The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-02-15
PETITION FOR CHARTER.

1AEORGlA. lily nm COUNTY
To The Superior Court of said county:
The petition of J. S. Bradley. Jr..
CT Toledo, Ohio, Albert Fendig. Homer
Lee Yaryan, Il. a. Sanzenbacher, and
f. E. Twitty, of Glynn county, Geor-
gia. respectfully shows
/. That petitioners desire for them-
selves, their associates, successors
and assigns, to be made body cor
porate and polite under the laws of
Georgia, under the name and style OF
southeastern Land Company for a
term of twenty (20) years, with the
! privilege Of renewal as provided by
law.
:. That the principal office of said
corporation shall be in the City of
Brunswick, Glynn county. Georgia,
with the right to establish branch Of
f1ces elsewhere in said State and in
lother states of the United States, and
IN foreign countries
I 3. That the capital stock of said
corporation shall be fifty thousand
! dollars ($50000) divided into five
hundred (500) shares of the par value
| of one hundred dollars ($1O0) each,
with the right and power to increase
the capital stock from time to time
to any amount or amounts not ex-
| ceeding five hundred thousand dollars,
| by majority vote of the stock issued
at such time as action may be taken
| by he stockholders to increase such
| stock, all shares to be of the par value
OF one hundred dollars ($lO0) each.
"A. That the object of the corpora
ton is pecuniary gain to its stock
| holders.
). That the particular business in
which said corporation proposes to
engage is:
I (a) To buy, lease, own, hold, i'm
prove, sell and deal in real property
Of all kinds.
CD To buy, sell, invest, and deal
i'll stocks, bonds and :n~oa'mont So
o''"ftios Gonc~-'~, "a as wei ot1er !
''07~:'5v in tho G.-c,'~...--, ~f'
tn oo,oran,. !
f"N - wv. ~~'I ava ~o'7o.'or1~ DO.
IN airectlv TO- its own pro- -. ~~ y
broker Or c'i'~'.',-'o~. 49, Nd All kinds
.-i $50 N"r9onal property.
fd) To enra@e in the naval stores
BUSINESS and to operate turpentine
arms, commissaries and stores. r
(e) To engage in the manufacture
nd sale Of lumber and crossties or .
Their timber and wood products.
U) To buy, construct, equip, and
)crate tTam-roads.
80 To improve tracts Of land by
lbdividing farms, and to develop
Itch lands and to promote the set
ement and colonization of the same.
CHI To lend money and to borrow
loney and secure the same in the dis 3
retion of the company.
6. That said corporation shall have
ne right to receive in payment for E
IS capital stock, real Or personal
property at reasonable and fair val 7
atiOn.
I. That the officers of said corpOr-
ltion. shall be a President, Vice Pres 3
dent, Secretary and Treasurer, and
'NNAt OtiASI OilNNI = 90 mag bC p'O'i
ed for in the bylaws, or by action .
Of the stockholders. or directors, and
with the right to any Of the three 4
first named officers TO hold the office
of Treasurer.
s. That they desire the right for ,
said corporation, acting by its stock
holders to make bylaws, rules and
regulations for the government OF the
with authority to the
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 implicated, to have and use a 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,
DotitiOOorC' AttOrDpVS