Americus times-recorder. [volume] (Americus, Ga.) 1891-current, 1912-01-12

K. Sims and w. p. Wallis, for them
selves, associates, successors and
assigns, respectfully show to the
court:
That they desire to have incorporat-
ed the business hereinafter proposed
under the name and style OF the
Americas Ice and Coal Co., with its
Principal Office and place of business
at Americas, Sumter County, Ga.
II.
The capital stock of said company
is to be $2O,0OO.O0, divided into shares
of the par value of $4,000 each, to
be known as common stock, with the
privilege of increasing the issue Of
stock from time to time, within the
discretion of the stockholders, to
amount not to exceed $1Oe,0OO00.
They desire also the right and priv
ilege to issue preferred stock should
they see fit from time to time in such
amounts as they may desire, so long
as the preferred stock does not ex-
coed one-half of the common stock,
the preferred stock, when so issued,
shall be upon such terms and condi-
tons, with reference to the accum-
ulation Of dividends and specifying
amount of dividends as may seem just
and reasonable to the stockholders,
in meeting assembled; the preferred
stock to be issued in shares of $100.
90 each, with the understanding that
the preferred and common stock in
10 event shall exceed the maximum
cGTital stock herein contemplated. In
no event are the stockholders to be-
come liable for the payment of any
sums in excess of unpaid subscrip-
tons.
Petitioners show that they desire
to be incorporated for the full term
of twenty years, with the privilege of
renewal at the expiration thereof,
with the right to sue and be sued,
plead and be implicated; contract and
be contracted with, and do all things
incident to the carrying on of said
business and the operation thereof as
Petitioners show that while the
principal office and place of business
is to be in Americas, Ga, they desire
the right to establish branch Offices |
and agencies for the manufacture and
sale of the products herein named at |
such other places within or without |
the state of Georgia as the parties
may contemplate from time to time.
V.
Petitioners show that the object OK
said corporation is that of carrying |
on an ice and refrigerating business;
the manufacture of ice; buying and
selling ice, coal, wood, cold storage
products, refrigerating meats, vegeta-
bles, fruits or other produce for
hire or sale.
VI.
Petitioners desire the right to buy, |
own, lease, sell, either for cash IT |
on installments, real estate and per-
sonal property, machinery, in connec-
ton with and for the purpose of OPP |
Grating said business herein propos-
ed which may in anywise facilitate
the handling or carrying on of said |
business. That they may have the |
privilege of issuing bonds or mort |
and securing the same by |
or deed of trust, or deed to |
secure debt, upon any property, real |
and personal of said company, and do |
all other things that may be incident |
to the carrying on and operation OF |
said business as aforesaid.
VII.
Petitioners show that they desire |
the right to elect board of direc-
tors of not less than three, and not |
more than five, as in the judgment Ct
the stockholders, their successors |
and assigns, may see fit and proper;
that they may have the right to |
make such constitution and bylaws
for the government of said company, |
so long as not inconsistent with the |
laws of the state, or of the United |
States. To have and use common |
seal. They desire the right and
privilege to purchase from time TO
time property (real and personaD,
lease; good will, etc, with the capt.
tai stock of said company, as may De
by said stockholders and
taeir associates.
Petitioners show that said capital |
has been subscribed, and is ready TO |
be paid in as soon as organization is
Wherefore, petitioners pray that
may be granted as provided
by law in such cases.
w. P. WALLIS,