The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-07-03
Legal Advertisements
PETITION FOR CHARTER.
Gecrgia.-GIynn County.


The petition of George H. Cook
and billiard Reese, of Glynn county,
Georgia, and c. l. Pratt Ct Duval
county, Florida, respectfully shows:
/. Petitioners desire, for themselves
ard their associates, to be incorporat-
ed and made body polite under the
! laws of the state CT Georgia fer the
term of twenty years, with the privi-
lege of renewal at the expiration of
that time, under the corporate name
and style of Pratt Lumber Company"
2. The principal office of the cor
2oraticn shall be in the city of
Brunswick, Georgia, with the right to
establish such branch offices ard
places of business elsewhere IN Geor-
gia and the United States as may be
desired.
3. The object of the corporation is
pecuniary gain to its stockholders,
and it's particular objects are ~ en-
gage in the manufacture and sale of
lumber and all kindred products, and
likewise to conduct commission and
brokerage business in such products;
and to that end petitioners desire for
said corporation the right to buy, &C
Quire, hold and lease timber and tim
Der lands, wherever situate, and such
other real property as may be nee
essary or eXpedient in the conduct of
its business; to erect, acqui.:e, hold
and operate such plants, mills, dry
kilns, and, other machinery and ap-
planes, including trans AMI tram
roads, as may be eXpedient in the
conduct of it's business; to buy and
sell any and all kinds of goods, wares
and merchandise; to buy aud sell
lumber and all kindred products as
a commission man or broker; 10 buy,
sell or otherwise dispose of any or all
Of its property, of whatever k nd, at
the pleasure of it's board Ct directors,
as may be provided in the bylaws
to be adopted; to borrow money. exc
cute evidences of indebtedness there
for, and secure the same by mortgage
Or deed to secure debt to any and
d property that may be owned or
acquired by the company, or other
| wise, as the board of directors may
desire; to buy, own, acquire and hold
| such ether property as may be nee
| essary or experient in the conduct
Of the business of the company, in
Guiding stock and bonds of other
| corporations; and generally 20 have
! and exercise all CT the rights, pow
ers and privileges incident to and
enjoyed by similar corporations char
tered unde" the laws of Georgia, in
| GLIDING the right to contract and be
contracted with, to sue and be sued,
10 have and use a common seal and
! to change the same at pleasure, and
| to do any and all other things Leces-
| s2~y or proper in the conduct of its
! business.
4. The capital stock of the com
Dany shall be Ten Thousand
(S70.000.O0) Dollars, to be
divided into one hundred shares of
the par value of One Hundred ($100)
dollars each, with the right upon the
part of the stockholders to decrease
such capital stock from time to time
by majority vote of the ST ok at
that time outstanding, to any amount
not to exceed One Hundred Thousand
Dollars, and with the further rIsht to
e@rease he capital stock from time
to time by a majority vote Of the
stock at that time outstanding. to any
amount not less than Five Thousand
Dollars. Stock issued shall be paid
for in cash CT in real or personal
.roDerty 1t a valuation to be fixed
by the board of directors.
:. There shall be a board of direc-
tors of the company consisting of not
less than three nor more than seven
members, ali of whom shall be stock,
holders. They shall hold office for
such term as may be fyed bv the by
laws. aud shall have isuch powers as
may be vested i'm thcm by law or the
bylaws.
G. The board Of directors SHAH elect
Of their number. the following off
oerr: q President Secretary fHd