The Brunswick news., 1912-03-15
1911, held February 2. 1912.
C. B. CONYHRS,
Judge S. c., B. c.
PETITION Foh CHARTER.


To The Superior Court of said county;
The petitien of ]. S. Bradley, Jr,
of Toledo, Ohio, Albert Fendig, Homer
Lee Yaryan, r. A. Sanzenbacher, ana
F. E. Twitty, of Glynn county, Geor-
gia, respectfully shows:
l. 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
term of twenty (2e) years, with tie
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
fees elsewhere in said State and in
other states of the United States, and
in foreign countries.
8. That the capital stock of said
corporation shall be fifty thousand
! dollars (s5O,O0o) divided into five
hundred (5OO) shares OF the par value
of one hundred dollars $500 each,
with the right and poweE 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
i BY The stockholders to increase such
stock, all shares to be Of the par value
Of one hundred dollars (s100) each
| A. That the object Of the corpora
ton is rccuniary gain to its stock
holders.
5. That the particular business in
which said corporation proposes to
engage is:
(a) To buy, lease, own, hold, i'm
prove, sell and deal in real property
CT all kinds.
(b) To buy, sell, invest, and deal
in stocks, bonds and Investment Sc
curities generally, and as well other
personal property in the discretion OF
the company.
(c) To buy, SELF and generally deal
in, directly for its own pront, or as a
broker or otherwise, any and all kinds
of real and personal property.
(d) 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 erossties or
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 develop
such lands and to promote the set
tlement and colonization of the same
(h) To lend money and to borrow
money and secure the same in the dis
cretion of the company.
6. That said corporation shall have
the right to receive in payment fol
its capital stock, real or personal
property at reaSonable and fair val
uation.
Z. That the officers Of said esrpor
alton shall be President, Vice Pres
ident, Secretary and Treasurer, and
such other officers as may be previd-
ed for in the bylaws, or by action
of the stockholders or directors, and
with the right to any of the three
hrst named officers to hold the office
Of Tres ssurer.
8. That they desire the right foi
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 sueh right
and power to the directors.
3. That said corporation shall have
the right to contract and be contracted
with, to sue and hs sued, 10 plead and
be impleaded, to have and use cor
porate seal, and to change the same
at pleasure. and generally to have
and exercise such powess, rights and
privileges as are incident to and vest
ed in similar corporations under the
laws of Georgia.
Bennett, Twitty & Reese,
Petitioners Attorneys