Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-07-07
LEGAL NOTICES.
GEORGIA. Fulton County.
TO THE SUPERIOR COURT OF SAID
EnTTN-V1N.

Observation-Disclosures County
TO THE SUPERIOR COURT OF SAID
The petition Of w h. SMITH. H. n
RANDOLPH and r. s PARKER all
Of said State and county, respectively
shows:
l. That they desire for themselves
their associates and successors to be
incorporated and made a body polite
under the name and style OF
MORTGAGE SECURITY COMPANY
for a period Of twenty 900 years. with
the, privilege Of renewal at the eNpi-
ration Of that time
IT, The principal office Of said com
pany viii be located in the city of At
lanta, state and county aforesaid, but
petitioners desire the right 70 estab-
fish 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 stockhold-
ers,
" The business to he carried on by
the said corporation is that Of lending
money secured by mortgages or deeds
| TO real estate, or unsecured, buying and
selling all species or property, real ana
personal. dealing generally I'm stocks.
bonds notes, chooses in action and other
securities, acting as broker or 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. lb-Wlls
! ta) To lend money belonging to it.
/ self or others, charging commissions
/ for such services.
Jb) To buy and sell mortgages. mort
! gage notes and notes secured by Sc
/ curity deeds or otherwise, and notes I'M
! secured
tcD TO buy and sell purchase money
/ notes, stocks, bonds, chooses In action,
] and any other form Of security
90 TO buy. sell, rent, improve, sub
| divide, lease or suitcase real estate,
or any interest therein
(el 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 Its
bonds or notes In evidence thereof. and
TO secure the same by mortgage, deed
Of trust, or in any other way known
vi The capital stock Of said corpo-
ration shall be TWENTY-FIVE thousand
increasing the same from time to time
TO an amount not exceeding In the ag
gregate two hundred and nifty
thousand $3.50 OOO) dollars; said in
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 SiOOj
right to issue both commend and prefer
red stock al the option Of the stOckhOld-
ers, and In such PROPORTIONS and on such
terms as the stockholders may deter
VII. Petitioners show that at least 10
90 per cent Of the amount Of the
capital to be employed by them will be
actually paid in before business is COM
menced. and petitioners desire the right
to have the subscriptions to said CAPT
tai stock paid either in money or prop
erty to be taken at fair and reason
able valuation
VII Petitioners desire the right to
sue and be sued. 10 plead and he inn
pleaded. 10 have and use a common seal.
10 make all necessary bylaws and reg
ulatiOue and to do all other things that
may be necessary for the successful con
duet Of its said business as hereinbe-
fore defined, together with the right to
enjoy all other privileges, rights and
immunlties given under the laws of the
state af Georgia to similar corpora
lions, or such as may hereafter he al
lowed by law. subject In all respects to
such limitations and restrictions as are
fixed by law.
power and authority 10 apply for and
accept amendments 20 It's charter. Of
either form or substance by vote
Of a majority Of the stock outstanding
at the time They also ask authority
FOR said corporation 10 wind up Its af
fairs liquidate and discontinue Is bust
ness Al any time il may determine so
TO DO upon vote NJ q majority of
its stock outstanding at the time
WHEREFORE. petitioners pray 70 he
incorporated under the name and style
aforesaid, with the powers, privileges
and immunities herein set forth and
such as are now or may hereafter be
allowed a corporation OF a similar char
acter under the laws Of the State Of
Georgia
Petitioners Attorneys.