The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-06-17
PETITION FOR CHARTER.
GEORGIA-Glynn County:

0L-OINGlA- 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
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, anu
to repair and work over all such
products; to buy and sell such met
ais and manufactured products, wheth-
er 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
tlons) as may be deemed necessary or
eXpedient for the successful conduct
of the business, and to sell the same
at pleasure; to borrow money, execute
evidences of Indebtedness therefor,
and secure the same by mortgage,
pledge or other form of security COW
ering any or all of the property of the
corporation; to sue and be sued; to
nave and use a common seal, and
change the same at pleasure; to con-
tract and be contracted with and in
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 twothirds 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 such increases or de-
creases that may be fixed or prescrib-
ed by the stockholders by bylaws or
otherwise.
4. 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 di-
rectors in the exercise of their discre-
ton may desire. The specific charter
right is desired to hold meetings of
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
action 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
er 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 hero
in set cut.
BENNETT. TWITTY e REESE,
Petitioners Attorneys.
Filed in office, this June 8, 1916.
A. o. Townsend, Deputy Clerk
IN IT o. l