The Marietta journal and courier. (Marietta, Ga.) 1909-1918, 1915-03-05
PETITION FOR CHARTER,

STATE OF GEORGIA,
COBB COUNTY:
To the Superior Court of Said Coun-
ty:-
TIE petition of z. L. Wallace IL
Mrs. Annie l.. Wallace bothsof i'd
State and County respectfully shows:
That they desire for themselves,
their associates, and successors, to be
incorporated and made body polite
under the name and style of T. =.
WALLACE CLOTHING COMPANY.
for a period of twenty 600 years,
with the privilege of renewal at the
expiration OF that time.
2
The principal office of said COM
pany shall be in the city of Marietta,
Cobb County, Georgia; but petition
ers desire the right to establish
branch offices in this State or else
where whenever the holders of ma
jority of the stock may so determine.
pecuniary gain for itself and it's
shareholders.
The business to be carried on by
said corporation is that of a 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 connec-
ton with business of this kind.
The capital stock of said corpora.
ton shall be Fifteen Thousand ($15-
100000 Dollars, to be divided into
shares of One Hundred ($100.0O)
Dollars each, and they desire the au-
thority to increase said capital
stock from time to time, when a ma
jority of the stockholders shall deem
it to be to the best interest of said
corporation, so as not to exceed
Thirty Thousand ($30, 000.OO) Dol
lars,
Petitioners desire the right to
have the subscriptions to said capt.
tai stock paid in money or property
to be taken at a fair valuation, or
both.
They desire the authority to buy,
sell, own rent, lease and maintain
real estate; to borrow and lend mo-
ney: to give as security any proper
ty they may own, including real es-
tate; to pledge said property if they
so desire, and execute loan deeds or
mortgages on same for the purpose
of securing any money they may Dor
row.
Petitioners desire the right 20
have and use a common seal; to
adopt constitution and bylaws; to
sue and be sued, and to have all the
rights and priviledes as are now. or
that may hereafter be conferred up
on corporation of like character by
the laws of Georgia
(8.)
Petitioners further desire for said
corporation the power and authority
20 apply for and accept amendments
TO their charter, either of form or
substance. by vote of a majority of
the stock outstanding at the time.
They also ask authority for said COZ
poration to wind up it's affairs, liqui-
date and discontinue it's business at
any tine it may be so determined by
a vote of two-thirds of the stock
outstanding at the time.
WHEREFORE, petitioners pray
the court to pass an order incorpor-
ating them under the name and style
of 7. l.. WALLACE CLOTHING
COMPANY, and granting them the
powers and privileges herein set
out.
This the 10th day of February,
1915.
o. H. LANGFORD,
Attorney for Petitioners.
Filed in office, Feb. 10th, 1915.
J. E. DOBBS, Clerk.
State of Georgia, Cobb County
l, J. E. Dobbs, Clerk of the Su-
perior Court of said County, do hero
by certify that the foregoing is a
true and correct copy of the applica-
ton for charter of the T. L. WAL
!, LACE CLOTHING COMPANY, as
the same appears on file in my Of
flee.
Witness my hand and seal, this
the 10th day of February, 1915.
]. E. DOBBS,