The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-04-08


plants, warehouses, and storage yards,
and leasing, owning and operating oil
wells, pipe lines and owning, leasing
and operating vehicles of all classes
and kinds and motive power boats and |
water craft necessary and convenient
for the purposes Of the business to be !
carried on by said corporation; and, |
engaging i'll the business of storing pc
troleum and its products of all forms |
and classes, and subscribing to and |
acquiring stock, bonds and other ev- |
donce of Indebtedness of other compa-
MES as well as other corporations and |
not prohibited by law, and receiving |
stock, shares, bonds and other oy- |
dcnces of Indebtedness of other corpo- |
rations in payment of debts owing it |
and not prohibited by law; acquiring
licensing, leasing, owning, using and
selling patents and patent rights, trade !
names and copyrights, and all other
classes and forms of property and |
chooses i'll action for cash or on credit |
with the right to execute and deliver
deeds of trust, deeds to secure debt
ANA other liens in the acquisition
thereof, selling and disposing of any
of its RGoperty for cash or on credit,
and 10 receive mortgages and deeds
/ To secure debt, deeds OF trust or other
feHaAs of security from the purchaser,
or purchasers, when sold on credit,
with the right to loan persons, whether !,
natural or artificial, and to take such
security for such loans as the board
of directors of said corporation may
ses Fit.
9th. The principal office of said
corporation shall be in the city of
Brunswick, said state and county, with
the right to establish offices at any
place or places within the state of
Georgia, or other states or territories
of the United States or any foreign |
country, and the directors Of said cor
poration shall have the power to hold |
any meeting at such place or places in
said state or III any other state or ter
Irtory as well as in the city OF Bruins,
wick, and the action taken at any such |
meeting or such other place or places
shall be binding on said corporation as |
il held in said city of Brunswick
7th. That the affairs Of said corpo-
ration shall be administered by board |
OF directors which shall consist OF |
such number of directors as the stock |
ngs, and who shall be elected by said |
stockholders except as hereinafter pro
yided for. All such directors shall be
stockholders in said corporation du-
ring their entire period Of service as
such directors, and such directors
shall hold office for one year and I'M
til their successors are elected and
shall qualify Said directors shall
elect the other officers Of sair corpo |
ton, except as hereinafter specified, |
and they shall in addition to the other |
powers usually pertaining TO directors. |
have the power to issue and sell notes |
Of said corporation or other forms OF |
security for the purpose Of raising |
funds for, or paying off debts Of, or for |
paying for property acquired or to be |
acquired by said corporation wlleney |
~, in their opinion, ii shall become |
10 the best interest Of said corporation |
10 do 80, and to SECURE all such notes, |
bonds, or other forms Of indebtedness |
by mortgage, deed to secure debt, deed |
Of trust, or other lien or encumbrance |
Of said corporation.
9Th. Said corporation shall have the |
light, by a majority vote Of it's common
stockholders, at any time, to issue and |
sell preferred stock Of the corporation
not 10 exceed one million ($1 10000 |
dollars, with such provisions, restrlc-
tons, preferences, terms and condi
tons surrounding the sale Of such pre-
ferred stock as the Stockholders may
authorize.
9th Said corporation may at any
time upon vote taken by majority
of its stockholders sell and dispose of
all or any part Of its property and as
sets.
Wherefore petitioners pray that they
and their associates may be incorpo-
rated for tlre purposes aforesaid, under
said corporate name, with The capital
and for the term aforesaid, and that
they may have conferred upon them
and their. associates and slegessefs,
al such iiglsts, ppwdf6 and pfigiloges |
as are usual and incidcntto such cor
porationa, and your petitioners win
ever pray, etc. II
A. 3. cROYATT, i
Petitioners Attorney. Il
4