The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1915-01-15

lie, or municipal, or body polite, AMI
with the Government of the United
States or any State, territory or col
ony thereof, or any foreign govern
ment; to purchase, lease, exchange,
hire or otherwise acquire any and
all rights, privileges, permits, or
franchises suitable or convenient for
any of the purposes of it's business.
(G) To do any and all things here
in set fol tn as objections, purposes,
powers or otherwise, to the same ex-
tent and as fully as natural persons
might or could do, and in any part
of the world as principals, agents,
contractors, Trustees or otherwise.
CID To hold, purchase, or other
wise acquire, to sell, transfer, assign,
mortgage, pledge, or otherwise dis
pose of the shares of its capital stock
bonds, or other evidences of indebt-
edness created by other corporation
or corporations, and while the hol-
der of such stock, TO exercise all the
rights and privileges Of ownership,
including the right to vote thereon,
to the same extent as a natural per-
son might or could do.
Q) To build, compile, improve, buy
| sell, lease and operate a plant for
the purpose of examining and guar
anteeing the title to real estate
throughout the State of Georgia, or
elsewhere, and in other ways deal in
or as a general abstract business of,
and in connection with, the title TO
lands.
CD To increase it's capital stock
from 100000 as now authorized,
to total of not exceeding $1,OOO,OOO
the number of shares into which the
stock shall be divided is 10000
shares, and the par value of each
share is $4,000
From time to time the common
stock and the preferred stock shall
be issued in such amounts and pro-
portions as shall be determined by
the vote of a majority of the owners
of the stock thus issued and OUT
standing.
The holders of any such preferred
stock as may be issued shall be en-
titled to receive from the surplus of
any profits arising from the business
of the Company annually when de-
clared by the Board of Directors.
In addition thereto, in the event
of the dissolution or liquidation OF
the corporation, the holders of the
preferred stock shall be entitled 10
receive the par value of every pre-
ferred share out OF the assets of the
Company before anything shall be
paid therefrom to the holders of the
common stock
The preferred stock shall be sub
ject to redemption at the option Of
the Company on the End day of Jan
uary 1920, or on the date of pay
ment of any preferred stock dividend
thereafter, at the price of $1,000
for each share and the amount of
dividend accumulated and unpaid
thereon at the date of redemption.
No dividend shall be paid on the
common stock until a dividend of T
percentum for each and every fiscal
year OF the Company shall have been
paid In full upon the cumulative pre-
ferred stock.
After providing for the payment of
the cumulative dividends upon the
preferred stock, all dividends which
may be declared out of the surplus
or net profits shall be payable to
the holders of common stock.
(K) To have it's Charter extended
for twenty 600 years from the date
OF the amended Charter herein prav-
ed for.
10 To do all and everything
necessary, suitable, convenient ar
proper for the accomplishment Ct
any OF the purposes, or the attain
ment OF any one or more of the OBJ
Jects herein enumerated, or inciden-
tai TO the powers herein named. or
winch shall at any time appear con-
duclVe or eXpedient for the protec-
tlon or benefit of the corporation
either as holders of or interested in
any property or otherwise: with all
the powers now or hereafter conferr-
ed by the laws of the State of Geor-
gia upon corporations.
WHEREFORE, petitioner prays
that its Charter may be amended az
above set forth and by the statute
IN such case made and provided.
Dated January 7th, 1915,
SESSIONS LOAN & TRUST CO.,
MoULTR1E NJ. SESSIONS,
| RICHARD p. BENTI LEV