property to be taken at a
fair valuation as may be determined
by the board of directors.
4th. Petitioners desire the right
to sue and be sued, to plead and be
| implicated, to have and use a COM
mon seal, to make all necessary by
laws and regulations, and to do all
other things that may be necessary
| for the successful carrying on OF
said business, including the right to
buy. hold and sell real estate and
personal property suitable to the
purposes of the corporation, and to
execute notes and bonds as evidence
of indebtedness incurred, or which
may be incurred, in the conduct OF
the affairs of the corporation and to
secure the same by mortgages, Sc
curity deed or other form OF lien,
under existing laws.
5th. They desire for said incor-
poration the power and authority to
apply for and accept amendments
to it's charter of either form or sub
stance by a vote of majority of its
stock outstanding at the time. They
also ask authority for said corpora
ton to wind up it's affairs, liqu1date
and discontinue its business at any
time 1t may determine to do so by
vote of two-thirds of it's stock out
standing at the time.
% 9Th. They desire for the said cor
poration the right of renewal when
and as provided by the laws of Geor-
gia. and that it have all such other
rights, powers, privileges and 1mmu-
mites as are incident to like corpor-
ations or permissible under the laws
of Georgia.
Wherefore, petitioners pray to be
incorporated under the name and
style aforesaid with the powers, priv
ileges and immunities herein set
forth and as are now or may here
after be allowed a corporation OF
similar character under the laws OF
Georgia. M. }. YEOMANS,
Petitioners Attorney.
Filed in office Aug. 22nd, 1912.
W. S. DOzIER, Clerk.
Georgia, Terrell County,, w. S.
Dozier, Clerk of the Superior Court
of said county, do hereby certify that
the foregoing is true and correct
copy of the application for charter
of Union Drug Company as the same
appears on file in this office. Wit
ness my official signature and the
seal of said court this 22nd day of
August, 1912. W. S. DOZIER,
Clerk Superior Court Terrell Coun-
ty, Georgia.
This 22nd day OF August, 1912.