The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1914-12-11
PETITION FOR CHARTER.

TO THE SUPERIOR COURT OF
SAID COUNTY,
The petition of Loring Brown,
William Fambrough and Mrs. e. c.
Fambrough, all of the county of Cobb
and State of Georgia, respectfully
shows
That they desire for themselves
their associates and successors, to be
incorporated and made body polite
under the name and style of
"BELNICNT FARMS
for the period of twenty years, with
the privilege of renewal at the end Of
said period.
The principal office of said
Company shall be in Cobb County.
Georgia, but petiontioners desire the
right to establish branch offices
with in this State or elsewhere, when
ever the holders of a majority Of the
stock may so determine.
The object of said corporation is
pecuniary gain to itself and it's stock
holders.
The business to be carried on
by said corporation is that of general
farming, poultry, livestock and dairy
business, in the buying and selling
and raising any and all kinds of farm
products, live stock, poultry, and
animals and fowls of all kinds
whether they are useful as food,
beasts of burden, sporting, pets Or
otherwise. They also desire the right
to carry on a general merchandise
business in connection with said
other business above set out, and to
have the right to buy and sell any
and all kinds of merchandise, usual
ly handled in a general store and t.
do a general trading business.
The capital stock of the comp
any shall consist of fifty 600 shares
of common stock of the par or face
value of One Hundred ($1OO.O0)
Dollars per share and fifty (5O)
shares of preferred stock of the par
or face value of One Hundred ($100).
Dollars per share, with the right to
increase the said common stock to
not exceeding five hundred (50O)
shares of the par or face value of
One Hundred ($10000) Dollars per
share and with the right to increase
the said preferred stock to not ey-
ceeding five hundred 5000 shares
of the par or face value of One Hun
dred ($100.00) Dollars per share,
from time to time, or in such pro-
portion as the stockholders may de-
termine. The rights of holders of
preferred stock shall be set forth and
determined by the bylaws to be a.
dopted by the corporation at its first
meeting held for organization. Such
parts of said bylaws as relate to the
the rights of preferred stockholders,
shall not thereafter be altered or re-
scinded without the unanimous con-
sent of all of said preferred stock
holders, present and voting at such
meeting.
Petitioners desire the right to have
the subscriptions to said capital
stock paid in money or property or
contracts or other things of value at
fair valuation.
6 Petitioners desire the right to
sue and be sued, to plead and be i'm
pleaded, 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
carrying on of said business, includ-
ing the right to buy, hold and sell
real estate and personal property, in
Guiding stocks or bonds of other
corporations, to borrow money and
to execute notes or bonds as evidence
of Indebtedness and to secure same
by pledges, mortgages, security deeds
or other form of lien under existing
laws.
They ask authority for said cor
poration to wind up it's affairs,
liquidate and discontinue it's business
at any time it may determine to do
so by a vote of two-thirds of it's
stock outstanding at the time.
And they desire such other rights
powers, privileges and immunities as
are incident 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, priv
ileges and immunities herein set
forth.
JOHN H. BOSTON, JR.,
Attorney for Petitioner
Filed in office November 10th, 1914
VIRGIL McCLESKEY,
Clerk Superior Court