Fitzgerald enterprise. (Fitzgerald, Ga.) 1895-1912, 1912-03-09
Petition for Charter

Georgia, Ben Hill County.
TO h e Superior Court of said
County:
The petition of James L. Nc
Carly and Guy C. tombstone, of Ben
Hill County, and P. . McCarty, of
Dooley County, Georgia, respectfully
shows:
/. That they desire for them
selves, their associates and success
sors, to be incorporated and made
a body polite under the name and
style of McCarty-Johnstone Com
pany for the period of twenty years
with the privilege of renewal at the
end of that time.
2. The principal Office of said
company shall be in the city of
Fitzgerald, state and cou ty afore-
said, but petitioners drsire the
right to establish branch offices
within this state or elsewhere, when
ever the holders uf the majority of
the stock may so determine.
3. The object of said corporation
is pecuniary gain to itself and its
shareholders.
a. Petitioners propose to estab-
lish, operate and maintain a gen.
eral mercantile business, buying and
selling for cash, or on credit, all
such articles of merchandise as to
them may seem proper, but petit
TONERS propose especially to handle
drygoods, shoes, clothing, hats, no
tons, etc. Petitioners propose to
make contracts, to act as agents,
to appoint agents, and to exercise all
of the usual powers and do all of the
usual necessary and proper acts
which pertain to, or may be con-
nected with the wholesale or retail
mercantile business.
S. The capital stock of said cor
poration shall be Ten Thousand
Dollars, with the privilege of in
creasing same to the sum of
Twenty Five Thousand Dollars by a
majority vote of the stockholders,
said stock to be divided into shares
of One Hundred Dollars. each
Seventy-Five per cent of the
amount of capital to be employed
by them has been actually paid in.
6. Petitioners desire the right to
sue and be sued, to plead and be
implicated, to have and use a COM
mon seal, to make all necessary by
laws and regulations, and to do all
things that may be necessary for
the successful carrying on of said
business, including the right to buy,
hold and sell real estate and per-
sonal property suitable to the pur-
poses of the corporation, and to ex-
ecute notes and bonds as evidence
of Indebtedness incurred, Or which
may be incurred, in the conduct OF
the affairs of the corporation and to
secure the same by mortgage, Sc
curity-deed, or other form Of lien,
under existing laws. They desire
the power to elect or appoint such
officers as they, in their corporate
capacity, may determine upon, and
to provide for their term of office,
immunities and liabilities.
7, They also ask authority for
said corporation to wind up its
affairs, liquidate and discontinue its
business at any time it may deter
mine by a vote of two-thirds of its
stock outstanding at the time; and
they desire for said corporation the
power and authority to apply for
and accept amendments to its char
ter of either form or substance by a
vote of a majority of its stock out
standing at the time.
8. They desire all such other
rights, powers privileges as are in
cident. to like interpretations or
permissible under the laws of Geor-
gia.
Wherefore, petitioners pray to be
incorporated under the name and
style aforesaid with the powers
privileges and immunities herein
set forth, and as are now, or may
hereafter be, allowed a corporation
of similar character under the laws
of Georgia.
= Clayton Jay,
Attorney for Petitioners.