The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-03-20
1911, held FsssNaqy 2, 1919.
9. B. CONYDRS,
Judge S. c., q. c.
PETITION FoR CHARTER.

l.
To the Superior Court OF said county:
The petition of J. S. Bradley, Jr,
Of Toledo, Ohio, Albert Fendig, Homer
Lee YaryaE, X. A. Sanzenbacaer, and
f. E. Twitty, of Glynn county, Geor
9la, respectfully SHOWS:
4. That petitioners desire for them
selves, their associates, successors
and assigns, to be made a body cor
porate and polite under the laws of
Geor gia, under the name and style OF
Southeastern Land Company" for a
term of twenty 900 years, with the
privilege of renewal as provided by
law.
2. That the principal office of said
corporation shall be in the City of
Brunswick, Glynn county, Georgia,
with the right to establish branch Of
nces eisew..ere in said State and in
other states of the UAited States, and
in foreign coVatries.
3. That the capital stock of said
corporation shall be fifty thousand
dollars ($5O.00G) divided into five
hundred 5000 shares of the par value
CT one hundred dollars $4,000 each,
with the right and power to increase
the capital stock from time to time
to any amount OF amounts not ex-
ceeding five hundred Thousand dollars,
By majority vote of the stock issued
at such time as action may be takel,
by The stockholders to increase such
stock, all shares to be Of the par value
of one hundred dollars ($100) each
A. That the object of the corpora
ton is pccuniary gain to IT'S stock.
holders.
5. That the particular business in
which said corporation proposes TO
engage is:
(a) To buy, lease, own, hold, inn
prove, sell and deal in real property
CT all kinds.
(b) To buy, SELL invest, and deal
in stocks, bonds ana investment Sc
curities generally, and as well other
personal property in the discretion of
the company.
(c) To buy, sell and generally deal
in, directly for its own profit, or as a
broker or otherwise, any and all kinds
OF real and personal property.
CD To engage in the naval stores
business and to operate turpentine
farms, commissaries and stores.
(e) TO engage in the manufacture
and sale of lumber and crossties or
other timber and wood products.
(f) To buy, construct, equip, and
operate tram-roads.
(g) To improve tracts of land by
faAns, and to develop
such lands and to promote the set
Element and colonization of the same. |
Ch) To lend money and to borrow
money and secure the same in the dis
erection of the company.
6. That said corporation shall have
the right to receive in payment for
its capital stock, real or personal
at Reasonable and fair val
uation.
Z, That the officers Of said corpor i
alton shall be President, Vice Pres
ident, Secretary and Treasurer, and
such other officers as may be provid-
cd Cor in the bylaws, or by action
Of the stockholders or directors, and
with the right to any of the three
first named officers to hold the office
OF A.e-S.s.~..
8. That they desire the right for
said corporation, acting by its stock
holders to make bylaws, rules and
regulations for the government Of the
corporation, with authority 10 the
stockholders to delegate such right
and power to the direetors.
8. That said corporation shall have
the right to contract and be contracted
with, to sue and he sued, 10 plead and
be mpleaded, to have and use cor
porate seal, and TO change the same
at pleasure, aad s~noruiiy 10 hare
and exercise such powers, rights and
privileges as are incident to and vest
ed N similar corporations under the
laws of Georgia.
Bennett, Twity G. Reese,
Petitioners Attorneys.