Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-07-14

RANDOLPH and R S. PARKER. an
Of said State and county, respectively
shows.
J. That they desire for themselves
their associates and successors, to be
Incorporated and made body polite
lnder me e, name ana style Of
MORTGAGE SECURITY COMPANY
for a period of twenty 900 years, with
the privilege Of renewal at the expi-
ration Of that time,
Il The principal office OF said CON-
pany viii be located in the City Of At
lanta, State and county aforesaid. but
petitioners desire the right to estab-
llsh branch offices at other points with
in the State of Georgia, or elsewhere
III The object Of said corporation IS
pecuniary gain to itself and stockhoSd-
ers.
" The business to be carried onrby
the said corporation is that Of lending
money secured by mortgage or deeds
10 real estate, or unsecured, buying and
selling all species OF property, real and
personal, dealing generally in stocks,
bonds, notes, chooses in action and other
securities acting as broker OF agent in
the lending or borrowing of moneys and
the purchase or sale Of stocks, bonds,
notes or other things of value. And Pc
titiOners desire that said corporation
shall have the right to engage in the
following lines Of business, to-witi
ca To lend money belonging to IT.
self or others, charging commissions
for such services
(b) To buy and sell morris cages, mort
gage notes and notes secured by Sc
curity deeds or otherwise, and notes I'M
secured.
tcl To buy and sell purchase money
notes, stocks, bonds. chooses in action,
and any other form Of security.
Id To buy, sell, rent improve, sub
divide, lease or suitcase real estate,
or any interest therein.
(e) To act as agent or broker for
any person or persons in respect to any
OF the powers herein prayed for Itself.
V Petitioners further desire the
right to borrow money. TO issue It's
bonds or notes I'm evidence thereof, and
10 secure the same by mortgage. deed
Of trust, or in any other way known
vi The capita! stock Of said oorpo-
ration shall be twenty five thousand
lS25, OO0) dollars. with the privilege Of
/ increasing the same from time to time
to an amount not exceeding in the ag-
gregate two hundred and fifty
thousand CS250 00O) dollars; said in
crease in stock to be made
upon a majority vote of the stock
outstanding at the time. The said cap
ital stock Is to be divided into shares
Of the par value Of one hundred ($1O0)
dollars each, and petitioners desire the
right to issue both commend and prefer
! red stock, at the option Of the stockhold-
ers. and in such proportions and on such
terms as the stockholders may deter
mine
VII Petitioners show that at least 10
| G0l per cent Of the amount OF the
/ capital to be employed by them VIII be
actually paid in before business Is com
menced. and petitioners desire the right
/ to have the subscriptions to said capi-
4 tai stock paid either in money or prop
/ erty TO he taken at fair and reason
/ able valuation.
/ VII Petitioners desire the right to
4 sue and be sued, 10 plead and be i'm
pleaded TO have and use a common seail
! to make all necessary bylaws and reg
/ ulatiOns, and to do all other things that
/ may be necessary for the successful con-
duct Of Its said business as hereinbe-
/ fore defined. together with the right to
! enjoy all other privileges, rights and
] immunitles given under the laws Of the
/ State Of Georgia to similar corpora
/ tions. or such as may hereafter be al
/ lowed by law. subject in all respects TO
] such limitations and restrictions as are
! fixed BY law
! power and authority to apply for and
| accept amendments TO its charter, of
| either form or substance, BY vote
/ of a majority Of the stock outstanding
I at the time. They also ask authority
| for said corporation to wind up its af-
/ fairs, liquidate and discontinue it's bust
! ness at any time IL may determine so
L to do upon a vote of a majority OF
| its stock outstanding at the time.
| WHEREFORE, petitioners pray to be
| incorporated under the name and style
1 aforesaid, with the powers, privileges
| and immunities herein set forth and
such as are now or may hereafter be
/ allowed corporation of a similar char
acter under the laws of the State of
| Georgia.
/ BROWN q RANDOLPH, PARKER
& SCOTT.
Petitioners Attorneys.
/ Filed in office, this the Sd day OF
| July 1913. -
/ ARNOLD BROYLES. Clerk
| STATE OF GEORGIA, County of Full
| ton
/. ARNOLD BROYLES. Clerk of the
/ Superior Court Of said county, do here
/ by certify that the foregoing is a true
and correct copy Of the application for
charter in the matter of Mortgage Sc
eurity Company. as the same appears
/ OF file in this office
Witness my official signature and the
seal OF said court this the Sd day Of
| July 1918. -
ARNOLD BROYLHsS,
| Clerk Superior Court, Fulton County.
| Ca. 1875