The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-02-16
PETITION FOR CHARTER.

GNORGIA.-GLYNN COUNTY.
TO he Superior Court of said county:
The petition Of J. S. Bradley Jr.,
Of Toledo, Ohio, Albert Fendig. Homer
Lee Yaryan, Il. A. Sanzenbacher, and
=. Z. Twitty, of Glynn county, Geor-
gia respectfully shows:
!. That petitioners desire for them
selves, their associates, successors
and assigns, to DO made a body cor
porate and polite under the laws of
Geor 5ia, under the name and style OF
Southeastern Land Company for
term of twenty 900 years. with the
privilege of renewal as provided by
law.
,. That the principal Office of So; II
corporation shall be in the City Of
| Brunswick, Glynn county, Georgia,
with the right to establish branch Of
fees elsewhere in said State and in
other states of the United States, and
in foreign countries.
! 3. That the capital stock of said
corporation shall be fifty thousand
Nolars (s5O,0Oo} divided into FIVE
hundred (500) shares of the par value
of )ne hundred dollars ($i00 each,
with the right and power to increase
the capital stock from time to time
to any amount or amounts not ex-
ceeding five hundred thousand dollars,
by majority vote of the stock issued
at such time as action may be taken
by he stockholders to increase such
stock, all shares to be of the par value
of one hundred dollars ($l0O) each.
A. That the object of the corpora
ton is pecuniary gain to its stock
holders.
g. That the particular business in
which said corporation proposes TO
engage is:
GAY To buy, lease, own hold, i'm
prove, sell and deal in real property
Of all kinds.
t (b) To buy, SELL invest, and deal
f in stocks, bonds and investment Sc
curities generally, and as We'll other
, personal properly III the discretion Of
t the company.
, (c) To buy, sell and generally deal
, IN, directly for its own profit, or as a
BROKER CT otherwise, any and al! Kinds
CT real and personal property,
! )d) To engage in the naval stores
t business and to operate turpentine
farms, commissaries and stores.
(e) To engage in the manufacture
and sale of lumber and crossties OF
r other timber and wood products.
f) To buy, construct, equip, and
: operate tram-roads.
(g) To improve tracts of land by
sub dividing farms, and to develor
such lands and to promote the set
Element and colonization of the same
thJ To lend money and to borrow
money and secure the same in the dis.
erection of the company.
g. That said corporation shall hay,
The right to receive in payment TO
its capital stock, real or persona
property at a reasonable and fair val
J uation.
[ T. That the officers of said corpor.
alton shall be n President, Vice Pres
ident, Secretary and Treasurer, an(
such other officers as may be provid
u ed ror il the bylaws, or by actor
Il Of tie stockholders or directors, ant
with the right to any of the three
first named officers to hold the office
of Treasurer.
s. That they desire the right fol
said corporation acting by its stock
holders to 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.
9. That said corporation shall have
the right to contract and be contracted
with, to sue and be sued, to plead and
be lmpleaded, to have and use cor
porate seal, and to change the same
at pleasure, and generally to have
and exercise such powers, rights and
PRIVILEGES as are incident to and vest
ed n similar corporations under the
laws of Georgia
Bennett. Twitty G. Reese,