The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1914-03-06
APPLICATION FOR CHARTER.

TO THE SUPERIOR COURT OF SAID
COUNTY:
The petition of T. L. Wallace, ].
Lloyd Reed, and Mrs. Annie L. Wal
lace, all of said State and county, re-
spectfully shows:
That they desire for themselves,
their associates, and successors, to
be incorporated and made a body pol
itic under the name and style Of
REED CLOTHING COMP
ANY, for period of twenty (20)
years, with the privilege of renewal
at the expiration Of that time.
The principal office of said comp
any shall be in the city of Marietta,
Cobb county, Georgia, but petitioners
desire the right to establish branch
offices in this state or elsewhere,
whenever the holders of a majority
of the stock may so determine
CD
The object of said corporation is
pecuniary gain for itself and it's
shareholders.
90
The business to be carried on by
said corporation is that of gener-
al clothing and dry goods business;
including shoes, hats, bags, trunks,
gents furnishings, notions, and such
other articles of merchandise as are
usually bought and sold in connect
ion with a business of this kind.
(5)
The capital stock of said corpora
ton shall be Fifteen Thousand ($15,
100000 Dollars, to be divided into
shares of One Hundred ($100.00)
Dollars each, and they desire the au-
thority to increase said capital stock
from time to time, when majority
of the. stockholders shall deem it to
the interest of said corporation, so
as not to exceed Thirty Thousand
($30, 000.00) Dollars. Petitioners de-
sire the right to have the subscrip-
tions to said capital stock paid in
money or property, to be taken at
fair valuation, or both.
Co
They desire the authority to buy,
sell, own and rent, lease and main
tain real estate; to borrow and lend
money; to give as security any prop
erty they may own, including real
estate; to pledge such property if
they so desire, and execute loan deeds
or mortgages on same for the pur-
pose of securing any money they
may borrow.
Petitioners desire the right to have
and use a common seal; to adopt
a constitution and bylaws; to sue
and be sued, and to have all the
rights and privileges as are now, or
that may hereafter be conferred upon
corporations of like character by the
laws of Georgia.
(S)
Petitioners further desire for said
corporation the power and authori-
ty to apply for and accept amend
ments to it's charter, either of form
or substance, by vote of a major
ity of its stock outstanding at the
time. They also ask authority for
said corporation to wind up it's af-
fairs, liquidate and discontinue its
business at any time it may be so de-
termined by a vote of two-thirds
of its stock outstanding at the time.
WHEREFORE, petitioners pray
the Court to pass an order incor-
porating them under the name and
style of WALLACE-REED CLOTH
ING COMPANY, and granting them
the powers and privileges herein
set out.
This 5th day of February 1914.
o. H. LANGFORD,
Attorney for Petitioner.
Filed in office, February 5th 1914.
VIRGIL McCLESKEY,
Clerk Superior Court.
I, Virgil McCleskey, Clerk of the
Superior Court of said County, do
hereby certify that the foregoing is
a correct and true copy of the ap-
plication for charter for the WAL
LACE-REED CLOTHING COMPANY,
as the same appears of file in this
office.
Witness my official signature and
the seal of said Court, this the 5th
day of February, 1914.
VIRGIL McCLESKEY,
Clerk of Superior Court.
APPLICATION FOR CHARTER.