The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-06-10
PETITION FOR CHARTER.

GEORGIA-Glynn County:
To the Superior Court of Said County:
The petition of C. NJ Peddicord. of
! Glynn county. Georgia and w. A. Nc
MILAN and Paul e. Twitty, of Duval
county, Florida. respectfully shows:
! l. Petitioners desire for themselves.
their successors and assigns, to be in
corporated under the name and STYLE of
BRUNSWICK COPPER WORKS for
a period of twenty years. with the
privilege of renewal
2, The object of the corporation
is pecuniary gain. and the right is de-
sired to engage in the manufacture
| from copper and other metals of
| turpentine stills, worms and caps,
| turpentine cups, and all other metal
! fixtures or appliances used or which
may hereafter be used in the naval
| stores producing business; to do a
general manufacturing business in
| converting metal and woods of all
| kinds into manufactured prod
ucts of commercial value, and
to repair and work over all such
| products; to buy and sell such met
ais and manufactured products, wheth-
CT made by the corporation or not;
| to do plumbing and tin work; to buy,
| own, rent and lease such real estate
| and personal property, including
| stocks and bonds of other corpora
| tions) as may be deemed necessary or
expedient for the successful conduct
of the business, and to sell the same
i at pleasure; to borrow money, execute
| evidences of Indebtedness therefor,
and secure the same by mortgage,
| pledge or other form of security COW
| erine any or all of the property of the
| corporation; to sue and be sued; to
have and use a common seal, and
| change the same at pleasure; to con-
| tract and be contracted with and i'm
| short to do any and all things that
may be necessary or expedient in or
| der to do a successful business along
| the lines enumerated.
3. The capital stock of the COM
| pany Is to be Seventeen Thousand dol
| lars, divided into one hundred and
seventy shares of the par value of
One Hundred dollars each More
than ten per cent of the capital stock
has been paid in and is now available
to the proposed corporation. The
right is desired to increase the capital
stock at any time, and from time to
time, upon a vote of two-thirds of
the stock at that time outstanding, to
any amount or amounts not to ex-
coed One Hundred Thousand dollars,
and in the same way to decrease the
same to any amount or amounts not
less than Ten Thousand dollars, in
accordance with the rules and regula-
tons governing sucil increases or de-
creases that may be fixed or prescrib-
ed by the stockholders by bylaws or
otherwise.
d. The principal Office of the corpo-
ration Is to be at Brunswick, in Glynn
county, Georgia, with the right, how
ever, to establish branch offices or
places of business at any and all other
places in the United States, or in for
eign countries, that the board of d.
rectors in the exercise of their discre-
tion may desire. The specific charter
right Is desired to hold meetings of
the board of directors at any one place
other than Brunswick which may be
designated by the bylaws.
5. There shall be board of direct
ors, consisting of not less than three
nor more than seven members, all Of
whom shall be stockholders. They
shall hold office for such term as may
be fixed by the bylaws and shall have
such powers as may be vested in them
by law or by the bylaws, or by other
7cfion of the stockholders.
6. The board of directors shall elect
of their number the following officers:
president, vice president, secretary
and treasurer but the Office of secre-
tary may be filled by any of the 9TH
or officers. The board of directors
may at their pleasure create other Of
fees, and may prescribe the duties
Of all officers.
7. The stockholders shall have the
right to adopt bylaws for the govern
ment and regulation of the corpora
ton, not in conflict with the law or
the terms of the charter, and altar
or change the same as may be pre-
scribed in the bylaws adopted. The
stockholders may in such bylaws dele
gate to the board of directors any and
all powers not reserved in the stock
holders by law or the terms of the
charter.
Wherefore, petitioners pray that
charter may be granted them as here
in set cut.
BENNETT. TWITTY & REESE,
Petitioners Attorneys.
Filed in office, this June 9, 1916.
A. O. Townsend, Deputy Clerk.