The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1915-01-22

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 hoi-
der of such stock, TO exercise all the
rights and privileges of ownership,
including the right to vote thereon,
to the same extent as natural per-
son might or could do.
Cd 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 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 100000
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 CT
the corporation, the holders of the
} preferred stock shall be entitled 20
receive the par value of every pre-
I, 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 7
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 pray
ed for.
I'D To do all and everything
necessary, suitable, convenient CT
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
which shall at any time appear con-
duclve or eXpedient for the protec-
ton 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 pravs
that its Charter may be amended as
above set forth and by the statute
IN such case made and provided.
Dated January 18th, 1915.
SESSIONS LOAN & TRUST CO.,
MOULTRIE NJ. SESSIONS,
and
RICHARD p. BENTLEY,
Attorneys for Petitioner
Filed in this office on the Sth day
of January, 1915.
J. f. DOBBs, Clerk.
State of Georgia, County of Cobb, SIS,
l, J. E. Dobbs, Clerk of the Sill
perior Court of said County, do here
by certify that the foregoing is
true and correct copy of the appli-
cation for an amended Charter of
the Sessions Loan & Trust Company,
as the same appears on file in nv