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


virtue of the laws of the State of
Georgia, with its principal place of
business in the City of Marietta, in
said County of Cobb, respectfully
shows:
FIRST: That your petitioner was
duly incorporated under the name
Investment Company by an order
granted by this Honorable Court on
the 26th day of November 1909, and
by an amendment duly made under
all order granted by this Court on
the thirtieth day of April 1910, the
name of your petitioner was changed
to SESSIONS LOAN & TRUST CON-
PANY; that since said incorporation
petitioner has been regularly engag-
ed in business in the City of Mari
eta, in the said County of Cobb.
SECOND:- That your petitioner de-
sires to amend its charter so as to
have the right, power and authority,
in addition to those already conferr-
ed upon it, as follows:
(A) To carry on and conduct the
business of regular loan company,
appointing agents and correspondents
to obtain applications for loans to be
secured by loan deeds or mortgages
upon real estate; to obtain applica-
lions for loans to be secured by loan
deed or mortgages upon real estate
either directly through petitioner
or through agents and correspon-
dents appointed by it; to obtain mon
ey to make such loans, either from
persons, firms, or corporations, and
to have the loan deed or mortgage
and other collateral for such loans
made directly in the name of the
persons, firms or corporations ad-
vancing the money therefor, or in
the name of petitioner, and conveyed
or assigned by it to such person,
firm, or corporation who or which
has advanced said money as afore-
said; to charge and receive reason
able commissions and compensations
for negotiating such loans; to have
the right and authority to guarantee
the payment of the principal and
interest of any such loan deed or
mortgage or other collateral, so made
to your petitioner or to any other
person, firm or corporation through
it.
OBJ To invest its own money and
potts in loans secured by loan deeds
or mortgages upon real estate situat-
ed in the State of Georgia, and ia
sell, convey, or assign the same when
1T shall be to the advantage of the
company so to do; or to convey and
assign or pledge such loan deeds and
mortgages to a Trustee to secure the
payment of Accumulative Installment
Premium Payment Bonds, or to Sc
cure the payment of Debenture Bonds
issued by the Company.
CO. To purchase, receive, hold and
own bonds, loan deeds, mortgages
debentures, notes, shares of capital
stock, and other securities, obliga-
tons, contracts, and evidences of in
debtedness of any private, public
or municipal corporation, or OF
the Government of the Unitej
States, or any other State, Ter,
rltory or colony thereof, of any for.
eign State of Country; to receive, col.
lect, and dispose of interest, divi-
dends and income upon, of and from,
any of the bonds, loan deeds, mort,
cages, debentures, notes, shares OF
capital stock, securities, obligations
contracts, evidences of Indebtedness
and other property, any and all
rights, powers, and privileges of in.
dlVldual owners thereof; to do any
and all acts and things tending to in
crease the value of the property held
by the company; to issue either de.
oentures or installment payment
bonds, and to secure the same by
pledges or deeds or agreements CT
trust, or mortgages of or upon the
whole or any part of the property
held by the Company, or upon Ger.
tain and specific lands and premises
and to sell or pledge such bonds for
proper corporate purposes, as and
when the Board of Directors shall
determine; and, in the pomotion of
its said corporate business to the ex-
tent authorized by law; to lease, pur-
chase, ho'd, sell, assign, transfer,
pledge, mortgage and convey real
and personal property of any name
and nature.
Cd To acquire the goodwill.
rights, property, and assets of all
kinds, and to undertake the whole
or any part of the liabilities of anv