Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1912-10-12

49, @EOi " n a marin VS.. the said W. w.
attorney.
G W MANGUM, Sheriff.
STATE OF GEORGIA-County of Fulton
State of Georgia:
The petition of the Trust Companv of
georgia, banking corporation organized
ana eAlstlng under the laws of the state
OF georgia and chartered by virtue of
special act of the general assembly of the
STATE OF Georgia approved September Dist
1891, as amended by an act of the general
assembly Of the state of Georgia ap-
proved November 18th. 1898, respectfully
shows:
That by virtue of the provisions of sec
tons 2271 to 2274, both inclusive, of the
Code OF Georgia of 1910, said Trust com
pany of Georgia desires to amend its spe-
clal charter by inCorpora ting therein Ger
tain provisions of the General Banking
Act, to-Wit:
l. The provisions OF section 2267 Of the
Code of 1910, as amended by act of the
general assembly of the state of Georgia
approved August 18th, 1912, which section
as amended reads as follows:
The business Of the Corporation shall
| De under the mana cement and control of
a Board of Directors 20 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
such powers as may De legally delegated
to them by the stockholders or by the
! bylaws adopted by the stockholders. The
Board Of Directors shall he elected by the
stockholders at such time and place and
bylaws"
And that it shall be within The right
ana power of the stockholders of said
| Company to fix the number of directors
from ,ine to time within the minimum
and maximum nun0e named in said
enactment so proposed to be incorporated
q lR 4
Company
2. The provisions of section 1868 of the
Code Of 1910, which section reads as fol
THE board Of directors shall have
power TO prescribe now. 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 default for sixty days TO
, pay any call regularly made in his sub
scriptOn to stock. the directors may d.
with for the amount of such call, or may
IN their discretion, after thirty days no
I tice 10 such stakeholder, cause his stock,
after proper public advertisement for thlr-
ty days, 10 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 mad ne mol
so made default. The sale shall be 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. or 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
l,a CyiyHR
case Of death to his legal representative
or heirs at law, personally or by man,
addressed to his last known residence.
at least thirty days previous to SAID spe-
ciai meeting, and such increase, or de-
crease shall be made III such manner as
shall be determined by the meeting of
stockholders, it requiring the vote Of
majority III amount of the entire capital
stock to authorize such increase or de-
crease, and the manner of erecting the
same. If, 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
the meeting must be reduced to writing
and entered upon the books or minutes OF
the corporation, and q copy thereof. veri-
fed by the president or cashier, ShaI be
filed and recorded in the office OF the sec
recorded shall become an amendment to
said charter, and a certified copy thereof
shall be evidence of all facts therein con
tanned in all courts of this state, without
That there accompanies this decara
ton attached thereto as Exhibit !.
COPY of the resolutions of the board or
directors of the Trust Company of Geor-
ola 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 coHlallltu
in the certificate of said secretary specl-
fving the date of the charter of SAID com
pany. together with the date of an amend
ment thereto, g.. -.... .,,,... ,,,- ,5oo1,