The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-12-09
PETITION FOR CHARTER.

said county, and Paul Hayden, of
Bacon county. all citizens of Georgia, J
present this petition Tor incorporation
and snow:
l. Petitioners desire that they,
their associates and successors, be
created and founded body corporate
and polite under the name of New
Lacy Cotton Company" which name
is that of no other Georgia corpora
ton with its domicile and chief place
of business in said county of Glynn,
the object and purpose whereof being
pecuniary gain and profit to the share
holders.
2. The business which such cor
poration will engage in, is that of a
ginner. manufacturer, general dealer
and planter; and amongst the things
comprehended and intended to be
done by it and for which authority is
asked, petitioners specify the follow.
ing:
(a) To gin cotton. manufacture
cotton-seed oil meal and all products
of the cotton plant, and fertilizer
used in enriching lands for the cult
walton of that plant.
(b) To buy and sell cotton, cot
ton seed oil and all products of the
cotton plant. and fertilizers for cot
ton lands. and all sorts of machinery,
mills, engines, tools, and apparatus
used in cultivating the cotton plant,
gathering it's yield and manufacture
ing products from it and manufacture
ing such said fertilizer,
| Co To act as factor and ware
. houseman In handling and dealing in
and storing cotton and all goods and
wares and fertilizers and all such
kinds of machinery.
(d) To buy, sell, lease ar gcner-
ally deal in lands and plantations in
| the cotton belt suitable for growing
the cotton pant;
| (e) To operate cotton plantations
in raising cotton, and incidentally in
that connection and in aid of such to
cultivate and utilize such other and
general crops as are needful or use
| full for stock and otherwise in operat-
| ing such plantations; breed, raise, buy
and sell all kinds of domestic animals,
| live stock and cattle useful for food
or other the many useful purposes of
such and as are generally kept by
planters for farm or general use.
f) To own, purchase, sell lease
al patents and patent rights on all
kinds of machinery and tools such as
| IN, annIiaa
ton expressly mentioned either out
right or in districts or territories
whether issued in or by authority OF
| the United States government or
abroad
Cd To own, hire and operate tram
roads automobiles and all other We.
hicles useful in the transportation Of
any of the commodities. wares or
products Or machinery the company is
permitted to-handle or deal il, and to
act as common carrier for others in
the transportation of all such for hire
by such vehicles, tramways only eX
copied
CHI To own and operate commits
saries and general stores for the sell
ing and furnishing of all kinds Of
goods wares, merchandise and We
hicles to its employees or to the gen
eral public.
ID To subscribe for, buy and sell
stocks in and bonds and securities
issued by other corporations where
not inhibited by the law of the land.
Cd TO own or lease and use al
lands estates in lands, building
stores, warehouses; and all kinds OF
mills manufactures, gins, machinery
engines, apparatus, tools and nipple
ments of every kind and farm animals
useful for the purpose Of carrying OF
it's business.
Ck) And that said corporation II
conducting its said business be en-
powered to do any of said acts ant
exercise any of said powers, saving
of course, those relating to it's cor
/, porate control and management a
the agents for others for hire or CON
, mission as for and on its own &C
count for profit.
3. The capital of said corporation
] to be ten thousand dollars, which i
! ready to be paid upon the granting o
: its charter, organization of the CON
dpany and cali therefor. But it /
Edegired that the shareholders be en-
powered at any regular meeting, upo
a vote of three-fifths of the entir
stock at the time to increase its cap
S ! tai stock from time to time up t
/. one hundred thousand dollars and i
e like manner and on like vote ma
t afterwards reduce and retire its stoc
! until it is not below ten thousan
y dollars; all the stock being divide
) into shares Of the par value of on
S hundred dollars each ana in order t
j reduce its capital stock it may buy i
), its stock and borrow necessary fund
o for the purpose.
4. That said corporation hav
power to receive in payment for an
stock subscription real or persona
property useful or necessary in it
business.
0 5. The directors, without a vote 0
! the shareholders, may borrow none