The Lee County journal. (Leesburg, Ga.) 1904-19??, 1913-07-17
Petition FOR Charter.
GEORGIA, lee County:

GEORGIA, Lee County:
TO the Superior Court Of said County:
The petition of Mrs. Mamie Sawyer
Galloway and Henry h. StoYall both of
said state and county respectfully shows:
/. That they desire for themselves,
their associates and successors, to be in
corporated and made body polite un-
der the name and style of Leesburg Mer-
camille Company for period of twenty
years.
2 The principal Office OF said COM
pany shall be in the city of Leesburg, Lee
county, Georgia, but petitioners desil e
the right to establish branch offices with
in this state or elsewhere, whenever the
the holders of majority OF the stock
may determine.
5. The object of said corporation is
pecuniary gain TO itself and its share
holders.
4. The business to be carried OH by
said corporation is general mercantile
business, the buying and selling OF land !,
the leasing and subleasing Of land and
the taking OF mortgages on real and PER
sonal property and the taking of rent
notes and any and all forms of security
incident and usual to general merchan-
disc business as collateral security to its
sales and undertakings.
!. The capital stock of said corpora
ton shall be Three Thouand (S3 GU.00)
Dollars with the privilege of increasing
the same to the sum of twenty-five thou
sand (S25000. COZ dollars by a majority
vote of the stockholders, said stock to be
divided into shares of one hundred
(S1UO. O0) dollars each. The whole a.
mount of the capital stock to be en-
ployed by them has been actually paid
in.
6. Petitioners desire the right to have
the subscriptions to said capital stock
paid in money or property to be taken
at a fair valuation.
Z. Petitioners desire the right to sue
and be sued, to plead and be implicated,
to have and use a common seal, to make
all necessary bylaws and regulations,
and to do all other 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 purposes
of the corporation, and to execute notes,
bonds as evidence of Indebtedness in
Cured, or which may be incurred, in the
conduct of the affairs of the corporation
and to secure the same by mortgages,
security deed, or other form of lien, un
der existing laws.
s. They desire for the said corpora,
ton the power to apply for and accept
amendments to its charter of either form
or substance by vote Of asmajority of
its stock outstanding at the tin e. They
also ask authority for said Incorporation to
wind up its affairs, liquidate and quit
business at any time it,may determine
to do so by q two-thirds vote of its stock
then outstanding.
8. Petitioners desire for said corpora
ton the right Of renewal when and as
provided by the laws of Georgia, and
that it have allsuch other rights, powers.
privileges and immunities as are accident
to like corporations or permissible under
the laws Of Georgia.
Wherefore, petitioners pray to be in
corporated under the name and style
aforesaid with the powers, privileges and
immunities herein set forth and as are
now, or may be hereafter allowed a cor
poration of similar character under the
laws of Georgia
Henry B. stoyall,
Mrs Mamie Sawyer Galloway
j. r. Long, Petitioners Attorney.