The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1912-03-22
1911, held February 2, 1912.
g. B. OONYERS,
Judge S. c., b. C.
PETITION FoR QUARTER.

To the Superior Court Of said county
The petition OF J. S. Bradley, Jr.,
Of Toledo, Ohio, ANcst Fendig, Homer
Lee YaryaL, Il. A. ssnHenbacner, ana
=. E. Twitty, OF Glynn ceanty, Geor-
ga, respectfully saews:
|. That petitioners desire for them
selves, their associates, SUCCESSORS
and assigns, to be made a body COR
porate ana polite under the laws OF
ieor gia, Gnder shs xsms and style OF
Southeastern Land Company" for a.
term of twenty @se years, with ehe
privilege of renewal as provided by
law.
,. That tas principal Office of said
corporation shall be in the city. Of
brunswick, Glyrn county, Georgia,
With the risAt to establish branch ef-
ices elSewAsrs in said State and in
other states of .As gxted states, and
IN foreign csaAtctss.
3. That ths capital stock of said
corporation shall BE- Fifty thousan
dollars ($ss.oss) divided into five
hundred (5ss) shares Of the par value
of 1ne hundred dsAars &S1so) each,
with the right and pswst to increase
the capital stock from time to time
to any ameuat OF amounts not ex-
ceeding five hundred thousand dollars,
By majority vsts 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 (s1s0) each
A. That the object of the corpora
ton is pscuniary gain to its stock.
holders.
5. That the particular business in
which said corporation proposes to
engage is:
ta) To buy, lease, own. hold, i'm
prove, sell and deal in re@ property
CT ALI 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 o
the company.
Co To buy sell and generally deal
in, directly for its own profit, or as a
broker Or otherwise, any aad all kinds
CT real and personal property.
(d) To engage in the naval stores
business aad to operate turpentins
farms, coRmissaries and stores.
(e) To engage ia the manufacture
and sale of lumber and crossties or
other timber and wood products.
(f( To buy, construct, equip, and
operate tram-roads.
60 To improve tracts of land by
sub dividing faHns, and to develop
such lands and to promote the set
Element and colonization of the same.
CHI 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
property at reasonable and FAIR val
uation.
7. That the officers of said copper
alton shall be a President, Vice Pres
ident, Secretary and Treasurer, and
such other officers as mag be proyid-
cd roE 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 TIE. s:rl:.
S. That they desire the right fer
said corporation, acting by it's 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 tfAs directors.
9. That said corporation shall hawe
the right to con tpaSt and be CON saeted
with, to SUE and no sued TO plead and
be 1mplsa ded, to have and use a cor
lorate seal, and 20 change the same
at pleasure, and ssaepally to have
and exercise such powers, rights aaa
privileges as are incident to and vest
ed "a similar corporsdon under the
laws of Georgia.
Bennett, Twity G. Reese,
Petitioners Attorneys.