The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-06-24
PETITION FOR CHARTER.


To the Superior Court of Said County;
The petition of C. M. Peddicord, of
Glynn county, Georgia and w. A. Nc.
MILAN and Paul Il. 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-
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
tions) 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
have and use 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 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
pOF piity VI lUt par value Vi
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 eapital |
stock at any time, and from time to
time, upon 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.
crca8eS 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
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 digcre-
ton 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.
s. There shall be board Of direct.
)rs, consisting Of not less than three
lor more than seven members, all Of
gh9m shall be stockholders. They
shall hold Office for such term as may
&c fixed by the bylaws and shall have
uch powers as may be vested in them
" law or by the bylaws, or by other
'@n ~ he stockholders.
G. The board Of directors shall elect
II their number the following officers:
PRESIDENT, vice president, secretary
nd treasurer. but the Office Of sccre-
airy may be filed by any Of the 9TH J
y officers. The boarG Of directors /,
nay at their pleasure create other Of
ICES, and may prescribe the duties
I all officers.
Z. The stockholders shall have the