The Brunswick news. [volume] (Brunswick, Ga.) 1906-2016, 1916-12-22
PETITION FOR CHARTER.
GEORGIA,-Glynn County.

Ben ROZier and r. T.. RoZier OF
said county, and Paul Hayden, Of
Bacon county. all citizens Of Georgia,
present this petition for incorporation
and show:
/. Petitioners desire that they, !
their associates and SUCCESSORS, be
created and founded a 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
cottonseed oil meal and all products
of the cotton plant, and fertilizer
used in enriching lands for the cult
walton Of that plant.
OBJ 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 its yield and manufactur-
ing products from it and manufactur-
ing such said fertilizer.
(c) To act as factor and ware
houseman in handling and dealing in
and storing cotton and all goods and
wares and fertilizers and ali such
kinds of machinery.
(d) To buy, sell, lease ar goner-
ally deal in lands and plantations in
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
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 sn all
kinds of machinery and tools such as
and including those in this applica-
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 i'm the transportation of
any of the commodities, wares or
products Or machinery the company is
permitted to handle or deal in, and to
act as common carrier for others in
the transportation of all such for hire
by such vehicles, tramways only ex
cepted
(h) 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 all
lands estates in lands, building,
stores, warehouses; and all kinds of
mills manufactures, gins. machinery,
engines, apparatus, tools and imple-
ments of every kind and farm animals
useful for the purpose of carrying on
Its business.
(k) And that said corporation in
conducting its said business be en-
powered to do any of said acts and
| exercise any of said powers. saving,
of course, those relating to its cor
porate control and management as
the agents for others for hire or com
mission as for and on its own ac-
count for profit.
5. Ihe capltal or SAID corporation
to be ten thousand dollars, which is
ready to be paid upon the granting of
It's charter. organization of the com.
pany and call therefor But it is
desired that the shareholders bs en-
powered at any regular meeting, upon
vote of three-fifths of the entire
stock at the time, TO increase its CAPT
tai stock from time to time up to
one hundred thousand dollars. and in
like manner and on like vote may
afterwards reduce and retire its stock
until it is not below ten thousand
dollars; all the stock being divided
into shares of the par value of one
hundred dollars each. and in order to
reduce its capital stock it may buy in
its stock and borrow necessary funds
for the purpose.
4. That said corporation have
power TO receive i'll payment for any
stock subscription real or personal
property useful or necessary in its
business.
5. The directors, without a vote of
! iha share holders may hnrroU money