Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-11-02
Legal Notices.

approved August 18th, 1912, which section
/ as amended reads as follows:
! The business of the Corporation shall
De under the management and control of
! a Board of Directors to consist of not less
than three. nor more than twenty five
members Of the corporation, who must be
the owners and holders of one or more
shares of the capital stock in good faith
| The Board of Directors shall exercise only
sucn powers as may be legally delegated
/ TO them by the stockholders or by the
bylaws adopted by the stockholders. The
stockholders at such time and pleaa and
Tor such term as may be appointed ny the
| bylaws"
And that it shall be within the right
and power of the stockholders of said
! Company to TX the number of directors
from time TO time within the minimum
and maxi mum numbers named in said
enactment so proposed to be incorporated
as an amendment to tho charter of said
/ Company
O. The provisions of section 1858 of the
| Code of 1910, which section reads as fol-
lows
The board of directors shall have
power to prescribe how, and in what
sums, and at what times and places any
unpaid part of the capital shall be paid
in and in the event any stockholder shall
| fail or make ault for sixty days to
pay any call regularly made In his sub
scription to stock, the directors may di-
rect suit to be brought against him forth
with for the amount Of such call or may
in their discretion, after thirty days no.
! tice to such stakeholder cause his stock
after proper public advertisement for thir-
| ~ days, to be put up and sold at auction
! to the highest bidder, and any deficiency
In this sum thus received, necessary to
make the amount Of the call, shall be
made good by the delinquent. Any sur
| Plus over the amount of the call and the
expenses of the sale shall be paid to him
A new certificate of stock shall be issued
| to the purchaser, and he shall stand in
| the same relation to the company as the
| delinquent would have done had he not
SO made default; The sale shall De at
the court house door in the county where
said company is located. The capital stock
| OF the corporation may be increased to
| such amount as may be desired by the
stockholders, OF, it may be decreased to
sum not less than twenty-five thousand
| dollars, at a meeting of the stockholders
| called for the special purpose by order Of
the board Of directors, Of which notice
has been given each stockholder Cor, in
case Of death, to his legal representatives.
or heirs at law), personally or by mall.
addressed to his last known residence
| at least thirty days previous to said spe-
cial meeting. and such increase or de-
crease shall be made in such manner as
shall be determined by the meeting Of
stockholders, 1t requiring the vote Of
majority in amount of the entire capital
stock to authorize such increase or de-
crease, and the manner of effecting the
| same II, at such meeting, the stock
! holders holding the majority in amount
OF the capital stock vote for such In
crease or decrease, the proceedings OF
| and entered upon the books or minutes OF
! the corporation, and a copy thereof, veri-
! fed by the president or cashier, shall be
| filed and recorded in the office OF the sec
rotary of state, and when so filed and
recorded shall become an amendment to
said charter; and q certified copy thereof
tanned in all courts OF this state, without
further proof"
That there accompanies this declara-
| ton, attached thereto as Exhibit l." a
| copy of the resolutions OF the board Of
directors OF the Trust Company Of Geor-
g1a, authorizing this application to be
made, certified to be such by the sec
rotary thereof under the seal OF the COM
pany, together with statement contained
in the certificate Of said secretary specl-
| tying the date Of the charter of said com
pany, together with the date OF an amend
ment thereto
WHEREFORE, it prays that this decla-
ration or petition be filed as provided by
law, and that after due compliance with
the provisions Of the law in such cases
made and provided the charter of the
| so as to incorporate therein the provisions
Of the General Banking Law hereinbefore
! WITNESS the signature OF the presi-
dent and the corporate
| seal Of said corporation,
| tseaD this the 10th day OF Oc-
E. WOODRUFF,
WHEREAS, 1t is deemed desirable sfT5qfe' by
pany of Georgia that its charter be
amended so as to permit it % to in
crease the membership Of the board Of
| power TO increase or decrease its capital
stock as It's stockholders may determine
upon; and
! WHEREAS, this company was incorpo-
rated under special act of the general
assembly of the state of Georgia, ap-
proved September 21st, 1891, which act OF
the general assembly Of the state Of Geor-
gia approved November 18th, 1898; and
| WHEREAS, it is necessary in order to
accomplish the purpose hereinbefore set
| forth to procure an amendment of the
charter of this company, by having in
corporated therein these provisions of the
number of directors which such cor
| pOration may have and providing for the
decrease or increase OF the capital stock
BE IT THEREFORE, RESOLVED that
! the president of this company be and he
is hereby authorized to make and file in
| state of Georgia declaration in writing
signed by said president and given un-
der the corporate seal OF this company
and designating section 2267 and the
amendment thereto and section 226S Of the
| Code of 1910. as the provisions OF said
| General Banking Laws which this com
pany desires to incorporate into its char
| ter.
! STATE OF GENERALIZATION County.
I, John B. Wheat secretary of the Trust
that the foregoing is a true and correct
copy of a resolution adopted by the board
| of directors of the Trust Company Of
Georgia al a meeting regularly called ana
held, i'll accordance with the provisions Of
! its bylaws, on the 9Th day of October,
1912.
I do further certify that the original
charter OF the Trust Company of Geor-
gia was by act. Of the general assembly
Of the state Of go Georgia approved Sep
amended by an act Of the general assem-
bly, Of the state of Georgia approved
November 18th, 1898 said company be-
ing originally incorporated under the
name of the Commercial Travellers Saw
ings Bank and the amendment of the
charter above referred to having. among
other things changed its name to Trust
Company of Georgia.
Witness my signature and the seal of
said corporation this 9Th
(Se9D day Of October. 1912.
JOHN 3. WHEAT,
Secretary.
STATE OF Georgia. OF seere-
tary of State.
l. Philip Cook, secretary of state Of